The BCS is a financially underperforming system that costs mostly public colleges and universities hundreds of millions of dollars in potential revenue while directing tens of millions in student fees and taxpayer funds to third-party bowl games. The money alone makes it a concern for any taxpayer. Then there are the current corruption charges against the bowl business – the Fiesta Bowl is under fire for out-of-control spending and potentially illegal campaign contributions.
Thursday, May 05, 2011
Justice Department Closes in on BCS
At last maybe we can get a Playoff system even if the Feds have to come in and take away their anti-trust exemption. Before anyone says the Justice Department has something better to do read this article.
There is corruption throughout the system and if you have a public university in your state your tax money is being stolen by these Bowl robber barons. The system keeps a wildly profitable playoff system from being created simply to keep bowl commissioners in $800K a year jobs. I mean some schools are raising athletics fees simply to keep this corrupt system intact. If if it takes a Justice Department Subpoena to make changes then so be it.
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