MissouriValleyUnite wrote:The school of Larry Bird is spending $4.26M on FB and $2.13M on MBB. I would cut that 2:1 ratio and shift $500k from FB to MBB. $2.63M would move ISU from 10th to 8th in MBB budgets. Budget reallocation could bolster MBB finances without tapping into institutional subsidies or student fees.
Keep in mind these numbers include the cost of the scholarships students receive. I don't know if ISU goes up to the limit of 63 scholarships, but if they do that's in the ballpark of $2 million. Cutting $500k from the $2.2 million remaining from football would be a hell of a lot.
I happened to look it up earlier, while considering UE's current financial hardship. Indiana State provided $12.7 million in financial support to their athletics program in 2018 according to the Knight Foundation, and earned less than a million in ticket sales.
I do wonder what ISU's ceiling is. Like, suppose they hire Gregg Marshall and he takes the Trees to consecutive NCAA appearances. Would that be enough to sell out the Hulman Center? I'm not convinced.