this post was submitted on 17 Dec 2023
922 points (99.1% liked)
memes
10285 readers
4531 users here now
Community rules
1. Be civil
No trolling, bigotry or other insulting / annoying behaviour
2. No politics
This is non-politics community. For political memes please go to !politicalmemes@lemmy.world
3. No recent reposts
Check for reposts when posting a meme, you can only repost after 1 month
4. No bots
No bots without the express approval of the mods or the admins
5. No Spam/Ads
No advertisements or spam. This is an instance rule and the only way to live.
Sister communities
- !tenforward@lemmy.world : Star Trek memes, chat and shitposts
- !lemmyshitpost@lemmy.world : Lemmy Shitposts, anything and everything goes.
- !linuxmemes@lemmy.world : Linux themed memes
- !comicstrips@lemmy.world : for those who love comic stories.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
FTFY
Athletics is actually petty profitable, since athletes can't be paid, so the school gets all the money for sponsorships, tickets, merch, etc.
It can actually be a problem for the schools, since athletics isn't allowed to be profitable. They have to spend all the money athletics brings in on athletics, which is why the athletics department ends up with all the fancy new buildings.
Remind me again, what is it called when the people generating the wealth are not compensated?
Ah yes, that sounds like a great benefit for students getting an education. Also for the academic staff. Must be great to work at a university as a lecturer and know the football coach earns multiples of your salary.
Honestly I think South Park’s bit on Student Athletes perfectly explains it
Blind government regulations?
What's the point of having an athletic program if you're not using it to subsidize programs that actually matter?
It kinda does do that, just indirectly. Even if the university can't profit directly off of athletics, a successful sports season increases application rates and donations. Basically it boosts the brand recognition and brand identity of the school.
It's still painful to me that the class size at my engineering school basically doubled the year after the university won some basketball championship. I don't want to believe that people, and especially engineers, are that influence-able but the numbers don't lie