a friend of mine was telling me that her school's chapter of aka has what they call the "mr. pink and green pageant," that is similar to the alpha's "ms. black and gold pageant," but not as formal. and, after the pageant, the participants are auctioned off. she told me that people were paying $100+ for dudes!
also, there was the AKApollo night. i think they made their money in entry fees. the thing about that was the interested girls participated A LOT so it was kind of a catch-22: those that participated were looked at favorably by the chapter members but, everyone in attendance knew who they were.
but anyway...those are just some ideas that i have heard of
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