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  • NMSU Response To Follow-Up Questions 2023.09.06

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    Director Moccia's compensation is now being paid 100% by the Aggie Athletic Club, the philanthropic arm of NMSU Athletics, with funds coming from private donations, memberships, suite sales, and special events. The Athletics Administration cost center is funded by generated revenue from licensing royalties, ticket sales, game guarantees, concessions, and promotional contracts. The interim chancellor provided this additional clarification on funding sources to the cabinet secretary of the NM Higher Education Department.

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    NMSU Response letter

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    NMSU Response to Follow-Up Questions 2023.09.06

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    Director Moccia's compensation is now being paid 100% by the Aggie Athletic Club, the philanthropic arm of NMSU Athletics, with funds coming from private donations, memberships, suite sales, and special events. The Athletics Administration cost center is funded by generated revenue from licensing royalties, ticket sales, game guarantees, concessions, and promotional contracts. The interim chancellor provided this additional clarification on funding sources to the cabinet secretary of the NM Higher Education Department.

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    3K views1 page

    NMSU Response To Follow-Up Questions 2023.09.06

    Uploaded by

    Daily Times
    Director Moccia's compensation is now being paid 100% by the Aggie Athletic Club, the philanthropic arm of NMSU Athletics, with funds coming from private donations, memberships, suite sales, and special events. The Athletics Administration cost center is funded by generated revenue from licensing royalties, ticket sales, game guarantees, concessions, and promotional contracts. The interim chancellor provided this additional clarification on funding sources to the cabinet secretary of the NM Higher Education Department.

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    June 9, 2023

    The Honorable Stephanie Rodriguez


    Cabinet Secretary
    NM Higher Education Department
    2044 Galisteo Suite #4
    Santa Fe, NM 87505

    Dear Secretary Rodriguez:

    Here is additional clarification for your questions on funding sources.

    Effective May 16, 2023, Director Moccia’s compensation is being paid 100 percent by the Aggie
    Athletic Club (AAC). The AAC is the philanthropic arm of NMSU Athletics. All funds related to the
    AAC are deposited with the NMSU Foundation. Funds include private donations provided for the
    support of NMSU Athletics operations as well as proceeds from memberships, suite and club seat sales,
    and various AAC special events held throughout the year. Director Moccia’s compensation will
    continue to be paid by AAC pending the outcome of all investigations.

    Regarding the funding sources for the Athletics Administration cost center, generated revenue
    represents income from collegiate licensing royalties, ticket sales, game guarantees, concessions, and
    Learfield promotional contract proceeds.

    Please let us know if you need more information.

    Sincerely,

    Jay Gogue
    Interim Chancellor

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