Monday, February 21, 2011

UHAD is not talking about cutting any of their 19 teams, will deal with the deficit in other ways

About how they are not trying to get people to donate more by threatening to cut sports teams, JD said:
"I don't think there is any need to threaten to cut sports so that you can turn around and use that as a fundraising mechanism. I don't think that sends the right message to the student-athletes and coaches of those sports you are threatening." (HSA)


HSA Note: "UH officials have told the Board of Regents that, because of NCAA, conference and gender equity requirements, it would be unlikely the school could cut enough sports to save a substantial amount of money without risking its Division I status. UH has 11 women's teams, seven for men and one co-ed squad."


About how they need to cut the deficit and start having an annual surplus in order to deal with their $10 mil deficit, not cut teams to try to cut their deficit, JD said:
"I think the most prudent thing for us to do is get hold of the annual deficit situation, turn that into the black and use annual revenue to pay down the accumulated debt. And that's what we've been doing." (HSA)


About how UHAD has been quickly reducing its deficit each year he's been AD, JD said:
"The first year I was on board we would have had a $2.4 million deficit if it wasn't for the Sugar Bowl money. Then, (the deficit) was about $2.2 (million), Last year, it was about $1.6 million, and right now we're projecting in the neighborhood of $500,000 or less" for the current fiscal year that ends June 30. "So we're doing exactly what we said we'd do." (HSA)


About how UH held fundraisers to commemorate the 100th year of UH football and will hold fundraisers for the 40th anniversary of women's sports at UH, JD said:
"That's in addition to all the regular golf tournaments, dinners and fundraisers we have going on annually." (HSA)


About how they will deal with UHAD's deficit, Chancellor Hinshaw said:
"We continually work to generate private support for all of our sports programs and are very grateful for that support, so we are using that approach." (HSA)


http://www.staradvertiser.com/sports/sportsnews/20110220_uh_trying_to_work_away_its_debt_not_cut_teams.html

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