Friday, December 3, 2010
Winning Can Be Costly
According to Business Insider, Nevada lost nearly 1 million by beating Boise State last Friday. By Nevada knocking Boise State out of a BCS game, they cost the conference approximately $10 million in prize money, of which somewhere just south of $1 million would have gone to Nevada. While $900,000 is pocket change to Nevada, a school with a $185 million endowment, there are smaller schools than Nevada in the FBS that generate less revenue. This begs the question of whether at some point a school will "throw" a game for a larger financial gain. Consider BCS revenues are on the rise and donations to universities are on the decline. This type of situation will be something to keep an eye out for in the coming years.
Labels:
Boise State,
Nevada
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