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Re:Evaluating State and Local Business Tax Incentives [pdf] by StillBored on Sunday January 12, 2020 @01:47PM (#22028226)
Was going to say something similar, but I guess in the early 2000's the articles were basically saying that all but a few of the top schools were losing money hand over fist on their athletic programs. Basically most of the sports don't pay for themselves, and if your a small school unable to make bank on TV/ticket/merchandising/etc deals for the football/basketball team its a giant amount of red ink to build those stadiums and pay for the exorbitant coaching, and support staff, equipment, etc.

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