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Husker Athletic Budget to Top $100M


Mavric

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The University of Nebraska at Lincoln athletic department says the budget for the 24-sport program this year is $103 million. That's up 10.7 percent from the $93 million budget of 2013-14.

 

The football program added six positions that will work specifically in recruiting. Including air travel, the Huskers will spend $1.2 million on recruiting this year. That's up 32.7 percent from the $904,000 spent in 2013-14.

 

 

OWH

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Yep, 2017-18 is when were up to speed. From this thread.

 

In a document obtained by the Journal & Courier through an open records request from Purdue University, 12 of the 14 schools are projected to receive $44.5 million each through the league's distribution plan. That's the first year Nebraska becomes fully financially integrated into the conference, according to Big Ten deputy commissioner and treasurer Brad Traviolia.

Maryland and Rutgers officially join the Big Ten on July 1, but neither will receive full shares immediately. Traviolia said the two schools have a six-year financial integration plan — the same as Nebraska — and start receiving full revenue shares beginning in the 2020-21 school year.

The new television contract is expected to include more night football games, Purdue athletic director Morgan Burke has said, and the league will implement a nine-game schedule starting in 2016. More Big Ten matchups equal more value.

By June 30 of this year, 11 schools — excluding Nebraska — are expected to receive around $27 million each from television agreements, NCAA distributions, bowls and the league's football championship game and the men's basketball tournament.

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