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University Of West Florida

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Sports Management
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University of west Florida
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UNIVERSITY OF WEST FLORIDA PROPOSAL FOR TRANSITION FROM NCAA DIVISION II TO DIVISION I Introduction • As champions of the NCAA Division II, the UWF’s football team has certainly shown quality expected of Division I membership. • Given the financial and technical benefits in Division I, reclassification of the UWF team is a good idea. • As much as Division I has benefits, it also comes with responsibilities • Let’s see what the presentation has to say. Financial Implications • Financially, Division I is a gold mine and guarantees unprecedented monetary returns. • However, the expenses associated with the annual expenses of a Division I team are also higher. • Indirect monetary requirements such as establishment of new stadia and increasing recruitment expenditure also occur. • The Louisiana State University team’s financial data could shed more light on NCAA Division I expenditure. Expenditure • At the end of the previous season, UWF teams spend a total of $ 10, 890,289. • The football team as a unit, spent a total of $ 1,988,428 to settle all its bills. • LSU on the other hand, spent a whooping $ 148, 977, 879. • Football alone at LSU had a total expenditure of $ 91, 950,610 Game-Day Expenses • Game-day expenses constitute one of the three areas of expenditure for varsity sports. • The UWF football team spends $ 297,515 annually on game-day expenses alone. • That is way lower than the $ 4, 758, 716 that LSU spends on its gam ...
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