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The athletic foundations aren't completely separate entities, but they operate that way for the most part. They don't donate to the general fund, but many of th
by MisterBastahrd 5y ago
The athletic foundations aren't completely separate entities, but they operate that way for the most part. They don't donate to the general fund, but many of the ones with higher revenue donate excess money back to the university. Usually, university presidents get involved with various administrative details or when hiring a new athletic director.
- tomcam 5y agoBut this page seems to indicate they are paid out of the state's general fund? I think? If they're paid by a foundation wouldn't that be a line item at the foundation? Not trying to be argumentative here. I'm actually interested in whether my taxes are being used to fund multimillion dollar coaches. Not appealing, even though I love football. But if it's paid through privately raised funds I don't care.
- colinmhayes 5y agoFootball coaches are technically because they work for public universities, but their salary is paid by boosters and revenue the program brings in. Football and basketball programs at almost all the power 5 schools make money when accounting for donations.