UNC Business & Administration

Complete coverage of North Carolina Tar Heels Business & Administration.

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)

Greg Barnes: House Settlement Approval Finalizes Shifting Collegiate Landscape

College athletics is now officially big business for student-athletes after decades of institutions being the primary beneficiaries. U.S. District Judge Claudia Wilken approved the House settlement Friday after more than a year since the settlement was first proposed, finalizing revenue sharing between universities and student-athletes for the first time. (Inside Carolina)

Video: Locked On Tar Heels - House Settlement Reshapes College Sports, UNC Embraces Revenue Sharing

It's a college athletics revolution: Direct payments to student-athletes are now allowed. Is this the end of amateurism in NCAA sports? Host Isaac Schade breaks down the game-changing House settlement, exploring its far-reaching implications for the North Carolina Tar Heels and other Power-4 schools. (View Video)

Chansky’s Notebook: The Driver

Schools with the most money will continue to grow their wealth and keep ahead of the competition. UNC Development has raised billions of dollars, but its richest alumni and fans are not as single-minded as the Alabamas and Ohio States, where championships keep money flowing. There must be a driver. Maybe Michael Jordan gets behind the wheel. (Chapelboro.com)

UNC Giving Hubert Davis, Tar Heel Basketball Program Unprecedented Financial Support

The commitment of guard Luka Bogavac last weekend not only completed the major transfer portal work of UNC basketball coach Hubert Davis but also highlighted a massive influx of financial support. UNC has surpassed the $14 million mark in its financial commitment to the 2025-26 roster, approximately triple what was spent on the roster a year ago. (Inside Carolina)

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