TARGET 8: Records show increase in MU athletic department spending

1 year 3 weeks 20 hours 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
loading

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
COLUMBIA - Four people made it out safely of a house on Rosemary Lane in Columbia Saturday morning after a... More >>
1 hour ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 7:41:00 PM CDT in News
COLUMBIA - Columbia Police responded to shots heard at the 800 block of Spencer Avenue on Saturday just before 5:00... More >>
3 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 5:53:00 PM CDT in News
JEFFERSON CITY - Cheerleaders rolled up their sleeves and got dirty while washing cars Saturday as athletes at Capitol City... More >>
5 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:51:00 PM CDT in News
FULTON - A man was taken into custody and charged Friday night after leading authorities on a chase through the... More >>
5 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:51:00 PM CDT in News
COLUMBIA - Members of the Central Missouri Radio Association are inviting mid-Missourians to participate in the National Amateur Radio Field... More >>
5 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:48:00 PM CDT in News
COLUMBIA – Aspen Dental provided veterans with free services in mid-Missouri and across the U.S. Saturday for the Aspen Day... More >>
6 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 2:29:00 PM CDT in News
JEFFERSON CITY, Mo. (AP) — Some GOP state lawmakers want to give the Missouri attorney general authority to prosecute violations... More >>
7 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 1:21:00 PM CDT in News
ST. LOUIS (AP) — A St. Louis judge has pushed back until Jan. 8 the retrial of a man accused... More >>
8 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 12:59:00 PM CDT in News
ST. LOUIS (AP) — St. Louis County police are investigating the case of a toddler who died after the vehicle... More >>
8 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 12:47:00 PM CDT in News
ST. LOUIS (AP) — St. Louis police are searching for a man now accused of killing a couple and another... More >>
8 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 12:42:00 PM CDT in News
CALLAWAY COUNTY - Callaway County Sheriff’s Office deputies responded to an initial 911 call Saturday morning reporting an airplane flying... More >>
9 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 11:43:00 AM CDT in News
JEFFERSON CITY— The Sam B. Cook Healthplex hosted the 5th Annual Sweatin' to Make a Difference on Saturday. The... More >>
9 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 11:40:00 AM CDT in News
COLUMBIA - An early Friday morning shooting has left one man with non-life-threatening injuries. Columbia Police officers responded to... More >>
10 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 10:26:00 AM CDT in News
WASHINGTON (AP) - When the justices take the bench Monday for their final week before a summer hiatus, they are... More >>
12 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 8:18:00 AM CDT in News
BOONVILLE – Residents gathered on Saturday for the 28th Annual Boonville Heritage Days. About 100 members of the community... More >>
16 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 4:38:00 AM CDT in News
COLUMBIA - Police are warning residents about a phone scam. The Columbia Police Department said it has received multiple... More >>
17 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:52:00 AM CDT in News
COLUMBIA - MUPD officers gave the "all clear" late Friday night after authorities said they did not find an explosive... More >>
18 hours ago June 24, 2017 Jun 24, 2017 Saturday, June 24 2017 Saturday, June 24, 2017 3:01:00 AM CDT in News
MONITEAU COUNTY - The Moniteau County sheriff denied accusations of the jail being in poor condition following posts on social... More >>
1 day ago June 23, 2017 Jun 23, 2017 Friday, June 23 2017 Friday, June 23, 2017 7:48:00 PM CDT in Top Stories
Columbia, MO
Broken Clouds 67°
10pm 66°
11pm 63°
12am 61°
1am 61°

Select a station to view its upcoming schedule:

Coming Up Next

7:00p
Nitro Circus
10:00p
KOMU 8 News @ 10
10:29p
Saturday Night Live
8:30p
Bob's Burgers
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld

Tonight's Schedule

7:00p
Nitro Circus
7:00p
Family Guy
7:30p
Family Guy
8:00p
Bob's Burgers
8:30p
Bob's Burgers
9:00p
KOMU 8 News @ Nine on The CW
9:30p
Seinfeld