UNC Business & Administration

Complete coverage of North Carolina Tar Heels Business & Administration.

Bubba Cunningham Q&A: UNC AD Discusses Steve Newmark, Transition, and More

A succession plan is in place, as North Carolina athletic director Bubba Cunningham will pass off his current role to Roush Fenway Keselowski (RFK) Racing President Steve Newmark when his tenure is over. Cunningham spoke to reporters about Newmark, the transition, and next steps in his current and future roles. Here's what the UNC AD had to say: (Inside Carolina)

Carolina Taking Bold Step into New Era with Athletic Director Transition

If there was ever a mark of delineation separating the days of college athletics that most of us knew growing up to what can now be described as the modern era, this announcement serves as that proclamation. This move continues UNC’s shift from a traditional college model to a corporate approach designed to handle the money-driven landscape. (Inside Carolina)

Video: Carolina Insider - Bubba Cunningham Discusses Succession Plan

UNC Athletics Director Bubba Cunningham joins Jones Angell and Adam Lucas in the Carolina Insider podcast studio to discuss his two-year contract extension, the hiring of RFK Racing President Steve Newmark as new Executive Associate AD and Cunningham's successor, and more. (View Video)

UNC Extends AD Bubba Cunningham’s Contract By 2 Years, Hires Steve Newmark As Successor

North Carolina Director of Athletics Bubba Cunningham, who has led the Tar Heels to 24 national titles and 11 top 10 Learfield Directors Cup finishes while advocating for student-athlete opportunities, transforming UNC's facilities and successfully navigating an onslaught of industry change, has agreed to a two-year contract extension through July, 2029. (GoHeels.com)

UNC Announces AD Transition; Steve Newmark Named Bubba Cunningham's Successor in 2026

In a move designed to help North Carolina adjust to the modern college sports model, the university announced on Tuesday that longtime Roush Fenway Keselowski (RFK) Racing President Steve Newmark has been hired as executive associate athletic director for the 2025-26 fiscal year and will move into UNC’s director of athletics role next summer. (Inside Carolina)

Chansky’s Notebook: Money Answers

With the $20.5 million revenue share starting next week, where can UNC get the money to pay football and men’s basketball? Answer: Primarily, it will come from university coffers, either reserve funds or newly raised money from various sources. Bubba Cunningham says his department’s $150 million budget will go up by about $20 million in 2025-26. (Chapelboro.com)

Video: Locked On Tar Heels - 4 UNC Teams to Receive Revenue Share

UNC's revenue sharing plan takes center stage as host Isaac Schade breaks down the $20.5 million annual distribution across football, basketball, and baseball. The discussion covers the House settlement's impact, innovative revenue strategies, and UNC's commitment to maintaining 28 varsity sports. (View Video)

UNC, NC State set to collect share of sports betting tax revenue

North Carolina and NC State, the largest athletic departments in the UNC System, would receive less money from sports betting taxes under the House’s proposed budget than under the budget passed by the Senate earlier this session. UNC and NC State don’t currently receive any money from sports betting taxes, unlike the other 13 UNC System schools. (WRAL.com)

Carolina Athletics Adapting & Evolving After House Settlement

Beginning on July 1 we will fully fund and distribute $20.5 million in revenue share directly to UNC student-athletes. The majority of those funds will be paid to student-athletes in Football and men's basketball, with women's basketball and baseball players receiving some revenue share. All student-athletes will continue to benefit from NIL opportunities. (GoHeels.com)

Video: Next Level Podcast - House Settlement Approved - A New Era for UNC, NCAA

College athletics took another step into the new world with the final approval of the House vs. NCAA settlement following court battles over athlete compensation and amateurism. Inside Carolina's Greg Barnes joins host Tommy Ashley for a discussion of how this approval re-shapes college athletics. (View Video)

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