Quote:
Originally Posted by MSULordyoda
Again, you fail to understand, the athletic budget is SEPARATE from the UNIVERSITY budget. Read it carefully. The UNIVERSITY gets the parking and concessions revenue from all athletic events. (i.e. a revenue source for the University, not the athletic department.) The University gets 1% off the top for all ticket revenue. So yes, the University general fund receives a fair amount of money from the athletic department. The athletic department is also responsible for the money that the scholarship athletes use.
And if you look further into the series that Rexrode did, you'd find that if the athletic department runs a short fall, they have to figure out how to make it up. The University budget doesn't come bail them out.
So again, how am I wrong regardless of the fact that the Athletic Budget has run deficits? We're talking two separate pots of money.
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I understand perfectly well. The claim was made that the president of the university should be involved in the dispute over bad officiating because Athletics was the 2d largest source of revenue for the univeristy other than tuition. I posted facts from the university budget office with dollar amounts showing that contracts and grants are number 2.
If Athletics is running deficits, and if as you claim its budget is entirely separate from the general fund, then it is impossible that Athletics is a major source of revenue for the university.
If you think parking, concessions, and 1% of ticket sales constitute a major source of revenue for the university general fund, please cite dollar amounts.
MSU is a billion dollar a year enterprise. Athletics simply does not contribute a significant portion of general fund revenue, if at all.
For the 2008-2009 school year,
MSU's sources of general fund revenue were:
Tuition and Fees: 553M
Appropriations: 299M
Indirect Cost Recovery: 42M
Investment Income: 35M
Other: 11M
Source:
http://dev.opb.msu.edu/msuinfo/documents/dataDigest.pdf
Show me dollar amounts and a trusted source demonstrating that Athletics contributes significant revenue for the general fund for this billion dollar enterprise.