Major universities look at slashing athletic budgets with continuing coronavirus pandemic

  • 📰 Newsweek
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 52%

United States Headlines News

United States Latest News,United States Headlines

Athletic directors around the country are taking serious looks at furloughs and pay reductions to make up for mammoth losses from lost revenue because of stoppages from coronavirus.

Major college athletics are big business, and football usually drives that economic engine. Now, in a time when college sports have indefinitely shut down, athletic departments all across the country are beginning to feel the crunch. It could get way worse if football is not played this fall because of the COVID-19 pandemic, which indefinitely shut down sports the last two months, from pee wees to pros.

Football has not been canceled, but there's talk that some schools could play in 2020, whereas others might not. The NCAA canceled its men's basketball tournament that brings in nearly $1 billion in revenue. Coupled with conference basketball tournaments getting canceled at the last minute, there was a huge shortfall in revenue this spring.

"News like this is not easy," West Virginia athletic director Shane Lyons said in a statement."I appreciate the understanding of our staff in these uncertain times. The COVID-19 pandemic has dealt us a financial situation that requires action, and our entire department will be affected as we work to minimize the effects and maintain a fiscally responsible operation."

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Touchdown clubs will step up in some conferences

Good. That's what they all should be doing. CommonSense

How about some edumacation?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 468. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Kim Kardashian Hit with Backlash After Calling a 'Thin' Kris Jenner 'Major Goals'While many fans fawned over the pic, others criticized the KKW Beauty founder as they claimed she was applauding Kris' toned physique (via toofab) TooFab Who cares what this bitch “thinks” 🙄 TooFab *KKK TooFab I thought she said it was goals, because she looked like that after giving birth to Rob. Meaning she bounced backed & was looking good. So somebody is butt hurt I see. Sad
Source: TMZ - 🏆 379. / 59 Read more »

Ferguson and Gaethje headline UFC 249, the first major US sports event since coronavirus shutdownSports fans are itching for some action, and Ultimate Fighting Championship just might have the answer. At the start of 2020, UNFPA appealed for $100.5 million for its regular humanitarian operations in Yemen I thought you said “sports”
Source: CNN - 🏆 4. / 95 Read more »

Major U.S. airlines endorse temperature checks for passengersA major U.S. airline trade group on Saturday said it backed the U.S. Transportation Security Administration (TSA) checking the temperatures of passengers and customer-facing employees during the coronavirus pandemic. Fever checks should be universal for going into stores, even. Finally 🤦🏻‍♂️ I heard Don lemon and Anderson Cooper are demanding more accurate temperature checks I wonder what they mean
Source: Reuters - 🏆 2. / 97 Read more »

Andre Harrell, music executive who mentored P. Diddy and discovered other major artists, dies at age 59Music executive Andre Harrell, who mentored P. Diddy and is credited with discovering other major artists, has died at age 59 💐R I P💐 who? RIP Andre 🌹
Source: cnnbrk - 🏆 393. / 55 Read more »

“Trump Is Really Aiming to Take Down Fox”: A Group Associated With Donald Trump Jr. Is Buying a Major Stake in OANNTrump's frustration with Fox News has motivated him to look for a more reliable media partner—and thanks to a new deal involving Donald Trump Jr. and OANN, he's now on the verge of the alternative he wants Vanity Fair is on it's way out. One more term of Trump and they won't be in business. Lying rag. Guess we need censorship! 🤣
Source: VanityFair - 🏆 391. / 55 Read more »

You Can Only Pick One Character From Each Of These Major Fandoms And — LOL, Sorry — It's A NightmareTHERE CAN ONLY BE ONE. (No, really.) idk why i’m this excited about being first but i am
Source: BuzzFeed - 🏆 730. / 51 Read more »