Virginia Tech's athletic department will implement pay reductions and other measures to adjust its budget to the impact of COVID-19 on revenue.
Virginia Tech's board of visitors recenlty approved its 2020-21 operating budget, which included a $60 million shortfall in its auxiliary budget.
Virginia Tech President Tim Sands (center) listens while Ken Miller, vice president for finance (far left), explains updates to the university…
Virginia Tech has lost upwards of $60 million since the onset of the coronavirus pandemic, mostly due to losses in dining and housing revenue.
Virginia Tech athletic director Whit Babcock announced a series of cost-saving measures on Thursday, Dec. 4, 2020.