Complete coverage of North Carolina Tar Heels Business & Administration.
The Rising Price Tag for Tar Heel Athletics
As the costs of college athletics continue to rise, perhaps the only thing keeping pace is the anxiety about being able to cover them. It's a burden that North Carolina officials meet head-on. The total operating expenses for UNC's athletic department rose again in 2016-17, reaching $96.5 million. UNC's operating expenses were about $83.5 million three years ago.
UNC and Nike headed for another contract but don’t expect Ohio State or Texas-type money
UNC is closing in on a contract extension with Nike, and it is expected to be finalized next month. The contract extension likely will be another 10-year deal. While Ohio State and Texas have each recently received deals with Nike worth more than $250 million, UNC AD Bubba Cunningham did not anticipate UNC’s deal to be in the same financial stratosphere.
Folt: Carolina has come a long way, more work to be done
UNC has come a long way since Martin Luther King Jr. spoke on campus in 1960 — when the Carolina student body consisted of only four black first-year students. Today, more black students earn a bachelor’s degree at Carolina than any other top 30 university in the country. Chancellor Carol Folt reflected on King’s vision of a “beloved community, a truly brotherly society.”
Carolina Insider Podcast: BC Recap & Bubba Cunningham
Recap the basketball win over Boston College and celebrate the 100th episode of the Carolina Insider podcast with Friday's episode. Join hosts Jones Angell and Adam Lucas as they also welcome UNC Athletic Director Bubba Cunningham to discuss all things Tar Heel athletics. Carolina Insider is a twice-weekly production hosted by Angell and Lucas.
UNC Examining Impact of New Tax Law on Athletics
North Carolina’s athletic department is still digesting potential consequences brought about by recent changes in tax legislation. The Tax Cuts and Jobs Act, signed into law on Dec. 22, could provide a hit from multiple directions to the bottom line of major athletic programs such as UNC’s. “The tax law is concerning,” UNC athletic director Bubba Cunningham said.
UNC Trademarks and Licensing contributes more than $3.5M to scholarships
UNC’s Trademarks and Licensing office transferred $3,524,316 to the Office of Scholarship and Financial Aid, contributing to Chancellor Folt’s goal of keeping Carolina affordable for students. The money came from revenue made during the 2016-2017 fiscal year. All net revenue from the trademark licensing program goes directly to merit and need-based scholarships.
UNC athletic director Bubba Cunningham discusses NCAA case, college basketball
Bubba Cunningham quickly figured out the crowd at the at the Raleigh Sports Club on Wednesday. “I’ll take questions from anyone wearing blue,” Cunningham joked. The UNC AD hit on a range of topics, from facility projects to the end of the school’s NCAA scandal, in about 40 minutes with the group. A sample of Cunningham’s thoughts and answers to the questions:
Carolina Athletics Launches New Strategic Plan: Together We Win
In 2012 Carolina Athletics unveiled its strategic plan. It defined a new mission statement -- "We educate and inspire through athletics" -- and initiated processes that guided UNC Athletics until 2017. Those processes laid the foundation for an updated strategic plan, "Together We Win," which was unveiled Tuesday. It keeps the same mission statement and adds a fresh focus: People.
UNC receives 10-year accreditation from regional agency
The Board of Trustees of the Southern Association of Colleges and Schools Commission on Colleges reaffirmed Carolina’s accreditation for the next 10 years at the board’s Dec. 5 meeting in Dallas. Campuses must demonstrate compliance with core requirements and comprehensive standards to earn reaccreditation.
A Parting Shot About the Dan Kane SACS Smackdown
After the NCAA decision last month, the N&O trotted out stories and editorials decrying the decision and pounding the drums of an academic scandal. This time, however, there were no big guns; only future investigative team colleague Andrew Carter, UNC’s beat reporter, attempted to weakly defend Kane’s reporting and actions. It would seem the N&O has finally raised the white flag.
Chansky’s Notebook: Well-Earned, Boss!
Bubba Cunningham has proved the right man for the job. It seems like UNC’s athletic director has been in the news a lot lately. Cunningham signed an extension last week that will keep him at Carolina through 2023, perhaps longer. It is well-deserved. Cunningham has guided Tar Heel athletics through its most troubling and most satisfying period over the last six years.
UNC, SACS, and misinformation exposed
On Tuesday, the official Twitter for UNC posted a letter that they received from the President of the Southern Association of Colleges and Schools, better known as SACS. The group is the accreditation agency that has given UNC the power to grant degrees, and the letter was in response to some questions that had been raised by...well, I think Dr. Wheelan puts it well:
UNC athletics director Bubba Cunningham signs 6-year deal to stay in Chapel Hill
North Carolina Athletics Director Bubba Cunningham will be back for another six years after signing a deal to extend his tenure. Cunningham was first hired as UNC's athletics director in 2011. During Cunningham's tenure, Tar Heel teams have won nine national titles, finished in second place 10 times and logged more than 25,000 hours of community service.
UNC Launching $10 Million Plan to Prepare for ACC Network
Construction is ongoing on UNC’s campus that will provide new venues in which fans can watch their favorite teams. Soon, even more construction will benefit UNC fans who watch those teams on television. In preparation for the debut of the ACC’s dedicated TV channel in the fall of 2019, UNC has started a $10 million project to accommodate increased demands for programming.
Carolina posts SACSCOC letter to Folt clarifying position on NCAA findings
Dear Dr. Folt: I am writing to you after having read the article written by Dan Kane that appeared in a North Carolina newspaper last Thursday. I have no doubt that it must have created much consternation at the University. I want you to know, however, that I did NOT tell Mr. Kane we were reopening the investigation into the University. - Belle S. Wheelan, President, SACSCOC