The University of Alabama spends $31 Million on Football, matching Ohio State's investment. The New York Times has the Associated Press story of how much the 70 Bowl-bound schools pay for their programs.
The cheapest prgram going to a bowl is also in the State of Alabama---Troy University---with a $5-Million dollar program.
I have been told that the football programs pay for themselves and more through ticket sales, TV broadcasting rights, merchandise sales, etc--enough to give back to the university.
ReplyDeleteThat's what I've heard. Does anyone have any facts on this? Or is it mythology?