UCF AD Talks Financial Impact Of Canceling Spring Sports
UCF AD Danny White said the school is "working on" determining the financial impact of canceling spring sports, according to a Q&A with Matt Murschel of the ORLANDO SENTINEL. White said in terms of what the school can save from its normal operational budget, "Our goal is to have an answer by the end of this week." Below are excerpts from the Q&A, some of which have been edited for clarity and brevity.
Q: What sort of financial impact does the cancellation of spring sports have at UCF?
White: Some easy things to point to are baseball ticket revenue that needs to be refunded. The NCAA distribution to us was about $1.3-1.5 million short of what it would normally be. So we know where we have some holes.
Q: Do you know how much financial impact Monday's NCAA decision will have?
White: It's going to be somewhere in the $300,000-500,000 range, it just depends on how many of them elect to do it. ... There are going to be a lot of scenarios where there are one-time challenges. We've just got to find a way and hopefully, there's ways with federal and state support, one-time relief to help us get through the next 12 months or so.
Q: What's the status of fundraising?
White: It's been brought to a screeching halt. Our fundraiser, our ticket sellers ... we're doing a lot of reaching out right now and checking in with our folks and letting them know we're thinking about them. But people are hurting out there. It's not the right time to be asking for money.
Q: What about McNamara Cove, which was set to debut this upcoming football season?
White: We know we're going to move forward with it, it's already been through pledges, but the timing we deliver it -- we planned on opening it the 2020 season, but I think we've probably missed that window, so maybe it's more of 2021 maybe we can get it done at some point during the course of the year next year (ORLANDO SENTINEL, 4/1).