Sport: Gravy Bowls

Last year more than $75,000,000 from football gate receipts went into the treasuries of U. S. colleges. This year Notre Dame alone will have a football income of almost $1,000,000. The University of California showed a net profit of $299,425.61 on its books at the end of the ten-week football season last year, after guarantees to visiting teams had been paid and deductions made for expenses. In addition to the season's income, California received $104,000 for a side job: playing in Pasadena's Rose Bowl on New Year's Day.

Midwinter has now become so cluttered...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!