Nothing but Net Loss: The Economics of College Sports
Top of Mind with Julie Rose - Radio Archive, Episode 927 , Segment 3
Episode: Conviction Integrity, Wayback Machine, Economics of College Sports
- Oct 23, 2018 11:00 pm
- 12:52 mins
Guest: Andrew Zimbalist, Professor of Economics, Smith College, Co-Author of “Unwinding Madness: What Went Wrong with College Sports and How to Fix It” In 39 states, the highest paid public employee is either a men’s football or basketball coach. And it’s not even close: the highest paid football coaches earn over $7 million a year. But the vast majority of colleges lose money on athletics — and even football, often thought of as the money maker, is far more often a money drain than a cash cow. Who’s paying for it all – and is worth it?