According to a report from the AP, the school is in the middle of attempting to coordinate a new budget for the upcoming budget year, which begins next week. The school’s Board of Trustees could not come up with a final budget at a Wednesday meeting, but it appears basketball is safe for the time being.
Instead of getting rid of the basketball program, the school will figure out other ways to address the budget, including raising tuition for both in-state and out-of-state students. The University also recently received a $6 million loan from the state of South Carolina, according to the report.
Had South Carolina State opted to get rid of basketball, they would have owed $730,000 in fees to the NCAA and it also would have meant probation, the school’s interim athletics director told the AP.
No comments:
Post a Comment