Ohio State was one of four athletic departments to collect more than $200 million in revenue last year and they sponsor more varsity sports (36) than any school in America. Still, the Buckeyes haven’t gotten through the CoVID-19 pandemic unscathed. Shortly after The Ohio State University announced a projected budget shortfall of $107 million during Fiscal Year 2021, Buckeyes’ Athletic Director Gene Smith addresses a pool of reporters on a Zoom call. He began the call by acknowledging how difficult yesterday was for the athletic department. “Yesterday was a challenging day for everyone,” Smith said. “Everyone was impacted in some form or fashion, whether it be furlough, salary reduction or opportunity.” Among the most important things Smith stressed: Ohio State would not be eliminating any varsity sports, nor would they be cutting back on things essential to the student-athletes health and overall experience. “Not at this point in time,” Smith…
Continue Reading: Ohio State AD Gene Smith Outlines How the Athletic Department Will Handle Estimated 7 Million Budget Deficit
