Rhoades said the financial implications could put into question upcoming projects -- including the building of a new basketball arena -- and affect academic opportunities for students. Rhoades said the school, like others impacted, will also struggle to attract and keep talent on the field and in coaching staffs.
"The economic impact is real," Rhoades said less than four months after the men's basketball team won the NCAA championship. "If we are no longer a member of a Power Five, we will sell less tickets, we will sell less merchandise, we will raise less money and we will have less corporate sponsorship."
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