Gophers athletic director Mark Coyle will present a plan to the Board of Regents on Friday for how his department plans to tackle revenue losses caused by the COVID-19 pandemic.
In an outline released last week, the department revealed that it has lost $4 million and is targeting a "double-digit reduction in operating budget."
What's not known is whether that double digit is 10 percent or a figure considerably higher. If it's 10 percent, that would equate to $12.3 million from the $123 million budget.
Some members of the department, including Coyle, his senior staff and coaches P.J. Fleck, Richard Pitino and Lindsay Whalen, have taken pay reductions of different degrees.
But to reach that $12.3 million mark (or more depending on what Coyle announces), the Gophers will need to dig deeper than pay cuts and furloughs.
The extent of those cuts hinges greatly on what happens with the football season. Not just here but across all of college sports.
If the football season is canceled, draconian measures will be necessary because football is the cash cow that drives college athletics. Hopefully that's not the case. Different scenarios are being discussed by conference leaders including an on-time start to the season, a short delay, or possibly moving the season to winter.
Everything is so fluid that it's hard to guess what will happen with any certainty because there are 130 FBS schools in 10 conferences plus independents and realistically, not all states will re-open at an identical pace.