Deleterious Posted 2 hours ago Author Posted 2 hours ago 22 minutes ago, buddha said: if were af the point where we can all admit this is minor league football designed to make a profit for the supposed non-profit academic institutions, then i suppose its an improvement. it further waters down an already watered down regular season, but that ship has passed. in a world where their labor must be paid OVER the table, the universities need cash. more product for television is the easiest way to do that. Nonprofit doesn't mean you don't seek profits. it's just a designation that defines what is done with the profits. Nonprofit gets invested back into the entity. For profit gets distributed to an owner and or shareholders. Quote
Shelton Posted 2 hours ago Posted 2 hours ago 27 minutes ago, buddha said: if were af the point where we can all admit this is minor league football designed to make a profit for the supposed non-profit academic institutions, then i suppose its an improvement. it further waters down an already watered down regular season, but that ship has passed. in a world where their labor must be paid OVER the table, the universities need cash. more product for television is the easiest way to do that. Yep. Call it what you want, but it is what it is. Quote
gehringer_2 Posted 2 hours ago Posted 2 hours ago (edited) 31 minutes ago, Deleterious said: Nonprofit doesn't mean you don't seek profits. it's just a designation that defines what is done with the profits. Nonprofit gets invested back into the entity. For profit gets distributed to an owner and or shareholders. It can be more than that. A profit making venture has a positive obligation to generate an excess to make a return to its owners/investors. This also generally generates an imperative for growth. Missional non-profits are a) not specifically seeking income above their operating expenses b) are often quite content to sustain their mission at status quo scope - i.e - they are much less driven by growth imperative - though without question there are plenty of non-profit operators with growth ambitions - religious orgs commonly! But in the rest of the charitable service world I've worked around, it is absolutely a different operational mindset. As a more concrete case with college sports, the tradition at Michigan was that profits from the revenue sports were not only plowed back into those sports, but were directed to fund recreational facilities for the general student body, faculty and staff. If you have PE guys waiting for their cut, they're not standing still for that kind of 'extravagance.' Edited 2 hours ago by gehringer_2 Quote
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