Shannon McLaughlin, Jake Vatale, Dominic Martin, Thomas Watkins( In) Professional Sports Financial Challenges – Maintaining Old Stadiums vs. New Stadium This research project explores the price differences between maintaining new and older stadiums. Knocking down and modernizing older stadiums with technological upgrades may be considered the wiser choice than purchasing appropriate materials to maintain them. Although both options can be expensive, through this research project, the best decision will be made. This research project will also explore which option is able to bring in the most revenue.
Mazen Sayed, Deam Grimaldi( In) Challenges in funding non-revenue college sport programs Funding non-revenue college sports is exceedingly difficult. Unlike revenuegenerating sports, these programs do not attract sponsorships, media rights deals, and ticket sales. To keep these teams going, schools often need student fees, many fundraising events, and big donations from former students. Limited budgets often translate to a reduced number of scholarships, decreased travel opportunities, and lower quality facilities, all of which greatly affect athlete morale and program competitiveness. This presentation thoroughly explores financial challenges and potential funding solutions. It also talks about the larger implications for college athletics, pointing out sustainable support strategies to guarantee the longevity of non-revenue sports programs.
Vanessa Varova, Ryan Holstein, Maya Heller( In) The Financial Role of Niche Athletics in Ivy League Admissions This research focuses on the financial dynamics of niche athletics within Ivy League schools with a focus on University of Pennsylvania. We examine recruitment and diversity within niche teams. Niche sports tend to attract athletes with wealthier backgrounds and that reinforces the exclusivity for Ivy League schools. By analyzing the financial reports, recruitment, demographics along with donor contributions and sponsorships – it all points to disproportionately favor wealthy students. We additionally compare the Ivy League schools’ system to private universities like Gwynedd Mercy University athletics. The findings will provide insight into how much / if recruitment is affected by wealthy backgrounds of students.
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