[PalmTree]

...is Losing all his Hair....and shirt, apparently, with a $140M operating deficit last year.  It seems unlikely support from the the system will be sufficient to bail them out so Cal administration is looking at layoffs and possible cuts to athletics to help stabilize their finances.  In re the latter, as the article points out, the last big athletics cut attempted was the baseball team, which alums rallied to save by fundraising sufficient $. 

http://www.sfgate.com/education/article/...819196.php

[PalmTree]

...is Losing all his Hair....and shirt, apparently, with a $140M operating deficit last year.  It seems unlikely support from the the system will be sufficient to bail them out so Cal administration is looking at layoffs and possible cuts to athletics to help stabilize their finances.  In re the latter, as the article points out, the last big athletics cut attempted was the baseball team, which alums rallied to save by fundraising sufficient $. 

http://www.sfgate.com/education/article/...819196.php