Half of athletic directors plan on investing at least $25 million in athletic facilities over the next five years, according to a new survey. The survey, conducted by Ohio University and AECOM, a provider of sports venue design and construction, included responses from 87 Division I athletic directors, including 37 from Football Bowl Subdivision institutions.
Nearly every respondent said they planned on investing at least $500,000 in facilities over the next five years, and about 30 percent said they planned on investing more than $50 million. Last year, 21 percent of athletic directors planned on investing more than $50 million over five years. Premium seating and concessions, the survey found, ranked highest in importance for athletic directors, followed by training facilities and academic spaces, respectively.
Three-quarters of respondents said their institutions began covering athletes’ full cost of attendance this year, and 27 percent of those athletic directors said the new expense affected their ability to invest in facilities.