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Wednesday, February 22, 2012
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Sports Business

Minnesota Legislators Don't Gopher Maturi's Contract

Sat, Feb 04, 2012

The Star Tribune reported two Minnesota legislators who serve on higher education committees said Joel Maturi's compensation package after retiring as University of Minnesota athletic director could hurt the university's future state funding.

Forbes: Five Steps to Deal with Criticism

Fri, Feb 03, 2012

“The reality is that every leader, whether chief executive, politician, sports coach, or first-time supervisor, will experience criticism. We must understand that it is inevitable, and we have to learn to deal with it productively rather than let it be harmful,” Christine M. Riordan writes in Forbes.

Did Anyone Ask Their Parents?

Fri, Feb 03, 2012

University of Houston students voted overwhelmingly in favor of legislation to support a $45 per semester fee increase, which would allow the University to begin construction on a new football stadium at the completion of the 2012 football season.

Gophers Headed to Self Sustaining Financial Status

Thu, Feb 02, 2012

The University of Minnesota has decreased the amount of its direct subsidy to athletics over the last 10 years. The University handed its athletics department a $2.3 million subsidy during the 2011 fiscal year to run its direct operations, a 20-percent decline from the 2010 subsidy,

Schiano Owes Rutgers $800,000 as Liquidated Damages

Mon, Jan 30, 2012

Greg Schiano owes Rutgers University $800,000 after the coach’s decision to leave for the Tampa Bay Buccaneers of the National Football League. Schiano is obligated to pay a $500,000 buyout plus the $300,000 remaining on a home loan contained in his most recent contract in 2007.

The Pros and Cons of Sports Investing

Mon, Jan 30, 2012

"Investors in these uncertain economic times are looking for stability and predictability when they decide to invest extra dollars," Stephen Abraham writes in Investopedia. "Professional and college sports programs strike a strong emotional chord with their audiences. There aren't a lot of companies that can claim a higher brand loyalty to their businesses, than big-time athletics. Typically, this means their dollars will follow their hearts."

CSU Rams' AD Contract has Nominal Bonus Provisions

Mon, Jan 30, 2012

After making his money in the private sector, Colorado State AD Jack Graham has traditional performance bonus clauses, but they are only valued at $100 each.

Connecticut College Receives Major Gift

Sat, Jan 28, 2012

Connecticut College has received $1.6 million in gifts from parents and alumni to upgrade its locker room and training room facilities and add lights to its turf field.

LG Electronics Extends NCAA Corporate Partner Deal

Thu, Jan 26, 2012

LG Electronics USA, an official NCAA Corporate Partner, has extended its alliance with the NCAA under a new agreement that runs through August 2015. As an official NCAA Corporate Partner they will have exclusive category marketing and promotional rights related to all 89 NCAA championship events across 23 different sports, including the NCAA Division I Men's Basketball Championship and NCAA Football Championships.

Nebraska Omaha Secures Big Gift

Wed, Jan 25, 2012

The University of Nebraska Omaha athletic department announced a leadership gift by local benefactors Brian and Carey Hamilton toward the construction of an on-campus Academic Excellence Center that will carry their name.

Former PSU Assistants to Share $4.4 Million Severance

Sat, Jan 21, 2012

Penn State acting athletic director Dave Joyner disclosed Friday that the university will have to pay more than $4.4 million in severance to six assistant coaches who were not retained by new head football coach Bill O'Brien, the Philadelphia Inquirer reported.