Duke’s endowment doesn’t need another championship
As if you needed another reason to root for Butler (or against Duke tonight). Consider their endowments.
There are no state schools left, which means I had no choice but to come up with another wholly unathletic measure to determine who to root for.
For some crazy reason, the size of a university’s endowment — its invested funds — is one of the major factors in determining it’s rank in the U.S. News and World Report’s annual rankings (the quality of its professors is not nearly as important). Duke clearly doesn’t need the money that would be generated by an NCAA Championship, it’s got one of the largest endowments in the country — $6.1 billion, according to Google.
Butler, on the other hand, has pocket change. Just $139.6 million.
Winning the NCAA Championship can produce huge financial windfalls for colleges, and therefore directly impact their rankings as academic institutions (seriously, that’s crazy right?).
Just another reason to root against Duke tonight.