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Mid-major conferences brace for inevitable cuts in sports budgets because of pandemic
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70shawk Offline
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Mid-major conferences brace for inevitable cuts in sports budgets because of pandemic
https://www.msn.com/en-us/sports/ncaabk/...r-BB15LJ7v

Men’s basketball is often the one sport that can help non-FBS programs generate substantial revenue, particularly through qualification for the NCAA tournament. Every time a team makes March Madness or advances a round, for instance, its conference earns a “unit” to be paid out among its members.

“Basketball is our football,” said Nevarez, who estimates that the cancellation of this year’s tournament cost her conference 60% of its would-be NCAA unit distributions, equating to millions of fewer dollars for its schools. “Distributions we receive from the NCAA for [tournament] participation, that is a big chunk of our operational budget and provides a big influx to our departments that help fund basketball and all other sports.”

But nothing is more important in mid-major conference athletics than main-campus financial support.
06-21-2020 11:42 AM
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dan10 Offline
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RE: Mid-major conferences brace for inevitable cuts in sports budgets because of pandemic
Good read, nothing surprising beyond them asking a Drexel person anything. Cuts have already happened at some borderline major schools and I expect more to continue down the pipeline. Money drying up just puts into perspective whether to continue non revenue sports. Obviously title IX protects some, but its definitely inevitable that other cuts are coming, especially for public schools that can't really hide their finances. Tough decisions will surely be made.
06-23-2020 08:44 AM
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