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Pac-12 Ready to Secure a Billion Dollars' Worth of Loans if Football Season is Canceled
The Big Lead ^
| August 5, 3030
| Stephen Douglas
Posted on 08/05/2020 1:08:03 PM PDT by 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:
(Excerpt) Read more at msn.com ...
TOPICS: Health/Medicine; Sports
KEYWORDS: college; covid19; football
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The gravy train for $4+ MM coaches, coaching staff, support staff and administrators needs to keep going.
1
posted on
08/05/2020 1:08:03 PM PDT
by
C19fan
To: C19fan
The gravy train for $4+ MM coaches, coaching staff, support staff and administrators needs to keep goingIt's over.
2
posted on
08/05/2020 1:09:21 PM PDT
by
Jim Noble
(Think like youÂ’re right, listen like youÂ’re wrong)
To: C19fan
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.
3
posted on
08/05/2020 1:09:26 PM PDT
by
freedumb2003
("Do not mistake activity for achievement." - John Wooden)
To: C19fan
4
posted on
08/05/2020 1:09:49 PM PDT
by
BenLurkin
(The above is not a statement of fact. It is either opinion or satire. Or both.)
To: C19fan
Government football, wonderful.
5
posted on
08/05/2020 1:11:40 PM PDT
by
Theoria
(I should never have surrendered. I should have fought until I was the last man alive)
To: C19fan
To heck with all of them.
6
posted on
08/05/2020 1:11:52 PM PDT
by
SkyPilot
("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
To: C19fan
Are they putting up Oregon State as collateral? If they default will it be down to the Pac 11?
7
posted on
08/05/2020 1:13:56 PM PDT
by
KarlInOhio
(In 2016 Obama ended America's 220 year tradition of peaceful transfer of power after az><n election.)
To: KarlInOhio
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!
8
posted on
08/05/2020 1:17:44 PM PDT
by
cherry
To: cherry
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.
To: C19fan
What about the cancellation of shoe contracts?
10
posted on
08/05/2020 1:20:36 PM PDT
by
Lockbox
To: C19fan
Nice work if you can get it!.......................
11
posted on
08/05/2020 1:20:39 PM PDT
by
Red Badger
(To a liberal, 9-11 was 'illegal fireworks activity'...........................)
To: C19fan
How about.... NO. They rake in $million each year - they can weather a season without football.
12
posted on
08/05/2020 1:24:06 PM PDT
by
TheBattman
(Democrats-Progressives-Marxists-Socialists - redundant labels.)
To: SkyPilot
I miss the good old days of college ball.
To: C19fan
Cancel Football.
Cancel Brick and Mortar Higher Edumacation where the faculty no longer teaches in person.
14
posted on
08/05/2020 1:33:40 PM PDT
by
Paladin2
To: C19fan
I guess hockey will be all thats left worth watching.
To: C19fan
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.
16
posted on
08/05/2020 1:48:58 PM PDT
by
shanover
(...To disarm the people is the best and most effectual way to enslave them.-S.Adams)
To: C19fan
I thought football was a social experiment....They need money for programs they cancelled?
17
posted on
08/05/2020 1:52:54 PM PDT
by
Vendome
(I've Gotta Be Me https://youtu.be/wH-pk2vZG2M)
To: C19fan
I don’t suppose these colleges have foundations to dip into for needed cash. s/
To: Rebelbase
I love my Mama! Now you know that...
The good old SCLSU Mud Dogs
19
posted on
08/05/2020 2:07:43 PM PDT
by
EEGator
To: EEGator
Don't forget the Captain Insano Power Bomb.
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