This is mostly an article about KU's faculty/staff at war with their administration over budget cuts (mostly aimed at faculty positions and salaries). Towards a bottom of the article, it notes that both the faculty and student senates proposed saving some faculty jobs by eliminating the University's $1.5MM subsidy to the KU athletic department. Not surprising, the KU Administration turned them down. For reference, KU's total athletic budget was $95MM last year. A few takeaways:
1) Goes to show how thinly KU Athletics is currently operating, that a potential 1.6% decrease in revenue is a "non-starter", even when it's the right thing to do given the overall budget constraints of the University.
2) KU's subsidy of $1.5MM is nothing, compared to a lot of other peer institutions. There are any number of programs out there getting $10MM-$20MM of subsidies from their school and students. As we're seeing with this story out of KU, students and faculty are getting wise to it. I'm so glad we've eliminated these subsidies from our own budget and operate at a $0 subsidy position. Because, if the finance model of public universities continues where it's headed, this issue is going to come to a head. And it's going to get ugly for some of these universities and their athletic budgets. This thing is a ticking time bomb for intercollegiate athletics.
https://www.kansascity.com/news/state/kansas/article222945130.html
1) Goes to show how thinly KU Athletics is currently operating, that a potential 1.6% decrease in revenue is a "non-starter", even when it's the right thing to do given the overall budget constraints of the University.
2) KU's subsidy of $1.5MM is nothing, compared to a lot of other peer institutions. There are any number of programs out there getting $10MM-$20MM of subsidies from their school and students. As we're seeing with this story out of KU, students and faculty are getting wise to it. I'm so glad we've eliminated these subsidies from our own budget and operate at a $0 subsidy position. Because, if the finance model of public universities continues where it's headed, this issue is going to come to a head. And it's going to get ugly for some of these universities and their athletic budgets. This thing is a ticking time bomb for intercollegiate athletics.
https://www.kansascity.com/news/state/kansas/article222945130.html
