Wisconsin to Cover $20M Athletics Shortfall with Interest-Free Loan

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The University of Wisconsin athletic department borrowed $20 million from the school, with repayment scheduled over six years.

As reported by the Wisconsin State Journal, the interest-free loan will be added to the revenue column in athletic department filings made to the NCAA for the COVID-ravaged 2020-21 fiscal year, according to athletics CFO Adam Barnes, and will result in a surplus of around $68,000 appearing in records.

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