• Loading stock data...
Sunday, January 19, 2025

College Athletics Administrators Expect Significant COVID-19 Financial Hit

  • The survey includes responses from 300 college administrators across FBS, FCS and non-football programs.
  • 70% of administrators believe they will lose at least 20% of revenue and a whopping 91% have already had to reduce team operating budgets.
survey-college-administrators
Photo Credit: Michael C. Johnson-USA TODAY Sports

As NCAA conferences from the ACC to the SEC and Big West unveil their decisions regarding whether and how much they will participate in fall sports, more questions than answers remain regarding how college sports will look this year. Administrators are scrambling to figure out how to keep athletes and staff safe and keep their athletic departments afloat at the same time. 

A survey of college administrators nationwide conducted by the athlete engagement platform Teamworks attempted to answer these questions. It found that during the 2019-2020 season, 60% of 115 administrators said their programs saw a 20% or less decline in revenue. But looking ahead toward the 2020-2021 season as things stand, 70% of 116 administrators believe they will lose at least 20% of their revenue. 

The survey included administrators at FBS, FCS, and non-football programs, a spokesperson said via email. Though 300 administrators provided responses to the survey, between 100 and 200 administrators responded to any given question.

Of many potential losses, ticket sales were deemed the revenue stream that would suffer the most. That’s not surprising given that even professional leagues haven’t been able to bring fans to stadiums. Still, the survey stipulated that 95% administrators believe some amount of fans could be allowed into the stadium. The University of Texas, for example, has announced that it plans to have fans in their stadium this year. Despite administrators’ hopes, however, football programs will likely have to cater to the rules released by their state governments.

These losses could be significant not only to athletic departments but also to universities as a whole, given that many universities heavily subsidize athletics programs that don’t rake in as much cash as lucrative programs like Ohio State football. 

All of these losses have caused changes in programs and 91% of administrators said they’ve had to reduce team operating budgets. The spokesperson noted these costs could include equipment purchases, team travel, coaching salaries, and recruiting costs, among others. Forty-one percent have had to furlough staff. 

To stay afloat, athletic departments are receiving some government assistance and trying to beef up their existing revenue streams in any way possible. A few college athletic programs received Paycheck Protection Program loans, according to data released by the Small Business Administration. The Big Sky Conference, Conference USA, the Northeast Conference, and the Ole Miss Athletics Foundation all were named in the SBA report. In April, Congress included a stipulation in the stimulus package that would award $14 billion to universities, though that money was given to distribute to students and help with emergency COVID-related costs. It is unclear if any of that money was funnelled directly to athletic departments.

Outside of government assistance, conferences are scrambling to create extra revenue sources on their own. The ACC announced Wednesday that it would share TV revenue for its football season among all institutions – including TV revenue made from an NBC contract to broadcast Notre Dame games. This will likely add a little extra cash to the mix for the ACC’s other member schools.

college-sports-sponsors

College Teams And Sponsors Push Digital To Grow Without Sports

Many aspects of the sports industry are struggling to adjust to the…
May 19, 2020

Only 4% of administrators said they’ve had to eliminate varsity programs, the survey said.

The survey also provided information on the precautions teams are taking to prevent COVID-19 outbreaks, how often they’re testing athletes and staff, and how confident they are that a football season will take place this fall. More than half are optimistic that at least conference football will take place, though 19% of administrators said sports programs have had to halt practice due to positive tests.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Wisconsin Accuses Miami of Tampering in Xavier Lucas Transfer

Cornerback Xavier Lucas announced his departure without going through the transfer portal.
Notre Dame Fighting Irish quarterback Riley Leonard and running back Jeremiah Love celebrate a touchdown during the first half of a game against the Indiana Hoosiers in the first round of the College Football Playoff.

Notre Dame Found a Title-Worthy NIL Formula. Now It Has to Pivot

Its title run was buoyed by a collective that no longer exists.
Nebraska's Rebekah Allick, right, lunges to pass the ball during a Big Ten volleyball match against Penn State at Rec Hall on Friday, Nov. 29, 2024, in State College, Pa.

DOE Issues More Guidance on Title IX Application to Athlete Pay

Financial assistance, including revenue-sharing, has to be equitable.

Featured Today

Unrivaled’s Impeccable Timing Pressures WNBA to Give Players More

The league could “blow the lid off” the business of women’s sports.
Jan 17, 2025; Miami, FL, USA; Dearica Hamby (5) of the Vinyl reaches for the ball as Azura Stevens (23) of the Rose follows on the play during the second half of the Unrivaled women’s professional 3v3 basketball league at Wayfair Arena.
January 17, 2025

Inside Unrivaled’s Explosive Opening Night

The 3-on-3 league went big for its season opener in Miami.
Baseball for All founder Justine Siegal walks in front of the over 400 young players participating in her league during the opening ceremony for an organization focused on giving girls an opportunity to play baseball, at Hohokam Stadium in Mesa, Ariz. on Wednesday, July 20, 2022. Baseball For All 15 Mar 30, 2023; Miami, Florida, USA; Miami Marlins general manager Kim Ng walks on the field prior to the game against the New York Mets at loanDepot Park.
January 17, 2025

Can a Professional Women’s Baseball League Launch in Softball’s Shadow?

The biggest hurdle to the WPBL’s success may be its closest kindred.
Showboats’ Daewood Davis (2) celebrates after scoring a touchdown during the UFL game between the San Antonio Brahmas and Memphis Showboats in Simmons Liberty Bank Stadium in Simmons Bank Liberty Stadium in Memphis, Tenn., on Saturday, April 6, 2024.
January 15, 2025

The UFL Is Primed for Success—If It Can Resist Its Impulse for..

The spring football league must buck temptation if it wants to succeed.
Notre Dame Fighting Irish quarterback Riley Leonard (13) celebrates with fans after winning a game between the Indiana Hoosiers and the Notre Dame Fighting Irish in first round of the College Football Playoff on Saturday, Dec. 21, 2024, in South Bend. Notre Dame defeated Indiana 27-17.

CFP Executive Director: More On-Campus Games Are a Possibility

FBS commissioners will discuss more CFP games o campus in the future.
Juju Watkins
January 15, 2025

Women’s March Madness Finally Getting Own ‘Units’ Payments

The prize money will start at $15 million for the 2025 tournament.
Jan 15, 2025; Long Beach, California, USA; UCLA Bruins forward Kendall Dudley (22), forward Timea Gardiner (30), guard Avary Cain (2) and forward Zania Socka-Nguemen (6) react in the second half against the Penn State Nittany Lions at the Walter Pyramid at Long Beach State.
January 16, 2025

Education Dept. Says Title IX Applies to College Athlete Revenue-Sharing

Title IX protects students from sex-based discrimination in schools.
Sponsored

How UBS Crafts Impactful Partnerships Across Sports, Arts, and Culture

As UBS continues to expand its impressive array of sports and entertainment partnerships, the company solidifies its position as a leader in wealth management.
Quinn Ewers
January 15, 2025

Quinn Ewers Picks NFL Over NIL

Ewers likely won’t earn more than $6 million in his rookie year.
Ohio State quarterback Will Howard (18) yells instructions to his team during the College Football Playoff semifinal game against the Texas Longhorns in the Cotton Bowl at AT&T Stadium on Friday, Jan. 10, 2024 in Arlington, Texas.
January 14, 2025

CFP Semifinals TV Ratings Drop 17% in 12-Team Format’s First Year

This year’s semifinal games averaged 19.2 million viewers on ESPN.
Deion Sanders
exclusive
January 13, 2025

Colorado Is Latest School to Ditch NIL Collective Ahead of House Settlement

The collective had launched in March 2024.
exclusive
January 11, 2025

Carson Beck Has Scored Nearly $10M in NIL Deals in 12 Months:..

A source says the $4 million figure attributed to Canes Connection is inaccurate.