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Coronavirus Football Causalities

Discussion in 'College Football' started by ScriptOhio, May 11, 2020.

  1. ScriptOhio

    ScriptOhio Everybody is somebody else's weirdo.

    Div. II Florida Tech announces it’s eliminating its football program because of the financial impact of COVID-19

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    Florida Tech has the unfortunate “honor” of being the first football casualty of the coronavirus pandemic. Sadly, they likely won’t be the last.

    We have previously noted that there will be a financial cost because of the pandemic as it relates to athletics at the Div. 1 level. Monday, a program one level lower has been impacted as Florida Tech announced a series of cost-cutting moves within the athletic department. Included in that is the elimination of the Div. II football program. The complete elimination. Which impacts 120 student-athletes and eight coaches.

    The university stated that the pandemic led to the decision.

    “As I have continued to share with you, these are difficult times for our university,” Florida Tech president Dwayne McCay told the university community in a letter. “Indeed, all of higher education is struggling to deal with the realities of the COVID-19 pandemic, and the uncertainty that accompanies a global disruption to daily life. Some universities will no doubt close. Florida Tech, however, has plans to persevere. …

    “The unprecedented uncertainty created by COVID-19 makes these moves prudent, but no less painful. We must do what is necessary to preserve resources critical to our educational mission and ensure our ability to successfully serve students when face-to-face instruction resumes this fall. I appreciate each of you, and I am humbled by your hard work and sacrifice.”

    The Florida Tech football program first suited up for the 2013 season. The Panthers qualified for the Div. II playoffs twice (2016, 2018) during their brief existence. Playing out of the Gulf South Conference, the Panthers will finish with an overall record of 44-35.

    In a Q&A, though, there was some sliver of good news:

    Will student-athlete scholarships be honored?
    All scholarship-eligible student-athletes affected by this reduction will have their athletic scholarships honored for up to four years. If they choose transfer, NCAA rules allow them to transfer and play right away and not have to sit out a year.

    Entire article: https://collegefootballtalk.nbcsports.com/2020/05/11/florida-tech-eliminates-div-ii-football-program/
     
    DaddyBigBucks likes this.
  2. DaddyBigBucks

    DaddyBigBucks Still Calculating Buckeye DSC... Staff Member Bookie

    Sadly, I think it was a good call to start a thread for this

    I hope it’s much shorter than I expect it to be
     
    Thump likes this.
  3. Mike80

    Mike80 Avenge Woody

    I don't know if it's germane to the thread, but my youth football league is teetering. We can survive cancelling for one year. If it has to go further, we're fucked and we'll have to fold.
     
  4. Honor&Glory

    Honor&Glory Paper,Rock, Scissors, Lizard, Spock!

    Urbana closed the entire school...
     
  5. Taosman

    Taosman Flatten the Curve

    How many times has an XFL started and failed and yet they keep trying. Don't give up on youth football if your league fails. Find like minds. Start another.
     
  6. ScriptOhio

    ScriptOhio Everybody is somebody else's weirdo.

    Financial toll of coronavirus could cost college football at least $4 billion

    As more and more college athletic departments cut sports programs, the financial wreckage due to the coronavirus pandemic is becoming devastatingly clear -- and that's without factoring in a $4 billion loss if the 2020 football season is canceled, a development that would forever alter college-level sports.

    University systems have suffered hundreds of millions of dollars in losses thus far, which could grow significantly as decisions are made about whether to return students to campuses this fall.

    An array of cost-saving measures have been implemented 100 days from the scheduled start of the college football season: The Mid-American Conference announced multiple scheduling changes, including plans to eliminate conference tournaments in eight sports; Cincinnati dropped its men's soccer program; Old Dominion cut its wrestling program; Furman shut down baseball and men's lacrosse; Bowling Green cut baseball; Central Michigan terminated men's track and field; and Akron announced it is eliminating men's cross country, men's golf and women's tennis.

    Athletic directors also are refunding tickets for spring sports and student fees for the spring semester while instituting hiring freezes, layoffs, mandatory furloughs and pay cuts, even for their most high-profile coaches. More than 20 FBS athletic departments, including Arizona, Colorado, Kansas, Louisville, Minnesota, USC and Washington State, have announced voluntary pay cuts and/or mandatory furloughs for coaches and athletic staffers.

    For Power 5 schools, the possibility of a lost college football season looms even more significantly.

    "If there's no football season, or if football season is interrupted or shortened, there will be a massive fallout," TCU athletic director Jeremiah Donati said. "There would have to be massive cutbacks. Could the department go on? Sure. It would probably look smaller. There would potentially be fewer sports and much less programming."

    Patrick Rishe, director of the sports business program at Washington University in St. Louis, believes the upcoming football season will be played -- even if it's during the spring -- because of "astronomical financial implications" for athletic departments if it is canceled.

    Quite simply, college athletics might not have a financial choice.
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    "Football is the elephant in the room," Ohio State athletic director Gene Smith said. "From that point of view, it's significant in funding all of our sports and everything we do for our student-athletes. It's also important to our community in a number of ways. Every contest has significant economic impact in central Ohio."
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    continued

    Entire article: https://www.espn.com/college-sports/story/_/id/29198526/college-football-return-key-athletic-departments-deal-financial-wreckage-due-coronavirus-pandemic

    Good analysis of the financial impact to colleges of no football this Fall (or Spring).
     
  7. ORD_Buckeye

    ORD_Buckeye Wrong glass, Sir.

    Hopefully, this will cause Ohio State to see the folly of running such a razor tight budget when they don't need to. In the recent year that we actually lost money (600K) we were projecting a 385K profit on 200M in revenue (2/10ths of 1 percent). That's insane. I'm not saying we need to be Texas or Alabama and only fund 16 or 17 sports, but we should be running much larger surpluses in the AD given our revenue levels.
     
    Cratylus, brodybuck21 and Thump like this.
  8. Thump

    Thump Hating the environment since 1994

    I believe this could be a good thing in cutting the massive bloat of athletic departments.
     
    brodybuck21 likes this.

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