Athletics fiscal troubles to be discussed at regents forums

Latasha Webb

Members of the University Board of Regents will hold two public forums next week to explore solutions to fiscal problems ailing the athletics departments.

The forums are in response to a December report that found the athletics departments in serious financial trouble. According to the report, the University will have to subsidize the departments at a rate of approximately $10.1 million annually for the next five years.

“There are a number of things that have to be examined,” said Tom Moe, director of men’s intercollegiate athletics.

The forums will take place in the Gateway alumni center, located at 200 Oak St. S.E. Those interested in attending should arrive at Suite 600 at 11:30 a.m. Monday and 4:30 p.m. Tuesday.

More than 20 people who have already signed up to speak will share their ideas with regents early next week.

“I really want to hear peoples’ ideas,” said Regent David Metzen. “We’ll be good listeners.”

Moe said he’s also looking for answers from the forum.

“The report doesn’t really draw any conclusions. It generally raises the questions,” he said. “We are examining the situation for answers.”

Speakers are encouraged to comment on positive aspects of University athletics and areas the departments could improve.

After the forums, regents on the Ad Hoc Committee will share the summarized comments with President Mark Yudof and the rest of the regents.

Metzen said he knows the forums will be exciting.

“Most people have strong opinions on athletics, one way or the other,” he said. “We think this is really important.”

Latasha Webb welcomes comments at [email protected]