College Athletics: The Haves and The Have Nots

The Washington Post writes about college Athletic programs and the ones that are losing money. It compares Auburn (The Haves) and Rutgers (The Have Nots) although both have one thing in common: debt.

Auburn and Rutgers provide two very different answers to the same question: “How do big-time college sports departments lose money?” To some critics, the spending decisions the people running these operations have made, and the way they’re financing them, illustrate fatal flaws in the financial arms race of big-time college sports.

“The current model does not work,” Ridpath said. “Some day it will implode.”

Read the complete story HERE.