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re: Alabama Board Coronavirus Thread
Posted on 5/22/20 at 11:02 pm to JustGetItRight
Posted on 5/22/20 at 11:02 pm to JustGetItRight
That's bullshite.
Posted on 5/23/20 at 6:59 am to mre
quote:
That's bull shite.
Despite what the Federal government doesn't think, money doesn't grow on trees.
The cancellation of the spring sports cost division II programs 30 million dollars in NCAA revenue sharing monies alone. They also lost whatever ticket, merchandise, and concession revenues would have been generated from those sports.
Now there's concern that they won't be able to rely on the cash cow this fall. They really don't have much choice.
Don't be surprised if you see some D-1 programs starting to cut costly non-revenue sports too. Michigan's stability-challenged governor has flat out said there won't be full stadiums until there is a vaccine. I expect her to either revise her stance or get it revised for her by the courts or their state legislature, but if you're writing a FY2021 budget you've got to plan on that revenue not being available.
This post was edited on 5/23/20 at 8:30 am
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