- Experts Warn 2020 Tokyo Olympics Could Cost $30B
by Mari Yamaguchi September 2016
The price tag of the 2020 Tokyo Olympics could exceed $30 billion unless drastic cost-cutting measures are taken and several key venues are relocated, an expert panel warned Thursday in the latest blow to Japanese organizers.
- Increase Student Fees to Balance Athletics Budget?
by Chad Sokol September 2016
Washington State University's new president has introduced a plan to balance the budget of the school's insolvent athletics department. But a piece of that plan has students in an uproar. Administrators have asked students to consider paying an additional $50 per semester to help bring the athletics department into the black. The department has been operating at a $13 million deficit since 2014, partly because of higher coaching salaries, an expensive new football facility and lower-than-projected TV revenue. "With the athletics department messing up and not being able to budget properly, it's not fair for students to have to pay for that," said Jordyn Beckford, a senator in the student government. "No student wants to pay more. With tuition, books, mandatory fees, it's already really expensive."
- Funding Rule Forces Suspension of Senior Fitness
by Jacob Tierney September 2016
Classes like Zumba, water aerobics and Silver Sneakers at Westmoreland County's 13 senior centers have been suspended as the Area Agency on Aging waits for clarification on a new regulation that will stop it from spending federal money on its most popular exercise offerings. The rule that takes effect next month states centers can use federal money only for "evidence-based" programs, which have been proved by peer-reviewed scientific research to have positive health impacts. The list of eligible programs is relatively small and does not include fitness favorites like Zumba.
- Wyoming AD Explains Athletics Cuts
by Thaddeus Mast September 2016
All University of Wyoming departments and units are facing budget reductions, including the athletics department. While some people state the importance of keeping the sports programs funded, others argue it should be cut further. The Financial Crisis Advisory Committee, a group created to analyze and create a possible plan for Fiscal Year 2018 budget reductions, heard Athletics Director Tom
- Colleges Using Athletics to Boost Profile
by The Buffalo News August 2016
In today's environment of rising costs, soaring student debt and declining enrollment, college and university leaders are sometimes finding they have to explain the need for what has become an "arms race" among athletic departments.
- Committee Works to Keep Aquatic Center on Budget
by Monica Kreber August 2016
Committee members have a wish list of what they want to see in Dorchester District 2's future aquatic center though they're going to need to condense that list to keep everything within budget.
- New Mexico Athletics Department Deep in the Red
by Geoff Grammer August 2016
The University of New Mexico athletics department recorded a deficit of $1.54 million for the fiscal year that ended June 30 — the most red ink in a decade as athletics missed its ticket revenue projections by nearly $1 million. "We've got to do a better job of managing our funds, but we also need help," said Vice President for Athletics Paul Krebs. "We need help from our fans to continue to support us and I think we're going to have to continue discussions with the university. Are there other ways that we can get additional support like our peers do?" Asking for more support from the rest of the cash-strapped university could be a challenge. "We're not happy," said UNM President Robert G. Frank, who for the past two years has pledged athletics would make budget. "That's a concerning number and we're going to have to work harder to fix it."
- District Budget Includes Millions for Pool, Gym
by Russell Lissau July 2016
Money for a new swimming pool at Libertyville High School and a second gym at Vernon Hills High is included in District 128's tentatively approved $98.3 million budget, but the projects' fates aren't clear because of other financial concerns.
- Wright State Athletic Budget Deficit Cause for Debate
by Laura A. Bischoff July 2016
Wright State spends less per athlete than any Ohio public university offering Division I sports, but paltry revenue totals have caused its athletic department to operate at a deficit for nine straight years.
- NMSU Equestrian Team Cut Due to Budget Woes
by Geoff Grammer July 2016
The latest rounds of budget cuts at New Mexico State University proved to be an obstacle the Aggies' equestrian team simply could not clear. The women's varsity sport that has produced 10 All-Americans in its 11 years of existence and had 26 student- athletes on its roster last year - sharing the equivalence of 15 full scholarships - has been eliminated. "It's the last option you ever want to look at," NMSU athletic director Mario Moccia said. "We talk religiously here, even with all the budget issues we've had since I walked in the door, that our main goal has been to have the student-athletes feel the least impact of the budget cuts."