The widespread sexual assault scandal involving Baylor’s football program has cost the university more than $76 million, according to estimates released by a private firm.
Bears for Leadership reform commissioned HSSK, a professional services firm, to estimate expenses and lose revenue due to the scandal. They projected potential losses of more than $200 million down the line.
“It is my estimation that the financial impact of the sexual assault crisis at Baylor could be as much or more than $223 million consisting of $121.7 million in costs and $101.3 million in lost revenues through 2019,” HSSK managing director Jared Jordan wrote, according to KWTX TV.