Iowa State is facing a massive deficit in the aftermath of the House settlement, and Cyclones’ fans will be asked to take on more expenses in 2025.
The revenue-sharing model is here after the House settlement’s approval, allowing schools to share up to $20.5 million directly to athletes this year with that number increasing annually over the next decade.
Budget constraints are beginning to mount for some schools like Iowa State, which revealed a deficit projection of $147 million through 2031, roughly $25 million over the next six years, according to a report from The Gazette…