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No football means catastrophic losses for biggest programs

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This article highlights why there will absolutely be college football. They all go belly up without it.

Wisconsin has a $140 million annual budget. Incredible.

www.espn.com

Alvarez: Wisconsin to lose $100M if no football

In a letter to fans, Wisconsin athletic director Barry Alvarez wrote that the program faces "a great financial challenge" with the possibility the upcoming football season will be canceled.
www.espn.com www.espn.com
 
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Pretty sure we are trending in the right direction to play some sort of a fall football season. Stoked to see our new O 🔥
 
Yes there will be football because the revenue is too critical to most all universities. Unlike like many companies that received the benefits of Socialism bailouts and Welfare payments to already wealthy individuals, universities are at the mercy of Football $$$ and students going in deep debt with financial institutions to get educated.
 
...and if there is no season, will there be an accordion effect? For example, no season would mean two scenarios:

Either the kids will get an extension as a college athlete: Forego the 2021 draft, play in the 2021/2022 CFB season and stack out the 2022 draft; in essence, cramming two classes into one which might be bad for the athlete (think lower prospect ranking due to larger pool of competition);

or, The kids will not get an extension as a college athlete: seniors/grad transfers forced into the 2021 draft without highlighting their talent in their terminal collegiate sports year, potentially lowering their draft prospects if they needed that year for draft development.

I am thinking on whether this is as simple as a binary scenario.
 
Gator Hatar said:
Yes there will be football because the revenue is too critical to most all universities. Unlike like many companies that received the benefits of Socialism bailouts and Welfare payments to already wealthy individuals, universities are at the mercy of Football $$$ and students going in deep debt with financial institutions to get educated.
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Two things. One, universities got bailouts as well. May not have been PPP loans, but they got other forms of credits like the employee retention credit.

Two, universities are not at the mercy of football money. Let them go into their endowments that have been sitting there accruing gains. Their athletic departments and non-revenue sports are funded by football in normal years. But most universities have plenty of cash in their endowment for to keep things afloat for a year, just like any other with cash reserves business would.

I would also love to see the math behind that $100m loss. If they are including the cost of tuition for athletes in that, it is kind of bull****. They will also save on a few other areas from not having people on campus or games. These are their financials: http://cafidatabase.knightcommission.org/fbs/big-ten/university-of-wisconsin-madison
 
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JD08 said:
The criticism of Miami has been that we don't spend enough money. Maybe that will leave us as the last man standing.

Blake James is a genius!
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The schools that are paying on loans for their stadium expansions are probably panicking. Meanwhile at the Hard Rock....
 
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