Budget Allocation and Prioritization
The Athletic Administration closely examines the budgetary requirements of each sports team and program, taking into account factors such as team size, competitive level, and facility needs. By prioritizing the allocation of funds, the administration ensures that resources are distributed equitably and effectively.
Revenue Generation
Generating revenue is a crucial aspect of sustaining and enhancing the athletic program. The Ohio University Athletic Administration employs various strategies to generate revenue, including ticket sales, sponsorships, donations, and licensing agreements. These funds contribute to the overall financial health of the program and support its growth and development.
Financial Decision-Making
The Athletic Administration makes informed financial decisions by conducting thorough analyses and assessments. Factors such as projected revenue, program needs, and NCAA compliance are carefully considered before making investments or allocating funds. This diligent approach ensures that financial resources are used wisely and in the best interest of the student-athletes and the program as a whole.