Summary: <p>6-24-18 E72 - College Athletic Department’s in Ruins - Blockchain to the Rescue</p><br> <p><br>1. The $10 Billion Sports Tab: How College Are Funding the Arms Race: The Chronicle of Higher Education<br>https://www.chronicle.com/interactives/ncaa-subsidies-main#id=table_2014</p><br> <p><br>2. How College Sports Lost Its Way - Brookings Institution<br>https://www.brookings.edu/book/unwinding-madness/</p><br> <p><br>D1 divided into two branches. 1. Football Championship Subdivision (FCS), composed of smaller institutions, such as Illinois State, Cornell, University of Delaware. 2. Football Bowl Subdivision (FBS) The Big Boys.</p><br> <p>In 2013-14, only 24 D1 programs, or 19% of the FBS schools, made a profit. In that same time frame, the median operating loss was $14.7 million. The FCS, or smaller schools, are in far worse shape. No FCS athletic department made a profit.</p><br> <p>3. Colleges Are Spending Way Too Much on Athletic Programs but students and athletes don't rea Become a supporter of this podcast: <a href="https://anchor.fm/crypto-the-wonderdog-show/support" rel="payment">https://anchor.fm/crypto-the-wonderdog-show/support</a> </p>
