UH athletics presents financial plan to regents committee

Local News

The University of Hawaii at Manoa’s athletics department presented its financial plan to a Board of Regents committee Thursday.

Members of the Committee on Intercollegiate Athletics reviewed the plan during a meeting at Bachman Hall.

“The Financial State of Hawaii Athletics: Version 2.0 – Revisiting the Game Plan” outlines the department’s mission, future goals and the funding necessary to achieve those goals.

“This report provides valuable information and guidance as we work with all of our stakeholders to develop the best possible plan to ensure the stability and success of the athletic department,” said UH Manoa Chancellor Robert Bley-Vroman. “UH athletics is not only important to the university, but to the entire state and we must do everything we can to put it in the best possible position to thrive.”

The report anticipates more revenue deficits for the program over the next three years and proposes several options to improve finances, including increasing the student athletic fee from $50 to $75 per semester (for an additional $850,000) and eliminating three sports programs (men’s swimming and diving, women’s swimming and diving and coed sailing teams).

The committee said Thursday that program eliminations would not be feasible.

Additional topics include:

  • The department’s financial history
  • Projected 2016-2018 revenue and expenses
  • Operating efficiently
  • How the department compares with other Division I athletic programs
  • Future financial impacts
  • Options for program reduction
  • Facility renovation priorities
  • Economic impact of Hawaii Athletics

Download the full report here.

In addition, the committee addressed the search for a new athletics director and, in executive session, discussed the employment agreement with former men’s basketball head coach Gib Arnold.

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