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They point to State College of Florida, which ended tenure for incoming faculty several years ago and now is giving new professors annual contracts. In addition, benefits, including health insurance plans and participating in a basic retirement plan, have also increased. That trend has continued.
By 2032, according to a new report from Knight Commission on Intercollegiate Athletics in partnership with CLA (CliftonLarsonAllen), college sports revenue, including college football playoff revenue and new lucrative conference media contracts, is projected to reach $16 billion annually for 54 schools with the most lucrative football programs.
In addition, RSIs receive fewer donations and competitive federal grants because reviewers from federal agencies don’t understand them. To help reduce costs, a significant role of boards and administrators includes identifying what programs are no longer by realizing if they align with local industries, for example.
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