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University Financing - If you want to educate yourself

CashMoneyCane said:
This is not necessarily a terrible idea. No idea how NCAA legalities would impact it, but I could see a way that fans donate to a general fund that is ultimately used to solicit recruits.

Get the donations rolling and I'll manage it.
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you'd have to document how those funds were used under that scenario, no?
 
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Mahoney-Pearson said:
you'd have to document how those funds were used under that scenario, no?
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Ehhhh... dubious. It's not exactly illegal to give money to recruits, just against NCAA rules. Naturally, there are tax ramifications. But what if it was "scholarship money?" I think there are ways around it.
 
3FW said:
Men's hoops makes 💰.
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It is profitable, but not nearly as profitable as football. Miami's basketball program is able to sustain itself, which means that in theory, it shouldn't be taking much from the football revenue pie. That said, that wasn't the case before L came. When you aren't making the tournament on a regular basis, you aren't going to be a profitable program.
 
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