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Source: Oklahoma Has "Very Open Mind" About Moving CBB Games To Proposed New Arena

Published in SportsBusiness Daily on 09 / 20 / 17

The Univ. of Oklahoma would at least "consider moving its home basketball games to a proposed new arena in far north Norman," according to a source cited by Berry Tramel of the OKLAHOMAN. A 10,000-seat arena was "part of a massive development project proposed" that yesterday was approved by the...

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South Carolina Expects To Make $121.9M In FY '17-18

The Univ. of South Carolina athletics department "expects to make" $121.9M in FY '17-18 and spend $102.9M, and both numbers "are records" for the school, according to Josh Kendall of the Columbia STATE. The biggest increase in the school’s revenue is a $4.9M "uptick in media rights, which can ...

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Harbaugh Inviting Obamas To Michigan Game

A post shared by Jay Harbaugh (@jayharbaugh) on Jun 15, 2017 at 6:37pm PDT Michigan football coach Jim Harbaugh is "in the process" of officially asking President Obama and former First Lady Michelle Obama to be "honorary captains this fall for a game at Michigan Stadium," accord ...

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Michigan Anticipates $51.1M From Big Ten In '18

The Univ. of Michigan athletic department for FY '18 "projects an operating surplus" of $2M and will get a "huge financial bump from the Big Ten's conference distribution," according to Angelique Chengelis of the DETROIT NEWS. Michigan is expected to receive $51.1M in '18, a "substantial increase" f ...

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Georgia Tech Projected To Break Even In FY '18

The projected budget for Georgia Tech's FY '18 "calls for a break-even year" in which revenues and spending will be $84.3M, according to Ken Suguira of the ATLANTA JOURNAL-CONSTITUTION. The projected spending for the FY '17, which concludes June 30, will be $81.3M. Spending on salaries "will increas ...

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UNC Wants To Build $10M Production Center

Univ. of North Carolina officials are "seeking permission" to build a $10M TV production center that they would "use to create sports programming for the ACC Network," according to Ray Gronberg of the Durham HERALD-SUN. The product would "add three control rooms and two studios to the Koury Natatori ...

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Michigan's Rome Trip Costs $750,000-800,000

Univ. of Michigan AD Warde Manuel said that the football team’s trip to Rome in late April will "wind up costing between $750,000 and $800,000, all of which was covered by an unrestricted financial gift by a donor who wishes to remain anonymous," according to Angelique Chengelis of the DE ...

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Florida Passes $128.2M Budget For FY '17-18

The Univ. of Florida Athletic Association’s BOD passed a $128.2M budget yesterday, which is an "increase of almost" $6M over last year’s budget, according to Pat Dooley of the GAINESVILLE SUN. The budget includes $117M in operating expenses for FY '17-18. It also includes operating ...

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FAU Sees Athletics Budget Hit Record Levels

FAU's athletic department "will be budgeted more money" during the '17-18 academic year than ever before, according to Matthew DeFranks of the South Florida SUN-SENTINEL. FAU has budgeted $29.33M for its athletic department, up $2.23M from last year. The proposed $2.23M increase is the "biggest ...

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Univ. Of Washington To Post Athletic Surplus

The Univ. of Washington athletic department "expects to have a surplus of about $2,000" when its FY '17 concludes at the end of the month, a "major turnaround for a department that was in 'triage mode' with its budget" when AD Jennifer Cohen stepped into the role 18 months ago, according t ...

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Univ. Of Kansas Athletics Budget To Increase

Univ. of Kansas athletics "expects its budget to increase" to $93.3M next year, according to Sara Shepherd of the LAWRENCE JOURNAL-WORLD. KU CFO Pat Kaufman said that the school's '18 budget is roughly 3.5% "higher than the previous year’s budget." Kaufman noted that the additional money ...

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