Make us your home page
Instagram

Get the quickest, smartest news, analysis and photos from the Bucs game emailed to you shortly after the final whistle.

(View our Privacy Policy)

SEC's lucrative TV deal helps Florida athletics boost budget

GAINESVILLE — Aided by the SEC's lucrative multiyear television contract, the University Athletic Association board of directors on Monday approved a 2009-10 athletic budget for Florida that is expected to increase by 7 percent from last season.

The budget, which shows estimated expenditures of just more than $89 million and an estimated revenue of $90.7 million, did not include a raise for Florida football coach Urban Meyer. But UF athletic director Jeremy Foley and several board members said Meyer most likely will get a raise in the near future. Meyer, who has won two national championships in three seasons, makes about $3.2 million per year.

"I'm not trying to be flippant, but when what's done is done, then we can talk about it," Foley said, adding the UAA will determine the timing of that. "I don't like to talk about things that are not finalized."

While many schools are struggling financially, Florida's athletic budget increased despite the department's $6 million donation to the university.

Florida cut 10 percent in discretionary funding from every department, about $1.3 million. But spending in essential areas increased, including $400,000 for lacrosse team expenses, a $1.6 million increase in athletic scholarships due to tuition/room and board increases and $2.7 million in capital projects.

The SEC's 15-year deal with ESPN and CBS will provide the league with more than $3 billion. Florida received $8.6 million from the SEC last year from bowl revenue, TV contracts and championship profits. The UAA budget for next year anticipates that amount will increase to $13.5 million. The television contracts will give Florida an extra $6.2 million, while its IMG/Fox deal is worth about $2 million.

Florida president Bernie Machen, who called the TV deal "the envy of every conference in the country," praised the "symbiotic relationship" between academics and athletics at UF.

"I took $6 million out of their budget after their 10 percent cut, and that's money that's going to help solve our budget problems," said Machen, who has had to cut the university's budget by $42.2 million. "Most universities are not in a relationship with athletics like we are. We went around the table at the SEC (meetings in Destin) and no other school is doing even half as much as we're doing. So it's really nice to have a program that is willing and is able to do the kind of things that ours is doing."

Antonya English can be reached at english@sptimes.com or (813) 226-3389.

SEC's lucrative TV deal helps Florida athletics boost budget 06/22/09 [Last modified: Monday, June 22, 2009 11:13pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. DeSean Jackson's 'Ferrari engine' brings him to first Bucs camp

    Bucs

    TAMPA — When the Bucs signed Pro Bowl WR DeSean Jackson, in the offseason, QB Jameis Winston said his new target was "a Bentley with a Ferrari engine," a nod to Jackson's 5-foot-10 frame but elite speed.

    Tampa Bay Buccaneers wide receiver DeSean Jackson sits for an interview while on camera with NFL Films.   HBO's NFL Films production of "Hard Knocks" documented a day in the life of Tampa Bay Buccaneers wide receiver DeSean Jackson with his family at their home in Tampa on Wednesday, July 26, 2017.
  2. What you should know about new Rays slugger Lucas Duda

    Blogs

    The MLB trade deadline is a few days away, but the Rays aren't procrastinating. Earlier today, they swung a deal for the Mets' Lucas Duda, sending minor league right-hander Drew Smith

    Slugger Lucas Duda will add some (more) power to the Rays lineup.
  3. Rays add a bat, too, acquiring Lucas Duda from Mets

    Blogs

    The Rays made another big move today, acquiring 1B/DH Lucas Duda from the Mets.

    Duda, 31, is a lefty slugger who will take over as the Rays primary DH against right-handers, with Corey Dickerson now playing most of the time in the outfield.

    To get Duda, the Rays gave up minor-league RHP Drew Smith, …

    The Rays acquired 1B/DH Lucas Duda from the Mets.
  4. Bucs do their best to stiff-arm the expectations

    Bucs

    TAMPA — If you want to see a team giving the Heisman trophy stiff-arm to expectations, check out the Tampa Bay Buccaneers.

    As always, the key to the Bucs success will be Jameis Winston. He still is only 23, but a charismatic leader that this team and this town believes deeply in. [LOREN ELLIOTT | Times]
  5. A trip down memory lane of Bucs' preseason expectations

    Bucs

    With HBO's Hard Knocks in town and the Bucs opening training camp Friday with their highest expectations in a decade, here's a look back at Tampa Bay's preseason expectations since their last playoff appearance in 2007 — and the results.

    2008

    Jameis Winston and running back Peyton Barber celebrate a touchdown last season against the 49ers. [LOREN ELLIOTT | Times]