In my sports economics classes, I characterize college athletic departments as profit-seeking firms, despite their non-profit status. The non-profit status doesn't preclude profit-seeking as an objective,. Being non-profit means that a department can't disperse profits to "owners." Recently I ran across three articles that have done nothing to shake that assumption.
Joseph Duarte of the Houston Chronicle writes about some of the reasons that major college football programs are giving up home games to play in NFL stadiums.
Harvey Araton in the New York Times has a similar story but with an east-coast flavor. But I'm not convinced that the search for revenues is cost driven. Rather, the costs are driven by the revenues. HT Wiz of Odds.
Stu Durando of the St. Louis Post-Dispatch discusses why the Mizzou-Illinois Arch Rivalry game won't be continuing after this year. The game, which has been played annually in the Edward Jones Dome in St. Louis has been profitable for Missouri, but not so profitable for the Illini compared to the profits they expect to make from their home games. It takes two to tango and the Illini don't want to dance anymore. The article is an excellent look inside the business side of college football.