Colorado athletics recorded nearly $9.9 million deficit for 2023 fiscal year

By Brian Howell, BuffZone: Lower than expected distribution from the Pac-12 Conference and the cost of a coaching change in football contributed to the University of Colorado athletics department recording a deficit of nearly $9.9 million for the 2023 fiscal year.

CU also recorded record numbers for operating expenses and revenue and a dramatic increase in direct institutional support.

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