Monday, February 9, 2009

Athletic budget cuts continue

Additional information continues to come about the budget adjustments being considered throughout college athletics. Earlier postings can be found on February 6 and February 3 as well as a two part series of possible solutions on January 24 and January 22. Here's the latest:


  • Minnesota - Although operating in the black, University President Robert Bruininks has instructed Athletic Director Joel Maturi not to extend any coaching contracts (including the head football coach) or to provide any pay increases to staff.

  • Fresno State - Coming off its best year in department history, capped by a national championship in baseball but a year in which a $1.9 million deficit was accumulated, the department is now facing an additional $1.2 million shortfall. All revenue streams (tickets, gifts, corporate sponsorship, etc.) to the department are down. Despite the economic situation, the department added women's lacrosse and reinstated swimming and diving this year to comply with Title IX.

  • New Mexico - University instituting voluntary furloughs and hiring freeze. The University is also adding a surcharge to athletic tickets to pay for academic support services for athletes.
Check back regularly for more updates.

http://www.ultimatesportsinsider.com/


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