IU football coach Tom Allen is giving back 10% of his salary to the athletic departmentGETTY IMAGES
Indiana Univ. athletics projects it will "require a cost savings" of nearly $12M for the coming fiscal year, as a result of the COVID-19 pandemic -- and that forecast "suggests the shortfall can be covered without reductions in staff or sports," according to Zach Osterman of the INDIANAPOLIS STAR. IU's athletic department will "need to implement measures to save approximately 10% on expenses that would otherwise project to $118,915,508 for the coming fiscal year." The memo distributed by outgoing AD Fred Glass and incoming AD Scott Dolson "outlines the first phase of the cost-savings plan that will address that shortfall." A second phase will be "left open-ended in case the financial impact of the ongoing pandemic deepens through the first half of the fiscal year." Dolson, Glass, football coach Tom Allen and men's basketball coach Archie Miller -- four of the department's highest earners -- will each "donate 10% of their salary back to the department in the coming fiscal year" to help address the projected shortfall. There also will be what the memo terms as "targeted cuts at the department and program levels" that the memo itself does not specifically name (INDIANAPOLIS STAR, 6/27).
