Spending doesn’t immediately lead to triumph, but some elite collegiate basketball programs don’t mind splurging P50 million.
Coaches and players always need to be in a position to compete against rival universities. And these competitions aren’t just limited to their respective mother leagues, such as the UAAP or NCAA. It also includes off-season tournaments locally and abroad.
Accomplishing these would not be possible from the financial capabilities of the university alone, especially those who are competing in leagues with deep pockets. Before the pandemic, UP’s teams trained in the United States and succeeded at a preseason tournament in Taiwan. “If you play by the rules, my estimate is around P250,000 to P400,000 per athlete, per year,” said Nash Racela, the head coach of Adamson.
But varsity programs note that they’re not just focused on winning championships, as they’re also molding young athletes to be both basketball standouts and students in classrooms.
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