Friday, March 10, 2006
UI Bowl Costs Under Budget
The University of Iowa will earn a profit of more than $60,000 for the football team's January appearance in the 2006 Outback Bowl, according to figures released Wednesday.
The Hawkeyes lost to the Florida Gators, 31-24, in the Jan. 2 game in Tampa, Fla.
UI spent almost $1.4 million on the trip. But with a payout of $1.45 million, the school will turn a profit of $60,212. The team's 2005 appearance in the Capital One Bowl netted the school a profit of about $119,000.
In years past, bowl profits have gone to UI's athletic operations budget.
Calls to the UI athletic office were not immediately returned Wednesday evening.
The total traveling party -- which included players and coaches, the band and spirit squads, UI administrators and family members -- included 684 people, up 23 from 2005.
More than $1 million was spent on 306 players, coaches and administrative staff who went on the trip. Of that amount, $469,154 went to meals, lodging and per diems, and another $342,570 went to transportation.
"We work very hard to provide a quality experience for our student-athletes while at the same time doing whatever is necessary and reasonable to assist our student-athletes and coaching staff to be fully prepared for the game itself," Director of Athletics Bob Bowlsby said in a statement. "It's a credit to our coaching staff and our administrative staff that we could do all that within the budget provided us by the Big Ten Conference."
Expenses for the 355-member band travel party were $312,237.
The 23-person official party -- which included President David Skorton and other administrators, campus leaders and their guests -- incurred another $36,020 in expenses.
The Hawkeyes lost to the Florida Gators, 31-24, in the Jan. 2 game in Tampa, Fla.
UI spent almost $1.4 million on the trip. But with a payout of $1.45 million, the school will turn a profit of $60,212. The team's 2005 appearance in the Capital One Bowl netted the school a profit of about $119,000.
In years past, bowl profits have gone to UI's athletic operations budget.
Calls to the UI athletic office were not immediately returned Wednesday evening.
The total traveling party -- which included players and coaches, the band and spirit squads, UI administrators and family members -- included 684 people, up 23 from 2005.
More than $1 million was spent on 306 players, coaches and administrative staff who went on the trip. Of that amount, $469,154 went to meals, lodging and per diems, and another $342,570 went to transportation.
"We work very hard to provide a quality experience for our student-athletes while at the same time doing whatever is necessary and reasonable to assist our student-athletes and coaching staff to be fully prepared for the game itself," Director of Athletics Bob Bowlsby said in a statement. "It's a credit to our coaching staff and our administrative staff that we could do all that within the budget provided us by the Big Ten Conference."
Expenses for the 355-member band travel party were $312,237.
The 23-person official party -- which included President David Skorton and other administrators, campus leaders and their guests -- incurred another $36,020 in expenses.
# posted by Michelle @ 1:40 PM 
