Matt Baker
π€ SpeakerAppearances Over Time
Podcast Appearances
Eventually, maybe something will happen and they really do try to balance the budget and make things work like you and I do with our with our checkbooks at home.
The more schools make, the more they are going to spend, the cost for everything will go up until there is some sort of actual enforceable cap or ceiling or until programs start going bankrupt.
I think those are probably the two options here.
The bankruptcy option is not a good one that anyone wants to go down.
And the cap, as we've seen, is really, really hard, if not impossible, to enforce under the current system.
Kansas' athletic budget, I've just pulled up their financial reports, about $140 million, $143 is what they brought in in the last year, spent $148.
There's some nuance to those numbers, so take that for a grain of salt.
But yeah, a lot of it is the donation part.
There's also the student fee part.
Again, I don't think Kansas does that, but a lot of programs do.
And institutional support where the university cuts them a check for X, Y, and Z. Those are other kind of buckets in here.
And that gets really complicated when you're talking about a state school and you're talking about, like we mentioned earlier, my nine-year-old, his college fund someday and your kid's college fund.
Those types of things get really complicated and tricky because everybody...
I think everybody would recognize that college sports have a role in the college experience.
The question is, with the expenses to universities as a whole being so high, how much should I be subsidizing the soccer coach's salary or the softball team's expenses or the most
Notably, the football team's budget and their army of 15 analysts and the $3 million quarterback and what have you, right?
Like, it's complicated, very complex stuff where reasonable people can disagree.
But the fact is, the spending...