Earlier quoted context omitted.
Universities shouldn't have side businesses, don't they have some non-profit status that's specific to education? They should be heavily restricted to education and research alone.
I’m not a huge fan of the NCAA system myself. A lot of universities don’t have major sports programs, and that’s a respectable choice on their part. But NCAA sports are tremendously profitable for the universities that invest in them. No Division I school would actually save money, in the long run, by defunding their football and basketball teams. And when it comes to side businesses, sports pale in comparison to end…
Tulane might be a counterexample to this especially since the 80s (although not lately)