What this is going to show is what schools truly can afford athletics at the amount they’re spending, whether that’s salaries of coaches or cost to play. The other thing I expect to see is schools having a harder time justifying the athletics tax they’ve been charging in student fees.
I think this may well be the thing that finally separates the haves and have-nots officially. Schools are going to have to figure out how vested they really are in sports. My guess is a good chunk will have to downshift or shut down sports all together. Dropping a sport, as some schools have done, may just be the beginning.
Many athletic departments have been living beyond their means for a long time and universities have propped them up. Some schools are not going to have the cash flow to do that during the lean times.