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Without Fall Sports Revenue, IU Athletics Will Make Budget Cuts

Memorial stadium end zone

IU said it will have to reduce outside contracts with stadium vendors due to the postponed football season. (Joe Hren, WFIU/WTIU News)

IU Athletics announced Friday a 10% cut in the department’s budget to make up for lost revenue this fall.

“Due to the COVID-19 pandemic, IU Athletics has not participated in an intercollegiate athletic event in five and a half months, which necessitated tough decisions regarding our staff,” said Scott Dolson, athletic director.

All departmental staff members will be required to take at least a two-week, unpaid furlough by June 30, 2021.

“Throughout this process, we have prioritized our staff, and the decision to ask everyone to share the burden was made to minimize the number of employees who would be impacted to a much more significant degree,” Dolson said.

IU said this financial decision will save the department approximately $11.8 million.

“With that said, this remains a very difficult day for our entire IU Athletics family, who devote their time, efforts and energies to supporting our students and representing our department and Indiana University in a first-class way,” Dolson said.

Dolson, along with Head Men’s Basketball Coach Archie Miller and Head Football Coach Tom Allen, will each take a voluntary 10% pay cut.

For the latest news and resources about COVID-19, bookmark our Coronavirus In Indiana page here.

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