Earlier quoted context omitted.
> There’s an admin costs problem in this country. The money goes to the college administrators. They're major bureaucracies that plague and control universities money supply and more or less dictate universities' policies.
The data I've seen doesn't, by and large, bear this out. The money goes to the athletics and the infrastructure. (Not in the sense of "the best infrastructure money can buy", sadly; no, it's more like "raise $300 million to build this new dorm and let the richest donor put their name on it, then spend about 30% of what it needs for maintenance for the next 30 years...and then spend 5x the amount we would've had to if…
Athletics for most schools are a net profit center, even for the #100 football program. The smaller schools aren't spending nearly so much on athletics as the schools with football programs.