Re: Start writing emails...
Wow. That's quite a debt accumulation rate.
Originally posted by Scrambler
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Hawaii's athletics department had been trying to rely on the $23 million a year it generated from ticket sales, donations, television and marketing, plus an additional $10 million in direct and indirect support from the university. But by this summer, the department had accumulated about $10 million in debt and was adding to that at a rate of $1.5 million to $2 million a year. Over the objections of undergraduate and graduate student organizations, the state board of regents voted in July to impose an athletics fee for the first time.
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