Really? Then why do they charge students athletic fees? Why do stadiums and athletic centers receive government grants and subsidies?
Here is a huge list of donations from various groups to an athletic endowment at the University of Alabama. Much of this money could have and would have been donated to schools directly for research and academic purposes instead the athletic foundations.
Alabama is one of the most successful Division 1 football programs in the nation. If these programs are so profitable, why do they need so much money for these endowments? And why all the money from governments and grants? Doesn’t add up.
> Here is a huge list of donations from various groups to an athletic endowment at the University of Alabama. Much of this money could have and would have been donated to schools directly for research and academic purposes instead the athletic foundations.
Because donations are made for tax purposes and virtue signaling … someone is going to get this money. Many of the donors are alumni and will donate money to the school. It was already targeted to the university athletic departments. It’s not a big stretch for it to be donated to another university department that has a direct academic role.
One of the options is “the donors kids” here. Donating money never leads to more savings than it costs, people donate because they support what they’re donating too. Sports boosters care about sports, not academics.
