GumbyDamnit! wrote:Savannah Jay wrote:Dana O'Neil tweeted that Central Michigan's total expenses for track was $241,794. The school's football expenses were $3.8 million. And they cut track.
I wonder how long before the "non-power" football conf schools rethink football and the benefits vs. costs.
It's probably a little more complicated than a simple spreadsheet. I know for a lot of schools sports like football spur alumni giving. Any good administration is going to know (or should) the total economic impact of each of their programs--whether it be athletic, academic or social. In Central Michigan's case I'd be interested in seeing the impact of a successful football season has on alum controbutions.
GumbyDamnit! wrote:It's probably a little more complicated than a simple spreadsheet. I know for a lot of schools sports like football spur alumni giving. Any good administration is going to know (or should) the total economic impact of each of their programs--whether it be athletic, academic or social. In Central Michigan's case I'd be interested in seeing the impact of a successful football season has on alum controbutions.
LMS wrote:Ohio State planning on having student athletes back on campus beginning June 8. AD Gene Smith discussed possibly playing football with 20-30K fans in the stadium.
As more and more college athletic departments cut sports programs, the financial wreckage due to the coronavirus pandemic is becoming devastatingly clear -- and that's without factoring in a $4 billion loss if the 2020 football season is canceled, a development that would forever alter college-level sports.
University systems have suffered hundreds of millions of dollars in losses thus far, which could grow significantly as decisions are made about whether to return students to campuses this fall.
ArmyVet wrote:Lengthy but interesting story of the financial importance of college football.As more and more college athletic departments cut sports programs, the financial wreckage due to the coronavirus pandemic is becoming devastatingly clear -- and that's without factoring in a $4 billion loss if the 2020 football season is canceled, a development that would forever alter college-level sports.
University systems have suffered hundreds of millions of dollars in losses thus far, which could grow significantly as decisions are made about whether to return students to campuses this fall.
https://www.espn.com/college-sports/sto ... s-pandemic
Ron Mitchelson, the interim chancellor at East Carolina University, said his school's decision to eliminate four sports – men's and women's tennis and men's and women's swimming and diving – resulted from a deliberate review and in-depth analysis of the athletics department’s budgets and programs.
“The current athletics budget was not sustainable pre-COVID-19 and the university was working closely with athletics to decrease the annual deficit over the next year," he said in a statement. "With the pandemic, the deficit began to grow significantly where the impact was immediate and will affect future revenue and expenses for years to come. Ultimately, the reduction of sports aligns ECU with our American Athletic Conference peers and provides a roadmap to a more sustainable future for the University and athletics."
In addition to eliminating four sports – the most any college has cut thus far – East Carolina trimmed athletics operations. The school reduced its sports budget by regionalizing scheduling and travel for select sports, eliminating several positions that are currently vacant, limiting summer school for student-athletes and suspending all professional development conferences for a minimum of one year. The moves are expected to save the school an estimated $4.9 million.
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