May 6, 2011
Statement from President David J. Schmidly, University of New Mexico
"Recently, BCS Executive Director Bill Hancock stated that looking into the Bowl Championship Series seemed like a waste of the taxpayer's money, and that the Department of Justice should not investigate the legality of the BCS. The BCS and college football is a multi-billion dollar enterprise, and that is reason enough for why the Department of Justice needs to investigate the matter.
Having served as the president of two institutions that are members of the BCS, and now serving here at the University of New Mexico in the Mountain West Conference, currently outside of the BCS, I bring a unique perspective to the issue, having seen with my own eyes the differences in revenues that the BCS generates for the haves and the have-nots.
With state support declining, and all of us in higher education looking to alleviate the financial problems brought on by the current economy, to not investigate the legality of the BCS, and to not look at the potential revenue streams that can be afforded to all Division I FBS institutions through other postseason means is short sighted and irresponsible.
If there is a way to alleviate the burden on tax-payers, while potentially increasing revenues and finding a more equitable way to distribute those revenues throughout college football, then an investigation by the Department of Justice is well worth the time and energy, and I fully support it."
President David J. Schmidly has been the president of the University of New Mexico since February, 2007. He previously served as the president of the Oklahoma State University (2002-07) and Texas Tech (2000-02).