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
Video: IC Podcast - UNC's Place in the New World of College AthleticsQuestions surrounding the state of collegiate athletics are rampant ahead of the House settlement ruling coming down from the courts on Monday, April 7. Inside...
Wed Apr 2, 2025Rams Club Set to Play Key Role in Revenue Sharing Era
The Rams Club will play a more substantial role when revenue sharing begins on July 1. NCAA institutions will be permitted to share approximately $20.5...
Fri Mar 28, 2025
Video: IC Podcast - UNC’s Way Out of ACC
On Tuesday, the ACC settled all pending lawsuits with Clemson and Florida State, ending months of litigation by the two schools seeking a way out...
Fri Mar 7, 2025
ACC Settlement Proves Beneficial for UNC
On Tuesday, the Atlantic Coast Conference announced the resolution of all ongoing legal disputes with Clemson University and Florida State University. While the headlines stemming...
Wed Mar 5, 2025
