Source: BroBible
Summary
UC Davis has defended its decision to cut the highly successful Division-I equestrian program due to financial concerns. A third-party review raised questions about the accuracy of the university’s financial audit, which was used to justify the cut. However, a secondary audit conducted by the university confirmed the original numbers, and the program will remain cut. The university claims the audit was accurate, but critics argue that the numbers were overstated. The program has been moved to the club level.
Our Reading
The habit gets a new name.
UC Davis’s equestrian program was cut to save money, but the numbers didn’t quite add up. The university claimed it needed to make a 10% cut to the athletic department’s budget, but an external audit found that the program’s expenses were overstated by over $850,000. The university stands by its original numbers, but it’s hard not to wonder if the decision was more about convenience than actual financial necessity. The lifestyle of being a Division-I athlete is now a luxury only available to those who can afford it.
Author: Evan Null
