Up, Up and Away
The NCAA just released its annual report of athletic department spending and revenues. Only 14 D-1 programs turned a profit in 2008-09. Unfortunately, the report doesn't name the programs, but rest assured we are one of the 14. They paint a pretty bleak picture for the rest of college athletics, though.
It's nice to know that we don't have to worry about being able to fund athletics here at the Capstone. I wonder, though, what the future holds for the rest of college football, if the economy continues to struggle and more programs continue to operate in the red. We're currently on the forefront as far as facilities, academic support, etc. (all of which have an impact on recruiting). If other programs continue to falter financially, they won't be able to keep up in the arms race of facilities and recruiting...which sounds like a long-term advantage for us.