Budget Overview
■For the current fiscal year (2009-10) UT Athletics has an $100.85 million operating budget.
■UT Athletics is one of only a handful of departments in the country
that receives no funds from state subsidies or taxes. The only non-athletic department generated revenue is a $1 million contribution to women's athletics department coming from student fees to fulfill Title IX responsibilities.
■A May 2008 report in the Chronicle of Higher Education stated that only 17 of the more than 300 athletics programs in all of Division I - about 5 percent - earned a net profit between 2004 and 2006.
■During the FY 2009,
UTAD contributed approximately $6.26 million in direct cash for various non-athletic campus purposes.
■In FY 2010, UTAD's total direct contributions to the university system will exceed $10.35 million.
■The athletic department paid $7.65 million for scholarships for student-athletes in fiscal year 2009.
■UTAD is the most highly taxed athletic department in the country, with Tennessee fans paying 14.25% tax ( 9.25% state and 5% city/county) on all football and men's and women's basketball tickets.
■Peer institutions such as Arkansas, Florida, Kentucky, LSU and Texas pay no tax on athletic tickets.
■
UT Athletics paid approximately $4 million in sales tax in 2007-08.
■UTAD leverages football and basketball programs to generate ticket revenues, private gifts and marketing sponsorships and utilizes revenues generated by football and basketball success to fund other sports programs and supporting infrastructure.
University of Tennessee Athletics Athletics
Straight from UT's own site.