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UNI Athletics Announces Budget Adjustments for Fiscal Year 2021

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  • UNI Athletics Announces Budget Adjustments for Fiscal Year 2021

    "In an effort to balance a budget shortfall that is expected to exceed $1 million resulting from the COVID-19 pandemic, the University of Northern Iowa Department of Athletics is implementing several cost-saving measures which began July 1.

    UNI Athletics staff and coaches will take temporary salary reductions for fiscal year '21, as part of expense saving measures. Additionally, all contract incentives for head coaches and Director of Athletics David Harris have been suspended for the fiscal year."

    Entire read:
    https://unipanthers.com/news/2020/7/...year-2021.aspx
    "Well, that escalated quickly."

  • #2
    Unfortunately the $1 million shortfall does not include the $650,000 we will not get from Iowa for the September 5 football game. It's a real gut punch for UNI athletics and will force some very tough and unpopular decisions to be made by the athletics department.

    Comment


    • #3
      Every college athletic department in the country will be facing difficult and unpopular decisions over the next year.
      Winning is more fun than losing.

      Comment


      • #4
        Originally posted by Blue42 View Post
        Every college athletic department in the country will be facing difficult and unpopular decisions over the next year.
        Which makes me question how this effects things long term. Will buy games be as available? Will buy games pay as much? Some schools have already cut programs, it'll be interesting to see how that continues throughout the country over the next year or so as well.
        To avoid confusion - my username is baseball (Cy Young award) related, NOT for the Cyclones.

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        • #5
          Originally posted by CyCarp View Post

          Which makes me question how this effects things long term. Will buy games be as available? Will buy games pay as much? Some schools have already cut programs, it'll be interesting to see how that continues throughout the country over the next year or so as well.
          Agree it will be very interesting.

          The NCAA is going to have to provide some options to schools to manage through the next few years.

          Whether that is to sponsor fewer sports to remain Division I, to move some non-revenue sports to a non-scholarship basis or other things that help to reduce expenses.

          ​​​​​
          Winning is more fun than losing.

          Comment


          • #6
            Originally posted by Panther AC View Post
            Unfortunately the $1 million shortfall does not include the $650,000 we will not get from Iowa for the September 5 football game. It's a real gut punch for UNI athletics and will force some very tough and unpopular decisions to be made by the athletics department.
            Has the contract been released? Was there an epidemic/pandemic clause?

            Most of these contracts have Force Majeure clauses, but the Big Ten saying conference games only is unlikely to rise to meet this burden. If the entire season is cancelled, that would be Force Majeure. I hope Iowa plays a conference game on September 5th and UNI athletics sends an invoice to Iowa City.
            Last edited by panther1; 07-14-2020, 04:57 AM.

            Comment


            • #7
              We aren't getting paid guys. It's not happening. Time to move on.

              Iowa also doesn't have another spot for an FCS game until 2028 so its going to be a long, long time before we see the Hawks again.
              #MACtion

              Comment


              • #8
                Originally posted by panther1 View Post
                Most of these contracts have Force Majeure clauses, but the Big Ten saying conference games only is unlikely to rise to meet this burden.
                where is it written that that wouldn't qualify as force majeure?

                Comment


                • #9
                  Originally posted by vbfan19 View Post
                  where is it written that that wouldn't qualify as force majeure?
                  Highly unlikely that the Big Ten deciding what their member institutions do would fall under FM. We aren’t going to get paid, but legally (depending on the actual contract language) Iowa may owe the money. Especially if they end up playing a game on September 5th.

                  All of this is moot when college football is cancelled entirely though...

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