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Sports Business Transformational time for FSU and for Collegiate Athletics

JerryKutz

Ultimate Seminole Insider
Staff
May 3, 2022
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Florida State Athletics Director Michael Alford spent an hour with the Osceola going over the most pressing issues for the Seminoles and for collegeiate athletics, offering some candid observations. Each of the topics discussed affect the income and expense columns of the FSU Athletics budget Alford must find a way to balance. On the expense side, the expense side of the ledger includes $30 million in additional annual expenses with the House v NCAA anti-trust settlement, which requires revenue sharing and expansion of scholarships, the addition of women's lacrosse and its impact on Title IX and the construction of the football building and Doak Campbell Stadium, which is one generator of additional revenue along with the new ACC Success Initiative. We also addressed the litigation FSU is engaged in with the ACC in an effort to generate more revenue and Alford offered some candid onservations.

We broke the interview into a series of stories we will run this week. Here's the first

Transformational time for FSU and College Athletics
 
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