COLUMBIA, S.C. (AP) – Budget proposals given to university trustees show the South Carolina athletic department will surpass $100 million in revenue for the first time ever.
The proposals outlined in a presentation Friday show the department expects to bring in $105.9 million for the 2015-16 academic year.
The total was boosted by last week’s announcement from the Southeastern Conference that it would distribute a record total of more than $31 million to each member school. That SEC figure was an increase of more than $8 million over what it distributed to schools a year ago.
Athletic Director Ray Tanner says the increase is essential because South Carolina will begin adding cost-of-attendance figures to athletic scholarships this coming season.
South Carolina will add $4,151 per athlete to the total scholarship cost.