SIU Athletics: $26 million in the hole

[The Sicatoka]

Not good news coming out of MVFC member Southern Illinois.

Seems they could use someone to make some tough calls to manage their finances. 

https://dailyegyptian.com/79417/sports/siu-athletics-running-on-cumulative-deficit-of-26-million/

[Hayduke]

They should drop women's hockey.  

[SWSiouxMN]

How does one go $26 million into the hole?

[The Sicatoka]

SIU did it over the course of 5 years. See link.

[SiouxVolley]

SIU borrowed $30 mill from SIU-E just to keep the doors open.  The directionals in Illinois, except SIU-E, are doing poorly.  The $26 million deficit athletic funding threatens the entire U.  Neighboring U’s in other states are seeing big increases in enrollment from Illinois kids as their tuition for out of state is almost equivalent to the directional Illinois in state tuition.  I’ll St, U Ill, IllChicago, and SIUE seem to be the only Illinois U’s that have not had major cutbacks, so parents feel confident that they won’t close before their child graduates.