The Univ. of Texas finished the '15-16 academic year "with an eye-popping" $6.5M surplus, according to Brian Davis of the AUSTIN AMERICAN-STATESMAN. Just two years ago, the athletic department was $2.8M "in the red," marking the "first time UT’s athletic department had lost money" since '99-'00. UT in '15-16 brought in almost $188M in revenue and had expenses of $181.5M, which "includes transferring a record" $10M into the university’s coffers. Only a "handful of schools transfer anything to the academic side." UT’s football program alone brought in $127.9M and spent only $28.7M -- leaving $99.2M to "fund the school’s other 19 varsity sports." Men’s basketball was the "only other sport to generate a surplus [$8.4M]." Baseball "usually finishes in the positive, but the program showed a $97,775 loss during former coach Augie Garrido’s last season." Sources said that overall, this news should be "well received" by UT President Greg Fenves, someone who "trusts and still has high confidence" in interim AD Mike Perrin. Texas saw "dramatic jumps in ticket sales" during the '15-16 academic year. The school had $60.9M in ticket sales "across the board." Last summer, Perrin "broke the school’s contract with The Aspire Group, a 32-person outbound sales calling team that charged UT a monthly fee of $26,666" (AUSTIN AMERICAN-STATESMAN, 1/11).
Arizona State VP/Athletics Ray Anderson in just three years has "already carved his indelible signature on the face of the department," according to Craig Morgan of ARIZONASPORTS.com. Anderson "has overseen" the $256M renovation of Sun Devil Stadium and negotiated an eight-year, $38M apparel agreement with adidas, "moving the school away" from Nike. Anderson also has taken the department's multimedia rights "out of the hands of IMG and brought them in-house." Additionally, his list of accomplishments includes adding a donation of $1M to the $4M that adidas fronted to "restart the men's tennis program and build a new tennis facility." He has "announced an exclusive negotiation agreement between the Coyotes and Catellus Development Corp., ASU’s athletic facilities district developer, to work towards the finalization of a commercial development project within the district along Tempe Town Lake and build two new arenas that would house the Coyotes and ASU hockey." Anderson also "added four varsity sports: men's hockey, women's lacrosse and triathlon, and men's tennis." Anderson: "The thing we are most proud of is that in an environment where most schools are finding reasons to cut varsity programs or resisting adding them because it takes resources, commitment and will, we’ve actually added four programs." Anderson "knows some critics wonder why he pays so much attention to Olympic sports when the cash cows of the department, football and men’s basketball, have struggled to establish consistent success," but it is an "opinion he calls shortsighted." Anderson said that ASU President Michael Crow’s "vision for, and commitment to public and private partnerships is what’s fueling the department’s expansion." Anderson: "You have to have the confidence to be able to go out and financially support your case, and we’ve been able to do that" (ARIZONASPORTS.com, 1/9).
Iowa State's Jamie Pollard, the "third longest tenured" AD in the Big 12, yesterday received a contract extension through '24, according to Dylan Montz of the Cedar Rapids GAZETTE. Pollard has been AD since '05 (Cedar Rapids GAZETTE, 1/11). In Des Moines, Randy Peterson notes Pollard has "hired good coaches" during his time at ISU, while a "lot of money has been raised in his first 11 years on the job." Facilities "border on outstanding," and he is "not only respected within the Big 12 Conference, but also nationally" (DES MOINES REGISTER, 1/11).
NOT HIS FIRST RODEO: In Pittsburgh, Brian Batko notes Pitt Vice Chancellor of Research & Compliance Randy Juhl "will serve" as acting AD as the school moves on from Scott Barnes, who is joining Oregon State. Juhl already had been "appointed chair of a search committee tasked with helping to find Barnes’ full-time replacement, and now he will have the same temporary position" as he did in '15 after the dismissal of Steve Pederson (PITTSBURGH POST-GAZETTE, 1/11).
TIGER TRACK: In Louisiana, Sean Isabella notes Grambling State yesterday introduced Paul Bryant as the new AD for a school that has "been void of a permanent athletic leader" since '14. Bryant had been South Carolina State AD the past two years. He "agreed to a two-year contract that will pay $160,000 annually." Although yesterday's presser was Bryant's "first major public appearance," his "first day on the job" was Jan. 1 (Monroe NEWS-STAR, 1/11).
BUZZ WORDS: In Sacramento, Joe Davidson notes former Sacramento State football coach John Volek "has returned" to the school as interim AD. Bill Macriss, who had been the school's AD since March '15, "has been reassigned within the department." SSU "has hired a search firm" to find Macriss' permanent replacement (SACRAMENTO BEE, 1/11).