The
expected $3.5 million deficit next year for the UH athletics department
is set to continue the trend of underfunding that’s led to a deficit in
11 of the last 13 years, according to a report released by the school
earlier this month.
“It
underlines the fundamental problem,” athletics director Ben Jay said.
“Structurally, we have not been funded to the level that everybody else
is that we compare ourselves to.”
The schools that UH compares itself to
are those in both the Mountain West and Big West conferences. At the
request of UH Mānoa Chancellor Robert Bley-Vroman, Jay compared the
finances of the department with those other programs and assessed the
university’s bottom line for last year and the future.
When the undefeated UH football team played in the Sugar
Bowl against Georgia in 2008, the athletic department ended the year in a
rare surplus. Although the Warriors fell to the Bulldogs, it marked one
of just two times the department ended the year without a deficit in
the past decade.
However, through a $4.4 million payout
for the high stakes national matchup against Georgia, the success on
the field only managed to mask the athletic department’s financial
struggles.
“Yes, the Sugar Bowl brought in
money, but if we had not been in the 2008 Sugar Bowl, this department
would have lost money,” Jay said.
The surplus that year was $295,243,
according to the university, meaning that without the selection to a
Bowl Championship Series game, the department would have been nearly $4
million in deficit. The following year, it lost over $2.6 million to
return to the trend of deficits that stems from underfunding, according
to Jay.
No magic bullet
Football has statistically been the
university’s biggest revenue sport, and two of the Warriors’ most
successful seasons in the last decade coincided with profitable years
for the athletic department. However, Jay said otherwise when asked
whether consistent football success and a full Aloha Stadium would solve
the department’s “critical” financial state.
“If we had 10,000 more paying fans a
game, basically over that seven-game home schedule, you’re probably
coming close to $1.4 to $1.5 million,” Jay said. “It just shows you that
even 10,000 more fans doesn’t solve the budget deficit.”
No comments:
Post a Comment