A donor just posted on its Rivals board that Stanford's athletics endowment is now over a $1 Billion. If there's so much money available and there is no need for media rights revenue, why not buy into the Big Ten or go Independent? Why choose to give up money for the ACC? Makes not a lot of sense to me.
Anyway, the post made me wonder how big of an athletics endowment Cal has. Anyone here know? I'm aware of football scholarships being endowed, and maybe for some other sports and coaches, but anything that serves as a fund for the whole athletic department to tap into annually?
Anyway, the post made me wonder how big of an athletics endowment Cal has. Anyone here know? I'm aware of football scholarships being endowed, and maybe for some other sports and coaches, but anything that serves as a fund for the whole athletic department to tap into annually?
