Colleges often justify the hefty costs and baggage of a big-time football program by highlighting the branding boost that comes with a competitive team. What most of these nonprofit institutions fail to mention is just how profitable the pigskin can be. Football generated roughly $4.64 billion in operating profits for U.S. colleges last year, according to an analysis by The Business Journals of financial data submitted by some 885 institutions with school-sponsored teams. Those numbers equate to…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2018/10/15/what-duke-nc-state-and-unc-can-learn-from-notre.html?ana=RSS&s=article_search
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