07-14-2021, 07:27 AM
Projected shortfall of $30 Million, trimmed to only $6 Million
https://www.newsobserver.com/sports/coll...28098.html
North Carolina avoided taking the devastating hit to its athletic budget for the 2020-21 fiscal year that school administrators initially feared in the face of the COVID-19 pandemic. Nearly a year ago, athletic director Bubba Cunningham projected a loss in revenue of more than $30 million.
The shortfall is actually less than $6 million, Cunningham told the News & Observer on Monday. Cunningham and Rams Club executive director John Montgomery also penned a letter that was emailed to club members Monday with an outline of the news.
https://www.newsobserver.com/sports/coll...28098.html
North Carolina avoided taking the devastating hit to its athletic budget for the 2020-21 fiscal year that school administrators initially feared in the face of the COVID-19 pandemic. Nearly a year ago, athletic director Bubba Cunningham projected a loss in revenue of more than $30 million.
The shortfall is actually less than $6 million, Cunningham told the News & Observer on Monday. Cunningham and Rams Club executive director John Montgomery also penned a letter that was emailed to club members Monday with an outline of the news.