BleedGopher
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per Sid:
Gophers athletic director Mark Coyle said the university is in a great position as the new year begins, both in its finances and sports success, even if he knows the program needs to continue to grow in both areas.
Some of the things Coyle remains most proud of are the graduation rates and GPA numbers of his athletic department, which both rank extremely high nationally, especially for a public institution.
On top of that, Coyle has been pleased with the performances of his head coaches, including the new hires of Bob Motzko in men’s hockey, despite his team’s struggles, and Lindsay Whalen in women’s basketball, where she had early success in her first head coaching job.
Coyle knows there is an arms race in college sports when it comes to growing the athletic department budget and he recently broke down where the Gophers are at the beginning of 2019.
“Our budget this year is $122 million — that ranks us eighth [out of 14 teams] in the Big Ten Conference with our peers,” Coyle said. “Our budget, there is five main revenue sources for our budget. You have the Big Ten and NCAA money that comes from the Big Ten Network and NCAA. We have ticket sales and fundraising, we have licensing and then we have a miscellaneous bucket of money that comes in for our department.”
Did the 2017-18 academic year budget play out the way he expected?
“We’re still going through our internal audits, but everything appeared to hit our budget and had a balanced budget that we presented to the Board of Regents and we think we hit those numbers,” he said.
Coyle added that it’s never the goal of the Gophers athletic department to make money but just to break even with whatever expectations are set at the beginning of the year.
http://www.startribune.com/sid-hart...hallenge-on-budget-game-attendance/504271672/
Go Gophers!!
Gophers athletic director Mark Coyle said the university is in a great position as the new year begins, both in its finances and sports success, even if he knows the program needs to continue to grow in both areas.
Some of the things Coyle remains most proud of are the graduation rates and GPA numbers of his athletic department, which both rank extremely high nationally, especially for a public institution.
On top of that, Coyle has been pleased with the performances of his head coaches, including the new hires of Bob Motzko in men’s hockey, despite his team’s struggles, and Lindsay Whalen in women’s basketball, where she had early success in her first head coaching job.
Coyle knows there is an arms race in college sports when it comes to growing the athletic department budget and he recently broke down where the Gophers are at the beginning of 2019.
“Our budget this year is $122 million — that ranks us eighth [out of 14 teams] in the Big Ten Conference with our peers,” Coyle said. “Our budget, there is five main revenue sources for our budget. You have the Big Ten and NCAA money that comes from the Big Ten Network and NCAA. We have ticket sales and fundraising, we have licensing and then we have a miscellaneous bucket of money that comes in for our department.”
Did the 2017-18 academic year budget play out the way he expected?
“We’re still going through our internal audits, but everything appeared to hit our budget and had a balanced budget that we presented to the Board of Regents and we think we hit those numbers,” he said.
Coyle added that it’s never the goal of the Gophers athletic department to make money but just to break even with whatever expectations are set at the beginning of the year.
http://www.startribune.com/sid-hart...hallenge-on-budget-game-attendance/504271672/
Go Gophers!!