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UConn athletics facing significant reduction in revenue from coronavirus cuts
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[QUOTE="huskymedic, post: 3517001, member: 549"] [MEDIA=twitter]1250381784388419585[/MEDIA] >>In an interview with The Courant on Tuesday, UConn athletic director David Benedict said that “the only number we have any real certainty to” is a loss of approximately $1.3-1.4 million as a result of the NCAA Tournament being scrapped. Additionally, Benedict estimates that UConn would have taken in about $5 million combined from season ticket sales and donations between now and the end of the fiscal year (June 30). But due to the challenges presented by the coronavirus pandemic, the school could get far less. “It’s particularly difficult because we are getting probably the max that we can in terms of university support," Benedict said, "so whether it be additional expenses or a lack of revenue, either of those things would have an impact on us. We’re looking at all aspects of the operation to see how we tighten the belt and do without in certain ways.” Benedict did not disclose any specific cuts planned for UConn.<< >>The only certainty is that UConn’s athletic program will have to function with significantly reduced revenue when things begin to ramp up again. Benedict’s days are spent meeting, talking and planning, with the Big East about basketball scheduling on Tuesday morning, with UConn’s development staff after that. “We’re all challenged in all facets,” Benedict said. “We don’t know what’s going to come in the next two to three weeks, as opposed to the next two or three months. How do you make certain decisions when you don’t have information? I like to make informed decisions, but in some ways, you’re just going to have to create different scenarios and create Plan A, Plan B and Plan C." [/QUOTE]
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UConn Men's Basketball Forum
UConn athletics facing significant reduction in revenue from coronavirus cuts
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