Uffda wrote:I didnt watch the video but read the article... I wonder how long Trev will stay around.... my guess his days are numbered
Try as I may, I cannot follow the article:
"Forgetting about the revenue provided by athletes such as Dennis is just one of the economic oversights, said Schwarz, an antitrust economist and partner at OSKR, a firm in Emeryville, Calif., that specializes in economic analysis and expert witness testimony. Schwarz has conducted several studies of college sports finances and accounting."
This is followed with:
"Where Alberts seems to be making his argument is by not counting the $1.2 million that the football program receives from student fees and direct funds from the university, according to the NCAA report."
Then, 4 or 5 paragraphs later, it states:
"In its own accounting, the NCAA will subtract student fees and university funds, along with other government support, to determine whether programs can generate enough revenue on their own to cover their expenses, which is rare even among Division I schools."
Finally, it states:
"UNO had 36 football scholarships divided among 77 of the 121 football players from this past season, and players such as Davis were paying the more expensive out-of-state tuition. The university counts the cost of athletic scholarships as an expense against the football department, but it doesn't count the tuition that student-athletes pay as revenue. If it did, Schwarz said the football program could count at least an additional $700,000 in revenue, and for wrestling it would be at least $200,000."
Now, the more I think about this, the less sense it makes. Â Are they saying 100% of the education cost is included in the expenses of the athletic department? Â It sounds like they are not, as they make it a point to list the number of scholarship players. Â If they are not, then I fail to see how tuition and fees should be included. Â A university is essentially a not-for-profit entity. Â In short, the expenses for a student are relatively close to the revenues. Â Thus, to include the tuition and NOT the expenses is not accurate. Â Finally, I find it odd that the NCAA does the accounting the wrong way, per the individual cited.
All in all, a VERY poorly written article that really explains NOTHING. Â Until something a little better written comes out, I fail to see fallout except from those whose mind was made up before the article.
Last of all, I find it odd that two of the most vocal people I have hear blast Alberts are 2 of biggest D bags I have met. Â I called about unprofessional behavior I witnessed from a Deeb Realtor and tried to be nice and call their office to let them know. Â I got a call back from Van Deeb himself who proceeded to rip into me. Â I calmly explained to him that I was only trying to do them a favor and I would be more than happy to take my experience to other parties. Â He suddenly calmed down, but was still a dlck.