Already the highest debt of any sports org, Cal’s financing runs through 2112 and the annual interest on their junk bond is expected to balloon to be 83 million a year.

ASU ominously is not far behind. The pac12 split is starting to look like USC, UCLA, Washington and Oregon trying not to go down from their profligate partners.

I hope in our Big 12 contracts we excluded debt guaranties or joint venture liability with these teams.

I wonder if fiscal responsibility was even considered when adding Cal to the ACC, they may not be able to afford athletics much longer.