UM: Athletics
The Atlantic magazine published a lengthy article – “The Shame of College Sports” – calling for an overhaul of the NCAA, and asserting that “big changes are coming.” The University of Michigan football program is mentioned briefly throughout the article, including this reference: “According to various reports, the football teams at Texas, Florida, Georgia, Michigan, and Penn State – to name just a few big-revenue football schools – each earn between $40 million and $80 million in profits a year, even after paying coaches multimillion-dollar salaries. When you combine so much money with such high, almost tribal, stakes – football boosters are famously rabid in their zeal to have their alma mater win – corruption is likely to follow.” [Source]