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Hogs' AD Yurachek: Deficit to close fiscal year

The University of Arkansas stands to lose potentially millions of dollars related to athletic event cancellations prompted by the coronavirus, Athletic Director Hunter Yurachek told UA System trustees Wednesday.

At the same time, the university plans to refund its season-ticket holders for the spring sports events have been cancelled, a cost of $1.75 million.

Yurachek won't know for a few weeks just how much revenue will be lost from diminished Southeastern Conference distributions, he said, but right now schools are looking at losing $2 million to $3 million each.

Prior to cancellations, Yurachek expected about $45 million from the SEC.