Central Michigan's Heeke To Become Arizona AD Utah Generates $79.4M Revenue In '15-16 Alabama Football Program Nets $47M-Plus Profit Texas A&M Athletic Department Makes $57.2M In '15-16 N.C. Still In Limbo As ACC Championship Host Site Washington State Athletic Deficit Shrinking LSU Athletics Turns $12M Profit In '15-16 Sources: BC Wasn't Going To Renew Bates' Contract Kentucky Increases Price For Football Season Tickets Florida AD Stricklin Puts Twitter To Good Use
SBD/December 31, 2012/Colleges
Many Smaller Universities Weigh Move To FBS Despite Risk Of Financial Losses
Published December 31, 2012
FIRST YEAR IN REVIEW: Pennington noted UMass this year “took the mighty step up to big-time college football." To make the leap “more concrete, UMass decided to play its home games at Gillette Stadium.” First-year UMass Chancellor Kumble Subbaswamy "inherited the FBS decision.” But he supports it as a “reasonable, calculated risk.” Subbaswamy said, “If managed properly, we will come out better for it.” He added, “It’s important to keep in mind that the total athletic budget is 4 percent of our expenditures.” Subbaswamy “did not rule out the possibility that UMass would reverse course.” UMass AD John McCutcheon said, “It’s going to take four or five years to see a change for us. But a football team with a national profile can have transforming effects on a university” (N.Y. TIMES, 12/30).