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by dragonwriter
2460 days ago
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> The football programs are mostly non-profits, same with the NCAA. So no, profit, at least for the major programs, is not a concern. Non-profit doesn't mean “doesn’t earn profits” or “doesn’t prioritize profit”, but “doesn’t return profits to investors”. |
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I can't find the original HBO Real Sports link, but they go into depth about the Non-profit status and the way the funding is spent. It is a real eye opener and made me rethink how the argument that profit/revenue should be considered when dealing with the larger organizations.
Below are references, but not only highlights.
https://www.hbo.com/documentaries/student-athlete
https://www.youtube.com/watch?v=NK5BmWP1y98