RE: UAB Forced To Make Athletic Budget Cuts
Well they have been transferring a lot of state funds to keep going. $1m in TV contract is not decisive.
Institutional transfers:
2017-18: ... $11,081,728
2016-17: ... $14,651,654
2015-16: ... $14,106,645
2014-15: ... $15,111,516
The transfers are down slightly due to a pickup in donations to restart football. Also some savings from dropping football started to kick in, with the non-football budget at $24,795,218 compared to the prior year with $32,453,663. Football appears to have accounted for $2m of the donations, and except for 2015-16 surge, almost nothing from gate (numbers are pretty flat, with or without football for ticket sales). However rights and licensing is down about $2m, and other (road games for revenue) seems to be about $1.8m. Overall football adds a net deficit of maybe $2-3m it looks like.
Donations:
2017-18: ... $5,552,809
2016-17: ... $5,852,142
2015-16: ... $3,327,715
2014-15: ... $3,205,602
The financials seem to argue for cutting about $2m off the athletic budget to fund football (probably more, as the head coach was retained on salary and not everything shut down, since it was restarted so quickly).
There really isn't a single healthy G5 program. They all lose money, some lose considerable money (as in >$20m).
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