[gatortalk] Re: FW: [gatornews] [SUN]: Athletics giving $6M from budget back to UF

Thu, 25 Jun 2009 06:02:39 -0700

Randy - please stop talking dirty - right now!
 
-------- Original Message --------
Subject: [gatortalk] Re: FW: [gatornews] [SUN]: Athletics giving $6M
from budget back to UF
From: "Gatornet Admin" <gator...@comcast.net>
Date: Thu, June 25, 2009 7:47 am
To: <Gatortalk@googlegroups.com>

Do we need to start a new list for the bi-lingual's? :)
 
Randy
 
----- Original Message -----
From: Shane Ford
Sent: Wednesday, June 24, 2009 4:13 PM
Subject: [gatortalk] Re: FW: [gatornews] [SUN]: Athletics giving $6M from budget back to UF

¡Oh! Bien, pensé que La Habana ha estado en la ciudad de Miami durante mucho tiempo ahora.  Aprendo algo nuevo diario.  
 
Shane Ford
vaya cocodrilos!
 
-------------- Original message from "Oliver Barry" <oli...@bobparks.com>: --------------

Si, si Miami todavia esta en Florida.  Y tambien pronto estare Havana!
 
Oliver Barry CRS,GRI
Real Estate Broker
Bob Parks Realty
1517 Hunt Club Blvd
Gallatin TN 37066
Phone: 615-826-4040
Fax: 615-822-2027
Mobile: 615-972-4239
 
 
From: Gatortalk@googlegroups.com [mailto:Gatortalk@googlegroups.com] On Behalf Of Shane Ford
Sent: Tuesday, June 23, 2009 8:59 PM
To: Gatortalk@googlegroups.com
Subject: [gatortalk] Re: FW: [gatornews] [SUN]: Athletics giving $6M from budget back to UF
 
Oliver,
I don' t entiende.  ¿Pensé que la ciudad de Miami estaba no más en el estado de la Florida?
Adios,
Shane Ford
GO GATORS!!!!!
----- Original Message -----

From: Oliver Barry

Sent: Tuesday, June 23, 2009 4:02 PM
Subject: [gatortalk] FW: [gatornews] [SUN]: Athletics giving $6M from budget back to UF
 
 
Contrast this with the Miami Herald/Palm Beach Post report.  From it you’d think the University is about broke.  Even the AP report is positive.
They should be ashamed putting out a paper like that in the State of Florida!  . 
 
Oliver Barry CRS,GRI
Real Estate Broker
Bob Parks Realty
1517 Hunt Club Blvd
Gallatin TN 37066
Phone: 615-826-4040
Fax: 615-822-2027
Mobile: 615-972-4239
 
 
From: gatorn...@googlegroups.com [mailto:gatorn...@googlegroups.com] On Behalf Of Shane Ford
Sent: Tuesday, June 23, 2009 7:45 AM
To: GatorNEWS
Subject: [gatornews] [SUN]: Athletics giving $6M from budget back to UF
 

Athletics giving $6M from budget back to UF

Increase in football ticket prices delayed; new television contracts will bring in millions in revenue.


By Nathan Crabbe – Gainesville SUN

Published: Tuesday, June 23, 2009 at 6:01 a.m.
Last Modified: Monday, June 22, 2009 at 11:52 p.m.
 
In a nod to tough economic times, the University of Florida's Athletic Association is cutting discretionary spending and giving more money back to the university as a whole.
But the Athletic Association's operating expenses are still increasing 7 percent next year, in part because of rising scholarship and coaches' salaries.
The association's board on Monday unanimously passed a budget of about $90 million. It includes $6 million being transferred to the university from the athletic budget, money that is being used to help soften the blow of state funding cuts.
"The symbiotic relationship between athletics and the university was never more present than it was this year," UF President Bernie Machen said. "They stepped up and made a commitment to support the university in its time of need."
The University Athletic Association oversees UF's intercollegiate athletic program but operates as a separate nonprofit with its own budget. The upcoming year's budget shows that sports continue to thrive even in a lingering recession.
While the association is delaying an increase in football ticket prices and expects fewer season tickets for men's basketball, new television contracts will mean millions in new revenue.
Nearly every sport but football and men's basketball cut their budget by about 10 percent, reducing costs for equipment, travel and other expenses. Football and basketball are responsible for nearly all of the association's revenue.
At the same time, a tuition increase and the start of a women's lacrosse program mean higher scholarship expenses. Contractual obligations, such as one-time incentives for coaches, and two new positions are increasing salary costs by nearly $900,000. That figure doesn't include a possible new contract with head football coach Urban Meyer.
Athletic Director Jeremy Foley said the association also must pay increasing utility costs and pension obligations.
"There are some things in the budget that you can't cut," he said.
Foley said the association will benefit from the start of television deals beginning this year. Revenue is projected to increase by more than $8.1 million, thanks in large part to the Southeastern Conference's new television contract and UF's agreement with Fox-owned Sun Sports and the sports marketing company IMG.
Yet, revenue from football games is projected to drop $600,000, in part because the economic downturn delayed a planned ticket price increase. Gator basketball game revenue is projected to fall $500,000 from a drop in season ticket sales.
Counting the upcoming year's contribution, the Athletic Association will have given more than $51 million to the rest of the university since 1990. The figure has fluctuated from year to year, increasing to an all-time high of nearly $9.6 million in 2007-08 before falling in the current year.
Machen had said he wanted a more predictable amount to be transferred each year. But Foley said the figure depends on athletic revenue and the university's needs in a particular year.
"That's negotiated every year," he said.
 

<BR


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