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Washington Athletics is projecting $167 million in expenses against $165 million in revenue for the upcoming fiscal year. The University of Washington's Board of Regents has approved the proposed athletics budget for FY25, which includes loans to cover a significant cash-flow deficit as the university transitions to the Big Ten. The budget anticipates a $2 million operating deficit and nearly $30 million in one-time costs, including the establishment of an on-campus Big Ten Network studio. Deputy AD Erin O'Connell emphasized that these figures are projections and remain fluid.
Washington athletics projects almost $30 million in one-time expenses ahead of its move to the Big Ten, including a Big Ten Network studio, for its 2025 budget. More details from @ANYamashita: https://t.co/Sd2KuETHOx
NEW: @UWAthletics and AD Pat Chun presented its 2025 financial budget projection to UW's board of regents yesterday It expects a $2 million operating deficit and almost $30 million in one-time costs including an on-campus Big Ten Network studio https://t.co/nDMGqZYPSx
NEW: @UWAthletics and AD Pat Chun presented its 2025 financial budget projection to UW's board of regents on Thursday It expects a $2 million operating deficit and almost $30 million in one-time costs including an on-campus Big Ten Network studio https://t.co/4jL1IDmASs
