Sources: No College Football Season in 2020

UPDATE: The Big Ten has voted to cancel the college football season. The Detroit Free Press reports that the Big Ten is trying to coordinate its announcement with other conferences.

The closure of the University of Alabama cost the city of Tuscaloosa an average of $600,000 a week. If the college football season doesn’t happen, the city estimates it will lose $175.5 million. That’s going to mean a significant hit to the city coffers. Mayor Walt Maddox says they’ve been fortunate to accumulate $42 million in the city’s reserve fund, but it won’t cover losses due to college football.

In the College Station area, businesses estimate 20% of their annual revenue comesfrom activities related to Texas A&M.

That’s just two cities. Throughout the country, experts say it will add up to a $4 billion dollar loss.

It’s looking more likely there won’t be CFB this year.

“A cancellation of the 2020 college football season this fall is unavoidable after the MAC canceled its season earlier in the day, two prominent Power Five athletic directors told CBS Sports” — CBS Sports