4X- Interesting point. I hadn't looked at it quite that way before.
Penske Girl- Your not clueless or anything like it. I understand totally what your saying. My point was the life isn't always fair. Entertainment is where the money is
As far as your tuition question. Sure you could subtract that from the game income. At Minnesota, we don't have the greatest fan base, about an average of 45,000 a game. The average ticket price is about $20 a game. Maybe a little low, but a nice real even number. Thats $900,000 just for the tickets. Minnesota doesn't get the parking money here, but the majority of schools do. We're in a bad situation here. At any rate figure the average car has what 3 people? So 15,000 cars at 10 a pop is another $150,000. If its 2 per car its $225,000. Either way we're over a million already for this one game. We still have to figure in concessions, which most schools get atleast a part of. And maybe the biggest factor of all: Television. Now television is hard to figure out. The TV contracts are made with the conferences the school is in, and from there the money is divided between the schools. Its safe to say this game creates between 1.5 and 2 million dollars for the University of Minnesota. Also the University gets advertising on the station carrying the games. Something else to add in to the total.
Now think of Tennessee where they draw around 105,000 a game. I'm not familiar with ticket prices, I'm sure since there's such a demand they charge more. But in this example if they charge 20 a ticket, the ticket income would be $2,100,000 thats right over 2 MILLION a game injust ticket prices. Parking, again lets use 3 people per car at $10 a car. Again I think this is low. That another $350,000 just for parking. Add in television and concessions and Tennessee would be over 3 MILLION a game. Remember to take these
figures and multiply them by 6 or 7 for a seasons total.
Minnesota 1.5 Mill * 7 home games this season=10,500,000
Tennessee per example 3mil * 7 home games=21,000,000
Now scholarship limits are set at 85 players on divsion 1 football. Take your tuiton times 85 to get the toal for the scholarships. That amount should be less than one games revenue. That still gives your team 6 home games of profit without these kids scholarships. Sure there are other obvious costs, but hopefully my little example shows just how much money is brought in by just football. Basketball and hockey here in Minnesota also make money. Figure around 12,000 to 15,000 people times 15 to 20 home dates. add concessions, TV, and parking and again they generate alot of cash.
You could try and find a way to have these kids pay back their scholarships. But I think they've done their part helping raise 10 million a season.
Just another way to look at things