May 15, 2008

Colleges Foot a Large Share of Athletics Expenses, New NCAA Data Show

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By Eric Kelderman

For the first time, the National Collegiate Athletic Association has revealed the growing amount of financial support that colleges provide to their sports programs, using detailed accounting to separate institutional funds from money earned through ticket sales and private donations.

A March report from the NCAA concludes what many have long feared about the real costs of college sports: The vast majority of athletics departments operate in the red.

While

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