Quote of the Week: 'The financial model... is not sustainable.'

"The financial model currently in place for athletics is not sustainable long-term."

—One of the conclusions from a UT Athletics Financial Update issued by the University of Tennessee on Monday, Aug. 27. The report detailed the athletic department’s loss of $3.98 million for the 2011-12 fiscal year. One of the reasons for the shortfall was “a significant expense related to payments to former coaches in the sports of football, baseball and men’s basketball as well as former directors of athletics.”

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