Here's a little extra March Madness: The UNC Tar Heels are the nation's most valuable basketball team.
So says Forbes, the financial magazine that ranks the nation's top hoops programs on revenue earnings.
The Heels generate nearly $26 million for the university, including $16.4 million in operating revenue, making the university one of the few in the nation that make more money from basketball than football, according to the story.
Duke's basketball program ranks 8th on the list, while N.C. State and Wake Forest tie for 18th in the top 20 list.
Here's the story.
Comments
ostentatious pedanticism (my
Wed, 03/18/2009 - 09:46 — robdarichostentatious pedanticism (my glorified version of "Huh?")
Sorry for the blur of concepts. It was to meant to express under-currents and side-effects of professional sports - and implies (insinuates) that professional sports exploit the purity, but may hamper the best parts of sports competition.
It wasn't meant to diminish the idea that throwing a ball through a ring isn't a great thing that might create a dominant force in future underwear advertisements... but saying so sounds diminishing and I want to avoid n tangling with sports-minded people.
faceteous: try not to take it seriously, it's not a sports post, it's a business post about sports and money. (the point of the Forbes article)
In my opinion money & greed
Wed, 03/18/2009 - 09:34 — s196322In my opinion money & greed have ruined college sports. Every decision regarding games depends on TV and the amount of money being received. The universities allow TV to set the time for games instead of the schools. In other words the tail is wagging the dog. If the schools would get the $ mark out of their eyes for just a few minutes and allow common sense back into the equation it would speak volumes regarding their priorities.
What did Rob just say?
Wed, 03/18/2009 - 08:49 — Worz4UNCHuh?
I bet these sports teams
Wed, 03/18/2009 - 09:49 — robdarichI bet these sports teams will stay the best - they can't afford not to. So what's more important, the game or the money? (faceteous) Sports officianados will be dismayed at this news because it clearly states that someone's making fat money - it's hard to defend that college "sports" are not about the money - unless one hasn't worked for a living, then "defense" is a cheerleading chant. Grown ups are aware that professional sports do not exist within the vein of their promotion; sports are based on naieve and dogmatic response and fans predictably jump to applaud their team. (the NC version of a Texas "Line Dance") The dollar is in a different league and sports fans do not applaud, it's unsportmanlike to cherish money over sport. The problem is that promoting the money aspect of sports injects impurities that hard-spending sports fans will not tolerate. It will get harsh when those who recieve the $26M become insecure that another fan may not be born every minute.
Yes
Wed, 03/18/2009 - 07:10 — chrisinraleighJust another reason why they are the best in the country!