This seems so arbitrary to me. For example at one time Tesla's stock price was almost $400 a share, now it is around $275 a share. Yet, the company has never made a dime, it has billions in investment money being poured into it with the hopes that electric cars will one day be the norm. Hope is the operative word here.
Our beloved basketball team, sports program in general, and MAC athletics in particular operate on a variety of subsidies. Even the vaunted school up north only has two athletic programs that make money. They are able to subsidize a variety of sports because of football and basketball, again with football being the operative word.
Now some might say, but what about all of the equipment and the facilities we have? Well, who else would ever use it? Our beloved Alma mater is located in a very rural area. You could make the same case for Tesla, they have quite the facilities in California and Nevada, but who is going to use it if electric cars don't catch on and they need to actually make a profit instead of operating on other peoples investment money and government subsidies.
Most of us here are the 1% who actually attended games when we went to school in Athens. It doesn't end there, we even come back when we can to watch various sporting events. Honestly, think of other MAC grads you know who are friends, work colleagues, neighbors etc. How many of them return to their Alma mater? I can't think of a single one and I have a neighbor who actually played a varsity sport at Miami.
Last Edited: 4/8/2019 4:52:13 PM by cbus cat fan