Blazeramo
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Posts: 576
Joined: Aug 2007
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I Root For: UAB
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RE: would we be first div 1 self imposed death penalty?
(11-08-2014 01:04 AM)GreenMississippi Wrote: (11-08-2014 12:17 AM)Blazeramo Wrote: (11-08-2014 12:01 AM)the Dragon Wrote: (11-07-2014 11:32 PM)WesternBlazer Wrote: Indiana State is seriously considering it after this year. I think Boston University quit football a couple of years ago. To my knowledge giving up football has not enhanced others sports at the university...
I know a guy who went to Boston U. He said giving up football killed their university donor program.
That would happen here too.
Might want to check endowments of U.S. universities. They are 82 with endowments of more than 1 billion dollars (although some are systems UF, UTex, UMizzou, etc). One of the stand-alone universities in the list is Boston U. with an endowment of 1.3 billion (and it has increased from 2004--first year of the chart). Not saying some didn't stop giving--but it doesn't seem to have hurt them in any substantial way.
Boston U is a 175 year old private school. That is nowhere close to an analog for UAB.
BU's endowment has gone up about 80% since 2005--despite the loss of football. Football had also been at BU much longer--but losing it didn't hurt their endowment. Football has a much briefer history at UAB and losing it probably won't effect our endowment much either. There may be a brief period of pouting and refusal to give--but I suspect football or the lack thereof will not have much impact on the big givers. Hopefully football is here to stay.
(This post was last modified: 11-08-2014 04:16 AM by Blazeramo.)
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11-08-2014 04:15 AM |
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