Cal added a 240 million dollars to the endowment through light the way on its way to supposedly a 400 million dollar endowment for athletics. You can hope that brings in somewhere around 20 million per year. I heard that the deal was 5 years with no TV contract, then 2 years increasing (33%, 66%) then 100% to 2036. So the last 6 years wi…
Cal added a 240 million dollars to the endowment through light the way on its way to supposedly a 400 million dollar endowment for athletics. You can hope that brings in somewhere around 20 million per year. I heard that the deal was 5 years with no TV contract, then 2 years increasing (33%, 66%) then 100% to 2036. So the last 6 years will be full pay at about 50 million per year by then, if ESPN is not bankrupt.
Cal added a 240 million dollars to the endowment through light the way on its way to supposedly a 400 million dollar endowment for athletics. You can hope that brings in somewhere around 20 million per year. I heard that the deal was 5 years with no TV contract, then 2 years increasing (33%, 66%) then 100% to 2036. So the last 6 years will be full pay at about 50 million per year by then, if ESPN is not bankrupt.
What contract are you referring to?