Clemson University Athletics is operating under a shortfall of somewhere between $18 and $20 million for the 2020-21 fiscal year due to the effects surrounding the COVID-19 pandemic.
TigerNet spoke with Athletics Director Dan Radakovich Monday, and he said that athletics has had to use some of its reserves and take out a loan to make up the difference.
“For this fiscal year, we are looking at a gap of somewhere between $18 and $20 million. Our expenses will be $18-20 million more than our revenue because we certainly didn't have a full football stadium this past fall,” Radakovich said of the 2020-21 fiscal year, which runs from July 2020 to June 2021.