Nearly $58 million of the university's $389.6 million budget for the new fiscal year will be allocated to Razorbacks athletics. The exact amount approved for the athletic department's use — $57,688,475 — is nearly $6 million more than the Razorbacks' athletic budget in 2008-09.
It's no surprise Arkansas' football program remains the primary source of revenue for the department. According to its budget schedule, which was obtained through a Freedom of Information request Friday, football tickets and game guarantees are expected to bring in $23.25 million next year.
Arkansas' other primary revenue streams include the chunk of revenue sharing distributed by the Southeastern Conference to its member schools last week ($14.5 million), basketball tickets and game guarantees ($6.75 million) and media and advertising rights ($4.7 million).
The football program is slated to spend the most next season, too, at $12.8 million, while men's basketball expenditures are slated for nearly $5.2 million. They are followed by women's basketball ($2.4 million), baseball ($1.9 million), and men's track ($1.4 million) and women's track ($1.05 million).
Other items of interest on the expenditure list include transfers such as: The $1 million gift given to the university, payment of $1.9 million of the $5 million capital improvement loan secured last year, and $390,420 set aside for a ribbon board project expected to be completed in Razorback Stadium.
Athletic Department Budget Approved
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