Iowa State coaches taking pay cut amid revenue shortfall

Iowa State coaches and other athletic department staff members are getting pay cuts for one year to help offset lost revenue from the coronavirus pandemic.

Athletic director Jaime Pollard wrote on the Cyclones' website that his department faces a $5 million shortfall this year because of the cancellation of the NCAA and Big 12 men's basketball tournaments.

The payroll cut will save more than $3 million. There also will be a temporary suspension of bonuses for coaches totaling another $1 million.

Previously announced increases in Cyclone Club annual giving levels have been delayed, prices for season and individual game ticket prices have been frozen for all sports and the deadline for booster club donations and football season ticket renewals has been extended to May 29.