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Missouri athletic department: $15.2mil budget deficit, gets loan from university

SWTHORN123

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Dec 19, 2008
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I'm no accountant but damn, when revenue sharing kicks in Missouri's budget game of kick the can down the road with the University loans to the athletic department will not be pretty, not seemingly sustainable. Texas athletics is a monster in comparison.

“You know, $40 million obviously is a lot of money, right?” Choi said. “But in the context of an organization that has over $5 billion in net operating (budget), for such a critical element of our university, it should be placed in context in that regard.”

"The influx of funding from the university has come with added oversight from the UM System Board of Curators, which launched a Mizzou Athletics oversight committee nearly a year ago to monitor — among other things — the department’s budget."


 
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