BIRMINGHAM, AL (WAFF) - While University of Alabama-Birmingham officials said Tuesday that cutting football and two other athletic programs well help the college financially, the decision to drop the pigskin does not come without a price.
According to ESPN, that price is in the $2-million-plus range.
UAB must pay penalties for canceling already-scheduled games with Tennessee, Kentucky, Troy, Georgia State, and South Alabama, according to the ESPN report.
The penalties work out as follows:
- Tennessee - $925,000
- Kentucky - $500,000
- Troy - $400,000
- Georgia State - $300,000
- South Alabama - $300,000
UAB said, through a letter from President Ray Watts, that it subsidizes $20 million of the athletic department's $30 million average budget per year.
That figure puts it ranked fifth in Conference USA. UAB's future membership in the conference remains unclear at this juncture. CUSA bylaws state that members are required to sponsor football.