Arizona President Says Quarter-Billion-Dollar Mistake Could Lead to Sport Cuts ...Middle East

By Riley Overend on SwimSwam The University of Arizona is considering cutting sports programs to deal with the school’s worsening financial crisis. Arizona president Robert Robbins told faculty on Monday that “draconian cuts” will be required to address a $240 million miscalculation by the university’s financial model. Arizona was supposed to have 156 days of cash on hand for this fiscal year, but the university ended up with just 97 days of cash on hand. Robbins claimed that the Wildcats’ athletic department has drained the university’s resources, noting a $55 million loan during the peak of the COVID-19 pandemic has not been paid back fast enough. About $40 million of that money was meant

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