Is big-budget spending sustainable in college sports?
At the Big Ten meetings in Southern California, "unsustainable" is being uttered in the shadow of success.
www.espn.com
Is big-budget spending sustainable in college sports?
- Thread starter Halldan
- Start date
www.espn.com
I assume you could ask some starving nations if eating meat or fish every day is a sustainable way to live. Most ncaa schools are starving nations.
Plenty of schools have enough donors to keep it going long enough to bring many others to their knees.
My question is for how long will this be allowed to continue..."So where are the strong, and who are the trusted? And where is the harmony, sweet harmony?"
And how long will it take to kill my rabid interest in Seton Hall hoops
Plenty of schools have enough donors to keep it going long enough to bring many others to their knees.
My question is for how long will this be allowed to continue..."So where are the strong, and who are the trusted? And where is the harmony, sweet harmony?"
And how long will it take to kill my rabid interest in Seton Hall hoops
The nations that can afford meat don’t give a crap about those that are starving.
From a recent NYT article about colleges:
“And there’s the demographic cliff, finally here: This year’s high school graduating class is expected to be smaller than last year’s, and the next will be smaller still. Already, about 60 colleges are closing on average each year. That number could soon be considerably bigger.”
Very little in higher education is sustainable. Athletics is in large part marketing to attract new students and to keep alums engaged. Perhaps not wisely, but often in tough times marketing gets cut.
“And there’s the demographic cliff, finally here: This year’s high school graduating class is expected to be smaller than last year’s, and the next will be smaller still. Already, about 60 colleges are closing on average each year. That number could soon be considerably bigger.”
Very little in higher education is sustainable. Athletics is in large part marketing to attract new students and to keep alums engaged. Perhaps not wisely, but often in tough times marketing gets cut.
It's sustainable for some but not for all. And some schools that it can be sustainable for will sabotage themselves with recklessness. A salary cap would help tremendously in that it would save those schools from their recklessness and allow more... responsible schools to compete in the short term by removing reckless spending as the meta to complete for championships.
Much like in pro sports, it'll never be an even playing field - you'll have your teams with billionaire owners (or in this case donors) to whom money is no object that will pay whatever it takes to win, and on the other hand you'll have your "small market" teams whose sales determine how much they can spend on the roster.
As for SHU, it won't be easy at all but our best chance at sustainability comes from the Prudential Center having enough capacity to make the math work, should we be able to sell it (obviously the hard part).
Much like in pro sports, it'll never be an even playing field - you'll have your teams with billionaire owners (or in this case donors) to whom money is no object that will pay whatever it takes to win, and on the other hand you'll have your "small market" teams whose sales determine how much they can spend on the roster.
As for SHU, it won't be easy at all but our best chance at sustainability comes from the Prudential Center having enough capacity to make the math work, should we be able to sell it (obviously the hard part).
Seton 75 and Nick Lowe asking the same questions!
I am not sure of numbers nationally, but in recent years in NJ, Bloomfield college and now New Jersey City University have closed as standalone schools and been merged into larger universities due to financial difficulties. And others in NJ are in trouble, most notably Rider.
Last edited:
"I happen to think peace, love and understanding are hilarious..."
Elvis Costello said that....
lol
People don‘t realize that Nick wrote it and recorded it first
Yeah, found it under a rockpile. I loved that song for years before i found elvis didbt write it.
And the author probably wrote it sarcastically. And it is still a favorite song of mine, words and music.
That’s probably one of the reasons why they’re in financial trouble. Don’t have enough financial support and they are running at a deficit as well. What I found with nonprofits is that they lack vision and will only do something when they are forced to and have no other options.
True...am a Nick Lowe fan, have seen him probably 3 or 4 times in last few years...always a good show.
Was that with Rockpile? That I don't remember...
Not to get too off topic, but I'd also wonder if, being Diocesan owned, our merger options would realistically have to be limited to campuses that lie physically within the diocese of Newark's jurisdiction. Drew, for example, would lie in the diocese of Patterson's territory. Not saying I know this would be an issue, just kind of wondering out loud.
Only a matter of time before the faculties, research centers, non athletic admins., & students outside of the SEC start to push back due to the rapidly growing disparity being spent on athletics. Quite honestly, I'm surprised it hasn't happened already at schools like UNC & Michigan where a backup point guard is making more than a world renowned scientist.
I do not. Good one that I was not aware of. I will read into them a little now though…