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Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

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Illustration: Aïda Amer/Axios

As universities scramble to survive the financial fallout of the coronavirus, sports teams are being cut, abruptly ending thousands of student-athletes' careers and exposing a collegiate sports model that many believe is broken.

Why it matters: With concern about the fall football season growing by the day, the fear is that the cuts have only just begun.

  • Football is the only sport that generates a profit at most schools. If the season is cut short or canceled, every sport will feel it.

By the numbers: 43 Division I teams have been eliminated in the last 12 weeks, and more than 130 programs have been cut across all NCAA levels. By comparison, just 57 programs were cut in the previous three years, combined.

  • Men's and women's tennis have been hit the hardest, as have Olympic sports like volleyball. That could affect future podiums: 88% of American athletes in the Rio Games had played their sport in college.

The big picture: While schools claim these are money-saving decisions, many point to the reluctance to touch where the real fat sits — in the football budget — as proof that the NCAA model has been corrupted and lost its original purpose of providing broad-based opportunities.

  • Exhibit A: Cincinnati cut men's soccer in March, which will save the school roughly $725,000. That's less than it paid its football support staff (i.e. non-coaches) last year, and head football coach Luke Fickell earned $2.3 million.
Reproduced from NCAA Research; Chart: Axios Visuals

The state of play: No Power 5 schools (ACC, Big 12, Big Ten, Pac-12, SEC, Notre Dame) have eliminated a sports team yet. But that will change if the football season is affected and they lose out on lucrative TV deals, which comprise roughly a third of their revenue.

  • At the Group of 5 level (AAC, C-USA, MAC, MWC, Sun Belt, independents) where TV deals are smaller and even football programs often lose money, some schools (like UConn) have already cut multiple sports.
  • As you move down the divisions, the reliance on government and institutional funding only increases, so the situation is bound to get worse as the economy suffers, campuses remain closed and enrollment plummets.

Between the lines: A fact rarely acknowledged by athletic departments looking to make cuts is that when you factor in tuition payments, many "non-revenue" sports actually generate millions for universities.

  • While sports like football and basketball guarantee every athlete a full scholarship, the vast majority of sports limit them, meaning many athletes are paying full tuition.
  • So a swimming team, for example, could be generating over $1 million to the school, "but the accounting system in athletics doesn't include that $1 million," economist Andy Schwarz told SI. "That's on somebody else's books."

The last word:

"Broad-based programming is easy to talk about and expensive to do. But all of our programs will be poorer for not having those student-athletes around."
— Big 12 Commissioner Bob Bowlsby, per AP

Go deeper: Coronavirus forces college sports programs to slash budgets

Go deeper

Jan 26, 2021 - Economy & Business

Pay TV's bleak post-pandemic outlook

Data: eMarketer; Chart: Axios Visuals

The pandemic has taken a huge toll on the Pay-TV industry, and with the near-term future of live sports in question, there are no signs of it getting better in 2021.

Why it matters: The fraught Pay-TV landscape is forcing some smaller, niche cable channels out of business altogether.

Republican Sen. Sasse slams Nebraska GOP for "weird worship" of Trump after state party rebuke

Sen. Ben Sasse, (R-Neb.) Photo: Andrew Harnik - Pool/Getty Images

The Nebraska Republican Party on Saturday formally "rebuked" Sen. Ben Sasse (R-Neb.) for his vote to impeach former President Trump earlier this year, though it stopped short of a formal censure, CNN reports.

Why it matters: Sasse is the latest among a slate of Republicans who have faced some sort of punishment from their state party apparatus after voting to impeach the former president. The senator responded statement Saturday, per the Omaha World-Herald, saying "most Nebraskans don't think politics should be about the weird worship of one dude."

Cuomo barraged by fellow Dems after second harassment accusation

New York Gov. Andrew Cuomo faced a barrage of criticism from fellow Democrats after The New York Times reported that the second former aide in four days had accused him of sexual harassment.

Why it matters: Cuomo had faced a revolt from legislators for his handling of nursing-home deaths from COVID. Now, the scandal is acutely personal, with obviously grave political risk.