Fantasy Sports said:
Im calling BS on this. Football only pays for itself if you are a dominant football school and your other sports are mediocre. Most schools barely break even or lose money on football. Think about it. With the number of players and coaches and equipment, as well as the need for a large stadium and massive facilities, running a football team is expensive.
You can call BS if you want, but what I said still remains true. The big conferences are not the only players in this game who make the $$$. Most of the mid-majors, as well as many Division II schools all see black because of their football programs. For most programs, the television rights make up a small percentage of their revenue. Usually the largest benefits of these contracts go to the marquee schools in the conference (think USC, OSU, Oklahoma, Tennesee, UF, Miami, etc...) For the "regular" schools, the revenues are generated by attendance, merchandising, and liscensing. Atheltic scholarships come from an entirely different account than the general scholarship funds, so there is no zero-sum going on here with regards to other students.
The coaching staff's salaries have nothing to do with that of the adjunct/tenured faculty. Once again, these accounts are completely seperate, so you are not taking from one to pay another. Football programs do run in the red to pay for certain things (especially new programs), but more often than not they recoup these costs from future revenues. Running a football/basketball program is very expensive, but the amount of money in college sports is unbelievable. If schools weren't making money hand over fist, they wouldn't pump resources into athletics. There are several great books on this topic, including "The Game of Life: College Sports and Educational Values" and "Beer and Circus; How Big Time Sports is Crippling Undergraduate Education in America." These books really opened my eyes to both sides of college sports influence on our educations.
You can't really debate the importance of football in the collegiate academic landcape. Having quality programs has "made" many of the top academic institutions in this country. A large degree of the academic success many universities have obtained (Princeton, Stanford, Harvard, Yale, Notre Dame, USC, UF, Miami) has been made possible, to a large extent, becuase of the national spotlight shining on these schools excellent (or once-excellent) football programs. You don't have to like football, or any athletics for that matter. However, it is silly to underestimate the importance this one little sport has had on the American collegiate landscape.