While I was working on the piece, it occurred to me that in this age of billionaire owners, in which every club, no matter how Portsmouth-y, can be plausibly linked to a gasp-wrenching imaginary stock portfolio, there are really two kinds of billionaires: billionaires and fake billionaires. Billionaires live in space, sleep in chocolate and eat a helicopter as a snack. Fake billionaires drive around looking important on the way to being yelled at by suburban bank managers. Somehow we’ve evolved a culture in which it’s possible to have some contacts, borrow a fortune, and get a profile in the US Airways in-flight magazine, even though at the same moment real billionaires are playing badminton on the moon with movie stars only millionaires have even heard of. It’s a confusing time to be a soccer fan.
From Scott Campbell’s Make It Rain collection of lasercut money [via]Read more
While revenue at many big-time college football programs has fallen or stayed flat last season, revenue at the University of Texas—which comes from things like ticket sales and suite rentals—jumped by 20% last year to $87.6 million, the most ever generated by a college football program and almost $20 million more than second-place Ohio State University pulled in.