Buying Futures on the U.S. Congress Running the NCAA

If you just want to start to understand the economics and this is really the economics of fielding athletic games.

Teams, not the, you know, so, and what, you know, what your favorite universities or your alma maters or ones you hate are spending just to be competitive, obviously in the big sports, but this really represents spending across all athletic teams, right, Steve?

Yeah.

OK, so this is the athletic somehow.

Let me read it, even though I don't have an athletic subscription called.

Does your college football roster cost eight million or 50 million? Here's our report on 68 teams by Stuart Mandel, David Ubin, Sam Kahn and the athletic colleges team.

September 16, 2016.

Okay.

So yeah, it's, so it's got a chart that shows basically all division one schools minus the service academies in here.

And so, and this is payroll.

So this is for, for those of you who look like me who think college football has kind of been ruined by this, this is exhibit a, so the, the largest payroll in, In division one, college football, college sports is Ohio State, which is 49 to 54 million.

Texas is right behind it, 45 to 55 million.

And Oregon is the same, 48 to 54 million.

So those three have the biggest payroll.

And who's currently the number one team in college football right now? Ohio State? I believe it's Texas.

Oh, right, Texas, because they won last week.

Yeah, and so they've purchased the best players, and it shows on their payroll.

LSU, $50 million.

Miami, $50 million.

Texas A&M, $50 million.

Ole Miss, which has had a renaissance, $39 to $45 million.

And the interesting thing is if you go way down, and so other teams are somewhere in the middle.

Michigan is at $40 million, for example.

um ucla and i saw there's a story we saw by the way that said ucla i don't know if you read it chris i sent it like i think yesterday talked about the the debt the budget deficit of some mf college football athletic programs ucla ucla led the way 241 million dollar deficit

To be mediocre, by the way.