[{"_1":2,"_124":-5,"_125":-5},"loaderData",{"_3":4,"_26":27},"root",{"_5":6,"_17":10,"_18":19,"_20":21,"_22":10,"_23":-5,"_24":-5,"_25":10},"user",{"_7":8,"_9":10,"_11":10,"_12":-5,"_13":-5,"_14":15,"_16":-5},"roles",[],"isAuthenticated",false,"isPremium","planName","subscriptionStatus","featureFlags",{},"insightsBudget","isDevelopmentHost","userPreferences",{},"recaptchaSiteKey","6LcvOJcUAAAAAHsB-gPGfGktcRlKpH7OTIU_dMTD","isImpersonating","impersonation","affiliateStatus","isFreedomPortal","routes/v2/article/layout",{"_28":29,"_30":31},"notFound",true,"relatedArticles",[32,76,88,100,112],{"_33":34,"_35":36,"_37":38,"_39":40,"_41":42,"_43":44,"_45":46,"_47":48,"_49":50,"_51":52,"_53":54,"_55":56,"_57":58,"_59":60,"_61":62,"_63":64,"_65":66,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},"mediaId",6516326,"mediaKeyId","5749340-37140c7403a4923403650ba8937897aa","parentId",5749340,"title","Regents hear athletic department report outlining FY26 budget pressures and $20.5M institutional NIL commitment","audioSeconds",1544,"startMs",1168000,"endMs",2712000,"viewUrl","/Search/View?dp=1&key=5749340-37140c7403a4923403650ba8937897aa&start=1168&end=2712","thumbnailUrl","https://assets.pipeline.soar.com/5749340-37140c7403a4923403650ba8937897aa/thumbnail_1168000.jpg","articleUrl","/articles/6516326/Minnesota/Regents-hear-athletic-department-report-outlining-FY26-budget-pressures-and-205M-institutional-NIL-commitment","mediaUrl","https://secure.pipeline.soar.com/6516326-2015876a7e047f6b37fab8d47c6b203f/orig.mp4?Expires=1770555368&Signature=Oz2Kck6M2UHbPkvodau04kPJ2IO1k5b~dhUtc3nLk5qlZrC7uozPntlA2DdWQetwAraXejit~0TYUn64fhxPSKuPvvH5jbV0qYn9KLk1JZA2LQPEdFqN91AUzJx3B6BB1-lzV9MZa7ntf6Nw3tvplLzGUz5iiAlZ319zYO2ECy47mDNIbZ3V8KyBq7d7nmHUGkqhYiBiudUGUAgZ0x-3XscjS~LIe-2tSgqyPKibWSCh5~qx2Ihqlfg8ZnD39WTWms0PWOTYiUqe-IvA5kapv6PnMgCTPiYslh-yFLtakD5B9WiK4yf~4foZo3u8Wq24l33ekcrMBejphWNGt1T4sw__&Key-Pair-Id=KUT5TJCACFTXG","author","University of Minnesota Board of Regents","date","2025-07-10T03:52:46Z","article","The University of Minnesota Board of Regents received a detailed annual report on athletics finances and operations from Athletic Director Mark Coyle and Deputy Athletic Director and CFO Tim McCleary, who said the department expects to close FY25 balanced but faces a projected FY26 operating gap driven largely by a new institutional NIL commitment and related settlement costs.

In his presentation, Coyle highlighted recent academic and competitive achievements — a 95% graduation rate and a cumulative student-athlete GPA of 3.46 — and reviewed revenue drivers including Big Ten media distributions, NCAA shares and ticketing. \"We will still provide a world-class education and tremendous athletic opportunities for our student athletes as we navigate this changing landscape,\" Coyle said.

Nut graf: Regents were given line-item detail showing how media rights, ticketing, fundraising and sponsorships support athletics while new obligations — including a $20,500,000 institutional NIL commitment and settlement-related payments — create a larger budgetary delta for FY26 that the department plans to manage with campus partners.

Tim McCleary presented the department's financial summary and FY26 budget assumptions. He told the board that FY25 is expected to finish balanced, in part because a $3.5 million contingency for direct NIL payments in FY25 was not used. For FY26, McCleary said the operating budget was submitted with $165,400,000 in total revenue and $174,200,000 in total expenses. \"The budget reflects continued investments and market driven competitive factors, including the $20,500,000 in institutional NIL and the transition in leadership for our men's basketball program,\" he said.

The report broke down major revenue categories: Big Ten and NCAA distributions (dominated by TV/media revenues), ticket sales (with football, men's basketball and men's hockey the largest contributors), fundraising and sponsorships, and a growing \"other\" category (licensing, concessions, facility rentals, endowment earnings). McCleary said Big Ten TV contracts are the department's largest revenue source and include escalators that help manage inflationary pressures.

McCleary described expense pressures: salaries and benefits remain the largest cost and the department benchmarks below many Big Ten peers for coaching and support positions; core operating budgets remain well below pre-COVID levels when adjusted for inflation; and facility maintenance and utility costs are rising. He said the department has taken a variety of cost actions, including position realignments and a FY26 5% operating reduction across multiple units to help fund institutional NIL and settlement obligations.

The presentation also reviewed nonoperating items: debt service, ongoing facility investments (including ice plant replacements and a new women's gymnastics practice facility), tuition reduction and campus support transfers. McCleary said athletics contributes to the university beyond direct revenue, including tuition, room and board paid by non-full-ride student-athletes, student employment, sponsorship allocations and enrollment effects tied to Big Ten membership.

Coyle and McCleary noted opportunities that will affect FY26 revenue, including two large event rentals (a Farm Aid concert at Huntington Bank Stadium and the World Junior Hockey Tournament) and the upcoming United States Special Olympics using campus facilities next summer. Coyle closed by announcing the March hire of Nico Medved as the men's basketball head coach and described him as an experienced leader with regional ties.

Regent questions focused on the magnitude and persistence of the FY26 budget delta and what campus support might be required. Coyle and McCleary said athletics will continue to work with President Cunningham and campus leadership to manage the change, but cautioned that sustaining competitive programs while funding institutional NIL will require continued attention to revenue generation and expense management.

Ending: Regents thanked Coyle and McCleary for the presentation. The board did not take formal action on the budget at the meeting; presenters said they will continue planning with campus partners and return with additional details as available.","mediaType","Video","parentTitle","July 9, 2025 - Board of Regents Meeting, University of Minnesota","oneSentenceSummary","The University of Minnesota Board of Regents received a detailed annual report on athletics finances and operations from Athletic Director Mark Coyle and Deputy Athletic Director and CFO Tim McCleary, who said the department expects to close FY25 balanced but faces a projected FY26 operating gap driven largely by a new institutional NIL commitment and related settlement costs.","taxTitle","University of Minnesota, Public Universities Board of Trustees Meeting, School Boards, Minnesota","taxId",80592,"location","Minnesota","headline","","shortSummary",{"_33":77,"_35":36,"_37":38,"_39":78,"_41":79,"_43":80,"_45":81,"_47":82,"_49":83,"_51":84,"_53":85,"_55":56,"_57":58,"_59":86,"_61":62,"_63":64,"_65":87,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6516311,"President Cunningham outlines strategic priorities, condolences for recent violence and ongoing confidential health-care negotiations",443,410000,853000,"/Search/View?dp=1&key=5749340-37140c7403a4923403650ba8937897aa&start=410&end=853","https://assets.pipeline.soar.com/5749340-37140c7403a4923403650ba8937897aa/thumbnail_410000.jpg","/articles/6516311/Minnesota/President-Cunningham-outlines-strategic-priorities-condolences-for-recent-violence-and-ongoing-confidential-health-care-negotiations","https://secure.pipeline.soar.com/6516311-d331a030ba7cbd4615450db12511ac88/orig.mp4?Expires=1770555368&Signature=WsNetROJyBN2iFnz1b-DYjCJrPiO1DBRcJEskxjcmyu53WU9v1L3j3YIDTPSUSdyUhtVl33a8vN8d1NuQYuxE~mJ-g4P52C4yEnpaSEVEboijgkgObCYjJxXmr3anD09nB3Cs3aD~VOTXQJN7Osj3Yva0hnPZ-twudo7wi5qPEtybhDKvkQGHSnc2ye2e725DbNAFP1EedUTDTE0Be6P6k6~mZIS0GZBfK3mTeeHI9Lj73B55lNETpqnnYZXd6DZAnpTp-Ah~3H9kn1gQRN4wWpwSkLzroYrfaolNa2lCcxW7yEjbyGFFXfrJO4m9lF4S1xAjb-aETPei0uBNjJGqg__&Key-Pair-Id=KUT5TJCACFTXG","President Cunningham opened the university's report to the Board of Regents with an extended statement of condolence following recent violence against public officials and reviewed several system priorities, including the Maroon, Gold and Bold strategic plan and confidential negotiations over the university's physician practice and medical school partnership.

Nut graf: The president framed strategic planning and system-level coordination as responses to a changing higher-education landscape, and she told the regents that confidential talks with current and potential health-care partners are underway to determine the organizational model that best serves Minnesota's clinical, educational and workforce needs.

Cunningham began by asking regents to acknowledge \"the deep shock and lasting wound we suffered last month\" after violent attacks on public servants, offering sympathy to the families involved and noting the university's role defending free speech and civic engagement. \"Political violence seeks to stifle speech... The University of Minnesota seeks to benefit all through the free flowing and respectful exchange of ideas and perspectives,\" she said.

Turning to institutional priorities, the president previewed the system strategic plan, \"Maroon, Gold and Bold,\" as a 10-year plan focused on education, addressing societal challenges and deepening campus-community partnerships, with emphasis areas including environmental health, human health and artificial intelligence. She said more implementation detail will arrive in coming months.

Cunningham also discussed health-care operations: the board created a medical school and a University of Minnesota Physicians clinical practice, both of which she described as foundational to state patient care and workforce development. \"We are in the midst of confidential negotiations with our current partner, Fairview Services, and another major provider, Essential Health,\" she said, to explore a partnership and organizational model that can address Minnesota's needs. She asked for patience as negotiations remain confidential.

The president announced the system's selection of Dr. Gretchen Ritter as executive vice president and provost, beginning July 31, and thanked outgoing interim leaders. She closed with a candid assessment of structural pressures facing higher education and a call for courage and resilience in addressing an ongoing national crisis in the sector.

Ending: Regents acknowledged the remarks and the president said the board would discuss strategic and financial implications further in an upcoming retreat and future meetings.","President Cunningham opened the university's report to the Board of Regents with an extended statement of condolence following recent violence against public officials and reviewed several system priorities, including the Maroon, Gold and Bold strategic plan and confidential negotiations over the university's physician practice and medical school partnership.",{"_33":89,"_35":36,"_37":38,"_39":90,"_41":91,"_43":92,"_45":93,"_47":94,"_49":95,"_51":96,"_53":97,"_55":56,"_57":58,"_59":98,"_61":62,"_63":64,"_65":99,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6516316,"Board hears universitywide alumni engagement report: 641,000 living alumni, $65.9B economic impact in Minnesota",1088,4487000,5575000,"/Search/View?dp=1&key=5749340-37140c7403a4923403650ba8937897aa&start=4487&end=5575","https://assets.pipeline.soar.com/5749340-37140c7403a4923403650ba8937897aa/thumbnail_4487000.jpg","/articles/6516316/Minnesota/Board-hears-universitywide-alumni-engagement-report-641000-living-alumni-659B-economic-impact-in-Minnesota","https://secure.pipeline.soar.com/6516316-652647097ec23e0268b5bc0af142c832/orig.mp4?Expires=1770555368&Signature=P9mKzpx11rXYCENRWte0K1x4w07h4GKaOpfXsjhhzuqukAWwcAGRubKKqEEJr71kjcCp0uNg5~L1ZnIBJyattNP7W0TDC9J4D3xuD2SPHkdxhIPtEBS~VhDjb5qoKURbML4IVA7Jz2T0S7f5FjgYuShM5qXhfNaChFA0b0Lxzrjx1luIqmvvmHVUfVEaMYN6jwbXOgCfkooK0hQHdionvO86~RldAtm2AC7G5e3bsltF8e0CMaXv06bB38fsOJWbsKLutCOGBZc4fhxCIgKJrH4B6BFjgsjto3jveoc98HqeWmQ-CfeKskV1-gmyIn7TsurxnvJL8JW8cujemHpFRw__&Key-Pair-Id=KUT5TJCACFTXG","University of Minnesota advancement and alumni leaders presented a universitywide alumni engagement report to the Board of Regents, saying the alumni network now includes 641,000 living graduates worldwide, with about 62% living in Minnesota, and that alumni collectively contribute an estimated $65.9 billion to the state economy.

Nut graf: Presenters described a shift toward a coordinated, systemwide alumni strategy aimed at amplifying the value of all five campuses' alumni networks for recruitment, student mentoring, advocacy and philanthropy while preserving each campus' distinct identity.

Kevin Thompson, director of advancement and alumni relations at Crookston, summarized system-level engagement metrics and introduced campus presenters. The report highlighted several measures of alumni impact: a statewide economic contribution estimate of $65.9 billion, an alumni market listing more than 250 alumni-owned businesses, and more than 16,000 mentors and role models registered on the UMAA's Maroon and Gold Network.

Lindsey Hemker of Rochester and other campus presenters described alumni's role in Minnesota's health-care workforce, community mentorship and local entrepreneurship. \"Around 70% of the state's health professional workforce are trained right here at the university,\" Hemker said, citing Rochester campus outcomes and alumni serving in rural clinics and regional hospitals.

Jeff Lamberti (Morris) and Matt Duffy (Duluth) detailed alumni activities that support enrollment and student success: alumni acting as ambassadors at college fairs, mentoring programs that matched hundreds of students with alumni, and volunteer efforts that include advisory boards and interview panels for scholarships. UMAA CEO Lisa Lewis said the association will convene an advisory group over the next year to develop a framework for deeper universitywide alumni coordination while honoring each campus' unique relationship with its graduates.

Regents and presenters discussed how alumni engagement supports recruitment, legislative advocacy and fundraising. The UMAA noted more than 1,100 alumni advocates took action in the past year and more than 36,000 alumni donated in FY24, contributing $218 million in donations. Presenters said alumni volunteers also helped with regional advocacy events and webinars on federal policy affecting higher education.

Ending: Regents praised the campus presenters and encouraged further work to deploy the alumni network in support of enrollment, student success and legislative outreach. UMAA leaders said they will return with an implementation framework for system-level coordination in the coming year.","University advancement and University of Minnesota Alumni Association leaders told the Board of Regents the system now counts 641,000 living alumni, 62% of whom live in Minnesota, and cited a campuswide alumni model to increase coordinated engagement, mentoring and recruitment.",{"_33":101,"_35":36,"_37":38,"_39":102,"_41":103,"_43":104,"_45":105,"_47":106,"_49":107,"_51":108,"_53":109,"_55":56,"_57":58,"_59":110,"_61":62,"_63":64,"_65":111,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6516321,"Working group proposes systemwide changes to simplify transfers, calendar and cross-campus enrollment",809,2965000,3774000,"/Search/View?dp=1&key=5749340-37140c7403a4923403650ba8937897aa&start=2965&end=3774","https://assets.pipeline.soar.com/5749340-37140c7403a4923403650ba8937897aa/thumbnail_2965000.jpg","/articles/6516321/Minnesota/Working-group-proposes-systemwide-changes-to-simplify-transfers-calendar-and-cross-campus-enrollment","https://secure.pipeline.soar.com/6516321-98956f96073b633a4cce321d32efdcf8/orig.mp4?Expires=1770555368&Signature=knGE9RziqEr2x94HVNqlEsPKJE3p3f830V6YHAaHRjUOeg6reEkBO5rjkdxQtostJD62ksL3iHfrQTtcIvF5Q11Nu8xhgMFY~dPEXTY8T~Bw~8X0BzIr~El0uplZSEydg8PWZz-QHQwQAnoNhE-~X-HQ4iPZyflbWGM6Xyi1XMp6zp9FSc3F88GuKg91Pqj~LeerEMtl-fxMoFJPO2Lx8eJiUKSZG~99lm547OYGNkt8hkoYytpQo8Ff8QPi7JSWScrBcIyNTRGszr2eyf4eo2JH1QxEyho41XO6VlmVZQnPi~o-Kb871F~Kifbw-0pIB3bmqUYlBiEx7K~Bm4Tn8Q__&Key-Pair-Id=KUT5TJCACFTXG","University of Minnesota chancellors Laurie Carroll and Mary Holz-Clause and Vice Provost Ra (Raj) Singh presented recommendations from a system optimization working group that the Board of Regents charged last fall to identify structural changes to make the university's five campuses operate more cohesively for students.

The working group recommended a phased approach focused first on student-facing barriers: a common academic calendar across campuses; more transparent course equivalencies and transfer policies within the University of Minnesota system; a schedule-builder tool that shows online and cross-campus course options side-by-side; and simplification of the multi-institution tuition and fee process to reduce administrative friction and student confusion.

Nut graf: Regents were presented a concrete list of student-centered priorities and a recommended coordinating structure (a system collaborative led by a vice president for strategic initiatives) to shepherd the work, with the understanding that many recommendations will require further technical analysis and multi-year implementation.

Vice Provost Raj Singh said the group's priority is that \"a student perceives us as one university with five campuses irrespective of which campus has taught their academic journey.\" He outlined five imperatives: a common academic calendar, transparent course equivalencies, default recognition of general education completion across UMN campuses (similar to Minnesota transfer curriculum rules), an improved schedule-builder showing cross-campus options, and simplification of the multi-institution tuition and fee process.

Chancellor Mary Holz-Clause and Chancellor Laurie Carroll emphasized cultural and structural change. Carroll described a recommended \"system collaborative\" to coordinate the work and suggested rapid-innovation subgroups for recommendation-specific technical tasks. Holz-Clause urged clearer shared expectations for system roles and suggested annual gatherings of staff with system responsibilities and stronger coordination for new research centers and institutes so they are accessible to faculty across campuses.

Regents asked about outreach to research and outreach centers and implementation timelines. Presenters said research and extension units were consulted and that some items will take years to implement; each recommendation will need follow-up task forces, implementation timelines and budget assessments. Regent Tad Johnson and others noted immediate practical benefits for students in northeastern Minnesota and other regions if calendars and tuition processes are aligned.

Ending: The regents expressed support and cautioned that implementation will require sustained work. Presenters and the president said they will bring updates and more detailed implementation plans, including costs and timelines, as the work moves from recommendation to execution.","A system optimization working group proposed a set of phased recommendations centered on the student experience, including a common academic calendar, clearer course equivalencies across campuses, a shared schedule builder exposing cross-campus online courses, and simplification of multi-institution tuition and fee processes.",{"_33":113,"_35":36,"_37":38,"_39":114,"_41":115,"_43":116,"_45":117,"_47":118,"_49":119,"_51":120,"_53":121,"_55":56,"_57":58,"_59":122,"_61":62,"_63":64,"_65":123,"_67":68,"_69":70,"_71":72,"_73":74,"_75":74},6516306,"Regents approve minutes and consent report by voice vote",49,352000,401000,"/Search/View?dp=1&key=5749340-37140c7403a4923403650ba8937897aa&start=352&end=401","https://assets.pipeline.soar.com/5749340-37140c7403a4923403650ba8937897aa/thumbnail_352000.jpg","/articles/6516306/Minnesota/Regents-approve-minutes-and-consent-report-by-voice-vote","https://secure.pipeline.soar.com/6516306-c468c4bf7e8c0ec047f2b4b7b7678672/orig.mp4?Expires=1770555368&Signature=TpvX2tqBzHm3KW22NIYvH9aSyl376tdcJHy7r-koAccRSACtHjn598vVpVYIaYfbxp5G8rH7l5I2bVoSgz-XlqsNiyE6cAjH~Eg71RjYBdj8X3SthIjOEKte5sEAdc~FSt3MHb070fx2ebiXhAcMVuuWxUJb~qaq48j9PkR5p0mnqbvA4VSdL9ZtP3pikq0jwv1jlfXZtOFNr6QGdThExfHrHoee9H85luVhkYaXqvzeDrhbAs7qjTDZEJlOOLTsOxr-yZLR83fT1KlhqnaGoQwSwZDM8VzhkpPhVPMdBxUfmo3AxiJd6-WJV74ogpOQI2KPE6Q0SNMoG9R5Gxjrfg__&Key-Pair-Id=KUT5TJCACFTXG","The University of Minnesota Board of Regents moved to approve the draft minutes from the previous meeting and the consent report, which included gift acceptances and the consent items from the Finance and Operations Committee and the Mission Fulfillment Committee. Chair Hipps asked whether anyone wished to remove an item from the consent report and then called for a motion and second.

\"It has been moved and seconded. Is there any discussion? Hearing none, all those, in favor, please say aye,\" Chair Hipps said. Members responded \"Aye,\" and Chair Hipps declared the motion approved.

Nut graf: The consent agenda motion passed by voice vote; no roll-call tally or separate vote on consent items was recorded in the meeting transcript.

Ending: The board proceeded to the president's report following approval of the minutes and consent report.","The Board of Regents moved to approve the draft minutes and the consent report (which included gifts and consent items from the Finance and Operations and Mission Fulfillment committees); the motion was seconded and passed by voice vote with no opposition recorded.","actionData","errors"]

Article not found

Regents hear athletic department report outlining FY26 budget pressures and $20.5M institutional NIL commitment

President Cunningham outlines strategic priorities, condolences for recent violence and ongoing confidential health-care negotiations

Board hears universitywide alumni engagement report: 641,000 living alumni, $65.9B economic impact in Minnesota

Working group proposes systemwide changes to simplify transfers, calendar and cross-campus enrollment

Regents approve minutes and consent report by voice vote