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Author Topic: The Economical Impact on HBCU’s  (Read 715 times)

Offline hbcu

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The Economical Impact on HBCU’s
« on: July 10, 2020, 09:20:56 AM »
How many coaches salaries will take a reduction in pay 💰 for the cancellation of Fall Sports in the CIAA and the SIAC?

Online Ram55

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Re: The Economical Impact on HBCU’s
« Reply #1 on: July 10, 2020, 09:56:44 AM »
The fallout from this will last for years. Most schools will have the very minimal sports they can have. WSSU is already at that level of sports.

Offline Thinkingaboutit

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Re: The Economical Impact on HBCU’s
« Reply #2 on: July 10, 2020, 10:06:40 AM »
All schools and conferences are in uncharted territory.  Some will regroup making changes befitting the circumstances and and others will wallow as elated doomsday advocates.  Its a glass half full or glass half empty outlook.   ;) ;) ;D ;D ;) ;) 
« Last Edit: July 10, 2020, 10:10:32 AM by Thinkingaboutit »

Offline BisonBlu

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Re: The Economical Impact on HBCU’s
« Reply #3 on: July 10, 2020, 03:22:30 PM »
This is so scary to see.  As we know many of our Assistants and support staff members will be in serious trouble.

Offline Eagle Banker

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Re: The Economical Impact on HBCU’s
« Reply #4 on: July 10, 2020, 06:11:13 PM »
This is a serious matter for HBCUs. Many athletic programs operated close to breakeven each year. When HBCUs are unable to generate revenue from televised games or money games with bigger programs it will put a strain on organizations to maintain their existing staff.
They will need to honor scholarships, academic and athletic services even if the games aren’t played. 
Those services are very  expensive!!! 
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Offline Thinkingaboutit

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Re: The Economical Impact on HBCU’s
« Reply #5 on: July 10, 2020, 06:39:22 PM »
Yes, that is what I hear from those knowing more than gossip.  It is happening to everybody and those large financial games will  negatively affect morale while effecting the books.  We will get through this too.  Coaches and scholarships have to be honored, i'm sure.

Offline eagle pride

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Re: The Economical Impact on HBCU’s
« Reply #6 on: July 11, 2020, 01:14:43 AM »
I would think that coaches will continue to work, recruit to prepare for the future. 
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Offline AimHigh

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Re: The Economical Impact on HBCU’s
« Reply #7 on: July 11, 2020, 09:22:02 AM »
HBCUs actually have home court advantage on these sort of matters. Now is our time to make visionary strategic decisions and rise. 

Offline NCCU Big GRAY

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Re: The Economical Impact on HBCU’s
« Reply #8 on: July 11, 2020, 10:11:55 AM »
Yes, I agree with some of the others - this is an opportune time for HBCU's to think and rethink, reimagine, strategize, improve, market, brand, study the competition, reach out to the community, fundraise, reconnect, teach and support current student athletes, retrain coaches and staff, budget more and better, keep a competitive edge, keep courting alumni, fans and sponsors, AND keep their eyes on the big picture and the FUTURE. We must do everyone of these things in order to survive or better yet thrive during these uncertain and crazy times.  The CONFERENCE OFFICES will have to do the same...
« Last Edit: July 11, 2020, 01:02:35 PM by Big GREY »

Online klg14

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Re: The Economical Impact on HBCU’s
« Reply #9 on: July 11, 2020, 10:34:55 AM »
College sports bring TV contracts, corporate donations and other income that could be lost this year due to COVID-19.

Higher education could see big revenue losses from a sports shutdown
https://www.marketplace.org/2020/07/10/higher-education-big-revenue-loss-sports-shutdowns/

Photo caption: "Fans cheer the Ohio State University Buckeyes at a 2008 game. In one year, sports brought in $209 million to the school."
« Last Edit: July 11, 2020, 10:37:15 AM by klg14 »
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Offline BisonBlu

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Re: The Economical Impact on HBCU’s
« Reply #10 on: July 11, 2020, 11:12:21 AM »
I’m hoping that food will donate the money they planned on spending at homecoming to their University

Offline Blue N Gold

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Re: The Economical Impact on HBCU’s
« Reply #11 on: July 12, 2020, 11:18:18 PM »
Hey guys, we'll be playing in the spring.... :shrug:

Offline eagle pride

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Re: The Economical Impact on HBCU’s
« Reply #12 on: July 13, 2020, 01:00:03 AM »
Hey guys, we'll be playing in the spring.... :shrug:



I really don't want to watch football in the Spring.  They may as well just get ready for August. 
Whether great or small, victory is victory!

Offline ncsiacfan

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Re: The Economical Impact on HBCU’s
« Reply #13 on: July 13, 2020, 08:11:47 AM »
I agree with Eagle Pride on that.

 

 

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