Big 12 business affairs: What the Ernst & Young report says about financial efficiency across the conference

  • 📰 mercnews
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 68%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

The Wildcats commissioned Ernst & Young to examine their athletic department. The findings include relevant data on the entire conference.

Operational efficiency has always been essential to sustained success in major college athletics, where football and men’s basketball generate the revenue that funds dozens of sports programs. But the need for shrewd money management will become exponentially more important in the new world order for Big 12 schools attempting to compete against peers in the SEC and Big Ten that are, by comparison, rolling in cash.

But the new math must be solved at the campus level, as well. And that’s where efficiency enters the calculation.Which schools will limit expenses to the essentials? Iowa State’s revenue growth increased by 4.9 percent annually from 2019 through 2023 — above the Big 12 median of 4.5 percent annual growth.

“While many other institutions with Division I athletics programs invest in their athletics departments, the expectation is that those departments are managed responsibly so that they do not become an excessive burden on the institution’s overall budget.”

Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 88. in RU
 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Manhattan is becoming a 'buyer's market' — blame people fleeing to FloridaBig incomes, big behinds with big portfolios are moving to big nothing Florida, which has big alligators but small taxes.
Источник: nypost - 🏆 91. / 67 Прочитайте больше »

Trae Young Trade Rumors: National Analyst Says Hawks Miscalculated Trae Young's Trade Market This OffseasonThe Hawks made a huge move this offseason by sending Dejounte Murray to the New Orleans Pelicans and they officially broke up the backcourt of Murray and Trae Y
Источник: SInow - 🏆 273. / 63 Прочитайте больше »