INTERCOLLEGIATE ATHLETICS – TWIN CITIESPresentation to the Board of Regents
Mark Coyle, Director of AthleticsRhonda McFarland, Deputy Director of Athletics
May 7-8, 2020
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GUIDING PRINCIPLES
Student-Athlete Experience• Academically• Athletically• Socially• Return-to-Play
Sound Fiscal Management• Nimble response through
uncertain landscape
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GUIDING PRINCIPLES
Intentional Communication with Stakeholders• 675 Student-athletes
• SAAC• Student-Athlete Town Hall
• 275 full-time staff• Multiple all-staff meetings• Frequent updates from unit directors and senior staff
• Golden Gopher Fund members & fans• Zoom meetings with coaches, athletic director• Ski-U-Home on GopherSports.com
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REVENUE
• NCAA/Conference Distribution• Ticket Sales• Fundraising• Gopher Sports Properties• Miscellaneous
• Licensing• Concessions• Parking• Rentals
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FY20 OPERATING BUDGET: $123M• Ranks eighth in the
Big Ten• 25 sport programs
• Ranks fourth in the Big Ten
• Implemented department-wide budget reductions in FY19/FY20
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BUDGETINGFebruary 2020 –Forecasting $1M Surplus• Football ticket sales• Record pace fundraising
April 2020 –$4M deficit• Loss in NCAA distribution• Loss of rental revenue
• Multiple events cancelled
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BUDGETINGMay 2020 – Working Toward a Balanced Budget• FY20 voluntary salary reductions
(head coaches / senior staff)• Hiring freeze• Spending freeze• Reduction in summer school expense• COVID-19 savings
• Travel• Events• Recruiting
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April Special Board Meeting• $10M potential revenue
loss in FY21• $30M potential revenue
loss in FY21• $75M potential revenue
loss in FY21
BUDGETING
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EXPENSE BUCKETS• Salaries and Benefits• Sport Operations
• 25 programs• Support Operations
• Internal Units• Athletic Medicine• Academic Support• Student-Athlete Development
• External Units• Ticket Office• Marketing & Communications• Digital and Social Media
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SALARIES AND BENEFITS
• FY21 salary reductions in alignment with campus• FY21 hiring freeze• Reduction in internship / graduate assistant
program• Elimination of merit increase• Previous budget savings
• Three senior staff members have left, were not replaced
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SPORT & SUPPORT OPERATIONS
• Targeting double-digit percent reduction in operating budget
• Regional non-conference scheduling• Competition opportunities• Reduction of operating budgets
• Travel budgets• Evaluating modes of transportation• Non-competition travel• Support staff in team traveling party• Overhead expenses
• Postponement of specialty events
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QUESTIONS
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