Author: O'Brien, Timothy
Title: Understand potential legal implications of pandemic's economic impact on athletics Cord-id: fycmvkkq Document date: 2020_5_12
ID: fycmvkkq
Snippet: The numerous public health measures that were implemented as a result of the COVIDâ€19 pandemic and the subsequent impact on the nation's economy have created a new world of emergency planning at every educational institution and within every athletics department. Between the money that had to be returned for room and board and/or tuition reimbursements; the decline in or disappearance of digital rights payments, ticket sales, donations, and corporate sponsorships; the cancellation of March Mad
Document: The numerous public health measures that were implemented as a result of the COVIDâ€19 pandemic and the subsequent impact on the nation's economy have created a new world of emergency planning at every educational institution and within every athletics department. Between the money that had to be returned for room and board and/or tuition reimbursements; the decline in or disappearance of digital rights payments, ticket sales, donations, and corporate sponsorships; the cancellation of March Madness, and the loss of many other revenue streams, the economic viseâ€grip created by COVIDâ€19 tightened quickly and dramatically. Within the public sector, a future reduction in legislative appropriations in various states for higher education is likewise being discussed.
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