Given a yearly full cost of attendance price tag in the neighborhood of $75,000, a lot of Stanford students receive financial aid. Of the 121 medals the U.S. won, nearly 85% came from college-trained athletes. Stanford joins USC, Cal, and UCLA as part of the Pac-12’s Olympic sports juggernaut. Studies say if the Power Five conferences all scrub football , it could lead to $4 billion in losses, or an average of $62 million per school. © 2004-2020 CBS Interactive. University president Marc Tessier-Lavigne, provost Persis Drell and athletic director Bernard Muir signed the letter which detailed the "heartbreaking news. Experts pose the intriguing question as influenza cases nosedive by 98% across the globe, Rapper Offset is dragged from his car and handcuffed and wife Cardi B's cousin is arrested for 'possessing a loaded gun' after cops surrounded them at a Trump rally in Beverly Hills, Trump celebrates the declining COVID death rate, rips the 'fake news' for focusing on cases and says we are 'rounding the turn' because young people 'like Barron' have 'beautiful immune systems', Top British general accuses Prince Harry of turning his back on the Royal Marines after stepping down from ceremonial role as part of Megxit deal, Parents of stock broker, 29, who 'murdered his ex-girlfriend deleted text messages from their son saying he confessed to slaying', 'I ran because of you, Joe': Trump thanks Ohio for 'firing' the 'depraved' Democrats from the White House in 2016 and brushes off polls showing him trailing because of 'hidden' votes still out there, 'God was right behind our president!' Men’s gymnastics, which survived the cut at Stanford, has fewer than 20 Division I programs. section: | slug: stanford-cuts-11-varsity-sports-from-athletics-department-due-to-limited-financial-resources | sport: other | route: | Breonna Taylor case: Kentucky AG files motion to keep grand jury files secret. © 2020 ABG-SI LLC. That isn’t going to be altered to save the rowing team. 6-keys: media/spln/other/reg/free/stories, at Stanford is making significant cuts within its athletic department, dropping 11 of the 36 varsity sports it offers. Just wow. The Stanford development tells you where we’re going if the current trends continue—toward the economic obliteration of college sports as we know them. The school will discontinue men’s and women’s fencing, field hockey, lightweight rowing, men’s rowing, co-ed and women’s sailing, squash, synchronized swimming, men’s volleyball and wrestling after the 2020-21 academic year. Schmelter/Chattanooga Times Free Press via AP, File), Connect with the definitive source for global and local news. But in human terms, 240 students and 22 coaches just had their lives turned upside down. The Stanford athletes have one season left, assuming any of their sports actually take place this school year. If Stanford feels it has to make significant cuts, imagine what less endowed schools are thinking (and will think). As much as Stanford likes winning sports championships, it is hardwired to produce rocket scientists, tech wizards, lawyers and titans of industry. These four schools — by themselves — would represent one of the most successful Olympic “nations” in the history of the modern games dating back to 1896 in Athens. After impacts from COVID were factored in, the deficit would grow to $25 million. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy, paused voluntary workouts for seven programs, Ivy League announced that it will play no varsity sports, dropping 11 varsity programs after the 2020–21 season ends. The 11 sports being cut: men’s and women’s fencing, field hockey, lightweight rowing, men’s rowing, co-ed and women’s sailing, squash, synchronized swimming, wrestling, and — most eye-popping of all — men’s volleyball. The university also will pay severance to the 20 support staff employees who will lose their jobs amid the cutbacks. Connect with friends faster than ever with the new Facebook app. But a huge athlete population is part of the magic vibe on a campus where 12% of the undergraduate student body played a varsity sport, most of them while tackling some of the most challenging course loads in the country. ADVERTISEMENT. If it comes to that, we can all settle in for an autumn of self loathing. ", "In order to have an effective season without hiccups, time is the answer," another Ivy League coach said, per the report. But if Wednesday is any indication, the entire college enterprise is hurtling toward a very bad fall after a very bad spring.

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