WRAL's Julian Grace has more on the news that the University of North Carolina at Chapel Hill will cut the pay for coaches and staff members and issue furloughs, too, in the wake of money lost due to the coronavirus pandemic.
UNC WILL FACE PAY CUTS AND FURLOUGHS FOR THE CALENDAR YEAR OF 2020 AND 2021. THANK YOU FOR JOINING US. I AM GERALD OWENS. >> AND I AM DEBRA MORGAN. WRAL'S JULIAN GRACE IS IN CHAPEL HILL WITH A LOOK AT WHAT IT WILL LOOK LIKE. >> Reporter: AS YOU KNOW, NO ONE IS IMMUNE TO THE IMPACT OF COVID-19. JUST ACROSS THE STREET FROM UNC THERE ARE THESE BUSINESSES. ALSO THE STUDENTS HAVE BEEN IMPACTED AND NOW WE ARE TALKING ABOUT THE COACHES. HERE ARE THE DETAILS PEER COACHES AND STAFF MEMBERS MAKING $200,000 OR MORE WILL HAVE THEIR SALARY REDUCED BY 20% AND THOSE MAKING 100,000 WILL HAVE IT REDUCED BY 10%. COACHES MAKING LESS THAN 100,000 WILL BE FURLOUGHED 15 DAYS. THEY SAY THIS DOES NOT COME AS A SURPRISE. >> THEY'RE GOING TO HAVE TO CHANGE THE MODEL OF HOW COLLEGE SPORTS WORKS AND THEY'VE ALREADY CUT 10% OF THEIR BUDGET FROM LAST YEAR. MACK BROWN MAKES $3.5 MILLION AND YOU MIGHT SAY IS MORE TO SPARE. >> Reporter: WE WILL TALK A LITTLE BIT ABOUT NUMBERS. THEY CAN LOSE BETWEEN 30 AND $50 MILLION AND WE ARE TALKING ABOUT REVENUE AND ALSO CONCESSIONS. COMING UP AT 10:00
