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this post was submitted on 16 Oct 2023
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How about the profits go to lower tuition cost of that college? Everyone wins right? Right?
this is where i always hear crickets also... if the sports 'programs' are to help students, why arent 100% of the profits not dumped right back into the actual education process... because profits gotta profit.
Putting the profits into lowering the cost of tuition would be a good idea, however the schools would just argue that the revenue from sports programs already go into lowering tuition. And since it is all counted as revenue, if you lower either source then your overall revenue is lowered.
Let's say that you have 2 sources of income: your job, and your hobby. Let's say your job pays you $100k and your hobby brings in $50k. If your employer said that they were going to lower your salary to $75k because your hobby is bringing in a decent amount of money, you probably wouldn't go for that.
This isn't to defend the schools, just pointing out that the issue is a bit more complicated than this solution would indicate.
Well the analogy is to lower the employers income to lower the revenue, not employees . Why? Because they take in disproportionately more from what the hobby is raking in.
You'd have to kill title IX to make that happen.