The Michigan Wolverines are facing some gigantic budget issues for the upcoming school year.
Athletic director Warde Manuel projects a shortfall of $26.1 million for the 2020-2021 year, according to The Detroit News. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football)
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The major issues are that sports have been shut down for months because of the coronavirus pandemic, and nobody has any idea what will happen with football.
For comparison, Michigan had a surplus of $1 million when the budget was presented in 2019, according to the same report.
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In case you were wondering why football has to happen in the fall, look no further than the situation it is facing.
If the Wolverines are facing a shortfall of $25 million, what do you think other schools are facing? Football not happening will decimate schools.
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The reality of the situation is that Michigan can probably survive a year without football and the Wolverines can probably take a $26.1 million hit.
They’re one of the biggest athletic programs in America. The Wolverines are in some rarified air in that respect.
You know who won’t be able to survive a year without football or a $26.1 million hit? The vast majority of programs around America.
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Luckily, it looks like football will happen, which is a great thing. If it doesn’t, you’re going to see a lot of pain for college athletic departments.