Economic Facts and Fallacies by Thomas Sowell

Author:Thomas Sowell
Language: eng
Format: epub, pdf
Publisher: Basic Books
Published: 2011-03-22T04:00:00+00:00

These tutoring facilities exclusively for college athletes had annual budgets ranging up to nearly $3 million at the University of Oklahoma in academic year 2007–08 and have been housed in buildings ranging in size up to more than 20,000 square feet in at least a dozen institutions and more than 50,000 square feet at the University of Alabama at Tuscaloosa and at Louisiana State University at Baton Rouge.91

Among the biggest beneficiaries of intercollegiate athletics are professional football and basketball leagues, for whom college athletics has been aptly characterized as “a cost-free minor league.” It has been estimated that, if colleges were economically based operations, they could charge professional football and basketball leagues more than $100 million for serving as the source of their players.92

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