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Article: Falling from grace: Oklahoma's athletic department allegedly mismanaged finances
- Article from:
- University Wire
- Article date:
- April 20, 1998
- Author:
CopyrightProvided by ProQuest LLC. (Hide copyright information)
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NICOLE KOCH
University Wire
04-20-1998
(Oklahoma Daily) (U-WIRE) NORMAN, Okla. -- Back in the glory days, money flowed like water. The OU Athletic Department boasted seven national championships in the '70s and '80s, another 52 conference titles and enough money to keep the players and coaches winning.
But that was more than a decade ago. Now the money has dried up, and the glory days are long gone.
The financial roof began caving in six years ago for the OU Athletic Department.
The savings accounts that once brimmed with money from winning seasons and bowl games were dwindling. The self-supporting Athletic Department was spending more money than it was making.
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