Colorado Buffaloes face financial challenges despite large alumni base

The Colorado Buffaloes are dealing with significant financial issues, as stated by athletic director Fernando Lovo on August 16, 2026. Despite a large alumni network of over 380,000, only about 8,000 are active supporters through the Buff Club. Lovo aims to boost this number to at least 10,000 to enhance competitive fundraising efforts amidst a projected $27 million deficit. Although the department reports $161.7 million in revenue for fiscal 2025 and raised $28 million in 2023, increasing donor participation from alumni is crucial for sustainability. Lovo emphasizes transparency in fundraising efforts to build trust and encourage contributions from former students.

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