to Pay $11 Million to Leave an Athletic
In one of the great unheralded movies the Marx Brothers starred in a college football farce (well actually today college football is a farce, in the 1930’s that was not always the case). Groucho was the President of the school, setting an example that many college presidents have since followed. Upon being told that the college could only afford a dorm or a football stadium Groucho chose the stadium.
“Where will the students sleep?” he was asked
“In class, where they always sleep” he answered
Today the choice between college facilities and athletics is not a joke, unless it is a joke on students and parents who want their children to get a world class education without going into mountain like debt. But it is not true that colleges do not have financial resources lying about.
AAC, Louisville reach agreement on breakup, move to ACC . . .
This is called “chump change”, because there are chumps involved, namely the students and their education. But not to worry, the U of L can easily get the money by increasing student fees, and the students can easily get the money by taking on more student debt and the bloated administrative staff and overpaid coaching staff can be seen on campus laughing at the chumps.