Tuesday, August 24, 2010

Exposed again....how long will it take before they stop the false claims?



Yet another study by an independent guy who did his research and came up with this...

In the 2009-2010, only 14 football programs in the nation made money...
and when you add the costs of those schools' other programs like volleyball, swimming, etc...they still virtually ALL lost money..
HE ALSO SHOWED THAT ONLY A HANDFUL OF BASKETBALL PROGRAMS AVOIDED LOSING MONEY..
http://www.startribune.com/sports/101351649.html?elr=KArksi8cyaiUo8cyaiUiD3aPc:_Yyc:aUU
http://www.nytimes.com/2010/08/24/sports/24sportsbriefs-colleges.html


BTW the author, Dan Fulks, has been one of the only honest voices in pointing out that all those athletic departments claiming to be "self-sufficient" are lying...
Whenever you see a claim of "self-sufficiency" or a claim that they "don't use taxpayer revenue"...odd are 99-1 that they are flat-out lying..

"Football and men's basketball are the only two sports you have any chance of making money,"
he said. "If you start splitting that up between 30 or 40 sports, you start losing money."
"..the median amount paid by the 120 FBS schools to support campus athletics grew in one year
from about $8 million to more than $10 million"
"(other than the few BCS schools that made money)...the remaining 302 schools competing in Division I
struggled to break even."

http://money.cnn.com/2006/11/10/commentary/sportsbiz/index.htm
http://abclocal.go.com/wtvg/story?section=news/sports/college/basketball/womens&sa=NCW&eid=5490686
http://seattletimes.nwsource.com/html/collegesports/2010103078_ncaa21.html



Here's one example that went almost unreported....Texas A&M pumped $16 MILLION of GENERAL UNIVERSITY FUNDS
into their athletic department ...
"That included money to pay for coaches’ salaries and new facilities...etc"
This funnelling of general state university funds .."had not been previously disclosed in the media,
but was revealed ...through an open records request."
“The athletics department has been operating in a deficit situation for several years,” Murano wrote, adding that no effort to improve that department’s finances.."
has yet to be planned - so likely this money will never be paid back to the state's taxpayers!!
http://www.theeagle.com/local/A-amp-amp-M-lent-athletics--16-million-

So in this example -- the university, Texas A&M, wes taking general university money to make up the multimillion dollar deficits in their athletic departments and help pay coahes, recruiting expenses, etc., then hiding that fact, and even lying about it...and knowing all along that there's never been a plan to pay it back, even thought it was dishonestly drawn up and "a loan"!!
In the end, is there anyone who seriously doubts that it'll never be paid back -- since when does the government in this setting ever pay back money that wasn't theirs to begin with??



This topic comes up often as we seem to always see people bragging or claiming their athletic department is self-sufficient or that their sports programs don't create a drain on taxpayers...
but I can assure you that if you actually look at the facts instead of just their self-serving spin, then you will see different.
THEY ALL LOSE money!!!
Here is further discussion...and proof...
http://bradleyfans.com/vb/showthread.php?t=15677
http://bradleyfans.com/vb/showthread.php?t=15815
http://bradleyfans.com/vb/showthread.php?t=15743
http://bradleyfans.com/vb/showthread.php?t=11994
http://bradleyfans.com/vb/showthread.php?t=13331


Here we have an example -- some guy gets an alumi magazine that says...
"Illinois State does not receive state dollars to operate its Intercollegiate Department of Athletics, unlike other Illinois public universities"
http://www.redbirdfan.net/forum/viewtopic.php?f=6&t=113
http://blogs.ilstu.edu/alumni-magazine/2010/08/10/private-dollars-critical-to-redbird-athletics%E2%80%99-budget/


But note that despite those claims...first just notice that it does NOT come from anyone official at the university...but even if it did, it is still FALSE and simply amounts to lies and spin...
But -- in this case it comes from a guy who writes an alumni blog...and his main purpose is that he's trying to raise funds for the ISU athletics department -- he's basically panhandling to get dollars to support their financially failing sports programs that are sure to lose some of their state sources in this bad economy, and he knows if he's honest and tells people they are already supporting ISU sports with their hard earned salaries via taxes that get funneled in that direction...well, he knows they'd be less enthralled to give even MORE out of their hard-earned money...so he adds the same spin you see all the time!!

It's basically a dishonest sales pitch...and obviously from the comments I have seen by some of the fans, there's a whole lot of gullible people who fall hook, line, and sinker and parrot this line themseleves.
Well, as proven definitively, this is a total fairy tale...just read the facts as done by those in the know and by those who have no self-serving reason to lie like these guys do...read those columns above by Dan Fulks, who has done his research honestly.

In the end, I guess people will believe what they choose to believe - even if it's been shown to be horribly false and deceitful.
The private schools clearly can't dip into the public till, but the public schools that all do are competing unfairly and robbing the taxpayer!
It makes the job done by schools like Creighton, Bradley, Notre Dame, and Duke even more impressive that they don't unfairly have access to picking the taxpayer's pocket.
But at least - now, someone is printing the truth -- so read and believe but if you have even one functioning Betz cell, then you can't help but agree those claims of financial self-sufficiency and no tax dollars being used are LIES at all but, MAYBE, about a dozen of the top football BCS schools.



Lastly, the single biggest reason for the huge financial drains and costs to taxpayers is TITLE IX...
http://www.nwcaonline.com/nwcawebsite/news/09-07-17/Title_IX_puts_schools_in_conundrum.aspx
http://www.dailyemerald.com/2.2357/the-business-of-breaking-even-1.189520

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