With the NCAA men’s basketball tournament canceled, the NCAA could lose more than $550 million dollars in revenue, money that is distributed to its member institutions through their respected conferences.
However, Clemson athletic director Dan Radakovich told The Clemson Insider on Wednesday that situation might not be as dire as people think.
“The NCAA has significant reserves that they are looking at but may have to use a line of credit in order to have some kind of distribution to the member schools for sports sponsorships, scholarships, etc.,” he said. “It is not clear yet what that will be, but I think it is a safe bet it will not be what it would have been under a normal circumstance.