Holy ****. Take an accounting class, or better yet learn to read.
First of all, this is written by Kevin Trahan. Here is his original article about it
http://thecomeback.com/ncaa/usa-tod...ue.html?utm_source=dlvr.it&utm_medium=twitter
College athletic departments like to pretend they’re broke by focusing on “profits,” even though profit is a wholly irresponsible way to judge their financial health. That’s because they’re “non-profits”—they’re incentivized to spend as much money as they bring in, because if they don’t, there will be pressure to either return the money to the university to pay for academics or to pay the labor that’s generating all this money.
When Pollard funded the SEZ project, they finance that. The debt is then paid down by the doners, and the depreciation is taken by the AD department. ISU is doing the same things.
How in the F*** do you think Pollard is doing all the facility upgrades that he has done off the paltry “profit” that the books shows the ISU AD department makes?
Don’t be a complete and total idiot. If you wanna troll, do like
@CyTwins does and say “My premium ticket cost more than Hawkeye premium tickets”. The simple fact is Iowa football makes more than double in ticket sales 24 million vs 10.5 millio than ISU. That is because ISU sells it’s product so incredibly cheap and still sells 12-15K less tickets per game.