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

Posted Feb 26, 2021
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: Business & Administration

Carolina Insider Podcast: UNC vs. Georgetown recap, CFP Bracket, Rams Club Director Seth Reeves
UNC Basketball put together one of its better performances of the season to-date defeating a solid Georgetown team, 81-61 (3:19). The CFP Bracket has been...
Mon Dec 8, 2025

UNC goes all in on interlocking NC, but Belichick has a different favorite logo
It’s out with the Old Well logo and in, or back in, with the interlocking "NC" in Chapel Hill. The University of North Carolina announced...
Fri Nov 14, 2025

Martina Ballen To Retire After 38 Trailblazing Years In Carolina Athletics
North Carolina Senior Associate AD/Chief Financial Officer Martina Ballen is retiring after a groundbreaking 38-year career. The first African-American administrator in Carolina Athletics history, Ballen...
Wed Nov 5, 2025

Marcus Ginyard Named UNC Director Of Special Projects
Former UNC forward Marcus Ginyard was recently named Director of Special Projects at UNC, a role supporting leadership in the Offices of Public Affairs and...
Tue Oct 14, 2025