$98M projected loss for Michigan if no football season

Submitted by I Like Burgers on July 17th, 2020 at 11:31 AM

Finally saw someone post the numbers for projected losses for every team in the Big Ten if there's no CFB season. Numbers are GRIM.  Story: HERE

Each school gets a $54M payout as a result of their media deals. That either goes away entirely, or is severely reduced. ABC/ESPN and FOX aren't going to pay for media rights for things that don't exist.

Ticket sales, parking, concessions are the second big hit. For Michigan, that's apparently around $44M according to the records they could find.  Ohio State brought in $50 in 2018 from home games.

There will be some level of savings due to the lack of travel, but that. number would be relatively small in comparison.

Catchafire

July 17th, 2020 at 6:03 PM ^

Michigan and all these other schools gouge students with tuition.  I could care less tbh, because what are they doing with all this money they receive?