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The economic cost of cancelation of college sports will be felt throughout Division I. The amount of money that the Miami Hurricanes athletic department will lose is going to be prohibitive.
The cancelation of the NCAA Tournament is going to bring the total amount of money dispersed to NCAA Division I schools from about $600 million to $225 million as announced by the NCAA on Thursday. Although the Miami Hurricanes are a Power Five school the impact felt in Coral Gables is greater than most schools in the ACC.
The Miami Hurricanes and Duke are the only private schools in the ACC Coastal Division.