UNLV’s athletic department is facing nearly a $5 million budget shortfall, according to university officials.
The department’s $4.9 million deficit is far greater than the $3.4 million shortfall that was in the budget, largely because of attendance problems in men’s basketball and football.
“I don’t know how far we can reduce that number, but it will be some significant amount, and we will work closely with the Athletics administration over the next few months,” Gerry Bomotti, UNLV senior vice president for finance and business, said in an email.
Bomotti and athletic director Tina Kunzer-Murphy said plans to address the financial situation are still being developed.