As a result of the more than $400 million generated from Miami’s UHealth system over the past two fiscal years, the university is willing to allocate revenue from other factions of the school into its athletics program.
This allotment of outside resources is a newfound concept for the Hurricanes, as under the leadership of former university President Donna Shalala, Miami had to self-fund its athletic program, most notably its football program, according to ESPN’s Andrea Adelson and 247Sports’s David Lake.
With the eradication of this funding approach, as well as the reported commitment from UM administration to increase its annual football budget by up to $30 million dollars, Miami has entered a realm of spending that it has never been a part of before.