ADept Budget

Submitted by Michiganguy19 on July 14th, 2009 at 2:50 PM

Decent article on Athletic Department struggles around the U.S. - which ultimately shows how lucky we are that the state economy hasn't tried to derail the Big House expansion and other AD projects. I know that there are ongoing debates about getting a home and away series with another major program and who we should get for the 2010 opener, this shows that those decisions do have a trickle down to other athletic teams. Hopefully we can see an expansion involving Title IX sometimes soon, adding Men's Lax and Women's Something...

Highlights:

Michigan's athletic department had a $9 million surplus after the most recent fiscal year. The Wolverines just completed several multimillion-dollar construction projects and have plans to build new wrestling and basketball practice facilities and a new soccer stadium.

Florida, buoyed by its second football BCS national championship in three seasons, will increase its athletic budget by $5.9 million this year. The Gators had the third-highest grossing athletic department in the country last year at $106 million, according to Street & Smith's Sports Business Journal. Texas had the biggest at $120.3 million, and Ohio State was second at $118 million.

Texas' football program generated $73 million last year.

http://sports.espn.go.com/ncaa/columns/story?columnist=schlabach_mark&i…

Comments

West Texas Blue

July 14th, 2009 at 3:55 PM ^

For all the shit people give Sailboat Martin, he has done a fantastic job on getting the Athletic Department back in the black. We've gotten new practice facilities for football and basketball (much needed) and the stadium renovations. He's put his business credentials to good use. So far his Beilein hire looks great; hopefully the Rod hiring will look good after this year.