When Kentucky released its proposed athletics budget in June, it showed an increase of $3.1 million in the overall football budget, which comes in at $12,587,627 overall.
That got me curious about where and how the new money is going to be spent. An analysis of the budget and discussions with UK officials provided these tidbits:
- About $2.3 million of that money goes into salaries, with $1.15 million going toward new head coach Mark Stoops, his coaches and other football support staff as well as their benefits.
- The other half of that $2.3 million will go toward paying off contracts of former coaches on Joker Phillips’ staff, said spokesman Tony Neely, who confirmed that Phillips’ buyout already came in a lump sum. Several staff members have an additional year of contract payments due to them.
- These include the three former assistant coaches who have yet to find new employment: special teams coach Greg Nord, running backs coach Steve Pardue and linebackers coach Chuck Smith.
The remaining $800,000 of new cash is spread out within the budget, highlights of that spending include $160,000 more going toward team travel compared to last season. The recruiting budget got a bump of $125,000 more than the season before. This figure includes travel and visits, Neely said.
Visiting team guarantees (Miami, Ohio, and Alabama State home games) are up $75,000 from the payouts the year before as well.