"We have to cut $7 million over the next two and a half years," Stanford athletic director Bob Bowlsby said. "It's not an insignificant amount when you consider salaries and scholarships are a pretty set amount. It's substantial."
Across the country, Stanford isn't alone in its financial difficulties. Many athletic departments are struggling to balance their financial books after receiving less funding from state legislatures and fewer donations from alumni and boosters.
BTW, Stanford's Bob Bowlsby was the AD at UNI when The Cap'n and D1B played. Very good AD and person. Cute wife, too.
