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ERIC Number: EJ829798
Record Type: Journal
Publication Date: 2009-Jan-23
Pages: 1
Abstractor: ERIC
Reference Count: 0
ISBN: N/A
ISSN: ISSN-0009-5982
For Athletics, a Billion-Dollar Goal Line
Wolverton, Brad
Chronicle of Higher Education, v55 n20 pA1 Jan 2009
The nation's biggest athletics departments are quietly trying to raise hundreds of millions of dollars for separate sports endowments, heating up the competition for donors and raising questions about institutional priorities during the economic crunch. At least eight programs hope to bring in more than $100-million each to defray the rising costs of college sports, a "Chronicle" survey has found. The athletics department at the University of California at Berkeley is shooting for $500-million. Duke University's wants $350-million. Boston College's says it needs $250-million. However, it's not just elite institutions trying to score big funds. Five other athletics programs--at Florida State University, Louisiana State University, Oklahoma State University, the University of Minnesota, and the University of Texas--all have goals of $100-million-plus sports endowments. In all, more than two dozen athletics departments are involved in or planning endowment campaigns, the "Chronicle" survey found. Their combined goal: $2.3-billion.
Chronicle of Higher Education. 1255 23rd Street NW Suite 700, Washington, DC 20037. Tel: 800-728-2803; e-mail: circulation@chronicle.com; Web site: http://chronicle.com/
Publication Type: Journal Articles; Reports - Descriptive
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A