Leon ciesla-Pd.2

Mega Bucks

                This article is explaining the massive amount of income and expenses generated by college football teams and basketball teams. It talks about the athletic programs of Ohio State with an annual budget of 109’382’222 for all of its sports programs. The article says that revenue for almost all of its teams is funded by the football and basketball teams. The school even has a private jet.

                The school is bringing in its money from the football and basketball teams as discussed, but more specifically from football ticket sales 31.65 million dollars in ticket sales account for most of their sports budget. They also got almost 4 million from the NCAA just for getting to the championships. To give a comparison in order to see how essential the football team is thinking of it this way, hockey there costs 1.2 million dollars and only brings in 1,600 something dollars, everything else is payed for by the football team.

                UF brought in an astounding 34 million dollars in ticket sales after winning. This is in ticket sales alone.

                The schools are using this money for paying for other varsity teams and are also sending some money back into the programs. With expenses like a private jet for recruiting and remodeling there stadiums they need to keep making their money. Not to mention without a football team they wouldn’t have very many other teams.

                The reason it is so important for colleges to have a strong football program is so schools can have a source of high level income. This could bring other sports to the college as stated above. Without a strong football team the college won’t get as much money as possible and prices elsewhere could rise.

                My opinion on this dependability on the football team is indifferent if the team is good the college will benefit but what about if the team isn’t so good and the football team is falling behind in expenses itself this could be very bad.

                My conclusion to this article is a good football team is priceless and the marketing and competition around it is growing.