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SBD/July 11, 2013/Colleges
Univ. Of Colorado Looks To Cut Discretionary Costs After $7.5M Shortfall
Published July 11, 2013
GROWING CORN: In Omaha, Lee Barfknecht reports the Univ. of Nebraska is "projecting a 9 percent increase in sports revenue for the coming year, which will make Husker athletics close to" a $93M business annually. NU AD Shawn Eichorst yesterday said that the "expected revenue hikes" of about $7.6M are "solid based on three things." Eichorst said, "Increased seating in football, increased seating in volleyball and increased seating in basketball. It's going to be great come fall when we start setting all-time attendance records.” NU's expected budget "puts it about 25th nationally and in the middle of the pack in the Big Ten." Eichorst: "We're in really good shape financially. Supporters of this university would be proud of how we have managed our business" (OMAHA WORLD-HERALD, 7/11).