- Joined
- Dec 19, 2013
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That was my line of thinking as well. I can't imagine, even a school like Bama spending nearly as much on their athletics programs as they spend on academics. Salaries is a great example. Not only because the sheer volume of professors they have on campus, but some of those highly sought after professors are getting paid pretty sizeable salaries. Not to mention all the benefits they have to pay for these employees. Then as you mentioned there is a lot money being spent on libraries, classrooms, research(IIRC Miami spent 400m on research alone last year). also, I know Miami gives more academic schollys than athletic ones(and its by a good margin). I could only assume the giant state schools with 50k+ kids have an even larger ratio than a small private school like Miami.
I’ll chime in; I’ve looked over several schools’ operating portfolios & the common theme has been a great portion of operating expense dwarfs athletic expenses. A great portion of endowments r geared towards academia. I’ve seen that the investment in athletics is typically used as a revenue stream or mechanism to profit after all the expenditures.
I think, well I know, b/c sports takes such precedence in our society, we’re inundated w/ sports accomplishments, including facilities that r built up. We hardly ever hear about new academic buildings being built, or housing, research facilities, etc. For instance, and the only reason I know this is b/c my client’s grand daughter is now a Jr at Bama, but they r building a state of the art fashion facility for students interested in that field. That’s not hitting the news.
We already know all of the resources allocated to Miami’s campus after the team started winning. So yeah, we may hear of student athletes getting this or having that built, but the vast majority of schools’ operating budget goes towards academics.
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