UF athletic budget receives an increase

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The Florida dance team entertains the crowd in the second half against Tennessee. The Gators lost to the Volunteers 78-67, Saturday, January 12, 20-19 at Exatech Arena at the Stephen C. O'Connell Center in Gainesville, Florida. [Cyndi Chambers/Gainesville Sun Correspondent] 2019

The University of Florida’s UAA Board of Directors has approved an operating budget of $140.9 million for the 2019-20 calendar year, a 3.9 percent increase over the previous year.

The Board finalized the budget Monday.

“It’s going to continue to support our student-athletes at a high level,” UF athletic director Scott Stricklin told floridagators.com.

The budget is covered by revenues and contributions and does not receive funds from the state.

Football (59 percent) and men’s basketball (8 percent) continue to be the primary sources of revenue for the UAA’s athletic programs, and royalties and sponsorships (25 percent) generate a significant chunk of the $140,966,000 budget for the upcoming year as well, according to UAA.

At Monday’s Board of Directors meeting, it was revealed that the average annual cost for a scholarship student-athlete is $68,438 annually, an amount that consists primarily of the cost of the scholarship (44 percent), travel (31 percent), sports medicine and health (13 percent), academic support (7 percent) and equipment (5 percent).

5 COMMENTS

  1. Getting these dollars into action is what’s needed imo. The upgrades need to get done & not delayed any more for the planned athletes’ dorms & facilities, if our Gators want to keep pace with UGA,Clem,UA, OSU etc. Recruits want to walk into nice facilities, not a rendering of two years from now.