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Mondays With Myles: Increased Spending In College Sports - Oct 22, 2007
posted by: Josh
Home to one of the most successful athletics departments in the country, it won’t come as much of a surprise that Texas spends megabucks on its intercollegiate athletics program. The university has one of the lone departments to actually turn a profit in the expensive world of college sports. A recent package in the Austin American-Statesman discussed the finances of Texas athletics, reporting that the department will spend more than $100 million during this academic year, more than twice its expenses of just six years ago. The university spends more than $200,000 to support each of its student-athletes. On today’s edition of Mondays With Myles, NCAA President Myles Brand discusses the rate of growth in intercollegiate athletics and explains the economics of college sports. Listen to Mondays With Myles 
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Maybe this young man will be the next Michael Jordan but if they do not make the proper plan up front they won't make it to the end game.
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