The Louisville Cardinals have instituted pay cuts amid the ongoing coronavirus crisis.
Athletic director Vince Tyra announced that head coaches in 21 sports would be taking pay cuts of 10%, according to WDRB. The football coach and men’s basketball coach are both included in the group of coaches taking cuts. WDRB also reported that a source believes the Cardinals might need to find 30% of the budget to cut for some programs after coronavirus ended March Madness and put sports on hold. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football)
On top of the pay cuts, Tyra prefers delaying the football season by a couple months instead of playing in empty stadiums.
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Just in case you weren’t already aware, coronavirus has decimated the world of sports, and this is just the latest awful example.
Louisville, which is a major Power 5 program, might need to cut 30% of their budget for certain programs! The numbers are absolutely mind-boggling.
It’s unclear if the 30% cut is with the football season still expected to happen. If it is, then I don’t even want to know what the numbers would be if football isn’t played in the fall.
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I think there’s a very real chance some athletic programs simply don’t survive without football. Again, Louisville is in a better position than a lot of teams because they have ACC money.
What about Group of 5 teams? They don’t have Power 5 money, and will lose their biggest stream of revenue if football doesn’t happen in the fall.
Let’s just all keep doing whatever we can to make sure the college football season happens. The alternative is not good.