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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.

Capitol Hill's far right pushes Anglo-Saxon values, European architecture

Photo: Al Drago/Bloomberg via Getty Images

Multiple far-right House Republicans have begun planning and promoting an America First Caucus aimed at pushing "uniquely Anglo-Saxon political traditions," Punchbowl News first reported.

The big picture: "The document was being circulated as the GOP is struggling to determine a clear direction as it prepares to try winning back control of the House and Senate in the 2022 elections," AP writes.

Super typhoon Surigae explodes to Cat. 5 intensity

Super Typhoon Surigae seen on satellite imagery Saturday morning east of the Philippines. (CIRA/RAMMB)

Super Typhoon Surigae surged in intensity from a Category 1 storm on Friday to a beastly Category 5 monster on Saturday, with maximum sustained winds estimated at 180 mph with higher gusts.

Why it matters: This storm — known as Typhoon Bising in the Philippines — is just the latest of many tropical cyclones to undergo a process known as rapid intensification, a feat that studies show is becoming more common due to climate change.