Numbers never lie

UB Athletics budget breakdown

By BEN TARHAN
On January 27, 2013

 

UB has a huge financial undertaking every year. The school's administration consistently has to deal with huge figures and find a way to give students the most for their money while saving for the future.

Balancing the athletic budget is a huge part of that. In the 2011-12 academic year, the school made $1 billion and spent $870.8 million. Athletics alone accounted for $27.5 million in revenue and expenses, breaking even by only $2,000.

Although the breakdown of that money can look daunting, The Spectrum will be running a series of articles on the athletic budget to help you better understand where the money that runs varsity teams comes from and goes.

All numbers below are from the 2011-12 academic year unless otherwise noted.

Football

Despite the football team's lackluster 2011 season, it still led all sports in ticket sales. The squad raked in $776,597, almost $600,000 higher than the next highest total. Student tickets are not counted in that number because they are given to students as a part of their student fees.

Other numbers include:

$1.2 million from student fees (the athletic fee seen on your bill)

$1 million from participation in away games

$31,755 "directly from individuals, corporations, associations, foundations, clubs or other organizations that are designated, restricted or unrestricted by the donor for the operation of the athletics program." This number includes "dealer-provided automobiles, apparel and soft-drink products for use by staff and team."

$2.5 million in direct institutional support

$70,876 from revenue of game programs, novelties, food, other concessions and parking revenues

$206,733 from "corporate sponsorships, licensing, sales of advertisements, trademarks and royalties"

$7,196 from sports camps and clinics

The total operating revenue for the football team adds up to $6 million while total expenses add up to $5.9 million. The football team made just $21,025 in the 2011 season.

The football team splits $1.2 million between 12 coaches: $338,000 for head coach Jeff Quinn and $901,738 for 11 assistant coaches.

Men's and women's basketball

The men's basketball team makes the most money out of ticket sales for any team besides football, while women's basketball leads all women's sports. The men's team received $191,610 in ticket sales in 2011-12 while the women received $85,345.

Student fees:

Men - $235,437 Women - $624,734

Revenue from away games:

Men - $147,453 Women - $48,000

Contributions from individuals:

Men - $8,782 Women - $0

Direct Institutional support:

Men - $577,748 Women - $313,349

Concessions and parking:

Men - $11,847 Women - $4,817

Royalties, licensing, advertisements and sponsorships:

Men - $118,694 Women - $118,694

Sports camp revenues:

Men - $43,133 Women - $5,987

Total operating revenue:

Men - $1.4 million Women - $1.2 million

Coaching salaries:

Men - $518,146 for four coaches. ($269,605 for head coach Reggie Witherspoon, $248,541 for three assistants.)

Women - $352,459 for four coaches ($160,814 for former head coach Linda Hill-MacDonald, $191,645 for three assistants)

Other notable numbers

Revenue

Total ticket sale revenue - $1 million

Student fees - $7.8 million

Direct institutional support - $10.2 million

NCAA/Conference distributions - $1.6 million

Expenses

Athletic student aid - $6.3 million

The average cost of a full athletic grant for an in-state student is $18,747, while the average cost for an out-of-state student is $27,527. In-state grants are $2,875 less then full tuition, while out-of-state grants are $1,669.

Coaching salaries - $3.7 million

Coaching compensation paid by a third party - $158,325

Support staff/administrative salaries - $4.4 million

Recruiting - $409,401

Team travel - $2.3 million

Equipment, uniforms and supplies - $3.4 million

Gameday expenses (other then travel, i.e. officials, security, event staff) - $470,050

Sports camps - $304,981

Spirit groups - $11,295

Memberships and dues - $288,266

Key Numbers

The football team brings in more money in ticket sales ($776,597) than every other team combined ($283,369).

Although the football team gets $1.2 million from student fees, the women's teams still get $1.7 million more than the men's teams.

The football team gets more institutional support ($2.5 million) than every women's team combined ($1.7 million). The university also gives athletics $3.4 million that is not allocated to any specific team.

The budget includes categories for "Other operating revenue" and "Other operating expenses." Other operating revenue is listed at $309,273 but Other operating expenses is listed at $2.5 million.

The athletic department receives no direct governmental support.

The athletic department paid $410,281 to visiting institutions while getting paid $1.2 million.

 

Email: sports@ubspectrum.com


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