Gene Smith: Ohio State's athletics cash crunch will result in belt-tightening

Gene Smith: Ohio State's athletics cash crunch will result in belt-tightening

bizjournals

Published

Ohio State football is used to being the athletic department's big moneymaker. Now, as millions in coronavirus-related losses stack up, the football program may have to get used to scaling down its champagne tastes in order to meet its beer budget. OSU's athletics department is poised to have a $107 million deficit this year, with tens of millions in football-related losses. In 2019, OSU brought in more than $60 million from tickets and concessions alone on football game days, which it won't have…

Full Article