Principle 14 Finances and Sports Sponsorship. January, 2009 A model Division II athletics program shall be administered with prudent management and fiscal.

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Presentation transcript:

Principle 14 Finances and Sports Sponsorship

January, 2009 A model Division II athletics program shall be administered with prudent management and fiscal practices to ensure financial stability. Sufficient operating and travel budgets should be maintained to allow for the effective operation of the athletic department. The current average for a Division II athletics department budget is posted on line in the NCAA Division II Membership Report. The model program should also feature participation opportunities that are consistent with the institution’s mission and the interests of the institution's student-athletes. The minimum sports-sponsorship and financial aid requirements are legislated in the NCAA Division Manual. (Resourcefulness, Balance) 14

January, 2009 Finances and Sports Sponsorship Fund 24 sports and do so without cutting sports Proposed to student senate to assess an athletic fee Concentrated more efforts toward alumni and fundraising University development office has individual that directs efforts 14

January, 2009 Finances and Sports Sponsorship Budget priority is scholarship dollars; second is staffing and third is operational budget Fundraising is a MUST! Benchmark for funding is based on comparisons of competition in the same sport Participate in surveys so as to have information to use on our campus 14