WholeHogSports · Apr 2, 2020
Survey: Athletic directors bracing for financial crisis
Athletic directors at the nation's biggest sports schools are bracing for a potential financial crisis related to the coronavirus pandemic.
According to a survey released Thursday by LEAD1, an association of athletic directors from 130 major college football schools, 63% forecast a worst-case scenario in which their revenues decrease by at least 20% during the 2020-21 school year. Even an abbreviated football season could cause schools to lose that much.