TARGET 8: Records show increase in MU athletic department spending

8 months 3 weeks 2 days ago June 02, 2016 Jun 2, 2016 Thursday, June 02 2016 Thursday, June 02, 2016 6:48:00 PM CDT in Target 8
By: Nick Komisar, KOMU 8 Reporter
Embed Code Copied

COLUMBIA - Through an open records request, KOMU 8's Target 8 investigative team acquired the MU athletic department's financial records from the years 2004 and 2014 to see how spending has changed over a 10-year period.

The reports show that MU is similar to many major universities nationwide, in the sense that athletic spending has increased across the board. 

In 2014, the athletic department spent a little more than $1.2 million on recruiting for its teams. That is good for a more than half-a-million dollar increase from 2004, when the department spent a little over $500 thousand. 

The reports also show an increase in total operating expenses. In 2004, the department incurred around $38 million in expenses. In 2014, that number jumps by more than $40 million to about $82 million.

However, it is worth noting that the department did see an increase in revenue of about $40 million as well.

When looking at individual team spending, the football, men's basketball, women's basketball and softball teams all increased.

The football team's spending more than tripled, the men's basketball team's spending increased 85 percent, the women's basketball team's spending increased 87 percent and the softball team's spending more than doubled. 

Athletic department officials said the switch to the SEC can account for a lot of this because the conference increased the department's revenue substantially. 

Since being introduced as the new head football coach, Barry Odom has emphasized multiple times the importance of recruiting.

KOMU 8 asked Odom if he believed that spending on recruiting would continue to rise.

Odom said recruiting is more about building relationships with players and their families.

He then added, "I don't know that necessarily increases the spending of it, but I think as year to year goes by prices of things go up." 

In the months following unrest on the MU campus, the university announced a large drop in freshman enrollment for the upcoming year resulting in a hiring freeze and a multi-million dollar budget shortfall. 

KOMU 8 wanted to know if this would have an effect on the athletic department's finances. 

Associate athletic director Tim Hickman explained that the athletic department's budget and the university's budget are not the same. 

"The majority of our revenue comes from sources that we have such as conference revenue, ticket sales, or contributions to our department, things like that," Hickman said. 

However, Hickman was sure to add that the department is not unaffected by happenings on campus. 

"There's not so much of a direct correlation. However, when the institutions struggling, everyone in the community is struggling including us. So it impacts us all." 

One aspect of Mizzou's financial records that are different than a lot of other universities is student fees. A few years back, MU elected to cut out all fees to the student body and chose instead to charge students for student tickets. 

Hickman said this was a conscientious choice made by the department because it puts the choice of whether to contribute to athletic programs in the hands of the individual students. 

If you would like to pick through the financial records from 2004 and 2014 on your own they are included below. 

 

 

More News

Grid
List
ST. LOUIS (AP) — A streetcar that will operate in the Loop area of St. Louis and adjoining University City... More >>
3 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 7:49:51 AM CST in News
COLUMBIA - When someone overdoses on heroin or another opioid, the drug slows down their central nervous system until they... More >>
5 hours ago February 24, 2017 Feb 24, 2017 Friday, February 24 2017 Friday, February 24, 2017 6:02:00 AM CST in Top Stories
COLUMBIA - A Moberly woman was charged Tuesday in Boone County for abusing a 12-year-old Columbia boy. Stacey Robertson,... More >>
12 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 10:23:00 PM CST in News
MONITEAU COUNTY – The Moniteau County Sheriff's Office arrested 10 people during a drug bust Wednesday. The sheriff's office... More >>
14 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 8:19:00 PM CST in News
WENTZVILLE (AP) — Police in the east ern Missouri to wn of Wentzville are investigating after a woman working inside... More >>
15 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 7:23:00 PM CST in News
COLUMBIA – Plato’s Closet opened a newly renovated store Thursday to give mid-Missouri teens and young adults in poverty affordable,... More >>
16 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 6:53:00 PM CST in News
COLUMBIA - Gov. Eric Greitens plans to put $11 million back into school transportation and $41 million back into home... More >>
16 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 6:44:00 PM CST in News
NEW FRANKLIN - President Donald Trump reversed President Barack Obama's directive on transgender students being able to use the bathroom... More >>
16 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 6:36:00 PM CST in News
FULTON - Drive down memory lane to Fulton's Auto World Museum and transport yourself through the decades. Bill Backer,... More >>
19 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 4:07:47 PM CST in News
JEFFERSON CITY (AP) — Missouri House members have passed a bill to reduce the duration of state jobless benefits to... More >>
19 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 3:51:43 PM CST in News
COLUMBIA - The Columbia man accused of plotting a terror attack with people he believed were members of ISIS was... More >>
19 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 3:47:00 PM CST in News
JEFFERSON CITY (AP) — A new ordinance in St. Louis prohibits discrimination based on "reproductive health decisions." It's an effort... More >>
20 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 2:47:00 PM CST in News
JEFFERSON CITY – The investigatory subcommittee created to examine harassment and hostile working conditions in Missouri’s prisons heard from two... More >>
20 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 2:45:00 PM CST in News
COLUMBIA - A Columbia man is fighting the Hershey Company in federal court for allegedly under-filling two of its candy... More >>
21 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 2:03:00 PM CST in Top Stories
JEFFERSON CITY (AP) — Missouri's GOP legislative leaders say it should be up to schools to decide how to handle... More >>
21 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 1:40:00 PM CST in News
JEFFERSON CITY (AP) — Missouri Gov. Eric Greitens is largely reversing his proposed cut to in-home care services for low-income... More >>
22 hours ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 12:57:00 PM CST in News
WENTZVILLE (AP) — Police in the eastern Missouri town of Wentzville are investigating after a woman working inside the General... More >>
1 day ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 11:11:00 AM CST in News
COLUMBIA - In a partnership with Kickstarter, the True/False Film Festival has introduced a childcare initiative to provide support for... More >>
1 day ago February 23, 2017 Feb 23, 2017 Thursday, February 23 2017 Thursday, February 23, 2017 10:15:00 AM CST in News
Columbia, MO
Broken Clouds 46°
12pm 50°
1pm 49°
2pm 48°
3pm 45°

Select a station to view its upcoming schedule:

Coming Up Next

11:00a
Rachael Ray
12:00p
KOMU 8 News @ Noon
12:30p
Inside Edition
11:00a
Jerry Springer
12:00p
Jerry Springer
1:00p
Maury

Tonight's Schedule

7:00p
Grimm
8:00p
Emerald City
9:00p
Dateline NBC
7:00p
The Vampire Diaries
8:00p
Reign
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld