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Thread: UNI athletics over budget

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    Default UNI athletics over budget

    With University of Northern Iowa strapped for cash and its tuition revenue sliding, unionized faculty members are criticizing the administration for devoting nearly $4.3 million of the campus’ general university funds to athletics in the 2023 budget year — almost $1 million more than planned.

    UNI in fiscal 2022 provided $3.5 million to athletics, which was $148,616 more than budgeted — amounting to $7.8 million total over the two years, or $1.06 million more than expected in fiscal 2022 and 2023.

    Although the UNI athletics contribution made up just 2 percent of UNI’s total budget in fiscal 2023, it accounted for nearly 28 percent of the athletics budget.

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    Default Re: UNI athletics over budget

    That's interesting.
    I wonder if attracting donors is tougher being so close to Iowa & Iowa State?

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    Default Re: UNI athletics over budget

    Quote Originally Posted by NI4NI View Post
    That's interesting.
    I wonder if attracting donors is tougher being so close to Iowa & Iowa State?
    The problem is the State of Iowa allocates the lion share of money to U of Iowa and Iowa State. They really hamstring UNI.
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    Default Re: UNI athletics over budget

    I could see a LOT of FCS programs shuttering football over the next 10 years. I am not saying that UNI's problem is football, but don't they make more revenue from basketball than football?

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    Default Re: UNI athletics over budget

    Quote Originally Posted by Sun Bison View Post
    I could see a LOT of FCS programs shuttering football over the next 10 years. I am not saying that UNI's problem is football, but don't they make more revenue from basketball than football?
    I've been thinking about this lately and I agree I think a lot of schools shutdown football in the next 10 years and if/when the FBS split happens any realignment fallout from that will be a huge catalyst for some schools. I don't think it will only be the worst programs or also-rans.

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    Default Re: UNI athletics over budget

    Quote Originally Posted by Sun Bison View Post
    I could see a LOT of FCS programs shuttering football over the next 10 years. I am not saying that UNI's problem is football, but don't they make more revenue from basketball than football?
    I think the ncaa should make it a requirement to maintain a profitable athletic program to remain a d1 program. If you don't make money, you should be a d2 or d3 program. I also think the ncaa should allow d2 and d3 schools to play d1 basketball...similar to hockey.

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    Default Re: UNI athletics over budget

    Quote Originally Posted by yellowstreak View Post
    I think the ncaa should make it a requirement to maintain a profitable athletic program to remain a d1 program. If you don't make money, you should be a d2 or d3 program. I also think the ncaa should allow d2 and d3 schools to play d1 basketball...similar to hockey.
    None of them make money. They are not for profit enterprises.
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    Default Re: UNI athletics over budget

    Quote Originally Posted by bisonaudit View Post
    None of them make money. They are not for profit enterprises.
    Not exactly:

    https://www.on3.com/news/usa-today-r...tics-programs/

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    Default Re: UNI athletics over budget

    Quote Originally Posted by GCWaters View Post
    Revenue is not profit.
    I have the honor to be Your Obedient Servant - B.Aud

    We all live in stories... It seems to me that a definition of any living vibrant society is that you constantly question those stories... The argument itself is freedom. It's not that you come to a conclusion about it. Through that argument you change your mind sometimes... That's how societies grow. When you can't retell for yourself the stories of your life then you live in a prison... Somebody else controls the story. - S. Rushdie

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    Default Re: UNI athletics over budget

    Quote Originally Posted by bisonaudit View Post
    Revenue is not profit.
    Isn't profit the difference between revenue and expenses?

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