A John Davis Company

 
 
 

College football $

 

CNNMoney had a provocative article today about the haves and have nots in college football, based on financial results. A few highlights:


  1. • most successful financial results: University of Texas-UT led all colleges and universities with $87 million in revenues and $65 million in profits generated from their football program

  2. • #2 in revenue was Ohio State with $68 million

  3. • #2 in profits was University of Georgia with $45 million in profits

  4. • Alabama’s $65 million in revenue ranked it 5th, while its $38 million in profits ranked it 8th


The most interesting point of the article is the last paragraph, where author Chris Isidore says that while there is clamor from fans, government, and even President Obama to scrap the BCS (Bowl Championship Series) in favor of a national playoff, the money pouring into the 6 BCS conferences is huge, so little incentive exists to change the system. This seems to be a clear case where a flawed market has distorted sport--in effect, the purity of competition has taken a back seat to pure financial gain. 

Monday, January 4, 2010

 
 

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