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| Member |
Story here. https://wqad.com/2019/09/11/io...ofit-for-the-school/ I knew the the highest paid state employees were in the sports coaching jobs. but I did not know that The Hawkeyes brought in this much dough. Any one know what the Texas teams do ? they must be quadruple the amounts , down there Safety, Situational Awareness and proficiency. Neck Ties, Hats and ammo brass, Never ,ever touch'em w/o asking first | ||
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Equal Opportunity Mocker |
College fooseball is big business. Mississippi State brings in over $100,000,000 per year from being in the SEC and the rich associations that carries with it. And they are perennially in the bottom half of rankings in the SEC West (Alabama, Auburn, LSU, Arkansas, Ole Miss, Texas A&M...). ________________________________________________ "You cannot legislate the poor into freedom by legislating the wealthy out of freedom. What one person receives without working for, another person must work for without receiving." -Dr. Adrian Rogers | |||
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Knowing is Half the Battle |
When there are no major sports leagues in the state you gotta revert to Iowa and Iowa State and sometimes UNI and Drake. | |||
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Info Guru |
https://sports.usatoday.com/ncaa/finances/  “Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence.” - John Adams | |||
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Fighting the good fight |
Arkansas is in the same boat. No pro sports teams, so the University of Arkansas gets all the fans/money. | |||
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| Big Stack |
And they're all nonprofit corporations that pay no taxes. Hmmmm.....????? | |||
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Caribou gorn |
revenue /= profit I'm gonna vote for the funniest frog with the loudest croak on the highest log. | |||
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| Member |
Reference Total Revenue Are the private schools omittted? It seems they are from a note I saw. Did not see Notre Dame, Stanford or USC. | |||
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| Big Stack |
Yes, there are lot of non-profits that bring in a lot of revenue. And by current tax law, this is perfectly legal. I think there's a question of what the qualifications of a non-profit should be. If they're paying executives and other employees (thinking coaches in the college sports paradign) seven+ digit salaries, a strong argument can be made that the executives are pulling profits out of the ostensibly non-profit corporations in the form of salaries.
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| come and take it |
The private schools do not have to report their numbers, like the state schools do. I have a few SIGs. | |||
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| Member |
Pretty shocking that no matter how much they bring in they all spend it. Well not really shocking I suppose. | |||
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