Florida’s 2009-10 athletic budget tops $89 million
June 22, 2009 by Mat Houchens
Filed under Other
Florida’s athletic budget proved to be recession proof, increasing $5.9 million for 2009-10.
The budget, passed Monday, will total more than $89 million despite a 10 percent cut in nearly every sport. Football and men’s basketball saw budget increases.
Though the budget increased, the school’s athletic department – the University Athletic Association – actually cut $2.9 million from last year’s $83 million budget.
However, those cuts were offset by a $6 million contribution to the university, a tuition raise (the UAA pays for its athletic scholarships), coaching salary incentives and the addition of women’s lacrosse.
Full story at SI
It doesn’t appear this includes Meyer’s income into the equation yet as Jeremy Foley, UF Athletic director had this to say:
“When the timing is right, we’ll sit down with Urban,” Foley said. “We understand the sensitivity of it all. He’s a highly valued employee. We’ve got to take care of our future. But we’ll determine that timing.”
I for one don’t want to wait too long. It’s interesting that we came out with this kind of budget with the economy the way it si but UF isn’t a school that’s really strapped for cash. The schools revenue is projected to top $90 million due to it’s contracts with CBS and ESPN. All in all, this sounds like good news so far and doesn’t look like it will play a role in any downfall of any Gator Sports.
|
About Mat: Mat is the owner and founder of Title Town FL. He brings his web admin experience from several previous popular sports websites. With a fresh take on how websites should have news available, he makes it a fresh read on every page. |
Related posts:
