Disclaimer- in the grand scheme of today’s reality this discussion is not important at all but could be an interesting discussion for our HI family. My thoughts apply to revenue sports in college only - Pro sports are not my thing.
For a while I’ve wondered how long the “big bucks” generated by college sports could be sustained. I’ve mentioned on this board that at some point there could be a “tipping point” where money slows down and changes have to be made. No one could predict this situation (more less me) but it’s officially an issue.
In the last couple of years fans have more and more opted to view on TV so ticket sales are down (for many schools). Obviously TV pays much of the bills and as does donor contributions. Huge salaries for coaches (cheating Cal 8 million a year) big bucks spending on stadiums, facilities and millions for many schools still paying ex-coaches.
So what happens? Contracts are in effect for all sorts of things including huge payments to coaches. Scholarship money is a big expense - what if the NCAA adds a year to eligibility and expands the roster limits for fairness more money going out.
Anyway - wondering what your thoughts are on this subject? And again please understand that this is not important with the pandemic killing people. Just thought a discussion could help pass the time.
Prayers for healing in our nation and world.