More than a year after discussions began regarding advertising in UNC sports venues, officials still are mulling over the possible effects of instituting corporate signage at the University.
UNC's Task Force on Signage in Athletic Facilities passed a resolution in May endorsing the idea of allowing corporate signage, but further research still must be completed before the University's governing board grants its stamp of approval.
Some expect members of the UNC Board of Trustees to discuss the developments in signage during a closed session in one of their meetings this week.
"We're still in the process of sorting out what parameter we are willing to consider," said Director of Athletics Dick Baddour, chairman of the task force. "It is still very much in the formulation stage. We certainly wouldn't expect to have anything this year."
Baddour said that if the resolution is passed, athletic facilities could begin displaying advertisements as early as next fall.
"We're not sure if it's definitely coming," Baddour said. "We've got to decide as an institution what we think would be permissible."
The need for finding different areas to fund athletic scholarships is a result of recent tuition increases.
For the first time in its history, the Educational Foundation - the booster club that funds student-athletes' scholarships - failed to cover all its scholarship obligations last year, falling several hundred thousand dollars short of the total cost.
Baddour said the scholarship budget for athletics has increased $3 million during the last five years. This year, $8.3 million was awarded in athletic scholarships, Baddour said.