BlazerHam
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VICE SPORTS : HERE'S HOW THE NCAA'S BLACK MAGIC ACCOUNTING TURNS PROFIT INTO LOSS
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04-23-2015 04:30 PM |
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BlazrDawg
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RE: VICE SPORTS : HERE'S HOW THE NCAA'S BLACK MAGIC ACCOUNTING TURNS PROFIT INTO LOSS
Educational and comprehensible.
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04-23-2015 05:22 PM |
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CajunBlazer
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RE: VICE SPORTS : HERE'S HOW THE NCAA'S BLACK MAGIC ACCOUNTING TURNS PROFIT INTO LOSS
(04-23-2015 05:22 PM)BlazrDawg Wrote: Educational and comprehensible.
You're absolutely right. But Watts' won't buy it.
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04-23-2015 05:29 PM |
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WesternBlazer
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RE: VICE SPORTS : HERE'S HOW THE NCAA'S BLACK MAGIC ACCOUNTING TURNS PROFIT INTO LOSS
Expect ADs to come out against this because of the potential loss of contributions when its determined that schools don't really need it and that it(donation) is just extra money for the athletic department...
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04-23-2015 06:16 PM |
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BAMANBLAZERFAN
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RE: VICE SPORTS : HERE'S HOW THE NCAA'S BLACK MAGIC ACCOUNTING TURNS PROFIT INTO LOSS
(04-23-2015 06:16 PM)WesternBlazer Wrote: Expect ADs to come out against this because of the potential loss of contributions when its determined that schools don't really need it and that it(donation) is just extra money for the athletic department...
I believe people usually make charitable donations to athletic programs - especially the high profile ones - for tax purposes as well as being able to brag about "their team" and players all year. Whether the school's Athletic Department NEEDS the money in those cases is not the primary impetus to contribution but personal ego enhancement. After all, Bama gets about $151 million per year and AU gets about $113 million per year. Relatively, only pocket change ever goes to either school's academic side.
Logan Young was one of my favorite examples of this in that he could have given money to his alma mater - Vanderbilt - but got more return gratification by giving support to Bama.
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04-23-2015 11:51 PM |
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CajunBlazer
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RE: VICE SPORTS : HERE'S HOW THE NCAA'S BLACK MAGIC ACCOUNTING TURNS PROFIT INTO LOSS
(04-23-2015 11:51 PM)BAMANBLAZERFAN Wrote: (04-23-2015 06:16 PM)WesternBlazer Wrote: Expect ADs to come out against this because of the potential loss of contributions when its determined that schools don't really need it and that it(donation) is just extra money for the athletic department...
I believe people usually make charitable donations to athletic programs - especially the high profile ones - for tax purposes as well as being able to brag about "their team" and players all year. Whether the school's Athletic Department NEEDS the money in those cases is not the primary impetus to contribution but personal ego enhancement. After all, Bama gets about $151 million per year and AU gets about $113 million per year. Relatively, only pocket change ever goes to either school's academic side.
Logan Young was one of my favorite examples of this in that he could have given money to his alma mater - Vanderbilt - but got more return gratification by giving support to Bama.
I would agree that what you say is true about the big boosters of high viability programs like Alabama and Auburn making contributions for the prestige. Other smaller boosters of of such programs are mostly giving not for prestige, but for the perks, i.e. better seats at games. Usually the tax benefits are a secondary consideration for both groups reducing the costs of their donations so perhaps boosters can contribute more gaining more prestige or perks.
Where your logic breaks down is with the boosters of less high profile programs like UAB football team. There is not a lot prestige associated with being associated with team with an historical losing record. As for perks, at just about any game at Legion Field I can sit near the 50 yard line even if I entered the stadium with a general admission ticket. Those who make contributions to such programs are doing so because the love the programs.
The same can be said of people who attend every game in any weather regardless of their teams record or who they are playing. Those people are there to support their team, not for what they can gain for themselves. That's why I consider our fans a purer breed.
(This post was last modified: 04-24-2015 08:47 AM by CajunBlazer.)
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04-24-2015 08:44 AM |
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