The NYTimes picks up on the budget cuts in college athletics.

Even the wealthiest universities are pinched. The Massachusetts Institute of Technology announced it was cutting eight teams — Alpine skiing, competitive pistol, golf, wrestling and men’s and women’s ice hockey and gymnastics — as a way to trim $1.5 million from its athletic budget.

Taken together, the cuts could deeply alter the college sports landscape. The gap will widen between the haves with television and sponsorship deals, and the have-nots that rely mostly on alumni and their universities for financing.

“One of the things we have to worry about is competitive equity,” said Myles Brand, the president of the N.C.A.A. “If some schools have too small a budget, it could affect their play, and that isn’t fair.”

The Title IX blog makes an interesting comment:

Some departments remain solvent, however, some so much so that they have been able to divert revenue back to the university. (Of course this idea of "back to the university" implies that athletic departments are separate entities; a problematic paradigm most of the time.)