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WSU athletic dept ran $13M deficit last year

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SPOKANE, Wash. (AP) — The Washington State University athletic department ran a $13 million deficit at the end of 2014.

Spending rose to nearly $60 million, about $10 million more than in 2013.

Athletic Director Bill Moos tells The Spokesman-Review (http://bit.ly/1IjR79C) the spending included buying out the contract of former basketball coach Ken Bone and hiring a new coach. The department also added $1 million to the budget for football coaches and paid bonuses to the coaches after the Cougars made their first bowl game appearance in a decade.

Moos says the WSU athletic department expects to be solvent by 2019.

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Information from: The Spokesman-Review.

 

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