Monday, June 1, 2009

Athletic budget update #30 - SMU cuts ten positions

We've got a big list of budgetary details and other interesting news, so lets get right after it......

SMU eliminated 10 positions from their Athletic Department including their Associate Athletic Director for Sales and Marketing and their Senior Women's Administrator.

Learfield Sports has agreed to guarantee more than $26 million to Boise State in exchange for their media and sponsorship rights.


Big Sky Conference basketball coaches have gone public with their dissatisfaction over the decision to have teams play on back to back nights during conference play - citing diminished quality of play and safety concerns as the primary issues.

Roosevelt University in Chicago is adding an entire intercollegiate athletic program, two decades after a decision was made to close the department. They intend to start 12 teams over the next five years.

The New York Times wrote a summary article about students that have rejected fee increases to support athletics (all of which were previously covered by ultimatesportsinsider.com) . They also have an article about the large number of graduates from sports management programs and the absence of jobs when they finish their degrees.

The cabin.net has an interesting article about football guarantee games that are being negotiated in Louisiana that will help the financial situations of some smaller state schools while simultaneously saving LSU significant money. The article lists specific guarantee figures for about ten games. The article also looks at whether the same should occur in the state of Arkansas.

ESPN.com is reporting the Florida President Bernard Machen is pushing to make Urban Meyer the highest paid football coach in the SEC . Florida will have cut more than $110 million over three years when the latest $42 million cut is enacted. "Especially in a dynamic business like athletics, you invest a lot of resources and time in something," Machen said, according to the [Orlando Sentinal]. "It may not pay off for three or four or five years, but if you stop, then it's just going to slow you down."

The NCAA's men's basketball issues committee is examining scouting services that charge fees and have ties to club teams for potential impropriety.

The United States Congressional Budget Office has issued a paper "Tax Preferences for College Sports".

Finally, if you're like me and wish you could find a newspaper style sports page in a quality on-line format, I encourage you to check out http://www.sportingnewstoday.com/. Its a perfect mix of scores, facts and feature articles with great photos and opinion pieces. It offers good coverage of college sports and best of all, a daily subscription delivered to your email is free (just like http://www.ultimatesportsinsider.com/ in case you haven't signed up yet). You won't be disappointed by either.

No comments: