Menu

COVID-19's Impact on Carolina Athletics' 2019-20 Financials


A first look at COVID-19’s initial impact on UNC’s athletic department indicates a $2.6 million deficit during the 2019-20 fiscal year, according to the school’s annual financial report to the NCAA. Operating expenses outpaced total revenue for the second consecutive year. In 2018-19, UNC’s athletic department suffered a deficit of nearly $3 million. (Inside Carolina)

Related:

How a former NASCAR executive with deep Chapel Hill ties plans to move UNC athletics forward
Steve Newmark grew up in Chapel Hill surrounded by North Carolina athletics leaders. He was close with the family of UNC’s former athletics director, Dick...

Q&A with John Preyer of UNC's Board of Trustees
John Preyer graduated from Carolina with a political science degree in 1990 and became a member of the Board of Trustees in 2019. He completed...

Lee Roberts’ Long Game At UNC
Lee Roberts, who served as UNC's interim chancellor before being named to the post permanently last August, wants to make the country’s oldest public university...

Chansky’s Notebook: Subtly Smart
Seth Reeves is the right guy to run the Rams Club. The new executive director of the Educational Foundation is destined to have an easier...

COVID-19's Impact on Carolina Athletics' 2019-20 Financials