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Any truth? CU Athletic Dept ran $12 million in red in 2020?
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Any truth? CU Athletic Dept ran $12 million in red in 2020?


Dec 11, 2021, 12:26 PM

Saw statement somewhere. Any truth?

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Re: Any truth? CU Athletic Dept ran $12 million in red in 2020?


Dec 11, 2021, 12:27 PM

Probably as most everyone had a down covid year.

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not sure, but every college was hurting in revenue last yr


Dec 11, 2021, 12:27 PM

nobody in stadiums hurts.

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It wouldn’t surprise me. All schools took huge losses


Dec 11, 2021, 12:29 PM

because of no football attendance due to covid.

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Imagine TV rev from conf down to due to less games


Dec 11, 2021, 12:34 PM

It was a hit all around

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Re: Any truth? CU Athletic Dept ran $12 million in red in 2020?


Dec 11, 2021, 12:37 PM

Selling 80+ thousand seats makes a lot of money.

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About $75 million lost income on 2020 ticket sales in 2020.***


Dec 11, 2021, 2:23 PM



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Re: Any truth? CU Athletic Dept ran $12 million in red in 2020?


Dec 11, 2021, 12:48 PM

Would you find this helpful?
https://www.collegefactual.com/colleges/clemson-university/student-life/sports/


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Re: Any truth? CU Athletic Dept ran $12 million in red in 2020?


Dec 11, 2021, 12:51 PM

My opinion to that would be, as all big businesses, they claim everything allowed to claim as a loss for tax write off, and I'm sure every college that has sports with an arena, stadium, they claimed more losses than they actually had. Like they missed out on filling every seat in the house, and they probably never done that before, but claiming the loss bc of covid, bc they can!!!

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Re: Any truth? CU Athletic Dept ran $12 million in red in 2020?


Dec 11, 2021, 1:41 PM

They all non-profits like the college.

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Re: Any truth? CU Athletic Dept ran $12 million in red in 2020?


Dec 11, 2021, 12:53 PM



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