With seven teams officially gone, the athletic department needs to carry out a realistic and conservative approach. By now, anyone who has ever had any affiliation with this university has heard about the athletic department’s budget debacle. The department found itself buried in a monstrous debt and sought to balance it by eliminating eight teams — seven of which were officially cut this weekend. Let’s recap to how we got here. Long story short, university President Wallace Loh charged a work group, called the President’s Commission on Intercollegiate Athletics, to examine the department’s budget, which had appeared balanced for several years. However, that was only because the department regularly tapped into reserves — which had been completely depleted. The department faced an $83 million debt and a projected deficit of about $4.7 million in fiscal year 2011.
http://www.diamondbackonline.com/opinion/after-cuts-time-for-reform-1.2879842
