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I took it from the story that this project will add an additional location, for select days and times, while the existing student center location remains open as it is now.
Marshall School of Medicine Neurology residency program has been approved by ACGME. Fantastic news for the community and illustrates the successful expansion of the medical school.
"$13,762,424 was subsidized monies given from the university."
Yikes! Also, isn't TV revenue supposed to be down a considerable amount next year under the new C-USA contract?
Of that 13.762 million, only $5,080,886 came from student fees (unlike what the article says) and $8,681,538 came from the schools operating budget itself (not student fees like the article says), so in fact MU lost over 7 million dollars last year. There is another 2 plus million listed as other so who knows where that money came from.
Scroll down to #96 and click on MU, it lists the numbers.
Kind of like when schools get $200 million in tax payer money a year and act like they make a profit. Universities are all good at fuzzy math. Smaller programs haven't had the years of taxpayer subsidies and TV contracts that larger programs have. As you pointed out, it's likely to get worse for the have nots in the coming years.
Kind of like when schools get $200 million in tax payer money a year and act like they make a profit. Universities are all good at fuzzy math. Smaller programs haven't had the years of taxpayer subsidies and TV contracts that larger programs have. As you pointed out, it's likely to get worse for the have nots in the coming years.
Looking at that list and looking at the per year changes, there is definitely going to be an ever increasing rift between power 5 and not power 5. I wonder how much longer that will be stable for (and what the end results will be) and even in the power 5 itself you can see there is a bottom tier of teams, ACC has a couple, BIG 10 has a couple, SEC has a couple, PAC 10 has a fair amount and the BIG 12 has two (one of the Kansas schools and Iowa State).
I'd be surprised in the coming years if there aren't 2 leagues of 12 teams encompassing the top 24 teams money wise. They only really look at the top 25 anyway and you have to have an even number. Why give money to those bottom tier teams when you can keep it for yourself? This would then allow the champs of each league to play for a true national championship and completely block the non power 5 from having a chance at it. Think of the money those TV contracts would bring too.
I'd be surprised in the coming years if there aren't 2 leagues of 12 teams encompassing the top 24 teams money wise. They only really look at the top 25 anyway and you have to have an even number. Why give money to those bottom tier teams when you can keep it for yourself? This would then allow the champs of each league to play for a true national championship and completely block the non power 5 from having a chance at it. Think of the money those TV contracts would bring too.
I could see a 32 or 64 team system, modeled after the NFL system. That would bring in crazy money. But yes eventually the “non Power 5” will be cut off from the “Power 5” teams. Honestly when that happens, it might be a good thing for them because they can then do their own national championship.
I could see a 32 or 64 team system, modeled after the NFL system. That would bring in crazy money. But yes eventually the “non Power 5” will be cut off from the “Power 5” teams. Honestly when that happens, it might be a good thing for them because they can then do their own national championship.
That's what is going to happen... 64 teams divided into 4 sections. There are a handful of quasi Power 5 programs that might make the cut ... Boise, ECU, Central Florida, South Florida, UConn. The rest of the Group of 5 will eventually form a totally different level similar to AA. They simply can not afford to compete.
WVU has for several decades essentially been self supporting, and has not taken money from the school's general operating budget. It is a separate unit at The University financially. In fact, this past fiscal year's athletic income has moved it close to the Top 25 in the country income wise at more than $105 million for the year, and that looks to rise by at least $3 million this fiscal year due to the league football championship game. The program turned a $20 million actual profit in spite of spending millions on improvements to Puskar Stadium and The Coliseum.
Taking millions from operating budgets during a time when state appropriations (which are primarily supposed to be used to subsidize state residents' tuition expenses) are being reduced, and using the money to prop up athletics participation is harmful to a school's students and to state residents in general. That is being reflected in the major increases in tuition that we see taking place.
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