Because, and I think this is shown by the discussions that have taken place since, the implication is that the 8x asset advantage then translates to 8x spending advantage, making it impossible for any other club to spend anything near what NLWC does. And that part simply isn't true.I think they got the big takeaway right, which is NLWC is set up for senior level dominance by being 8x better funded than their closest competitors. What more do you think they missed? Where the donor got his money? I'm sure you all would have loved that...
You can pull expenses from those very same forms. And while NLWC has the highest expenses, it's not orders of magnitude different than others. For example, in the last 3 years available (2017-2019) the NLWC has outspent HWC by about 20% - approximately $2.8M to $2.3M.
What do those numbers really mean? I'm not trying to say I know for sure. I'm trying to say that nobody really knows for sure. Which is what makes simply throwing out/highlighting one set of numbers without any context or additional information irresponsible or at least not what I would define as "great" journalism.