Comparison of UB’s 2020 and 2021 sports budgets

UB Athletics had a budget of about $36.2 million in 2021, according to NCAA members’ financial report Spectrum received March 11. The report covered expenses and revenues for the 2021 calendar year.

COVID-19 has once again had a major impact on the department’s ticket revenue and travel expenses. Here is an overview of the 2021 sports budget:

Biggest Institutional Expenses

In both fiscal years, UB’s biggest expense has been its coaches, trainers and ‘global staff’ – although 2021 was the most expensive year yet.

UB spent $8.81 million on coaching, support staff and administrative compensation in 2021, an increase of $24,287 from 2020.

Student Athletic Aid remained the second largest expense at $8.12 million – a slight decrease from 2020. This total includes money for tuition reductions and waivers, summer schools, student managers, graduate assistants, and expenses for inactive student athletes (due to medical reasons or expired eligibility).

A fragile base for this year’s income

A $1.2 million drop in ticket sales punctuated UB Athletics’ $2.5 million drop in revenue from 2020 to 2021.

The department only made $5,472 in ticket sales last year — a stunning number that can be explained by COVID-19 and its impact on college athletics. In 2020-21, only basketball, track and field and cross country generated revenue from ticket sales.

Men’s sports brought in $2,754 in ticket revenue, while women’s sports brought in $2,718 in ticket revenue.

The 2019-20 season — also impacted by COVID-19, which shut down collegiate athletics in March 2020 — saw men’s basketball bring in $232,573 in ticket revenue and women’s hoops bring in $224,924 in ticket revenue. Football brought in $787,168 in ticket sales.

UB Athletics spends the most on football

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Unsurprisingly, UB Athletics spends more money on football than on any other sport.

The department spent $3.41 million on football scholarships, $2.18 million on football coaching expenses, $803,097 on football support staff/administrative compensation, benefits and bonuses, $149,919 in football recruiting and $548,386 in football team travel in 2020-21 – all of which significantly exceeded that of other sports.

Football also brought in – and spent – ​​the most money in 2021, with around $10.1 million. Men’s basketball is next at $2.57 million, followed by women’s basketball at $2.07 million, and women’s soccer at $876,412. Men’s tennis brought in the least, at $440,538.

Which sport receives the most student athletic support?

The football team also outperformed student-athletes in all other sports in terms of scholarships. The program received $3.41 million in student athletic aid in 2020-21, which was distributed to 94 football players.

Women’s basketball came in second with $634,300, which was distributed to 17 players. Men’s basketball came in third, with $561,354, which was distributed to 14 players. Men’s tennis — with its six scholarship athletes — received the least amount of student athletic financial aid, at $168,663.

Men’s athletics reported the least student athletic support per athlete, at about $5,700 ($187,736 total).

In total, men’s sports received $4.62 million for 174 student-athletes; in contrast, women’s sports received $3.5 million for 140 student-athletes.

Revenue for men’s teams, expenses double that of women’s teams

Men’s teams brought in and spent nearly $14.29 million in 2020-21, nearly double that of UB’s women’s teams, which brought in and spent around $7.34 million during the same period. period.

Football ($10.1 million), men’s basketball ($2.57 million) and wrestling ($664,487) led the way in men’s sports, while women’s basketball ($2.07 million ), swimming and diving ($1.02 million) and volleyball ($978,295) paved the way for women’s sports. .

Meanwhile, UB Athletics recorded no spending on its spirit groups — which include bands, cheerleaders, mascots and dancers — in 2020-21. In contrast, these groups had expenditures of $7,007 in 2019-20.

Kayla Sterner is Associate Sports Editor and can be reached at [email protected]

Sophie McNally is Associate Sports Editor and can be reached at [email protected]


KAYLA STERNER

Kayla Sterner is an associate sports editor at Spectrum. She is studying communications in hopes of becoming a secondary journalist. In her spare time, she can be found at the gym, watching football or vibing with Mac Miller. Kayla is on Twitter @kaylasterner.


SOPHIE MCNALLY
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Sophie McNally is an associate sports editor at Spectrum. She is a history major and is studying abroad for a year at Newcastle University in the UK. In her spare time, she can be found blasting The 1975 or Taylor Swift and rowing down a random river at 5am.

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