Maryland's Athletic Department is Broke

Maryland's Athletic Department is Broke

Submitted by CRex on November 28th, 2012 at 2:37 PM

Via this SI Article.  I know this has been mentioned before, specifically with the sports cutting Maryland is doing, but this article provides a compact time line of the Terps woes.  In 2011 they ran a 7.8 million dollars into the red.  The author does throw out some claim that by 2020 Maryland could have a revenue stream exceeding 100 million per year thanks to them joining the B1G, but the reality is we just brought in a school that needed a loan from the state to pay its football coach.  Urgh.