University of Minnesota Athletics Budget Faces $8.75 Million Deficit, Driven Largely by New Payments to Players

Cunningham and the Board of Regents address structural changes

University of Minnesota President Rebecca Cunningham and the Board of Regents discussed the intercollegiate athletic budget and solutions for system optimization at a board meeting Wednesday, amidst what Cunningham called a “higher education crisis.”  In the meeting, Cunningham said this crisis has created pressures that will force University members and administrators to grapple with possible setbacks. “We will have to bring courage, resilience…

University of Minnesota athletics budget faces $8.75 million deficit, driven largely by new payments to players

University of Minnesota's athletic budget faces $8.75M deficit amid new revenue-sharing model.

Minnesota AD says Gophers have $8.75M deficit after House settlement

Minnesota Gophers athletic director Mark Coyle presented a budget to the Board of Regents that projects a $8.75 million deficit following the House v. NCAA settlement.