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SIU president warns trustees college athletics face structural financial challenges after recent federal settlement
Summary
President Mahoney told the Southern Illinois University Board of Trustees that recent federal settlement changes and evolving NIL/roster rules have increased costs and legal risk for college athletics, urging strategic planning about what sports to support and how to allocate resources.
President Mahoney delivered a 45-minute briefing to the Southern Illinois University Board of Trustees on the history, governance and current financial pressures in college athletics.
Mahoney traced athletics governance from student-led origins through a weak early NCAA and to present-day shifts driven by Power 4 conferences. He presented financial data showing escalating average losses across conferences and divisions (examples cited included mean losses of roughly $14 million in Power conferences and higher averages in Group of 5 and FCS schools) and stressed that "the more you generate, the more you lose" in many athletics budgets.
He described recent federal developments (which he…
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