UNC Athletics Avoids Major Pandemic Budget Hit Posted Jul 17, 2021 Around this time last year, the fear that COVID-19 restrictions could cancel the 2020-21 college football and basketball seasons initially led UNC AD Bubba Cunningham to project a loss of $30 million in the schools' athletic revenue. This week, after a fortunate turn of events, Cunningham revealed that UNC made out okay (far better than expected). (Inside Carolina)