I heard on the radio this morning that the State is putting together its budget plan and asking departments to prepare budgets with 2%, 4%, and 6% cuts. Being a state school, how does this impact our athletic department?
This economy is starting to impact sports everywhere. The NFL was encouraging the teams to call timeout on MNF in a blowout game so that ESPN could run more commercials. The NFL owners want to expand the season by two games by converting two preseason games to regular season games. That is all about trying to generate more revenue. In racing, earlier this week, Richard Petty Motorsports is rumored to be closing its doors after this weekend. Robert Yates racing, a powerhouse organization shut its doors years ago. Roush Racing merged with the Red Sox. Sponsorship dollars are drying up. VCU MBB relies on corporate sponsorship as well.
More and more individuals are living paycheck to paycheck. I would think that individual giving has got to be trending downward. The other side of that is to increase tuition, but who can afford that? VCU relies on individual giving and I’m sure gets a portion of tuition costs.
Other colleges/universities are cutting programs – Hofstra/Northeastern dropped football. New Orleans is no longer Div I in MBB.
I sure hope someone is aggressively and strategically planning for the future of VCU sports and in particular MBB.
This economy is starting to impact sports everywhere. The NFL was encouraging the teams to call timeout on MNF in a blowout game so that ESPN could run more commercials. The NFL owners want to expand the season by two games by converting two preseason games to regular season games. That is all about trying to generate more revenue. In racing, earlier this week, Richard Petty Motorsports is rumored to be closing its doors after this weekend. Robert Yates racing, a powerhouse organization shut its doors years ago. Roush Racing merged with the Red Sox. Sponsorship dollars are drying up. VCU MBB relies on corporate sponsorship as well.
More and more individuals are living paycheck to paycheck. I would think that individual giving has got to be trending downward. The other side of that is to increase tuition, but who can afford that? VCU relies on individual giving and I’m sure gets a portion of tuition costs.
Other colleges/universities are cutting programs – Hofstra/Northeastern dropped football. New Orleans is no longer Div I in MBB.
I sure hope someone is aggressively and strategically planning for the future of VCU sports and in particular MBB.