[su_spacer size=”20″] We often read that only a handful of CFB programs shows a “profit” each year. NCAA used the no-profit mantra to predict the destruction of our beloved sport should players be allowed to participate in any way in the money monsoon that is sweeping over the game.[su_spacer size=”40″] College football has no standard for determining profit or loss. Some athletic departments/associations pay out of state tuition for every scholarship athlete regardless of a student-athlete’s home address. Here’s is another tidbit illustrating a method that can be used to transfer money from an athletic department to a university and lower athletic surplus numbers:
[su_spacer size=”40″] [su_quote style=”modern-light” cite=”SB Nation” url=”http://www.sbnation.com/2015/7/23/9027293/texas-steve-patterson-charging-coaches-dorm-food”] Texas says that it pays $17.50 per meal out of its athletic budget. Now, I know that dorm food gets a markup, and that things are becoming more expensive in Austin, but that seems like a lot of money!
[/su_quote] I’m sure that Texas dining hall food is outstanding but….