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Related Links: McKinsey Report
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Office of Media Relations News Release RICE BOARD COMPLETES REVIEW OF ATHLETICS “We unanimously have concluded that, in today’s world, Division I-A remains the best place for Rice,” said Board Chairman Bill Barnett. “In doing so, we are resolved to maintain academic excellence as we pursue athletic excellence.” After a final special meeting on Friday to conclude its review of athletics, the Board also expressed it sense that:
“There is a basis for optimism that we can accomplish deficit reduction,” Barnett said. “Certainly, many supporters of athletics have declared their readiness to increase giving. We also will be looking at all other ways to increase revenues and reduce costs. The Board will be devoting attention this fall to how this will be accomplished.”
“Even apart from intercollegiate athletics, this has been on our to-do list for a long time,” Barnett said. “Our Admission Office reports that availability of first–class recreation facilities is the one area where prospective students consistently rate us behind our peers. This review brought to the forefront such a facility – perhaps in a single building, perhaps not – which also would serve other academic needs and our intramural and club sports, and give several of our intercollegiate athletic programs their best chance of success as we enter Conference Barnett added: “The Board commended the athletic director, coaches and student–athletes who uphold an honorable tradition at Rice of demonstrated success in both academics and athletics. Additionally, we are gratified that the Rice Athletic Department has operated a program never tainted by NCAA sanctions.” The 25-member Board of Trustees this year took up a review of the athletic program, as it does from time to time with all aspects of the university, from building maintenance to academic programs. The business school, for example, underwent a comprehensive review in 1996, and Rice did a campus master plan update last year. To obtain the broadest possible grasp of intercollegiate athletics in 2004, the Board commissioned McKinsey & Co., a top management-consulting firm, to do research on “The Board is grateful for the excellent work done by McKinsey,” Barnett said. The Trustees studied the report and many other materials, sought input from all sectors of the Rice community, held lengthy discussions, and narrowed their focus to four issues: the appropriate level of competition for Rice; ensuring the student in “student-athlete”; the athletics financial deficit and facilities. The Board then made the McKinsey report public on the university website and invited comment from students, faculty, staff, alumni and friends of the university before Friday’s special Board meeting. |