1. Twin Cities Athletics Finances Finance March 17, 2016

2. University of Minnesota Athletics
Transforming Gopher Athletics by impacting the lives of our student-athletes, enhancing the reputation of the U, and bringing pride to all Minnesotans.
Invest-Lead-Win
Gopher Athletics Budget $107.3 Million
University Budget $ 3.7 Billion
2.9% of the total University budget
In most industries, a unit making up 2.5% of the total would have minimal impact and draw minimal attention.
We are highly visible, big impact, and highly scrutinized, both officially (auditors, NCAA, Big Ten) and un-officially (media, fans, general public)
This level of visibility and scrutiny means there is no room for shortcuts – and we are governed by volumes of policies and procedures, both internal to the U and external (NCAA).
Further context – we sponsor 25 sports and are at the 50th% in Big Ten
Budget just below the 75th% of the Big Ten with OSU at $118M and NW at $50M
PAC 10 – at the 75th % for teams and well above the 75th% for budget
BIG 12 – above the 75th% for teams and at the 75th % for budget 2

3. Gopher Athletics Key Facts
25 programs
More than 725 student-athletes
Department budget FY16 of $107.3M
Context within the B1G:
4th highest number of sports programs (25)
4th most student-athletes (725)
5th place in Final Learfield Directors Cup within the conference (2nd after Fall 2015)
6th highest budgeted revenue 3

4. Big Ten Budgets and Teams FY2016
$s in millions

5. FY2016 Budget / $107.3M Major Expenses Major Revenues
Compensation – $33.4M
Grant in Aid – $11.3M (324 full scholarships)
Sport Operations – $15.9M
Support Unit Operations – $9.0M
Facility Operation – $8.3M
Debt Service – $7.6M
Major Revenues
Ticket Sales – $23M ($22M from football, men’s basketball and hockey)
Television – $22.2M
NCAA and Conference Distributions – $11.4M
Development (realized) – $17M
Media/Sponsorships – $9.8M 5

6. University of Minnesota Twin Cities Athletics FY2016 Revenues / $107
University of Minnesota Twin Cities Athletics FY2016 Revenues / $107.3M 6

7. University of Minnesota Twin Cities Athletics FY2016 Expenses / $107
University of Minnesota Twin Cities Athletics FY2016 Expenses / $107.2M 7

10. Financial Priorities
Providing resources for our broad-based program with 25 competitive teams
Athletes Village Capital Campaign
Construction of Track Stadium
Facilities – Ongoing and deferred maintenance
Building a financial reserve
Major cost drivers:
Teams – Travel and Salaries / 32% of total budget is salary and fringe
Scholarships – tuition and fees
Facilities – Utilities and Maintenance (inherited a backlog)
Administrative and Departmental costs – academic investment, insurance, post season travel, transition costs for MBKB and FB
Budget Model change – beginning in FY07 10

11. Twin Cities Athletics Finances Finance March 17, 201611