Iowa athletic department plans to take out $75 million loan; no further sports expected to be cut

Published: Aug. 25, 2020 at 12:28 AM CDT
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DAVENPORT, Iowa (KWQC) - The Iowa athletic department expects $100 million of lost revenue without football being played this fall. As a result, four sports have been cut. Athletic Director Gary Barta says the athletic department plans to take out a $75 million loan to maintain Iowa’s twenty four athletic programs throughout the 2020-2021 academic year. Following the conclusion of the current academic year, Iowa will cut four sports programs: Men’s and women’s swimming and diving, men’s gymnastics, and men’s tennis.

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