jack on the radio: SCU journalist makes good... again!

Here's Jack! Listen to his interview on wjox.fm in Birmingham, via this podcast, as he discusses the latest installment of his USA Today series on the $$$$$$$$$$$ of collegiate sports. Listen for the number of documents he and his partners went through -- and his dismissal of a million bucks or so as "chump change."

Meanwhile, here's a taste of the latest story in the series:

Michigan State outspent the upstart [Northern Iowa] Panthers by $9.4 million to $1.5 million in men's hoops last year. Spartans coach Tom Izzo, who will be participating in his sixth Final Four this weekend, makes more than $3 million a year — more than 10 times what Northern Iowa's Ben Jacobson had been making.

Yet their athletic departments have one thing in common: Without millions in help from their universities, neither could pay its bills. Michigan State's $81 million budget last year included $3.7 million in university subsidies. Half of Northern Iowa's $17 million budget came from subsidies and student fees.

http://podcasting.fia.net/5018/4250705.mp3

jack's back ...

... with a hard-hitting investigation of collegiate spending on sports in USA Today. The story (plus sidebars) was based on a detailed analysis of four years of financial information from university athletic departments.

Here's a taste:

More than $800 million in student fees and university subsidies are propping up athletic programs at the nation's top sports colleges, including hundreds of millions in the richest conferences, a USA TODAY analysis found.

The subsidies have reached that level amid a continuing crisis in higher education funding. At some of the schools where athletics is most heavily subsidized, faculty salaries have dipped, state-funded financial aid is drying up and students are bracing for tuition and fee increases.

Taken together, the subsidies for athletics at 99 public schools in the NCAA's 120-member Football Bowl Subdivision grew about 20% in four years, from $685 million in 2005 to $826 million in 2008, after adjusting for inflation. At more than a third of those schools, the percentage of athletic department revenue coming from subsidies grew during the four-year period studied.

Congrats to Jack: Disturbing story. Great work. Often the two go hand in hand. bk