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IU Athletics cites incoming income sharing with student-athletes as justification for cutting 25 positions

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Bloomington, Indiana – As universities across prepare to split the money with student-athletes, IU Athletics announced it will eliminate 25 jobs in an attempt to minimize expenses.

College programs consented to give student-athletes up to 22% of their earnings as part of the settlement of the House v. NCAA antitrust action. The first day of this revenue-sharing arrangement is July 1.

According to IU Athletics, the budget has been increased by $20.5 million in preparation for revenue sharing. It was decided to terminate 25 posts after looking for methods to reduce expenses in anticipation of this “new world of intercollegiate athletics.”

In an email to employees, Indiana University’s vice president and director of intercollegiate athletics, Scott Dolson, stated that the department had been getting ready for revenue sharing “for some time” and held meetings in August to reduce spending. During follow-up meetings, the “difficult decision” to remove the posts was made.

“These changes are very difficult because they affect people who have played a significant role in who we are and what we have achieved, but I am sure that this is in our department’s best long-term interest in this new environment,” Dolson stated.

The layoffs were “an attempt to best position our student-athletes, programs, and department for success in a new world of intercollegiate athletics,” according to a statement released by IU Athletics.

 

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