Buyouts lead to budget deficit for Tennessee athletics - PATRICK BROWN 4 hours ago, 24/7 Sports

Tennessee's athletic department operated with a $6.5 million deficit in the 2017-18 fiscal year in large part due to buyouts for former employees, according to figures reported by the Knoxville News Sentinel on Thursday. The firing of former Vols football coach Butch Jones and his staff plus former athletic director John Currie and the $13.8 million in severance payments caused Tennessee to go from a $10.8 million surplus in the 2016-17 fiscal year, according to the report from Blake Toppmeyer of the KNS. Tennessee's athletic department had an operating revenue of $143.5 million and with expenses totaling $150 million, according to the report. https://247sports.com/college/tennessee/Article/Tennessee-Vols-football-coach-buyout-Butch-Jones-budget-deficit-128262317/