Looking at the statement of revenue and expenses in 2018 and 2019 here above but also at the schedule of cash receipts and disbursements in 2017, describe the financial position of the athletics department. Is the department in a good position financially? Could it sustain operation without subsidization from its university? Give 2 cost cutting and 2 revenue enhancing proposals for the department.

University of Wyoming Intercollegiate Athletics Program Statement of Revenues and Expenses (Unaudited) (continued) Year Ended June 30, 2018 Men's Basketball Women's Basketball Other Sports Football Non-program Specific Total 443,234 2,572,414 950,000 421,129 336,500 396,229 51,500 2,964,613 54,250 6,797,619 1,392,250 4,361,464 1,279,553 789,748 2,055,669 8,486,434 20,687 15,650 6,325 180,848 223,510 458,095 232,353 103,434 271,709 6,423,835 7,489,426 24,313 Operating Expenditures Athletics student aid Guarantees Coaching salaries, benefits and bonuses paid by the University and related entities Coaching salaries, benefits and bonuses paid by a third party Support staff/administrative compensation, benefits and bonuses paid by the University and related entities Support staff/administrative compensation, benefits and bonuses paid by a third party Recruiting Team travel Sports equipment, uniforms and supplies Game expenses Fundraising, marketing and promotion Spirit groups Athletic facilities debt service, leases and rental fees Direct overhead and administrative expenses Indirect University support Medical expenses and medical insurance Memberships and dues Student-athlete meals (non-travel) Other operating expenses Bowl expenses Bowl expenses - coaching compensation/bonuses 1,269 494,085 568,546 524,295 288,317 4,109 9,500 177,338 547,224 89,636 141,872 1,165 49,915 461,451 28,103 112,075 10,800 166,028 1,157,461 247,449 88,648 2,559 45,882 887,366 2,734,682 957,702 1,343,665 4,868,551 76,970 450,000 1,352,134 530,548 889,708 548,514 1,058,060 2,008,566 653,656 209,865 19,573 17,417 14,908 68,219 712,753 4,860,718 76,970 450,000 1,123,848 530,548 889,708 529,618 234,210 1,897,260 176,388 2,705 611,484 53,160 653,656 209,865 1,339 46,967 20,338 99 47,877 12,290 14,753 117,522 25,518 Total operating expenditures 11,793,724 _ 3,337,981 - 2,073,954 - 7,534,215 _ 18.265,234 _ 43,005,108 Excess (Deficiency) of Revenue Over Expenditures $ 1.688,236 $ (65.453) S (338,861) $ (1.965,292) $ 2.586,903 $ 1.905,533 University of Wyoming Intercollegiate Athletics Program Statement of Revenues and Expenses (Unaudited) Year Ended June 30, 2019 Men's Basketball Women's Basketball Other Sports Non-program Specific Football Total $ 578,103 481,702 $ 346,115 164,832 $ 2,703,302 1,613,044 $ $ 87,277 1,213,678 257,056 526,743 2,268,940 3,527,875 536,584 4,142,521 1,054,699 905,846 3,891,852 Operating Revenues Ticket sales Direct state or other government support Student fees Direct University support Indirect University support Guarantees Contributions In-kind Compensation and benefits provided by a third party Media rights NCAA distributions Conference distributions (Non Media and Non Bowl) Conference distributions Program, novelty, parking and concession sales Royalties, licensing, advertisement and sponsorships Athletics restricted endowment and investments income Other operating revenue 350,000 190,434 109,758 42,140 970,857 100,000 3,310 45,841 25,900 158,046 39,482 6,500 368,551 98,407 184,400 9,004,879 983,431 32,029 3,971,853 3,999,999 2,268,940 13,522,793 536,584 450,000 9,567,174 1,276,919 290,969 1,128,903 1,166,603 685,426 1,501,863 741,060 2,016,137 1,915,012 2,006,617 1,166,603 602,888 12,336 70,202 1,501,863 182,214 50,861 33,056 14,204 32,787 460,725 2,016,137 1,045,346 1,744,744 377,579 204,462 90,644 9.688 368,656 47.723 Total operating revenues 12,458,376 _ 3,134,137 _ 1,608,499 _ 6,274,748 _ 23,571,092 47,046,852 University of Wyoming Intercollegiate Athletics Program Statement of Revenues and Expenses (Unaudited) (continued) Year Ended June 30, 2019 Men's Basketball Women's Basketball Other Sports Non-program Specific Football Total 282,442 2,735,878 700,000 442,368 346,500 460,866 23,500 3,137,317 53,150 7,058,871 1,123,150 5,150,657 1,266,916 781,969 2,155,518 9,355,060 36,340 16,900 5,500 176,400 235,140 1,043,060 221,043 143,928 336,846 7,678,103 9,422,980 32,029 Operating Expenditures Athletics student aid Guarantees Coaching salaries, benefits and bonuses paid by the University and related entities Coaching salaries, benefits and bonuses paid by a third party Support staff/administrative compensation, benefits and bonuses paid by the University and related entities Support staff/administrative compensation, benefits and bonuses paid by a third party Recruiting Team travel Sports equipment, uniforms and supplies Game expenses Fundraising, marketing and promotion Spirit groups Athletic facilities debt service, leases and rental fees Direct overhead and administrative expenses Indirect University support Medical expenses and medical insurance Memberships and dues Student-athlete meals (non-travel) Other operating expenses 5,800 528,216 1,047,270 1,010,603 169,038 328,538 9,000 161,632 532,672 48,374 179,800 1.971 1,000 52,871 486,441 21,914 194,852 8,000 165,358 1,534,794 522,504 92,417 5,258 9,699 195,246 663,424 5,941,846 91,248 55,829 908,077 3,610,876 1,798,641 1,299,531 6,277,623 91,248 450,000 1,474,110 450,000 48,252 7,279 8,379 20,396 100 396,248 165,185 225 724 28,060 42.829 16 36,005 59,175 1,389,804 536,584 1,247,499 519,005 798,410 879,182 120 4,671 120,635 158,211 Total operating expenditures 13.815,185 3.329,651 2,253,068 8,491,595 20,264,521 Excess (Deficiency) of Revenue Over Expenditures $ (1.356,809) $ (195,514) $ (644,569) S (2.216,847) $ 3,306,571 UNIVERSITY OF WYOMING INTERCOLLEGIATE ATHLETICS DEPARTMENT SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS Year Ended June 30, 2017 Men's Basketball Women's Basketball Other Sports Non- Program Specific Football Total $ 2,810,565 S 840,845 $ 235,953 $ 81,736 $ 466,701 2,063,982 540,000 200,236 100,950 50,000 95,749 47,594 25,000 780 37,496 $ 4,435,800 2,063,982 615.000 7,217,509 359,581 280,850 122,453 6,639,894 51,088 41,000 20,000 41,225 214,940 75,594 392,759 1,782,279 3,580,857 405,418 920,820 350,062 786,549 882,546 3,099,021 579,695 5,883,218 (2,379,045) 4,000,000 14,270,465 (2,379,045) 496,642 496,642 Receipts: Ticket sales Student fees Guarantees Contributions In-kind Compensation and benefits provided by a third party Direct state or other government support Direct institutional support Less: transfers to institution Indirect facilities and administrative support NCAA/Conference distributions, including all tournament revenues Conference distributions (non-media and non-bowl) Broadcast, television, radio, and internet rights Program sales, concessions, novelty sales, and parking Royalties, licensing, advertisements, and sponsorships Sports camp revenues Endowment and investment income Other Total receipts 1,977,595 668,468 984,721 3,630,784 1,814,769 288,396 2,103,165 246,642 93,619 23,222 10,870 190,270 564,623 1,757,820 1,757,820 39,506 474,217 36,500 2,390 13,133,783 24,800 52,975 3,508,684 201,219 11,530 4,905,165 776,242 66,895 40,372,222 1,539,793 1 7,284,797 Continued UNIVERSITY OF WYOMING INTERCOLLEGIATE ATHLETICS DEPARTMENT SCHEDULE OF CASH RECEIPTS AND DISBURSEMENTS (Continued) Year Ended June 30, 2017 Men's Basketball Women's Basketball Other Sports Non- Program Specific Football Total $ $ $ 2,349,310 1,090,000 386,580 304,000 364,788 63,500 $ 2,992,744 37,000 $ 1,077,692 . $ 7,171,114 1,494,500 3,944,856 1,528,128 824,433 2,210,263 8,507,680 41,000 20,000 41,225 214,940 317,165 353,624 45,333 107,447 280,063 6,858,230 7,644,697 75,594 75,594 Disbursements: Athletic student aid Guarantees Coaching salaries, benefits, and bonuses paid by the University and related entities Coaching, other compensation, and benefits paid by a third party Support staff/administrative salaries, benefits, and bonuses paid by the University and related entities Support staff/administrative other compensation and benefits paid by a third party Severance payments Recruiting Team travel Equipment, uniforms, and supplies Game expenses Fund raising, marketing, and promotion Sports camp expenses Direct facilities, maintenance, and rental Spirit groups Indirect facilities and administrative support Medical expenses and medical insurance Memberships and dues Student athlete meals (non-travel) Other operating expenses and additional transfers to Institution Total disbursements 485,473 1,052,524 305,440 231,919 147,194 391,556 65,387 154,075 36,233 322,307 24,705 95,630 141,137 1,077,442 214,093 56,720 23,440 12,303 681,713 599,979 833,477 2,856,132 1,291,338 1,138,323 924,468 924,468 722,883 107,728 722,883 107,728 457,126 457,126 9,734 46,286 1,760 36,097 9,621 145,083 853,455 564,668 215,870 853,455 585,783 936,148 492,812 151.734 10,498,692 31,679 3,129,952 18,896 1,937,021 46,995 7,426,101 2,502,629 15,677,778 2.751,933 38,669,544 $ 2,635,091 $ 378,732 $ (397,228) $(2,520,936) $ 1,607,019 Excess (deficiency) of receipts over disbursements Cash, beginning Cash, ending $ 1,702,678 $ 1,529,198 $ 3.231,876 See Notes to Schedule of Cash Receipts and Disbursements