I worked at a uni (just left), a high school friend went into accounting and is the CPA / Accountant for the football team (ok, _one_ of the accountants)...

When times were really, really bad at the uni, talking about furloughing employees, closing down schools, etc, I bumped into him:

    Hey fred what's up? How is it going there in the football stadium? 
    "Eh fine..."
    Yeah, times are rough here, we can not purchase pencils or toilet paper. Scared for our jobs. 
    "what!?! The football / athletics department has so much money, I am practically burning it just to get rid of it"

This was the norm at the university. Research labs? Not updated in 30 years. Football stadium needs a paint job, $@#% that, we are going to build a 100Million dollar new one. Oh, the AC in Engineering is broken, screw them. Oh, its hot outside? 50Million dollar indoor training for the football team.

Yeah, I hate colleges. If their goal was to win games, I would understand. Uh-oh, I was missing the point of college... dang.