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Post by longsuffering on Jan 27, 2020 17:53:37 GMT -5
By now UConn and UMass must be stuck with mostly "tweeners" (talent level between low FBS and high FCS) to recruit with no lure of a power conference to help them compete for more talented players.
It is a tough hole to climb out of. Especially if you try to dig out of the hole.😆
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Post by rf1 on Jan 19, 2023 11:03:33 GMT -5
UConn reports that its athletic dept recorded a deficit of $53M in 2022. It has been steadily climbing in the last several years as it was $43.5M in 2020 and $47.2M in 2021. UConn athletics deficit climbed to $53 million in '22www.yahoo.com/now/uconn-athletics-deficit-climbed-53-224654138.html UConn athletics having success on the field, but are financials sustainable?
UCONN ATHLETIC DEPT DEFICITS 2018 $40M 2019 $42M 2020 $43.5M 2021 $47.2M 2022 $53M
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Post by rgs318 on Jan 19, 2023 13:16:55 GMT -5
Last year, the athletic deficit at Rutgers was over $80 million dollars. It is up from the $76 million deficit it rang up the previous year.
The size of the loss has been covered up by the athletic department taking loans worth millions from Rutgers University and from the Big 10. Those are real loans that must be repaid. The losses shown by UConn are large, but appear to be more honest in how they were reported.
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Post by bfoley82 on Jan 19, 2023 13:31:55 GMT -5
UConn reports that its athletic dept recorded a deficit of $53M in 2022. It has been steadily climbing in the last several years as it was $43.5M in 2020 and $47.2M in 2021. UConn athletics deficit climbed to $53 million in '22www.yahoo.com/now/uconn-athletics-deficit-climbed-53-224654138.html UConn athletics having success on the field, but are financials sustainable?
UCONN ATHLETIC DEPT DEFICITS 2018 $40M 2019 $42M 2020 $43.5M 2021 $47.2M 2022 $53M
It actually went down from the previous year when you take the Kevin Ollie settlement.
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Post by timholycross on Jan 19, 2023 17:47:27 GMT -5
So they've sustained 200+ million in losses; including or excluding the Ollie matter? Or maybe I'm interpreting this incorrectly and those are running totals.
Humina, humina, as Ralph Kramden used to say.
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