Quote:
Originally Posted by jbergey22
The elite colleges are funded through their highly prestigeous acedemics first of all. That money in return gets invested different ways. Some colleges are great in Football, some in basketball, some in Rugby. College Football and Basketball easily bring in the most money however that money isnt directly going right back in them respective programs. It gets split up between the conference and goes into other programs as well.
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And in pro leagues, it's the same thing. The profits made by teams obviously don't really all go back to the teams. Quite often an owner just take the money and use it on other businesses he owns. Sometimes an owner just pull money out of his own pocket. A lot of revenue are split up among the league too, most obviously the national TV contracts.