https://www.knoxnews.com/story/spor...ium=email&utm_campaign=baseline&utm_term=hero
A couple of noted comments:
The athletic department is evaluating its budget for the next fiscal year — the current fiscal year ends June 30 — and does “anticipate reductions” in spending in some areas, Satkowiak said.
The athletic department had $10.8 million in its reserve fund as of last June, and Fulmer stated then a goal to increase the department’s reserve so it would be better prepared for any potential “hard times.”
Football is the cash cow that helps cover those paychecks. Tennessee’s football program was credited with $96.1 million in revenue for the 2019 fiscal year, compared to $52.7 million in expenses.
If Tennessee aims for spending reductions, areas like recruiting, equipment, game day operations, marketing and promotion and travel expenses might be areas where UT can rein in costs.
FYI
GBO
Ma
A couple of noted comments:
The athletic department is evaluating its budget for the next fiscal year — the current fiscal year ends June 30 — and does “anticipate reductions” in spending in some areas, Satkowiak said.
The athletic department had $10.8 million in its reserve fund as of last June, and Fulmer stated then a goal to increase the department’s reserve so it would be better prepared for any potential “hard times.”
Football is the cash cow that helps cover those paychecks. Tennessee’s football program was credited with $96.1 million in revenue for the 2019 fiscal year, compared to $52.7 million in expenses.
If Tennessee aims for spending reductions, areas like recruiting, equipment, game day operations, marketing and promotion and travel expenses might be areas where UT can rein in costs.
FYI
GBO
Ma
