ESPN highlights College Athletics Endowments

ESPN‘s Outside the Lines has recently published a story highlighting the success many schools are having endowing scholarships for their programs. The story covers USC’s endowment of position scholarships for their football program, Duke University‘s endowments within their basketball program and Braylon Edwards‘ recent endowment of a football scholarship at the University of Michigan.

The endowment of scholarships is certainly not the largest avenue for revenue in the athletics department, but covering the scholarship bill is a large part of an athletics budget. The endowment of scholarships will free funds for other uses. Additionally, these scholarships are allowing players to give back to their alma mater in a way that will allow their legacy to be remembered in perpetuity.

by Taylor Wood

Note: This article was sent to ADF by Garrett Munro, a member of the MSA Class of 2010 at Ohio University.