Menu
Colleges

Univ. Of Hawaii May Face $2M Deficit This Year, Weighs Price Increase For Football Tickets

The Univ. of Hawaii athletic department is "staring at the possibility" of a $2M deficit this fiscal year and "may have to lay off some part-time and temporary workers," according to Ferd Lewis of the HONOLULU STAR-ADVERTISER. Officials at a UH Board of Regents meeting yesterday also "held out the possibility that the student body could be asked to pay a higher athletic fee as early as next year and the cost of individual game football tickets -- but not season tickets -- could go up." UH Chancellor Tom Apple last summer took a $14.7M "decadelong accumulated net deficit off the books" and "gave the department three years to balance its ... budget or face the possibility of cutting from its offering of 21 sports." AD Ben Jay said that athletics department "began the fiscal year July 1 with the projection of a $249,000 deficit." But he told the UH Committee on Intercollegiate Athletics yesterday, "We are, obviously, gonna see more." Jay cited "an $800,000 shortfall in projected football ticket revenues and the inability to come up with" an additional $1M in fundraising "that had been counted on." Lewis notes UH has "sought to share in some revenues at Aloha Stadium, including concessions and signage, and a return to a subsidy" from the Hawaii Tourism Authority "after a year without one." The HTA "had given UH as much as $575,000" (HONOLULU STAR-ADVERTISER, 2/6).

SBJ Morning Buzzcast: April 25, 2024

Motor City's big weekend; Kevin Warren's big bet; Bill Belichick's big makeover and the WNBA's big week continues

TNT’s Stan Van Gundy, ESPN’s Tim Reed, NBA Playoffs and NFL Draft

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with TNT’s Stan Van Gundy as he breaks down the NBA Playoffs from the booth. Later in the show, we hear from ESPN’s VP of Programming and Acquisitions Tim Reed as the NFL Draft gets set to kick off on Thursday night in Motown. SBJ’s Tom Friend also joins the show to share his insights into NBA viewership trends.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Daily/Issues/2014/02/06/Colleges/Hawaii.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Daily/Issues/2014/02/06/Colleges/Hawaii.aspx

CLOSE