Sunday, November 28, 2010
I've Heard of Losing Money in Reno, But This is Ridiculous
You want to know just how bad major intercollegiate athletics has gotten these days? I'll tell you how bad it's gotten. The University of Nevada (at Reno) just pulled off one of the greatest accomplishments in the history of their athletic department. Yeah, that's right, I'm talking about their football team's thrilling upset victory of heretofore undefeated and 4th ranked Boise State (34-31 in overtime). Hm, what, pray tell, could possibly be wrong with that, you ask? I'll tell you what - one point nine million. Yep, that's how much money the university probably ended up losing by their winning of this football game. How so? It's a little something called revenue sharing. Boise State, had they in fact defeated Nevada, were poised to play in a BCS (Bowl Championship Series) post-season bowl game (one of the bigger ones, in other words) - a scenario that clearly would have ended up bringing in a lot of cash, not just to Boise State University but to the entire WAC (the Western Athletic Conference - a non BCS automatic qualifying conference). Nevada's cut of that particular pie would have been, yep, you got it, 1.9 million dollars....Talk about raining on somebody's parade.