Thursday, July 24, 2014         

 Print   Email   Comment | View 43 Comments   Most Popular   Save   Post   Retweet

UH-Manoa to tackle $13M debt from athletics department

By Ferd Lewis

LAST UPDATED: 12:47 p.m. HST, May 16, 2013

The University of Hawaii Board of Regents today approved a slate of changes calculated to help bring the financially struggling Manoa athletic program back into the black and provide additional oversight.

The Manoa Chancellor's office will absorb the $13 million accumulated net deficit, help funding of some athletic staff positions and allow the department to recruit out-of-state and foreign athletes at in-state tuition rates.

In addition, regents will convene a committee on intercollegiate athletics to oversee the department.

The actions were unanimously approved by the 15-member board.

Athletic director Ben Jay said he hoped the changes could help the department be solvent by the completion of fiscal year 2014, which concludes July 1, 2014.

The athletics department is expected to close the current fiscal year, which winds up June 30, 2013, as much as $2 million in the red, with an accumulated net deficit of $13 million.

Manoa Chancellor Tom Apple said he will retire the accumulated net deficit by moving, "this debit from the athletics account to the Manoa Chancellor's Office using non-academic sources such as interest and working capital to pay this off over time."

Apple said, "no tuition dollars will be used."

 Print   Email   Comment | View 43 Comments   Most Popular   Save   Post   Retweet

You must be subscribed to participate in discussions
By participating in online discussions you acknowledge that you have agreed to the TERMS OF SERVICE. An insightful discussion of ideas and viewpoints is encouraged, but comments must be civil and in good taste, with no personal attacks. Because only subscribers are allowed to comment, we have your personal information and are able to contact you. If your comments are inappropriate, you may receive a warning, and if you persist with such comments you may be banned from posting. To report comments that you believe do not follow our guidelines, email commentfeedback@staradvertiser.com.
Leave a comment

Please login to leave a comment.
CriticalReader wrote:
I wonder how many Hawaii students applying to UH this year were denied financial aid?
on May 16,2013 | 12:47PM
allie wrote:
true..glad I am graduating in December. UH just is way too poorly managed. Look for more deficits in the future.
on May 16,2013 | 03:13PM
turbolink wrote:
We're all glad you're graduating in December...counting the days.
on May 16,2013 | 04:14PM
Bdpapa wrote:
Congratulations! Good Job! Now, go home!
on May 16,2013 | 04:35PM
HD36 wrote:
I recommend you apply for a job at Spirit Mountain Indian Casino in Oregon. See Geronimo at the buffet, and tell him Chael Sonnen sent you.
on May 16,2013 | 06:11PM
cartwright wrote:
As church and state, competitive sports and education ought to be separated.
on May 17,2013 | 06:36AM
AhiPoke wrote:
Since the school and state takes revenues clearly generated by UH's athletic programs I think this is the beginning of a fairer deal. Logo items (t-shirts, jackets, hats, etc.) do not get sold because of UH's school of education or engineering. Concession sales or parking at the stadium don't happen on nights that UH isn't playing. These are revenues that belong to or at least should be shared with the athletic department.
on May 16,2013 | 01:19PM
csdhawaii wrote:
You are mistaken. Athletics doesn't contribute to the upkeep of the stadium; do you have any idea how much it takes to operate the stadium? If Athletics were to pay their fair share of upkeep as well as take their fare share of revenues, then they'd end up owing the stadium money. SMH. People just don't understand. Athletics cries and cries and cries and lies and lies and lies, btw. They get more revenue than they say they do.
on May 16,2013 | 04:15PM
OldDiver wrote:
The State Legislature subsidizes UH over $350 million a year to fund various departments including athletics. Autonomy allows the BOR to subsidize or not subsidize the athletic department. Like every department at UH there is no way for the athletic department to break even. This means the size of any departments deficit is determined by how the BOR splits the money.
on May 16,2013 | 05:57PM
fairgame947 wrote:
Kind of scary leaving it in the hands of the Board of Regents.
on May 16,2013 | 01:20PM
boshio wrote:
on May 16,2013 | 03:22PM
false wrote:
Yeah, they make the people who appoint them look like a Mensa group. LOL
on May 16,2013 | 04:37PM
Steve96785 wrote:
Here's a novel idea. Stop paying the coaches top dollar salaries. Collect the $400K from June Jones that he owes for walking out on his contract early, too. Or maybe you could get Stevie Wonder to do a benefit concert?
on May 16,2013 | 01:52PM
pridon wrote:
Go for Bruno Mars. At least the younger generation knows who he is. He could sell out the stadiumwith enough publicity.
on May 16,2013 | 03:27PM
false wrote:
NO we want stevie wonder
on May 16,2013 | 04:39PM
false wrote:
Coaches must be paid period. Junes needs to give back the money and yes I like the Stevie Wonder concert idea.
on May 16,2013 | 04:38PM
2disgusted2 wrote:
This comment has been deleted.
on May 16,2013 | 06:54PM
Steve96785 wrote:
Make it Prince Kuhio Mall in Hilo, and Starbucks and you're on!
on May 16,2013 | 08:19PM
4sanitysake wrote:
The UH Board of Regents need to be fired because they clearly do not realize they do not have the authority to waive out of state tuition for a select few while requiring other programs, like the School of Medicine, Architecture, Engineering, etc, to continue to bring in out of state tuition money. Athletes are students first and should be treated as such. Get rid of the entire BOR.
on May 16,2013 | 02:06PM
boshio wrote:
be sure all the members are fired..
on May 16,2013 | 03:27PM
Anonymous wrote:
So a Volleyball player from California can get in-state tuition to play Volleyball at UH, while a 4.0 Valedictorian from California who wants to study Electrical Engineering has to pay full out-of-state tuition and thus will probably not come here. Good to see that where our priorities are.
on May 16,2013 | 02:30PM
csdhawaii wrote:
on May 16,2013 | 04:16PM
Bdpapa wrote:
Sad note, most colleges work that way!
on May 16,2013 | 04:36PM
Wazdat wrote:
on May 16,2013 | 05:27PM
pcman wrote:
The UH coaches need to get together with the AD to brainstorm what activities can be done to save money over the next 3-5 years for all sports. For example: Cut practices outside of UH Manoa. Cut living in Waikiki before home games. Camp out at UH Manoa and cater the food, if necessary. Cut out unnecessary days on the mainland before away games. Cut out buying more uniforms, except replacements. Share grad assistants and hired help among all the sports. Etc, etc.
on May 16,2013 | 02:34PM
Dave_Reardon wrote:
It's very unlikely a 4.0 valedictorian from California who wants to study electrical engineering would have to pay full tuition anywhere. You do have a point, though.
on May 16,2013 | 02:53PM
Dave_Reardon wrote:
Sorry, meant to place that reply under the comment by "Anonymous"
on May 16,2013 | 02:55PM
ya_think wrote:
and because of that he wouldn't come here in the first place.......
on May 16,2013 | 08:54PM
boshio wrote:
Wonder if each member of the board understood what they were voting for, and not just looking over to the next guy to copy. BTW, you mean Apple is still here????
on May 16,2013 | 03:23PM
huponews wrote:
Thank you to the Board Of Regents for absorbing the 13 million debt. Law makers must really start helping the University in more ways then one? Need a long term plan so funds don't dry up in good or bad times. U.H. football is the only big game in town so we must support them anyway we can. Times will be hard winning or losing....because people have so many choices today. Where do they spend their extra monies: at a ball game, movies, high school games, go shopping, go to dinner or just stay home on their computer or Ipad. This is the computer age and choices come along with it. Twenty years ago we could fill Aloha stadium, no problem. Today, lucky if we draw 40 thousand. That's the difference!! Law makers try a scratch card lotto at a dollar a card. All monies raised go to public education. Monies will be consistent and we keep it in Hawaii, Las Vegas, is killing us...Why??
on May 16,2013 | 03:25PM
false wrote:
Why don't they start with getting rid of Apple and work from there. The guy is useless.
on May 16,2013 | 04:34PM
Nevadan wrote:
Apple said, "no tuition dollars will be used." $13M debt won't affect tuition rate? This guy lives in a fantasy world.
on May 16,2013 | 05:43PM
Bdpapa wrote:
So do you!
on May 16,2013 | 08:46PM
Nevadan wrote:
Do the math
on May 17,2013 | 02:46AM
Bdpapa wrote:
This is a very good idea. Now, the responsibility is with the AD. Now, we can guage exactly what is going on.
on May 16,2013 | 04:38PM
kailua000 wrote:
now the regents will have someone else to blame. remember he came into this did not create it
on May 16,2013 | 05:10PM
Bdpapa wrote:
but he starts with zero balance.
on May 16,2013 | 08:45PM
f206 wrote:
More of the UH Manoa shell game.
on May 16,2013 | 04:56PM
kailua000 wrote:
so in other words, magic accounting?
on May 16,2013 | 05:09PM
HD36 wrote:
Why are Walmart Customers Struggling? Why did McDonald's cut out their $5 hamburger? Why are part time jobs increasing and full time jobs decreasing? Why have housing starts fell to a five month low? Why would someone struggling buy a ticket or a pay per view when they need the money for gas, food, etc..
on May 16,2013 | 06:14PM
bsdetection wrote:
Start fixing the problem by getting rid of football.
on May 16,2013 | 06:33PM
Bdpapa wrote:
Get a life!
on May 16,2013 | 08:46PM
GooglyMoogly wrote:
Step 1: Change name back to Rainbow Warriors. Step 2: Watch the money roll in.
on May 16,2013 | 10:02PM
BookFan wrote:
Tom Apple says the athletic department debt will be retired by using "non-academic sources." I beg to differ since upon registration U.H. students are now required to subsidize the athletic department through required student fees. Students first please!
on May 17,2013 | 12:08AM