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LSU To Forgo $6M In Revenue If Unable To Complete Alabama Game

LSU losing the Alabama home game would add to an already forecasted $80M budget shortfallGetty Images

LSU's athletic department will forgo up to $6M in "sales revenue from tickets, concessions, retail, parking, corporate advertising and other cash streams" if they are unable to play their postponed football game against Alabama, according to Bill Shea of THE ATHLETIC. The department had already "expected the game to generate a couple million dollars less than a normal year." But with LSU having already forecast an $80M "athletic department budget shortfall this season," losing the Alabama home game "would drive that total even higher." The department's "overall budget" is about $157M. But while CBS "lost its primetime SEC game," some of LSU's $6M shortfall "could be salvaged if the game is played next month." A non-Alabama game "would normally generate" $3M to $4 M in revenue." LSU had a "wave of season ticket interest" early on, but "much of that money has been rolled into 2021 seats instead." Meanwhile, departmental belt-tightening has included 5% "pay cuts for anyone paid $80,000 or more." Nine employees "were cut," with another 14 to 15 positions "going unfilled for now" (THEATHLETIC.com, 11/12).

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