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Re:Carnegie Mellon, University of Pittsburgh end use of lega... by kelipso on Wednesday July 19, 2023 @02:03PM (#36790619)
Universities shouldn't have side businesses, don't they have some non-profit status that's specific to education? They should be heavily restricted to education and research alone.
Re:Carnegie Mellon, University of Pittsburgh end use of lega... by philwelch on Wednesday July 19, 2023 @02:20PM (#36790898)
I’m not a huge fan of the NCAA system myself. A lot of universities don’t have major sports programs, and that’s a respectable choice on their part. But NCAA sports are tremendously profitable for the universities that invest in them. No Division I school would actually save money, in the long run, by defunding their football and basketball teams.

And when it comes to side businesses, sports pale in comparison to endowments.

Re:Carnegie Mellon, University of Pittsburgh end use of lega... by Given_47 on Wednesday July 19, 2023 @02:30PM (#36791065)
Yea same I’m a big hoop nerd but the mainstream collegiate sports especially basketball make my eyes bleed. Literally infuriating to watch idk how people do.

But something like Duke Basketball has been tremendously beneficial to Duke–in terms of brand awareness. Same with UT Austin and their football brand ($7mm on new locker room is insanity tho).

Re:Carnegie Mellon, University of Pittsburgh end use of lega... by selimthegrim on Wednesday July 19, 2023 @02:38PM (#36791187)
>No Division I school would actually save money, in the long run, by defunding their football and basketball teams.

Tulane might be a counterexample to this especially since the 80s (although not lately)

Re:Carnegie Mellon, University of Pittsburgh end use of lega... by kelipso on Wednesday July 19, 2023 @02:50PM (#36791371)
Who cares about making money or not, plenty of ways to make money, but that's not the purpose of a non-profit organization dedicated to education.
Re:Carnegie Mellon, University of Pittsburgh end use of lega... by chaostheory on Wednesday July 19, 2023 @03:14PM (#36791703)
Less revenue for the school means higher tuition costs for everyone and less scholarships.
Re:Carnegie Mellon, University of Pittsburgh end use of lega... by kelipso on Wednesday July 19, 2023 @06:18PM (#36794265)
No, more revenue means that revenue goes to paying for non educational stuff, admin bloat, etc.