They've been using the bankrupt panic thing for a bazillion years to
aid in fundraising. It's just not true. Since 1960, revenues and expenses have risen at almost identical rates. The reason is athletic departments have incentive to show little to no surplus. Showing a big surplus actually hurts fundraising.
|
(
In response to this post by fordham)
Link: $$$
Posted: 10/31/2019 at 3:28PM