What’s in a name? UCF’s latest fiasco over misused naming rights money
These violations placed the university in jeopardy of losing a naming partner and related sponsorship revenues.
floridapolitics.com
Basically dealing with arena naming rights while internal parties were 'moving money' around. Idk if it's anything new outside of what happened under Whitacker.
"UCF transferred $312,000 into UCFCC’s bank account from another school-related fund and then within two weeks, the money was moved to the athletics association’s budget. There was no reason to transfer the money in June 2018 except to inflate UCFCC’s finances to look better, the report said. Investigators noted the money transfer came at a time when UCFCC’s money to pay for facilities’ capital improvements ran a growing deficit."
"The report also concluded high-ranking UCF leaders who served on the UCFCC board violated the Sunshine Law three times by meeting together without giving proper notice to the public or not documenting any minutes of what happened during the meeting."
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