The University of Florida’s Athletic Association approved a $128.2 million dollar budget for the 2017-18. The approval came after the Board of Director’s met on Monday morning.
The $128 million dollar budget is a record-high for the Florida Gators. Most of that budget, $82.5 million (64 percent) will be allocated for football and “football related expenses,” $13.48 million for basketball and $3.19 million for the other 17 sports across the school.
Florida will receive a one-time payment of $6 million dollars for playing Michigan in the AdvoCare Classic on September 2. All of that money will be allocated for the football team, specifically noted as going to enhance the “fan experience.