Afurmanfan wrote: ↑Mon Jul 31, 2023 8:17 am
And i hope the admin realizes the revenue these young men are generating for the whole school. And there is a high probability that they would not be here if not for the chance to walk on and play football. No other sport comes close to generating that kind of tuition revenue for the school.
40 players times $70k = a whole lot of cash.
That’s $2.8 million and one COULD say… well 63 x 70k = $4.4 million, so we’re $1.6 million ‘in the hole’…
…BUT…
FUBeAR thinks the math actually looks a little different than that…
129 humans attending minus 63 Football Scholarships (doesn’t matter how they are split - 129 humans are, in some way, charged the $69,880). So…
129 x $69,880 = $9,014,520 … less …
63 x $69,880 = $4,402,440 … equals
$4,612,080 …
…so charges to humans attending Furman AND playing Football exceed the ‘cost’ of Football Scholarships - ‘given-away charges’ perhaps - by $209,640.
So…besides all of the intrinsic benefits accruing to Furman from having a nationally-ranked Football Team, BEFORE the Revenue less Expenses (not including scholarships) calculations are ciphered, Furman Football should be credited with that $210k.
FUBeAR understands, with discounts / alternative funding / credits / et cetera / ad infinitum that there are many different ways to look at the whole Accounting associated with College Athletics / Scholarships, but this is certainly ONE way.