The Wolfpacker: An Independent Magazine Covering NC State Sports
Issue link: https://comanpub.uberflip.com/i/1538921
10 ■ THE WOLFPACKER BY NOAH FLEISCHMAN A thletics director Boo Corrigan has confirmed that NC State will fully fund its revenue-sharing budget to the maximum $20.5 million for the up- coming 2025-26 academic year. At his annual press conference, held Aug. 8 at Carter-Finley Stadium, Cor- rigan noted that NC State leads the ACC in conference championships won (16) over the past five years across all sports. Entering his seventh foot- ball season in charge of the athletics department, he said the Wolfpack has been competing at a high level and will continue to do so moving forward, even as college athletics adapt to a range of new rules governing student-athlete compensation. "In the new landscape of everything that's going on, what are we going to do to be competitive? We're going to go all in," Corrigan said. "We are all in." While there was social media specu- lation that NC State wouldn't elect to fund the maximum under the House settlement's new rules in terms of rev- enue sharing with athletes, Corrigan noted this was always the plan. He told the Wolfpack's 17 head coaches just that last October and continued to re- main focused on it ever since. In order to raise the funds, which the Pack had time to plan for ahead of the July 1 effective date, NC State got creative. It decided to explore hosting concerts at Carter-Finley Stadium — Chris Brown will be the first on Oct. 14 — while it continues to have discus- sions with naming-rights sponsors for the venue. It also changed some of its parking and annual donation struc- tures under its Pack Forward initiative to remain the most flexible under the new circumstances. T R A C K I N G THE THE PACK PACK Boo Corrigan On Revenue Sharing: 'We Are All In' Corrigan said NC State's revenue-sharing budget will be $20.5 million, the maximum allowed by the NCAA, during the 2025-26 academic year. PHOTO COURTESY NC STATE ATHLETICS