College Football Teams Are Risky and Expensive—and Schools Keep Adding Them

Universities still think the sport’s benefits outweigh the costs.

The business model of college football, long a financial boon to universities, is breaking down. A weeklong look at the pressures of rising costs, falling revenue and what, if anything, universities can do about it. Read the rest of the series here.

At many schools, the costs of football are starting to challenge the benefits. It’s expensive, it doesn’t always make money, many academic faculty resent it, and the ongoing debate over health risks and players’ labor rights put universities in an awkward position.