I looked at the Arizona State AD finances. You might not believe it, but they are worse than UConn's. High institutional support and student fees. Operating deficit before support and student fees of about $30 million PLUS the AD has $319 million in debt! To make matters worse, University of Arizona's AD has similar financial problems and UA is facing serious financial issues as a university due to accounting issues.
And, many ASU sports are struggling as they move to the Big 12. Football is rebuilding (6-18 last 2 years) and they are losing 3 of the 4 highest drawing attendance schools, USC, UCLA, and Oregon as they move to the Big 12. As for basketball, ASU has won 2 NCAA games in the past 28 years. Women's basketball? Last 3 seasons with losing records including 4-32 in the Pac 12 in the past 2 years. ASU baseball? They haven't won a conference championship since 2010. ASU softball? Lost their successful coach to Texas A&M before last season and her replacement had a losing record last year.
Whoever takes over as AD at ASU has their work cut out for them.