Stanford announced Wednesday that it is dropping 11 sports amid financial difficulties caused by the coronavirus pandemic.
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. Stanford also is eliminating 20 support staff positions.
Numerous schools have cut athletic programs in recent weeks as the pandemic shut down campuses. Stanford is believed to be the first Power Five school to eliminate any sports programs.
Stanford projected a deficit of more than $25 million in the 2021 fiscal year and a shortfall of nearly $70 million over the next three years due to the pandemic. The school estimated the cost of sustaining the 11 sports permanently would exceed $200 million.
Santiago Leon is the Founder and CEO of the Sports Cast. He covers almost every sport: NFL, NBA, and world soccer. He’s also founder of sleon productions, which he specializes in technology and serves clients with solutions to make their business grow.