UNIVERSITY OF TEXAS EL PASO

Revenues, expenses, support funds and the overall bottom line can be intimidating. There have been breakdowns of the latest UTEP revenue and expense report showing the athletic department is spending more than it is making. According to the Texas Tribune, the department is making $15,410,043 and spending $29,395,257. That’s a $13,985,214 deficit. UTEP athletic director tells KFOX14 these figures are calculated based on ticket sales, NCAA and other conference distributions from all university athletic programs. There are other components that go into calculating an athletic departments budget. “It doesn’t take into account they say is, ‘institutional support,”‘ either direct or indirect, which makes a big difference in your budget,” said UTEP athletic director Bill Stull. “Every university in the country has institutional support.” Direct and indirect institutional supports are funds the department receives from different university sources. -Ryan Hill, KFox, Read More