Monday, August 1, 2011

Money in America

Despite what you have heard or read out of Washington, DC, money is available in America.

Apparently, a good number of Division I college football teams have plenty of green. For example, have you checked out the paychecks some lower Division I teams will receive this season from road games against higher Division I schools? This isn’t anything new, but in this economy it should raise some eyebrows

My old school, the University of Louisiana-Monroe, is one example. Out of four non conference games, the Warhawks will play “money” games against Florida State and back-to-back games against TCU and Iowa. Monroe will receive 1.3 million from Florida State and 1 million from Iowa. Although I couldn’t find a figure for the TCU contest, I doubt if the amount is less than $750,000. This is serious money.

The Warhawks have one of the smallest budgets in Division I. Obviously, it helps pay the bills. The chances of defeating any of these teams are slim (although they did shock Alabama a few years ago), but if Monroe can get out of town reasonably healthy, the pros definitely outweigh the cons of the arrangement.

The big schools often complain they have difficulty scheduling so they must sweeten the check to lure the smaller schools. Louisiana-Monroe and other smaller schools have definitely taken the bait.

At least in one phase of the economy, supply-and-demand is working quite well. Maybe Washington should take a look,

No comments: