Study: UAB faces $3.2 million yearly deficit with football
BIRMINGHAM, Ala. (AP) – A study commissioned by UAB says the athletic department would face an annual deficit of about $3.2 million if it reinstates football, rifle and bowling.
The College Sports Solutions report released Monday didn’t make a recommendation on whether the university should bring back the sports but found “near unanimity” among campus groups that their elimination had a negative effect.
University President Ray Watts said last week that he would announce UAB’s decision June 1.
The 97-page report indicated that UAB would lose more than $2 million in revenue if it must leave Conference USA to join another league as a non-football playing member.
CSS said both Watts and University of Alabama System trustees would support reinstating the sports “if such a return were made with sound financial considerations and plans.”