banner
North Carolina

UNC athletics budget reveals narrow profit hopes for 2011-12

Posted August 2, 2011

A breakdown of the University of North Carolina athletics department proposed budget for the 2011-12 year reveals an estimated $200,000 operating profit.

The next fiscal year’s budget summary projects $72.4 million in revenue with $72.2 million in expenses according to the skeleton document given to WRAL News by UNC Tuesday.

The biggest projected sources of revenue are ticket sales and radio/television contracts which are expected to account for nearly 30 and 24 percent, respectively.

The document, which was presented on a spreadsheet with no mention of sub-category spending or source details, indicated that staff salaries and benefits make up the single biggest expense for the athletics department at UNC. This year’s projected budget estimates that over $23 million will be paid towards salary and benefits accounting for more than 32 percent of money going out.

UNC will be on the hook for paying two head football coaches this season, but UNC spokesperson Kevin Best says that they have accounted for that. According to Best, recently fired head coach Butch Davis will be making less money this year in a buyout than if he was retained which means theoretically there is room to increase the pay for interim head coach Everett Withers.

According to public records, Withers made $330,000 per year in each of his first two seasons as a defensive coach. Withers’ contract is currently being reworked to reflect the promotion and is expected to be announced in the coming days.

The football program is also looking for another coach to fill in at the vacated linebackers sport after Art Kaufman was promoted to defensive coordinator.

Davis’ buyout was not specifically figured into the outlined 2011-12 budget, but will be in future years. Davis is scheduled to make $590,000 in each of the next three seasons so long as he does not coach in the college or professional ranks in that time period. UNC will not owe Davis if he accepts a coaching position that earns him more than $590,000 per year.

Best said that the athletic department is self-sustaining and no taxpayer money is involved. He also said that the athletic department would only dip into the reserve fund if they had to and there is no way of knowing if or when that might happen.

UNC athletic's boosters, the Rams Club, provides money solely for facilities and scholarships.

The new $70 million Student-Athlete Center for Excellence, which also hosts The Blue Zone, will open this season in the east end zone at no cost to the athletics department. According to John Montgomery, executive director of the Rams Club, $35 million dollars will come from private donors and the other $35 million will come from Blue Zone ticket sales. General ticket sales will go to the athletics department.

According to Best, the football and basketball programs each account for 29 percent of all athletic department revenue.

Student fees are expected to make up nearly 10 percent of the athletic programs' revenue, bringing in more than $7 million. Direct sport expenses, which were not summarized on the budget spreadsheet, are anticipated to cost the department $12.4 million – or 17 percent of all expenses.

A category labeled “other” is budgeted to bring in nearly $8 million while costing less than $3.5 million. What that "other" might be was not detailed in the doculent released by the athletics department.

41 Comments

This story is closed for comments.

Oldest First
View all
  • GunnyGoesArrrgh Aug 3, 1:57 p.m.

    I tried to buy four UNC season football tickets last year, and asked where I would be seated... View More

    — Posted by kdawg

    Wow! I've never had season tickets for anything, so I don't know if the way you were treated is "normal", but I'd feel exactly like you did, that's for sure. Sheesh. When you're going to part with that much hard-earned money, you have every right to know where your seats will be.

  • TruthBKnown Banned Again02 Aug 3, 1:28 p.m.

    Carolina is one of about five that make a profit. What is states profit!

    — Posted by jcd241959

    State actually does pretty well. It's one of the few things that Lee Fowler got right. Problem is, the only reason State does so well financially is because we weren't spending enough money in areas that would help us excel in athletics. In other words, Fowlup was a tightwad.

  • TruthBKnown Banned Again02 Aug 3, 1:26 p.m.

    Well take away that $1mm subsidy that the taxpayers pay for annual operation of the dean dome... View More

    — Posted by Riddickfield

    and take away all the state money for the Hurricanes arena and so is the pack.

    Big deal.

    — Posted by forautumn

    Every time I read a retahded post, I look up to see who wrote it, and 90% of the time, it's ForAutumn. But that's understandable since 100% of ForAutumn's posts are retahded.

  • FAN72 Aug 3, 1:16 p.m.

    I think revenue will be just fine after they hoist another banner in the Dean E. Smith Center... View More

    — Posted by gopack3000

    Why would NC State hoist their 2011-12 men's basketball national championship banner in the Dean... View More

    — Posted by TruthBKnown Banned Again02

    ....funniest comment you have made in a long time.... think NCSU will EVER raise a b-ball banner... View More

    — Posted by laxmom

    Every season is a new opportunity. There is no predestined entitlement to a National Championship. NC State has the same chance and potential to raise a NC banner as any other college/university. The past does not dictate the future. If it did, the UNC football program should be dead and buried as a result of the recent scandal.

  • kdawg Aug 3, 11:51 a.m.

    I tried to buy four UNC season football tickets last year, and asked where I would be seated before forking over a couple thousand dollars. I didn't expect great seats, just wanted to know the section number. The ticket office told me I had to join the Rams Club first, as THEY decide where patrons sit, and even then I would NOT be told in advance where the tickets would be located. Everything would be based on contribution level and preference. Annoyed at the likelihood of landing the worst seats in the entire stadium, I opted not to buy any tickets, and the athletic department lost out on several thousand in business. When a stuffy athletic department treats its own alumni like desperate dogs, and expects a bribe before they will even have a conversation with you about seating, they deserve the financial troubles they get. Good luck selling football tickets this year UNC! Let me know when your ticket agents are allowed to assign unused and unwanted season tickets again, instead of the Rams Grub.

  • laxmom Aug 3, 11:29 a.m.

    I think revenue will be just fine after they hoist another banner in the Dean E. Smith Center... View More

    — Posted by gopack3000

    Why would NC State hoist their 2011-12 men's basketball national championship banner in the Dean... View More

    — Posted by TruthBKnown Banned Again02

    ....funniest comment you have made in a long time.... think NCSU will EVER raise a b-ball banner again? doubtful ! get over it !

  • cwood3 Aug 3, 11:25 a.m.

    Had they not paid those parkeing tickets, they'd have even more in reserve.

    Cheatin has it's price. That price has not been paid yet. This number could change-down!!

  • wolfbearrtp2 Aug 3, 11:04 a.m.

    You state college fans can talk all you want until Roy rolls into town. All we'll hear then is... View More

    — Posted by truthmatterstome2

    Oh yeah, we're really jealous. Jealous of your cheating ways. LOL

  • kickmeoutroy69 Aug 3, 10:24 a.m.

    i figured they would make more money in the future......they quit paying players right?? oops, nevermind, Roy is still filling a team out.

  • jcd241959 Aug 3, 10:14 a.m.

    Carolina is one of about five that make a profit. What is states profit!

More...

 

 

  • NFL: Chicago at Detroit

    Tomorrow at 12:30 pm on WRAL-TV

  • NFL: Philadelphia at Dallas

    Tomorrow at 4:00 pm on FOX50

  • SEC: Arkansas at Missouri

    Friday at 2:30 pm on WRAL-TV

  • HSFB: Football Friday with Tom Suiter

    Friday at 11:35 pm on WRAL-TV

  • CBB: Duke vs. Furman

    Tonight at 5:00 on 620am

  • CBB: NC State vs. Richmond

    Tonight at 7:00 on WRAL-FM

  • NHL: Hurricanes at Florida

    Tonight at 7:30 on 99.9 The Fan

  • NFL: Chicago Bears at Detroit Lions

    Tomorrow at 12:30 pm on 99.9 The Fan

Scoreboard
Local
Final
ECU 58
FRES 52
Final
CIN 59
NCCU 50
 
12:00pm Today
UNC
BUT
 
2:30pm Today
ECU
HAW
 
5:00pm Tonight
DUKE
FUR
 
7:00pm Tonight
CHA
POR
 
7:00pm Tonight
NCSU
RICH
 
7:30pm Tonight
FLA
CAR
 
Final
WAS 102
ATL 106
Final
MIA 97
GSW 114
Final
MIL 98
DET 86
Final
NOP 89
SAC 99
Final
DEN 114
CHI 109
7:00pm Tonight
PHI
BRK
 
7:00pm Tonight
ORL
GSW
 
7:00pm Tonight
CHA
POR
 
7:00pm Tonight
CLE
WAS
 
7:30pm Tonight
DET
LAC
 
7:30pm Tonight
DAL
NYK
 
7:30pm Tonight
ATL
TOR
 
8:00pm Tonight
MIN
MIL
 
8:00pm Tonight
HOU
SAC
 
8:00pm Tonight
OKC
UTA
 
8:30pm Tonight
SAN
IND
 
9:00pm Tonight
PHO
DEN
 
10:30pm Tonight
LAL
MEM
 
Final
UMO 21
OHIO 24
Final
ECU 58
FRES 52
Final
ELON 74
MRGST 73
 
Final
MIZZ 61
PURD 82
Final
MAR 55
HAW 62
Final
UNF 77
LIB 57
 
Final
CHAM 85
BYU 121
Final
BUCK 58
MDES 55
Final
UGST 85
WCU 70
Final
UWGB 64
EVAN 62
Final
ARST 71
ALA 76
Final
OHIO 69
ARKPB 60
 
Final
UNH 75
BU 68
 
Final
OU 70
CHIST 57
Final
TOL 79
DET 82
Final
CLMB 57
FD 47
 
Final
QUIN 50
HART 54
 
Final
SFLA 71
HOF 70
Final
HARV 84
HOU 63
Final
BONA 79
JST 71
 
Final
STJOE 74
LIU 70
 
Final
SYR 70
GHND 37
 
Final
MLOWELL 102
MTIDA 57
 
Final
CIN 59
NCCU 50
 
Final
VT 54
NIOWA 73
Final
WOFF 82
OHVALLEY 54
 
Final
TEMPL 76
PENN 67
Final
RUTG 50
PETE 68
Final
BGU 62
SEMIZ 54
Final
LAS 73
Terriers 60
 
Final
UVA 79
TENST 36
Final
KENT 92
TXARL 44
Final
FSU 66
CITA 55
Final
PBY 63
TOCC 40
 
Final
COOK 56
TENNM 74
 
Final
WMARY 83
WILL 49
Final
USB 71
WKENT 61
 
Final
HIGH 88
WMPEACE 71
 
Final
SMU 72
ARK 78
Final
ARMY 80
BING 54
 
Final
CSOU 80
CARK 67
 
Final
UMBC 54
HOW 68
 
Final
ARZ 72
KYST 68
Final
OREG 63
VCU 77
Final
PSU 78
AKR 72
Final
SCST 92
CIU 55
 
Final
CREI 75
EILL 53
Final
ALAAM 61
JVST 67
 
Final
ABCHRIST 91
JCHR 65
 
Final
TXSA 57
LOYC 71
Final
NDST 64
MNCROOK 63
 
Final
NEB 80
NEOM 67
Final
VANDY 63
NORST 53
 
Final
STLU 57
NCAT 54
 
Final
MTST 65
NARZ 53
Final
TTU 75
NWST 64
 
Final
TULA 74
SOUTH 59
 
Final
ILLCH 87
STXAVIER 76
 
Final
TEX 78
RFLSH 46
Final
BRAD 52
TAMCC 38
 
Final
SMISS 72
TROY 70
Final
DRAK 73
IUPUI 60
Final
ARKST 58
LAM 63
 
Final
FLGC 62
USF 47
Final
COL 68
AFA 53
Final
IDAHO 75
BSU 86
Final
GRCN 64
BUF 80
 
Final
ORU 52
LALAF 76
Final
CHAR 74
MIAMI 77
Final
ISU 63
MD 72
Final
UMO 46
NW 55
Final
SACST 97
BRISTOL 63
 
Final
MICH 55
VILL 60
Final
SDST 74
PITT 57
Final
USC 53
CSFU 49
Final
STAN 84
DEL 47
12:00pm Today
UNC
BUT
 
12:00pm Today
FRES
MAR
 
12:00pm Today
CHAT
RMU
 
12:00pm Today
EMICH
ROCH
 
1:30pm Today
MRGST
LIB
 
2:00pm Today
HAMP
AMER
 
2:00pm Today
BEL
DEN
 
2:00pm Today
UMASS
NE
 
2:00pm Today
JMU
SHU
 
2:00pm Today
KNST
SAMF
 
2:30pm Today
ECU
HAW
 
2:30pm Today
CHAM
MIZZ
 
2:30pm Today
OKLA
UCLA
 
2:30pm Today
CCAR
LAMON
 
4:00pm Today
ELON
UNF
 
4:00pm Today
UWMIL
ORU
 
4:30pm Today
WCU
CHIST
 
5:00pm Tonight
DUKE
FUR
 
5:00pm Tonight
BYU
PURD
 
6:00pm Tonight
EVAN
USF
 
7:00pm Tonight
COL
GTDNS
 
7:00pm Tonight
VERM
BRY
 
7:00pm Tonight
OSU
CAMP
 
7:00pm Tonight
CORN
CAN
 
7:00pm Tonight
LOU
CLST
 
7:00pm Tonight
UCF
DAVID
 
7:00pm Tonight
IONA
DELST
 
7:00pm Tonight
OU
UGST
 
7:00pm Tonight
TOWS
GOUCHER
 
7:00pm Tonight
ND
GRAM
 
7:00pm Tonight
YALE
LAF
 
7:00pm Tonight
GWU
LONG
 
7:00pm Tonight
VT
UMO
 
7:00pm Tonight
WAKE
MNTER
 
7:00pm Tonight
NAVY
PSUHARRIS
 
7:00pm Tonight
NCSU
RICH
 
7:00pm Tonight
MINN
STJ
 
7:00pm Tonight
JVU
TRINBAPT
 
7:00pm Tonight
YOUNG
UMKC
 
7:00pm Tonight
UAB
WISC
 
7:30pm Tonight
PITT
KYST
 
7:30pm Tonight
WVU
VMI
 
8:00pm Tonight
DEP
LEH
 
8:00pm Tonight
UNT
MVSU
 
8:00pm Tonight
MARS
MORE
 
8:00pm Tonight
TCU
RAD
 
8:00pm Tonight
SELA
TENT
 
8:00pm Tonight
SMU
TXSOU
 
8:00pm Tonight
UTAH
TXPA
 
8:00pm Tonight
LMU
UCR
 
8:00pm Tonight
SCAR
UNCA
 
8:00pm Tonight
SD
WAYNEST
 
8:30pm Tonight
UWGB
FLGC
 
8:30pm Tonight
IOWA
NILL
 
9:00pm Tonight
ORST
AUB
 
9:00pm Tonight
MONT
CARROLLMT
 
9:00pm Tonight
SUTAH
EKENT
 
9:00pm Tonight
NMST
FAM
 
9:00pm Tonight
WYO
STET
 
9:05pm Tonight
EWASH
NKENTUCKY
 
9:05pm Tonight
IDST
WLVRN
 
9:30pm Tonight
GEOR
UF
 
9:30pm Tonight
GONZ
UGA
 
9:30pm Tonight
NIOWA
NW
 
10:00pm Tonight
SDST
ARZ
 
10:00pm Tonight
CAL
CPSL
 
10:00pm Tonight
UCD
UTST
 
10:30pm Tonight
NDAK
ALAST
 
11:00pm Tonight
CSNO
PORST
 
11:30pm Tonight
AKAN
PAC
 
11:30pm Tonight
OKST
TULSA
 
Final
CLB 2
WIN 4
Final
NAS 4
LOS 3
Final
STL 2
OTT 3
Final
DAL 3
EDM 2
Final
ARI 3
COL 4
Final
ANA 3
CAL 2
Final
VAN 2
NJD 0
7:00pm Tonight
NYI
WAS
 
7:00pm Tonight
BUF
WIN
 
7:30pm Tonight
FLA
CAR
 
7:30pm Tonight
TAM
NYR
 
7:30pm Tonight
DET
PHI
 
7:30pm Tonight
PIT
TOR
 
8:00pm Tonight
MIN
LOS
 
9:00pm Tonight
COL
CHI
 
10:30pm Tonight
SJS
CAL