Kingsport Times News Thursday, August 28, 2014

ETSU football cost estimated at just under $5 million per year by 2018-19

March 7th, 2013 7:04 pm by REX BARBER

A high estimate for expenses for an East Tennessee State University football team would be just under $4.9 million per year by 2018-19, according to a school administrator who helped prepare documents about the cost.

This estimate reflects a possible loss because revenue was projected at just under $4.5 million; however, that would be covered by a proposed student athletic fee that could begin being collected this fall. That loss would eventually be shored up as the program gets established, said David Collins, ETSU vice president for finance and administration, who added the figures were estimates projecting out six years.

ETSU administrators are estimating to earn just under $4.5 million each year from a football program that would cost just more than $3.5 million per year to operate in flat out “expenditures” by 2018-19 The $4.9 million figure comes about by adding in miscellaneous expenses and gender equity costs. This reflects a loss of around $426,500, but these are just estimates. Collins said revenues are estimated low while expenses are estimated high.

Read the full story on the Johnson City Press website.

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