The U. 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.

For the 2010-2011 year, the university will begin to charge students for baseball game tickets. They also announced the debut of all-sport passes (on sale July 1), which include football, basketball and baseball student season tickets for $125 per pass.

The university will sell 2,000 of these passes and then charge $84 for football, $48 for basketball and $68-72 for baseball tickets. Boone estimated the new ticket structure added $100,000 to the projected revenue.

Expenditures

According to Boone, $15.8 million of the expenditures will go towards salaries, wages and fringe benefits for the athletic department. He also said that $7.2 million will cover scholarships for the university’s student athletes, $1 million will cover the cost of utilities for the athletic buildings and $3.8 million will cover student-athlete travel costs.

The football program is projected to spend $8.9 million (20 percent) of the expenditures, the basketball team $2.5 million (6 percent) and the baseball team $1.3 million (3 percent).