LOUISVILLE, Ky. (WDRB) — Louisville athletics put a number on the modern college sports problem this week: Roughly $30 million.
That, essentially, is what the University of Louisville athletic department laid before its board of trustees Thursday: a projected Fiscal Year 2027 budget deficit approaching $30 million, one expected to be covered largely through borrowing.The number could be as much as $9 million less, depending on different revenue opportunities.
The striking part? Nobody tried to hide it…