The Athletic Department signed for the CMS debt, but if football is dropped, the Athletic Department will lose its cash cow. Besides cutting most of teh AD staff, the only sports remaining will be those that the campus wants to fund out of General Revenues. The AD will not be able to pay b…
The Athletic Department signed for the CMS debt, but if football is dropped, the Athletic Department will lose its cash cow. Besides cutting most of teh AD staff, the only sports remaining will be those that the campus wants to fund out of General Revenues. The AD will not be able to pay bond debt without football; if the campus eliminates all varsity sports, teh AD will cease to exist. The Regents will have no choice but assume the bonds, using some CaliMoney from UCLA. Cutting education money to the campus is a non-starter, as that will hurt the low income and first gen the most.
right, and that is my point. Let's play this out.
The Athletic Department signed for the CMS debt, but if football is dropped, the Athletic Department will lose its cash cow. Besides cutting most of teh AD staff, the only sports remaining will be those that the campus wants to fund out of General Revenues. The AD will not be able to pay bond debt without football; if the campus eliminates all varsity sports, teh AD will cease to exist. The Regents will have no choice but assume the bonds, using some CaliMoney from UCLA. Cutting education money to the campus is a non-starter, as that will hurt the low income and first gen the most.