Husker budget shows 10 percent growth
BY TODD HENRICHS / Lincoln Journal Star
Friday, Aug 12, 2005 - 12:33:35 am CDT
The Nebraska athletic department is projecting revenues to grow by 10 percent in 2005-06.
No, athletic director Steve Pederson isn't banking on a Bowl Championship Series appearance in football for the Huskers. Or an NCAA Tournament bid for the men's basketball program.
The athletic department never budgets for those things.
Instead, NU is counting on revenues from a seventh home football game and proceeds from the department's new $22 million, eight-year contract with apparel provider adidas to cover a $4 million bill related to the North Stadium Improvement Project and utility costs expected to skyrocket 31 percent this academic year.
BY TODD HENRICHS / Lincoln Journal Star
Friday, Aug 12, 2005 - 12:33:35 am CDT
The Nebraska athletic department is projecting revenues to grow by 10 percent in 2005-06.
No, athletic director Steve Pederson isn't banking on a Bowl Championship Series appearance in football for the Huskers. Or an NCAA Tournament bid for the men's basketball program.
The athletic department never budgets for those things.
Instead, NU is counting on revenues from a seventh home football game and proceeds from the department's new $22 million, eight-year contract with apparel provider adidas to cover a $4 million bill related to the North Stadium Improvement Project and utility costs expected to skyrocket 31 percent this academic year.