The Big Ten's postponement of fall sports has already created a large financial loss for the Ohio State athletic department.
According to Joey Kaufmann of the Columbus Dispatch, the school provided projections to its board of trustees and expects to miss out on $130.3 million in revenue.
The official reasoning for the drop in expected revenues is "losses of ticket sales, media rights fees and other conference-related revenues distributions stemming from a fall season," per Kaufmann. Details for the athletic department's budget were included in a number of materials as Ohio State's operating budget for the 2021 fiscal year comes up for approval Thursday.