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Excerpts from an article by Rich Exner at cleveland.com:

University of Akron tops Ohio MAC schools in sports spending and athletic debt, but cuts on the way

“The University of Akron….spends more on intercollegiate athletics than any other Ohio school in the Mid-American Conference.”
“How does Akron pay for sports?
NEOMG found the school covered 71 percent of the bill in 2013-14 with direct institutional support, money that could come from sources such as tuition, taxes and other public sources, according to the NCAA report. This amounted to $22.7 million, or $1,096 per student.
Far less was money from athletics.”
Akron’s athletic debt, according to the 2013-14 report filed earlier this year, stands at $68.1 million, third highest in Ohio behind Cincinnati ($139 million) and Ohio State ($191.2 million).”
The biggest chunk of coaching portion (sic) was for football, with $554,523 for head coach Terry Bowden and $1.2 million for his nine assistants. Head men’s basketball coach Keith Dambrot received $660,208 in pay and benefits; his three assistants: $407,574.
Read the entire story HERE.

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