CaribouJim
11-24-2015, 05:31 PM
http://www.washingtonpost.com/sf/sports/wp/2015/11/23/running-up-the-bills/
Of course the focus on the Power 5 due in part to being comprised primarily of public schools so private schools are excluded along with a handful of public schools - very long article with lots fancy bar charts, tables, bar graphs and the like - compares 2004 (adjusted for inflation) to 2014. Good read.
Here are just a couple of paragraphs:
The frantic spending race is playing out differently across the country. Higher coaches salaries, while common, are just part of an array of expenses soaring at athletic departments that fail to profit.
At the University of California Berkeley, the mortgage on athletics buildings went from $0 to $23.4 million in a decade. At the University of Wisconsin, annual maintenance and spending on facilities went from $10.5 million to $38.2 million. At Florida State, pay for athletics staffers — not including coaches — went from $7.7 million to $15.7 million. At other schools, rising costs for travel, severance pay, recruiting and other items combine to keep athletics in the red.
Of course the focus on the Power 5 due in part to being comprised primarily of public schools so private schools are excluded along with a handful of public schools - very long article with lots fancy bar charts, tables, bar graphs and the like - compares 2004 (adjusted for inflation) to 2014. Good read.
Here are just a couple of paragraphs:
The frantic spending race is playing out differently across the country. Higher coaches salaries, while common, are just part of an array of expenses soaring at athletic departments that fail to profit.
At the University of California Berkeley, the mortgage on athletics buildings went from $0 to $23.4 million in a decade. At the University of Wisconsin, annual maintenance and spending on facilities went from $10.5 million to $38.2 million. At Florida State, pay for athletics staffers — not including coaches — went from $7.7 million to $15.7 million. At other schools, rising costs for travel, severance pay, recruiting and other items combine to keep athletics in the red.