It's one pool of money under the control of the university. What prevents UF from funneling some of the athletic dept's revenue to subsidize the rest of the university?

I realize that the university might be motivated to implement budget cuts in ways that harm voters (in order to make voters angry about it), but it's hardly clear that UF doesn't have $1.7M worth of waste. Nor is it clear that the $2M increase in the athletic budget will result in a > $2M increase in revenue.

This argument rings hollow at every university where I've encountered it. Universities are educational institutions and athletics are great but if they produce surplus it has an obligation to fund academic activities first and foremost. Phrased for people who react emotionally to this argument: educational institutions ought to increase their brand licensing fees to their for-profit football team subsidiaries.