11/5/2011: Details in this Steve Duin column in the Oregonian, coming out in print Sunday: The memo sets out the hoops the university jumps through to maintain the illusion (that athletics is self-supporting). The administration, for example, generously “allows” athletics to bank revenue from above-ground, off-street parking in designated lots…
Posts tagged as “athletics subsidy”
10/20/2011: Institutional Research reports that last year the UO Foundation spent ~$6 million on Academic, merit, and need scholarships. Puts that $3.2 million overhead subsidy for athletics into perspective. Oh yeah, the Foundation spent almost $9 million on athletic scholarships. And of course the athletic department spent $2 million of…
10/19/2011: I’m still getting the runaround on how the athletic department’s overhead assessment got cut from 8% to 3%. Jamie Moffitt, Frances Dyke, Brad Shelton, and Laura Hubbard are all claiming they have no documentation on what was supposed to be an “Auditable” process. Actually, Moffitt is being a little…
10/18/2011: I’m tired of this too, but there’s big money at stake: About $3.2 million a year. More than the $2.8 million faculty raises will cost, more than the $2.4 million Frances Dyke spent remodeling Johnson Hall, more than the $2 million we spend on the Jock Box, more than…
10/17/2011: (revised) Two weeks ago we wrote how Duck athletics pays just half what other UO units pay towards UO’s administrative costs. How did this happen? In late 2007 a UO task force chaired by AVP Laura Hubbard recommended all “Auxiliary” units (a term which is explicitly defined to include…
pays half what other UO activities pay towards UO’s administrative costs: Guess who has to pay the rest of these costs for them. And what do they do with this ~$3 million subsidy? First thing, everybody gets a car! Then more fat raises. 10/6/2011. As someone pointed out, the…
7/27/2011: George Schroeder of the RG calls for more of it, regarding the NCAA investigation. The Maryland Board of Regents wants more too, after they discover their athletic department is a few million in the red – about as much as Oregon would be if not for the costs Mullens…
7/24/2011: Ron Mullens and his Executive Senior Associate Athletic Director for Finance and Administration Jamie Moffit brag about “zero-based budgeting” for the athletic department in today’s George Schroeder piece. Where did I last hear about zero-based budgeting? Oh, yeah, right. Jimmy Carter. Get real. The AD budget has grown 50%…
7/22/2011: That’s the question a former Board of Regents president is asking, in Iowa: All university revenue should come into one pot, and every department should have to justify its spending. The University of Iowa takes in $66 million in athletic revenue, but that doesn’t mean the department should have…