Time to Privatize College Football
Posted by PunchTheBag on 2 January 2005 | 5 responses
College football booster clubs are becoming fundraising powerhouses. The college alumni are proving, whether they know it or not, that a sizeable percentage of the athletic budget could come from private wallets rather than from government resources or tuition.
Here’s what the Florida boosters have accomplished (NY TIMES):
In 1997, Gator Boosters Inc. raised $16.2 million in contributions, according to its 990 tax filing, a form used by nonprofit organizations. In 2002, it brought in $23.7 million in public support – or more than a third of Florida’s athletic budget.
When people value something, dollars will follow. Better that the dollars are from those that want to donate (or buy).
5 Responses to “Time to Privatize College Football”
Theortetically, public schools’ athletics programs are self-supporting. They often aren’t, as observers of the IU athletic department know.
Check that: University of Florida, not Florida State.
Unforgiveable transgression. Appoint a blue ribbon panel. This Seminole, for one, is requesting his subscription to In The Agora be canceled until such time as the editors make a front page correction of this abomination!
Corrected.