New conference money is being put into recruiting, travel and competition budgets (and obviously scholarship numbers have been increased).
The 2013 Synder report gives the details on this. The athletic budget was increased by $7.6 million over FY2013. $2.5 million of that was for salary and benefit increases.
Revenues were projected to increase by $10.1 million over FY2013. That's still would leave a shortfall of $9.7 million that would need to be subsidized by the university, down from $12.2 million in FY2013.
So 1/4 of the increase going to take subsidization burden off the university, another quarter is going to salary and benefit increases, and half is likely going to increase scholarship numbers and recruiting, travel, and competition budgets.
No indication from the interview that Pitt was looking to fund more men's soccer scholarships, start building a T&F facility, or add a women's sport for Title IX.
The 2013 Synder report gives the details on this. The athletic budget was increased by $7.6 million over FY2013. $2.5 million of that was for salary and benefit increases.
Revenues were projected to increase by $10.1 million over FY2013. That's still would leave a shortfall of $9.7 million that would need to be subsidized by the university, down from $12.2 million in FY2013.
So 1/4 of the increase going to take subsidization burden off the university, another quarter is going to salary and benefit increases, and half is likely going to increase scholarship numbers and recruiting, travel, and competition budgets.
No indication from the interview that Pitt was looking to fund more men's soccer scholarships, start building a T&F facility, or add a women's sport for Title IX.
