Invest in Training to Stretch Athletic Department Dollars: 3 Tips to Maximize your Budget
Q: Does investment in athletic training help to maximize or stretch an Athletic Department budget?
A: Yes, if coaches can produce stronger teams that have more wins than losses.
Granted each city or community has their own unique challenges but a majority of sports programs have become extremely vulnerable to budget reductions. To many educators and coaches, athletic opportunities for students are still seen as extremely valuable and no one is willing to let them go without a fight.
How can Athletic Directors invest in training to maximize their budgets?
Take a look at the high schools or colleges in your area. Many schools with winning titles have dollars invested in the athletic development or training. By spending money, many of these schools are generating revenue for the school or booster clubs due to increased attendance.
Take a look at a recent article from New Haven Register: "Revealing Look into Area High School Athletic Budgets". As the author, Chris Hunn stated, "The ultimate goal of this project was to see if money spent equates to success on the playing field. But each budget is a bit different. There is no formula or exact science to figure this out. But take a look at the highest three athletic budgets: Amity, $868,882 (also includes middle school); Guilford, $676,233 (also includes middle school) and Cheshire, $669,174. Those three schools have combined for 15 team state titles since 2010."
Athletic directors should work with their coaches to determine an investment that makes long-term sense for the players and for the school. Identify the essentials in your budget and then look at the items that will grow your teams.
3 Tips for Stretching Dollars:
- Do you have a Booster Club? If not, start a Booster Club - Instead of trimming the budget to nothing, challenge your community to rally together to raise the funds for support of your schools program.
- Add Summer Camps or Tournaments - Excellent programs that will generate income - if they can be coordinated and run with the support of a booster club or volunteers.
- Invest in Training Equipment - Many departments feel their program is too small or does not have the capital funds for this type of investment. However, by investing in your team with high quality training equipment - your basketball or volleyball team could become a revenue generating program! Essentially over time, a Dr. Dish Basketball Team Trainer or an AirCAT Volleyball Drill Machine will pay for themselves.
Do you agree with these three tips to stretch and invest in your teams/programs? Add your comments or thoughts to our post.
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Posted on Fri, December 27, 2013