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Stanford eliminates 11 varsity sports in the face of mounting deficit, pandemic impact

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Stanford eliminates 11 varsity sports in the face of mounting deficit, pandemic impact

Stanford, home to the most successful intercollegiate athletic program in the country, has eliminated 11 varsity teams because of coronavirus-related financial constraints.

“We now face the reality that significant change is needed to create fiscal stability for Stanford Athletics, and to provide the support we believe is essential for our student-athletes to excel,” athletic director Bernard Muir wrote in a letter to the campus community.

The athletic department’s deficit was projected “to exceed $12 million in FY21 and to grow steadily in the years ahead,” according to Muir — and that was before the impact of the pandemic.

The sports eliminated have won a total of 20 national championships.

Muir continued:

“As you may know, Stanford currently offers more varsity sports than nearly every other Division I university in the nation. Our goal is to provide excellent support and a world-class experience for our student-athletes in the sports that we offer. Over time, however, providing 36 varsity teams with the level of support that they deserve has become a serious and growing financial challenge.

“We now face the reality that significant change is needed to create fiscal stability for Stanford Athletics, and to provide the support we believe is essential for our student-athletes to excel.

“In that context, we are writing today with some extremely difficult news.

“In consultation with the Board of Trustees, we have made the decision to reduce the breadth of our athletics programs and staffing. Stanford will discontinue 11 of our varsity sports programs at the conclusion of the 2020-21 academic year: 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.

“All of these teams will have the opportunity to compete in their upcoming 2020-21 seasons, should the circumstances surrounding COVID-19 allow it, before they are discontinued at the varsity level. Regretfully, 20 of our support staff positions are being eliminated as part of this realignment.”

The teams will have the opportunity to transition to club status.

Stanford’s endowment was $28 billion as of last fall.

“Due to the escalating costs of operating such a large athletics department, a structural deficit emerged several years prior to the COVID-19 pandemic,” Muir explained.

“That deficit was projected to exceed $12 million in FY21 and to grow steadily in the years ahead. The COVID-19 pandemic and associated recession have only exacerbated the gap; before these sport reductions, our revised forecasts indicated a best-case scenario of a $25 million deficit in FY21, factoring in the effects of COVID-19, and a cumulative shortfall of nearly $70 million over the next three years. These projected deficits could become much greater if the 2020-21 sports seasons are suspended or altered due to COVID-19.”

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