Ath/Dept. will owe $11 million interest next year (Gilbert,DNJ.com)

#1
volfan2024

volfan2024

“Wanna play ball scarecrow “
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#1
#2
#2
what a ridiculous way to end the article. Perhaps Mike Hamilton should just stop writing checks to the academic side of the university for the millions his athletic department is actually making the university.
 
#4
#4
i think this guy just has no clue about how athletic departments are run or how to be amiable to relieved coaching legends.........what a moron,.......... typical modern journalism, im glad theyre all going bankrupt!
 
#6
#6
volfanbill said:
what a ridiculous way to end the article. Perhaps Mike Hamilton should just stop writing checks to the academic side of the university for the millions his athletic department is actually making the university.
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Apart from a token amount of scholarship money (much of which goes to band members anyway) and some sort of nebulous benefit from goodwill, the university doesn't get much that benefit from the athletic department. They keep their own money.

You can debate how much the goodwill and publicity generated by sports are worth, but as far as actual cash goes, there's not that much flowing to the rest of the UTK campus.
 
#8
#8
Whatever. They need to let UT handle their own business. Fulmer could raise alot more than the 37,000 paid to him in 1 fundraising dinner.
 
#10
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Vercingetorix said:
Apart from a token amount of scholarship money (much of which goes to band members anyway) and some sort of nebulous benefit from goodwill, the university doesn't get much that benefit from the athletic department. They keep their own money.

You can debate how much the goodwill and publicity generated by sports are worth, but as far as actual cash goes, there's not that much flowing to the rest of the UTK campus.
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Wrong. Hamilton has been cutting checks to the university each year. Not only is the UT athletic department able to run itself with no help from the university, they have taken profits and put them into areas of the university that have little to nothing to do with athletics.
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#11
#11
volfanbill said:
Wrong. Hamilton has been cutting checks to the university each year. Not only is the UT athletic department able to run itself with no help from the university, they have taken profits and put them into areas of the university that have little to nothing to do with athletics.
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Link, please. To a check that isn't the size of a fig leaf, relative to the amount of money that the athletic department brings in. I'm well aware that they make some token contributions to the academic side, but that's all it is. The athletic department isn't a meaningful source of revenue to the rest of the campus.

If that's not the case, then where's the athletic department been during this latest round of budget cuts? Why are we still planning to expand athletic facilities at the same time that we're cutting academic programs? When I was a freshman, they had to cut library hours back at the same time that the AD was building an indoor practice field, and everybody justified it because "the budgets are completely separate." Nothing has changed since then.

Maybe we disagree on what constitutes a "token" amount. But considering how much money comes through Mike Hamilton's hands, the rest of the campus gets a pittance.
 
#13
#13
I don't have any specific links because I'm too lazy to look them up, but the AD has helped by providing millions to parking garages and residence halls for one. Obviously, both are used for athletes and athletic events, but they also help the rest of the university.

I also want to add that I'm 99% sure I read where ticket prices aren't going up next year. Again too lazy to verify. Google is your friend.
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#14
#14
volfanbill said:
I don't have any specific links because I'm too lazy to look them up, but the AD has helped by providing millions to parking garages and residence halls for one. Obviously, both are used for athletes and athletic events, but they also help the rest of the university.

I also want to add that I'm 99% sure I read where ticket prices aren't going up next year. Again too lazy to verify. Google is your friend.
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I just got a VASF reminder in the mail today (with Kiffin on the front) which specifically said that the prices were not going up. And that there will be 1500 less seats and that I better hurry because demand will be high.
 
#16
#16
volfanbill said:
I don't have any specific links because I'm too lazy to look them up, but the AD has helped by providing millions to parking garages and residence halls for one. Obviously, both are used for athletes and athletic events, but they also help the rest of the university.

I also want to add that I'm 99% sure I read where ticket prices aren't going up next year. Again too lazy to verify. Google is your friend.
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Well, yes. They certainly help pay for parking garages, dorms, and the band. They help pay for the things that benefit the athletic department. How generous.

The Knoxville campus would be fine if the athletic department closed up tomorrow. Well, maybe not fine, but no worse off than they already are. It sure wouldn't have any effect on academics, libraries, and the other things that a university is supposed to be in business for.
 
#18
#18
Heard on the radio this past football season that the AD also donates 16000 football tickets which are then turned into about $6 million to the academic department. That's a nice sum of money.
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#19
#19
Vercingetorix said:
If that's not the case, then where's the athletic department been during this latest round of budget cuts? Why are we still planning to expand athletic facilities at the same time that we're cutting academic programs?
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Hello I am basically new here, but did want to post on this. The only reason that the new stadium renovations went ahead was that we had signed the contract with Rentenbach way before all the cutbacks. They did stop the second phase to the Arena as well as the Tennis Center. They cut all overtime and each dept within has made cuts. Everyone on Campus is making cuts and it is getting really rough.

I do think they are still alot of things that could and should be cut from every departments budget.

It kills me how each dept gets a certain amount of monies each year and if they don't spend it they lose it. So goes new computers every three years along with new furniture...The list goes on. Sure the A.D. has theirs but so does every other dept.
 
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#20
#20
govolsman said:
Heard on the radio this past football season that the AD also donates 16000 football tickets which are then turned into about $6 million to the academic department. That's a nice sum of money.
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How magananimous of them to donate tickets to the institution they have to thank for their existence.
 
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#25
#25
tm3 said:
i was told by a faculty member, who was in a position to know.
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I was on campus at the time, and I don't remember anything about the AD contributing significantly to the library. There's certainly nothing about it online.

Besides, even if that were true, Hodges cost $29 million to build, so $8 million is hardly "paying for the library." And I certainly can't find any evidence of a non-athletics-related building or major project that the AD has funded since then -- in spite of the fact that revenues are out the roof compared to 20 years ago. The AD exists to fund itself.
 
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