UNC Athletics Facing $30 Million Loss in Revenue for 2020-21

Posted Feb 18, 2021
The North Carolina athletics department is facing a $30 million loss in revenue for the 2020-21 academic year, UNC Athletic Director Bubba Cunningham and Executive Director of the Rams Club John Montgomery told Tar Heel fans, supporters, and donors in a letter on Wednesday. The loss in revenue is directly related to the COVID-19 pandemic. (Inside Carolina)

Related: Business & Administration

Search Begins for UNC-Chapel Hill’s Next Chancellor
With the swift and dramatic exit of former Chancellor Kevin Guskiewicz to Michigan State University in December and the appointment of UNC-Board of Governors member...
Mon Apr 1, 2024

Connections in UNC vs. Michigan State NCAA Tournament game go straight to the top
Saturday’s round-two matchup between basketball powerhouses North Carolina and Michigan State could be described as the "Kevin Guskiewicz game." Guskiewicz started his new role in...
Sat Mar 23, 2024

UNC BOT Chair Calls for ACC Transparency
With two ACC schools electing to sue the ACC pertaining to the grant of rights, speculation has turned to UNC’s next steps and if Clemson’s...
Thu Mar 21, 2024

Bubba Cunningham Taking Measured Approach for UNC as National Landscape Shifts
One prominent line of thinking is that UNC needs to jump ship to the SEC or Big Ten before the financial disparity becomes detrimental. UNC...
Wed Mar 13, 2024