Ohio State is in the process of evaluating a possible $50 million loss in revenue from playing a season without fans in the nation’s sixth-largest college football stadium. Buckeyes’ Athletic Director Gene Smith put that possibility in perspective at the end of a Friday morning conference call with the media. He said the net losses from playing a single game without fans would be $5 million to $7 million. That would suggest a loss that could approach $50 million for one of the country’s richest athletic departments. Ohio State has played seven regular-season home games since 2005. “If you don’t have a season, just do the math on that,” Smith said “Seven home games. That’s why seven home games have always been important to us.” That projection does not include any loss in TV revenue. If there were no fans that hit would include the loss of ticket revenue, parking…
Continue Reading: Ohio State AD Gene Smith has 50 million reasons to not want games without fans, but player safety is at top
