Bowl nets UW $94,000

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Jeff Potrykus
Friday, February 18, 2011
— Although the final figures are not in, University of Wisconsin officials project to record a surplus of more than $94,000 from the football teams appearance in the 2011 Rose Bowl.

Randy Marnocha, UW associate athletic director for business operations, provided that figure to members of UWs Finance, Facilities & Operations Committee on Tuesday.

Total revenue for the bowl trip was $2,585,207, with expenses at $2,490,638.

We dont have all our invoices in, but were within a few thousand dollars, Marnocha told the committee.

The committee also approved an athletic department operating budget of $88,368,200 for 2011-12, with a projected surplus of $142,000.

UWs athletic board, which is scheduled to meet Friday, must approve the budget.

The proposed budget is about $5 million more than the current budget of $83,219,000. The reasons for the increase include two capital projects.

One is the LaBahn Arena, a hockey/swimming facility set to be built adjacent to the Kohl Center. The second is a proposed athletic performance center, set to be built just north of Camp Randall Stadium.

A $2 increased in season tickets for mens hockey is expected to generate $446,000 per year. That money is to be used on the LaBahn Arena, which is to have an annual debt service of $580,000.

UW officials estimate increases in priority seating for football and mens basketball will generate $1.7 million annually ($1.3 million from football and $400,000 from basketball). That money is to be used for the proposed performance center.

Last updated: 4:17 pm Thursday, December 13, 2012

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