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UConn Athletics
Conference Realignment Board
The Private Equity College Sports Hellscape Thread
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[QUOTE="Kolumbo, post: 5192274, member: 4613"] This thread is about private equity getting involved in big time college football. NIH is a governmental agency which funds biomedical research. Whatever happens with NIH, I'm not sure it would affect athletic department revenues at the big football schools. G5, sure. State funding would need to be reallocated, but the football schools would be fine. Interesting reading about funding for "indirect costs" though. perhaps these elite institutions are bilking us. "In an [URL='https://grants.nih.gov/grants/guide/notice-files/NOT-OD-25-068.html#_ftnref2']announcement[/URL] issued by the NIH Office of the Director, the agency noted that it has historically supported[I][B] indirect costs — administrative, facility, and other expenses not directly linked to the goals of a scientific project — with a quarter of the agency’s grant expenses going to these costs.[/B][/I] Many of the nation’s most elite research universities receive 50% or more in addition to direct research expenses to cover indirect costs. Going forward, the rate of support will now be 15% for new and existing grants." [/QUOTE]
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