Wednesday, November 9, 2011

11/9/11

      This article is all about the money spent at Ohio State University. It basically says that even though they are putting out SO much money, they are also taking in quite a bit too. Ohio State Universities budget is the biggest in College sports, not just now but in history. The school receives so much money. They have 36 varsity teams. For each team game they have concessions, parking, tickets, and souvenir stores. So, for all of the 36 teams, in each game they earn the money for all of that. The UF football  team(who beat OSU) made about 34 million dollars alone last year. The schools are using this money to fund everything else. They fund tutors, they used it to make a athlete only lounge, they use it to pay bills too, etc. They even spent over $700,00 on a utility bill last year. It's important to have a strong football team because you want power, you will get more money, you'll get more fans, and everything else. I think that the way that OSU does things balances out well. I think their plans and organization of their sports is well. OSU gains a lot of money but they put out alot too. While doing this, they use the money to build their team up, which i think is very important.

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