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Colorado forecasts $27 million deficit after Deion Sanders pay raise, NIL payments

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Colorado forecasts  million deficit after Deion Sanders pay raise, NIL payments


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The University of Colorado’s athletic department is projecting that it will run a $27 million deficit during the current fiscal year ending in June 2026, in addition to needing $11.9 million in institutional support from the university and $2.2 million from student fees, according to budget figures obtained by USA TODAY Sports.

Those numbers are not final. The athletic department is hoping to bring that deficit down by the end of June with revenue from donations, sponsorships and concerts at Folsom Field. But it has never reported a deficit that big before, which could potentially leave the athletic department in need of more than $41 million in subsidies from the university, including the institutional support and student fees.

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It also comes at a critical time:

  • Athletic director Rick George announced recently he’s stepping down at the end of the fiscal year in June.
  • Colorado nearly doubled the pay of football coach Deion Sanders in March, giving him a new five-year contract worth more than $10 million annually. His team just finished 3-9 in 2025 as attendance started to wane after selling out his first season in 2023.
  • Like other major college sports programs, Colorado is committed to providing players with up to $20.5 million in annual benefits and direct payments under terms of the NCAA-House legal settlement. That cost is new this year, with the $20.5 million cap going up by 4% next year and the year after.

The latter two costs are the biggest reasons for the projected deficit — the $20.5 million for players and the $10 million per year for Sanders. Colorado previously told USA TODAY Sports in September it was “to be determined” how it would come up with the money to pay for those two big new costs.

Colorado says it won’t cut sports

The projected answer now is that it will run a deficit with the university as the potential backstop for funding.  Asked who would be paying for these expenses if not the university, spokesman Steve Hurlbert said, “The mechanics of that are still to be determined.”

The school said it will “not cut sports nor cut any resources for student-athletes” but will look to cut expenses.

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Hurlbert also stressed tuition money and state funds will not be used to address the deficit.

However, some observers who are familiar with Colorado’s budget expressed skepticism about that claim because money is fungible. The money the university provides to athletics also is discretionary.

“This notion that they’re spending resources that otherwise couldn’t be spent on putting more kids through college or funding cancer research is just absurd,” said Jack Kroll, a former member of the university’s Board of Regents. “There’s no truth to that whatsoever.”

‘The university will have to fill the gap’

The projected revenue for fiscal year 2026 is $136.7 million with $163.7 million in expenses. The biggest expense is football at $60.4 million. The department is still finalizing its numbers for fiscal year 2025, which ended in June 2025, but said it expects a “balanced” budget of $141 million in revenues and expenses for that year, including $24 million in institutional support revenue from the Boulder campus and the university’s president’s office.

Colorado isn’t the only school facing these challenges. In fiscal 2024, at least 33 athletic departments received at least $30 million in university support, including Colorado ($31.9 million), Houston ($38.4 million), Arizona State ($51.7 million) and South Florida ($63.7 million), according to public records collected by USA TODAY Sports in conjunction with the Knight-Newhouse College Athletics Database at Syracuse University.

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The House settlement added a potential new $20.5 million expense to their bills starting July 1, 2025.

At Colorado, last year the university projected a small but growing budget deficit for the campus starting in fiscal 2027. It even told faculty and staff to move forward by “being comfortable with being uncomfortable.” This has led to concerns about how football is paying for its big new expenses.

“With a lame-duck athletic director, a dismal football season, who-knows-what to happen with the (transfer) portal, donor fatigue, the distancing of football leadership from football alums — the prospects for making much of a dent in that deficit seem very slim,” said Roger Pielke, an emeritus professor at Colorado who previously taught sports governance in the CU athletics department. “That would mean that the university will have to fill the gap.”

Follow reporter Brent Schrotenboer @Schrotenboer. Email: bschrotenb@usatoday.com



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Telluride Ski Resort in Colorado to close Saturday due to labor dispute

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Telluride Ski Resort in Colorado to close Saturday due to labor dispute


FORT COLLINS, Colo. — Telluride, one of the best-known ski resorts in the Western U.S., plans to close in the coming days due to a labor dispute between its owner and the ski patrol union.

The Telluride Professional Ski Patrol Association voted Tuesday to strike Saturday after contract negotiations since June failed to yield an agreement on pay. With no more talks planned before the weekend, Telluride Ski Resort said it will not open that day.

“We are concerned that any organization, particularly one that exists to help people, would do something that will have such a devastating effect on our community,” owner Chuck Horning said Wednesday in a statement.

It was not immediately clear whether the closure will last longer. Resort officials were working on a plan to reopen even if the strike continues, according to the statement.

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The patrollers are seeking to be paid more in line with their counterparts at other resorts in the region.

The union wants starting pay to rise from $21 to $28 per hour, and for wages for patrollers with more than 30 years of experience to increase from $30-$36 per hour to $39-$48.60 per hour.

While resort officials sought to lay blame for the impending closure on the union, Andy Dennis, interim safety director and spokesperson for patrollers’ association, said it lies with Horning.

“He’s being a bully. This is what bullies do, take their toys and run,” Dennis said. “All he has to do is give us a fair contract, and this would all be over.”

Ski patrollers sometimes argue for more pay on the grounds that the cost of living is high in ski towns and they are responsible for people’s safety. Patrollers’ duties include attending to injured skiers and the controlled release of avalanches with explosives when nobody is in range.

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Even without a strike, Telluride has yet to get going fully this season, with unusually warm weather meaning just 20 of the resort’s 149 trails have been able to open.

Patrollers around the Rocky Mountain region have been voting on unionizing recently.

Last year an almost two-week strike closed many runs and caused long lift lines at Utah’s Park City Mountain Resort. That strike ended when Colorado-based Vail Resorts acceded to demands including a $2-an-hour base pay increase and raises for senior ski patrollers.



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Colorado-based coffee shop opening new West Michigan location soon

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Colorado-based coffee shop opening new West Michigan location soon


OTTAWA COUNTY, MI – A new coffee shop is planned for a Hudsonville neighborhood this month.

Ziggi’s Coffee is set to open a new location at 3830 32nd St., Suite 100, starting Dec. 30, just before locals pencil in their New Year’s Eve plans.

A Colorado-based chain, local franchisees operate locations across Michigan. There’s one in Zeeland, which opened in 2022, and another near Ann Arbor, which opened in 2024.

Each coffeehouse offers a wide range of coffee and other beverages, from cold brews and lattes to energy infusions and smoothies. Ziggi’s also offers sandwiches, breakfast items and pastries.

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For the new Hudsonville location, customers can expect the same offerings, right down to the decor.

The 1,500-square-foot space will mimic the franchise’s other spaces, complete with an urban industrial decor and a cozy rustic atmosphere.

The solid dark wood tables and padded vinyl seats set the tone for an in-house lunch, combined with pops of earthy tones and black-and-white photos for a retro touch.

As for the menu, the top orders across the company’s 100-plus locations are the dirty sodas.

The customizable beverage features a soda base, such as Mountain Dew or Coke, mixed with flavored syrups such as coconut milk, and toppings including gummy candies or cold foam.

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The seasonal feature is the “Sleighin’ Dirty” soda. It comes with Dr. Pepper mixed with a splash of eggnog and cinnamon syrup, finished with a sprinkle of nutmeg.

Prices start at $4.29 for a 20-ounce drink.

Another favorite is the “kidZone” for children too young for coffee or Ziggi’s Red Bull infusions. This part of the menu offers blenders, which are similar to milkshakes, along with fizzy drinks with customizable flavors.

The store hours for Hudsonville will be from 6 a.m. to 6 p.m. Monday through Friday, 7 a.m. to 6 p.m. on Saturday and 7 a.m. to 5 p.m. on Sunday.

Customers can sign up online for rewards to receive a free drink. To learn more, visit the coffeehouse’s Facebook page.

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Colorado mom accused of killing 2 kids, fleeing to UK arrives back in US to face murder charges: ‘Momentous day’

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Colorado mom accused of killing 2 kids, fleeing to UK arrives back in US to face murder charges: ‘Momentous day’


A Colorado mom who is accused of stabbing her two young children to death and then fleeing the country after trying to frame her ex-husband finally arrived back in the US on Tuesday — almost two years after she was arrested in the UK.

Colorado District Attorney Michael Allen announced Kimberlee Singler’s return to the US during a somber press conference Tuesday afternoon. The 36-year-old faces two counts of first-degree murder and life behind bars if convicted.

“It’s a momentous day today,” Allen said, adding that her return “marks the first step in the criminal justice process.”

Colorado mom Kimberlee Singler was extradited back to the US this week. COLORADO SPRINGS POLICE

Singler is accused of killing her 9-year-old daughter and 7-year-old son and slashing her 11-year-old daughter amidst a bitter custody battle with her ex-husband on Dec. 18, 2023.

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Her ex had recently been awarded more parenting time and his sister had been due to pick the three children up for the holidays two days before the slayings — but Singler refused to hand the kids over.

The husband’s lawyer then got a court order on Dec. 18, the day of the gruesome stabbings, for her to exchange the children two days later.

The mom called cops just after midnight on Dec. 19, claiming someone had burglarized the family’s Colorado Springs apartment. When police arrived, they said they found her two youngest children dead and her eldest injured.

Singler allegedly killed her daughter, 9-year-old Elianna “Ellie” Wentz. Law Office of Jennifer Darby, LLC

Singler then told police that her ex-husband “had previously dreamt about killing his family” and that he was “always trying to ‘frame her’ and ‘get her arrested’ and to have the kids taken away from her,” Judge John Zani at Westminster Magistrates’ Court said in his January ruling when he rejected the challenge to her extradition to face murder charges.

A warrant was issued for her arrest mere days after the slaying, but she’d fled the country by then.

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Singler’s extradition from the UK had repeatedly been stalled due to challenges ever since she was arrested in London on Dec. 30, 2023, less than two weeks after she allegedly killed her 9-year-old daughter and 7-year-old son.

She tried to argue that her extradition would violate the European human rights protections on the basis that a potential first-degree murder conviction would slap her with an automatic life-without-parole sentence, per Colorado law.

Singler is also accused of murdering her 7-year-old son Aden Wentz. Law Office of Jennifer Darby, LLC

An eleventh-hour appeal was rejected in November, clearing her long-awaited extradition.

Allen, meanwhile, reiterated the importance of granting her eldest daughter, now 13, and her distraught family the privacy they desperately need.

The sole survivor previously recounted the moment her disturbed mother led her and her siblings to their bedrooms while muttering that “God was telling her to do it or their father was going to take them away.”

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Singler faces seven first-degree charges for murder, attempted murder, and first-degree assault, Allen said.



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