OK I volunteer to be the lightning rod here.
McCormick already went all in once before wih no football success, no increased revenues, or donations
Maybe the bog looks at big ten revenues and says in 12years we will reap 200mllion( maybe ) But in 2013and 2014 we subsidized 80million, or 40percent of the expected haul . Who knows what 2015 brings but the subsidy has not been below 20million, from memory, since 2005. So half the amount expected to flow in has already been spent.
As for revenue producing sports is the suggestion that volleyball, baseball, tennis, soccer and wrestling are cause of 47million in subsidies? Most of these are partial scholarship and need what in the way of equipment?
And that football is driving the bus with 17million in ticket sales and donations out of the 76million dollar budget. They don't open the books but its hard to fathom that football breaks even and those Olympic sports lose 47million.
Now the Lesniak plan calls for 25million in tax credits and 75million coming from somewhere else for RAC renovation.
I understand everyone on this board is more of an insider than me but there is not much that makes sense here