University presidents sound alarm at expenses

University presidents sound alarm at expensesUniversity presidents sound alarm at expenses

MIAMI — University presidents worry that increasing expenses at big-time college football and basketball schools are threatening the financial health of college sports, but they say they feel powerless to control the spiraling costs, according to a report on NCAA athletics released Monday.

Rising television and sponsor money channeled to a shrinking number of powerhouse athletic programs have driven up salaries for coaches and athletic directors, caused the expansion of coaching and support staffs and led to other expensive perks that threaten to bankrupt smaller programs, the report said.

washingtonpost.com
10/27/9