Wednesday, February 10, 2016

NCAA budget update #71

Cal Berkeley is facing a $150 million dollar negative difference between its revenue and expenses. Although the indication is that no teams will be cut, all areas of spending including athletics expenditures will be examined.

Missouri State is facing a $1.1 million shortfall due to declines in men's basketball ticket sales.

Wyoming was anxiously awaiting word about whether it would receive $4 million annually in state support for athletics while other areas of the state are facing budget cuts.  The funding was ultimately granted but has been the subject of significant criticism in the state.

TheAdvocate.com reviewed spending on athletics at the 14 public colleges and universities.  The findings show that 13 of the 14 departments (except LSU) receive substantial subsidies.

As a follow up to my earlier series about daily fantasy sports, the NY Times and Frontline have developed a one hour documentary about the industry.

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