The error in calculating profit-loss on big sports is that the general alumni fundraising is also dependent on successful and football and basketball records, so that's another revenue stream that isn't being included, not depending on how I write my thesis quickly
- sport is where you should be quick. And student recruiting is also driven by the success of those teams. OTOH, how much are schools cutting into spending on academic programs to fund the sports? Another case of watching a dysfunctional system that everyone is too panicked and frozen to fix.