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IHSA tournament profits tumble as employee salaries rise

"Even as pack-the-house players like Derrick Rose, Jabari Parker and Marcus Jordan led their teams to state titles in recent years, the Illinois High School Association has seen revenues and profits from its marquee state boys basketball tournament plummet," the Chicago-Sun Times reported.

"Between 2006 and last year, profits from the tournament fell by 29 percent, government records filed by the IHSA show. Revenues — mostly from ticket sales — decreased by 17 percent between 2009 and last year."

Read the full story here.

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