All articles tagged with #athletics budget
Virginia Tech proposes a $229 million increase in its athletics budget over four years to compete with top ACC programs, driven by the need to modernize its football program and close financial gaps with conference rivals, amid recent coaching changes and strategic investments.
Virginia Tech's athletic director Whit Babcock highlighted the school's significantly underfunded athletics budget, which is around $122 million for 2024, and emphasized the need for an additional $80 million to compete effectively in the ACC, warning that current resources threaten the future competitiveness of Hokies sports.
Virginia Tech's athletic director Whit Babcock revealed that the school's athletics budget is significantly underfunded compared to top ACC and other Power Five programs, with a need for an additional $80 million to compete effectively at the top of the ACC, highlighting financial challenges and disparities in student fees and campus policies affecting athletic funding.