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As Athletics Spending Escalates, College Presidents Call for Increased Financial Disclosure

By most accounts, the business of college sports appears as healthy as ever. The National Collegiate Athletic Association earns more than $500-million a year from its contract with CBS to televise the men’s basketball tournament — money that helps support hundreds of athletics programs. A record 64 football teams in the NCAA’s top division will receive a financial lift by appearing in a bowl game this season. And corporate sponsors and generous alumni are infusing millions more into athletics programs across the country.