1/17/2012: Looks like B-School prof Dennis Howard is right about how athletic success increases athletic donations, not academic ones. The Rose Bowl win is paying off – for the athletic department. Colton Totland is reporting in the ODE that Robin Jaqua is establishing a $5 million endowment to help pay for the operating costs of the Jock Box. Under UO foundation rules this will produce about $200,000 a year. The latest data on the costs was reported by Greg Bolt in the RG back in May. UO spends about $4,000 in tutoring costs per athlete, versus about $225 for regular students. Regular students foot the bill for the athletes – about $1.83 million a year, total. Why do regular students have to pay for a building they can’t use? Ask Jim Bean, it makes perfect sense to him.
We gave the athletic department the land free, and the only thing they pay for is 2/3 of the operating costs of the building – maintenance and utilities. This endowment is just enough to cover those, so the cost to the academic side will be unchanged. Or maybe some of this money will actually be used to offset what the regular students must pay for the athlete’s tutoring. We’ll see.