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Post by arfanho7 on Feb 22, 2024 3:13:56 GMT -5
The findings were jaw dropping—winning just one more football game in a season for example could bump revenues by as much as million for a high powered program like Alabama or Michigan. “AS A SCHOLAR AND AN ENTHUSIASTIC FAN I’M PROVIDING CONTENT THAT POLICYMAKERS WOULD NEED TO PROCEED IN TALKING ABOUT. THIS ISSUE” Chung details the correlation between wins on the field and wins for a school’s piggy bank in his paper How Much Is a Win Worth An forthcoming in Management Science. “Some of the top schools make enormous amounts of money—just extraordinary close to million ” says Chung. “That’s a very big America Cell Phone Number List amount of money and we’re talking about academic institutions of higher education.” Even though the National Collegiate Athletic Association NCAA stresses the amateur nature of intercollegiate sports college programs have grown into a multibillion dollar industry. Chung focused on the two most dominant sports football and basketball culling a US Department of Education database for individual schools’ reported revenue by sport which provided through econometric modeling a causal link between athletic success and revenue. A Multimillion Dollar Industry In the academic year alone each of the top schools raked in more than million in revenue from their athletics programs. A total of schools made more than million.
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