Michigan State’s athletic department budget continues to remain significantly in the red for the second straight year, predominantly due to the lack of fans in the stands a year ago. The school’s athletic department suffered a $15.4 million shortfall during the pandemic-disrupted 2020-21 fiscal year, according to documents provided to USA Today via the Freedom of Information Act. Documents show MSU cut $43.5 million in expenses last year and spent just under $105 million over the period that began on July 1, 2020, and ended on June 30, 2021.
