Friday, May 6, 1977
9
0 per cent probably
J-Omaha
es in the ' Stanclift load an offents, they with Nor-
t twice in
and took
Missouri.
rd series
, "and it
comes from
JRT substitute
ice
ICE
Walker's KUAC imprint
From page one
1900. The 22-year, $400,000 loan being paid in
payment budgets charged at $15,400 for next year
MESSER SAD that, unlike previously, it is now making money each year to pay for the education and capital improvements. Total funds budgeted for that purpose for next year are
The total debt service and capital outlay budgeted for 1977-78 is $154,000 or 6.3 per cent.
Right now the corporation is considering some repairs on the concrete at Memorial Stadium. Messer said major renovation of the clubhouse, but KUAC didn't yet cost the cost.
According to Messer, the key to KUAC's financial recovery has been the Williams Educational Fund, established by Walker to support scholarships and training table expenses.
ALTHOUGH TWO new administrators had to be hired to administer the fund, Messer said, the income from the fund has been paid for additional expenses in salaries.
The 1977-78 budget for the Williams Fund,
including salaries and operating expenses,
is $107,700—$20,550 less than this year's budget.
Although the actual amount of money spent on scholarships has generally exceeded the contributions to the Williams and Gap between the two has decreased.
In the 1973-74 school year, $327,838 in contributions to the Williams Fund was received. The following year, $424,709 had been contributed to the $215,388 more than had been contributed.
DURING THE 1974-75 school year,
$486,350 was contributed and the following year,
$559,335 was paid out in scholarships—$728,15 more than contributions.
Contributions collected during the 1975-76 school year (when the KU football team went to the Sun Bowl) totaled $679,490 and actually exceeded by $105,510 the expenditures for scholarships the following year.
Although the figures aren't in yet, a conservative estimate of contributions this year is $757,000, which is $123,100 less than budgeted next year for scholarships.
KUAC's aim is to eventually make the Williams Fund fully responsible for scholarship expenses, Messer said, because once the fund is able to stand on its own feet, more money can be used for capital immeasures and payment of long-term debts.
AS CAN BE EXPECTED, the athletic corporation gets much of its income ($2.6 per cent budgeted for next year) from football. Last fall, the football team brought in $1,287,020, which was $127,570 more than the 1975-76 Sun Bowel team received.
The increase in income was mainly due to the six games played at home last year. Home game gross receipts totaled $1,288,760, but $1,529,800 or about 41 per cent of these receipts went back to the visiting teams in guarantees.
Basketball continues to be a break-even sport at KU, but if expected income matches expected expenses, the sport will go into debt next season. Total budgeted in-corn for next year is $24,900, while total budgeted expenses are $27,908—a net loss of $21,500.
The sport barely showed a profit this year. Estimated revenues totaled $254,000 and budgeted expenses were $253,950. Most of this was due to a drop in season ticket sales. A poor home schedule and an unfavorable travel schedule from $10 to $15 were blame for season ticket sales of 3,200-4,000 fewer than the previous year.
THE KANASS Relays is another athletic activity that sparks much excitement but apparently little profit for the corporation. Expected receipts from this year's relays total $24,000, matching expected salaries and operating expenditures of $24,000.
Some income is received each year from the Big Eight Conference (bowl game and television receipts are divided evenly among the conference), the Jayhawk radio network, interest income and miscellaneous sources. Sponsorship of next year's NCAA
Next year the Relays are expected to just break even again.
basketball tournament also will bring in some funds, but the total revenue from all of these sources is expected to be only $388,000 or 15.9 per cent of the total budget for next
Since the remaining sports at KU-basketball, swimming, gymnastics, tennis, golf and track—don't generate revenue, must income pay for most KU programs.
DESPITE KUAC's dependence on football to make money, it showed $806,574 in net income in 1977-78. This compares with the same period in the country that are operating in the red.
Where does KUAC spend its money? The money devoted to paying off debta has been largely allocated to included wages, Social Security and benefits, are expected to be $873,570 or 32.7 per cent of the total budget next year. That means that the budget will increase over salaries budget for this year.
The money KUAC spends to run its athletic programs, radio network, maintenance, Spirit Squad and administrative offices, not including salaries and wages, has been budgeted for $830,120 for next year. No figures are in for this year, but during the 1975-76 school year the corporation spent $745,620 for training equipment in increase of $184,770 or 24.7 per cent from the 1975-76 school year to the 1977-78 year.
THE LAST expense is scholarships. The dramatic increase in total scholarship expenditures budgeted for next year was the result of more scholarships for every student, and there were 190 out of $60,100 to $41,000 to comply with new NCAA scholarship limitations.
for the first time in KU's history, Messer said, virtually every sport is now funded for the maximum scholarships allowed by the NCAA. Golf is the only sport lagging, and its scholarships have nearly doubled, from $3,480 to $6,300 for next year.
Baseball was a primary recipient of the scholarship increases. Thirteen scholarships were added for next year for a total of $29.90-$38.00 more than this year.
ON AN AVERAGE how much does a KU athlete receive? KUAC awarded 107 football scholarships last year at an average of $2,946 per scholarship. scholarships averaged $2,668; track averaged $1,432 and baseball averaged $1,323. For football and basketball, that covers tuition, books, room and board. These awards are included in track and baseball scholarships.
To determine how successful Walker has been in trimming the "fat" out of the budget requires the scrutiny of specific line items. One item that might arouse some suspicion is $8,500 budget to pay for part-time tutors for athletes.
MESSER SAID that employing faculty members to tutor athletes was a common practice all over the country. Because the student athlete must spend many hours practicing and traveling to games and meets, tutors often are necessary, he said.
"The athletic corporation is first interested in the student athlete progressing toward a leadership award in the student developing as an athlete. The two kind of contradict each
"We're issuing the same amount of tickets," he said. "They just cost more."
ANOTHER ITEM that might raise some eyebrows is the $16,100 budgeted next year for complimentary tickets—an increase of $2,300 over this year's budget.
Noteless, more tickets are given out because of the Big Eight Post-Season Tournament.
KUAC also has a practical reason for keeping the student in school. It's sound business. Since the NCAA now has tight restrictions on the number of athletes on campus, it's safer to keep students out of school because of grades becomes a lost investment that often can't be replaced.
other, so to assist them, we provide them with tutors."
Messer said the reason for the increase in the complimentary tickets was inflation,
To his credit, Walker has eliminated complimentary tickets from the Williams Fund budget. And Messer said Walker also put an end to ticket trade offers, where tickets were exchanged for advertising or other items.
BUT COMPLEMENTARY tickets are still issued to all football players. Those who suit up for home games receive three apiece, and those who don't receive one, Messer said. Those who travel with the team to away games get four tickets, he said.
Tickets also are given to potential recruits who visit KU. Messer said a total of about 200 complimentary tickets are available to players, hosts or hostesses on football game days.
Walker has said that he is personally against giving away complimentary tickets to anyone. But so far, his efforts to reduce ticket costs free fencets have lain on up on the books.
However, one expense that caused friction about two-and-a-half years ago has been reduced. Part of the football team's travel expenses — $890 — was spent to move the entire team to a Topeka hotel on nights before home games.
MISSEER SAID the team now spent the night in a Lawrence motel, which saved them from the rain.
"What a year in transportation costs."
"The main reason we do this is to make
Tau Sigma Dance Ensemble SPRING CONCERT May 5,6,7,1977 8:00 P.M.
Kansas City 816-561-6776
1/3 OF USA
UNIVERSITY THEATRE · MURPHY HALL
Adults - $2.00 Children, Senior Citizens - .50
KU Student LD.
This program is partially funded by
the Student Activity Fund.
As Messier said, "You can look here and there at specific things on the budget, but the only way you can tell how solid this corporation is through history—what kind of business are we in? from now to now, if you it is running this corporation right, now."
No doubt this analysis has left some questions unanswered about the athletic corporation. It would probably take a different account to accurately determine the exact nature of affairs. But strictly from a layman's point of view, it would be safe to say that
sure the kids get an uninterrupted night's sleep, which you can't always get in the room.
He said other KU teams weren't quarantined the night before a game or a meet because the intensity of football was high, and they needed to concentrate on their assignments.
regardless of his methods and his proclivity for doing things out of the public eye, Walker has made substantial strides towards eliminating KUAC's long-term debts. And although minor sports might complain about lack of funding and training, he said that his increased for these sports over Walker's four-year tenure as athletic director.
CPA
REVIEW
May 9,10,11,9 a.m.-4 p.m.
If you have already purchased a book please bring student I.D. for pick up If you have not purchased a book, they will be on sale for *8.50.
ACCOUNTING AND FINANCE MAJORS
The 1977 Jayhawker Yearbook
Yearbooks will be distributed in the lobby of Strong Hall
LET US HELP YOU TO BECOME A CPA
YOU CAN STILL GET IT!
Jazz
Jazz
Jazz only at
Paul Gray's Jazz Place
926 Mass. upstairs
TONITE: Claude Williams the world's premier jazz fiddler, just returned from a highly successful European tour; playing with TOM MONTGOMERY TRIO
SATURDAY: Claude Williams & Ray Ehrhart nationally acclaimed jazz
pianists since the 1930's both playing with the award winning Gaslite Gang
Admission each night $4.00 includes FREE Beer, Peanuts, Popcorn & Soft Drinks!! Call 843-8575 or 842-9458 for reservations. Open 8:00. Music starts at 9:00.