The UA athletic department borrowed $32 million from the school last fiscal year ... It also reported a $12 million loss in revenue ... Tom Meixner recreation trail in the works.
There's a long standing argument that college athletics are needed because they are money makers, they bring in alumni support and donations, and that boosters - not tuition - pay for a lot of stuff.
So, is UA an outlier here or an indication that the above argument is incorrect? How do we compare with peer institutions in terms of salaries, expenses, and revenues?
Great questions, Chris. I have data for the FBS schools for fiscal year 2022, but not FY 2023. I'd happy to dive into 2022 and compare UA to other schools in the division and FBS, if that would be of interest.
Context and comparison are often helpful in better understanding an issue. It would be great to know how UA's spending on things compares with peer institutions to better understand if the issue is truly financial mismanagement or something else.
Please find out how much of the salaries for football and basketball are paid by donors, it is important to figure how much is donors and how much is the University to give a fair report.
There's a long standing argument that college athletics are needed because they are money makers, they bring in alumni support and donations, and that boosters - not tuition - pay for a lot of stuff.
So, is UA an outlier here or an indication that the above argument is incorrect? How do we compare with peer institutions in terms of salaries, expenses, and revenues?
Great questions, Chris. I have data for the FBS schools for fiscal year 2022, but not FY 2023. I'd happy to dive into 2022 and compare UA to other schools in the division and FBS, if that would be of interest.
Context and comparison are often helpful in better understanding an issue. It would be great to know how UA's spending on things compares with peer institutions to better understand if the issue is truly financial mismanagement or something else.
Please find out how much of the salaries for football and basketball are paid by donors, it is important to figure how much is donors and how much is the University to give a fair report.
We're waiting on a lot of records from the UA, and will publish information as it becomes available.