UNM athletics struggles to balance budget - Geoff Grammer, ABQ Journal

In one of the poorest states in the nation, can UNM, which has only one of its 21 intercollegiate sports teams (men’s basketball) turning a profit each fiscal year, justify receiving well more than $2 million per year in state subsidies for athletics? Can it justify student fees totaling $4 million, a figure that has more than doubled in the past two years despite the objections of student representatives on campus? University President Robert G. Frank, a former Lobo swimmer, says he’s concerned about the out-of-control spending that seems to be running rampant in college athletics. Nevertheless, he remains confident that the investment in sports is a wise one. “I think athletics has a real value to the University of New Mexico,” Frank said, referring not only to the community pride successful Lobo teams cultivate around the city and state, but also to the immeasurable marketing value a university receives when its teams are on national TV. http://www.abqjournal.com/432354/sports/in-the-red.html