$43.7 million budget approved for Ole Miss Athletics

The University of Mississippi athletics department compiled a $43.7 million budget for the 2010-2011 athletic fiscal year, which was approved by the state College Board.

The budget projects $25.8 million (59 percent) of the revenue to come from football, $5.7 million (13 percent) from men’s basketball and $949,000 from baseball.
Budget revenue projections are estimated based on the previous year’s numbers, Ole Miss athletic director Pete Boone said.
“We look at all our revenue sources from the year before and estimate what we they think are going to be the next year,” Boone said.
The University of Mississippi will allocate $3.4 million from student tuition, which makes up 7.8 percent of the athletics department’s projected revenues.