Pac-12 Ready to Secure a Billion Dollars' Worth of Loans if Football Season is Canceled

The Big Lead ^ | August 5, 3030 | Stephen Douglas

[C19fan]

The Pac-12 is planning a loan program that would allow each of the conference's member schools to receive up to $83 million. The loans, which could total nearly a billion dollars, would be available in the event that the college football season is canceled. Here's what an anonymous source told the Mercury News:

[C19fan]

The gravy train for $4+ MM coaches, coaching staff, support staff and administrators needs to keep going.

[Jim Noble]

The gravy train for $4+ MM coaches, coaching staff, support staff and administrators needs to keep going

It's over.

[freedumb2003]

Just say No.

Colleges do NOT need sports programs.

But colleges do not need liberal professors who teach that mathematics is a cultural construct either.

[BenLurkin]

It’s obscene.

[Theoria]

Government football, wonderful.

[SkyPilot]

To heck with all of them.

[KarlInOhio]

Are they putting up Oregon State as collateral? If they default will it be down to the Pac 11?

[cherry]

Washington State has lots of financial problems too....

I really think football will be dropped at a ton of colleges due to the fact that it is so costly....

we'll be down to 20 colleges with competitive teams....should be fun....NOT!

[Richard Kimball]

If they cancel the season, on the plus side, the PAC12 will still have the same chance as they usually do to get a team in the playoffs.

[Lockbox]

What about the cancellation of shoe contracts?

[Red Badger]

Nice work if you can get it!.......................

[TheBattman]

How about.... NO. They rake in $million each year - they can weather a season without football.

[Rebelbase]

I miss the good old days of college ball.

[Paladin2]

Cancel Football.

Cancel Brick and Mortar Higher Edumacation where the faculty no longer teaches in person.

[Ouchthatonehurt]

I guess hockey will be all that’s left worth watching.

[shanover]

Sports is DEAD. I am one of the holdouts and I now have zero care for it all. I feel bad for kids who are getting screwed.

[Vendome]

I thought football was a social experiment....They need money for programs they cancelled?

[texteacher]

I don’t suppose these colleges have foundations to dip into for needed cash. s/

[EEGator]

I love my Mama! Now you know that...

The good old SCLSU Mud Dogs

[Rebelbase]

Don't forget the Captain Insano Power Bomb.