The amount of money spent by colleges on sports
When it comes to college sports, there are many schools that invest large amounts of money. Schools such as the University of Alabama with the money they have dedicated to football and basketball. This type of investment has helped the university to expand and increase its athletic department. However, is it right for all colleges to invest in sports? And if so, is it justified?
Many people do not realize that colleges are getting more competitive by investing in sports. This is due to the fact that the amount of money received from the student’s tuition and the contributions from the student’s parents are no longer as big. The amount of money that a student will earn from playing college sports may actually be lower than the money they would earn by doing something else. Therefore, schools are looking for other options.
The first question to answer is whether or not it is right for all schools to invest into sports. The answer to this question is no. There are some college programs that are simply not worth the investment. These are usually graduate schools, professional school, business school programs and education programs that focus on one particular field. For example, if a school is investing in football, they are probably not investing in an education program that trains athletes for other sports. The amount of money a college spends on their athletic department is not directly proportional to the amount of money the school earns from student enrollment.
Another reason why it is not justified for colleges to invest in sports is because of the effect that it will have on the students. The investment into sports will affect the amount of money that students can spend on clothing, housing and entertainment. These types of purchases tend to become second nature after college. Therefore, it is likely that the impact to college students is not as great as it would be if the schools invested more money in a similar area. Also, the revenue generated by athletic events tends to cover the operating costs of the college, which helps to keep the overall cost down.
By definition, investment means increasing the value of something. By doing that, you are essentially increasing the value of the college itself. If the school invested more money in sports, it would increase its overall value because of the increased attendance that would result from the investment. The investment would also increase the income potential of the college. The number of people who would be able to afford to go to the college and stay in the dorms is likely to increase.
It is also important to remember that the investment does not need to come entirely from tuition revenue. The investments may come from equipment and supplies that are needed by the student athletes. In turn, the equipment and supplies must be purchased from the colleges athletic department. The investment in the equipment and supplies of the college athlete is what leads to the “cost per ticket” or the price paid for a game by the college athlete. That price is determined by the NCAA’s commerce department. Therefore, the profits that can be gained from such sales goes back to the institution of the college.
Although it seems that the amount of money spent by colleges on sports is big business, many people do not realize that the college is actually one of the last great institutions to be created. The average person at one time did not have to worry about college athletes getting paid. Sports were not as important to the average citizen as they are today. Thanks to the genius of an entrepreneur, now we have athletes getting paid for playing sports and, if you get paid for playing sports, that is definitely something to brag about!
The amount of money a college athlete makes is usually between six and ten thousand dollars per game. Some college athletes make even more than that. However, the average college athlete makes a little bit of change that adds up to quite a substantial investment for the institution of college.