(07-19-2020, 03:32 PM)akiddoc Wrote:(07-19-2020, 11:31 AM)cardcrimson Wrote: Pac-12 players, led by some at Cal, are threatening to boycott the football season. Why? Sure, they want more Covid testing, but they're also demanding a 50/50 revenue share and 6 years of health insurance after they're done playing football.
https://247sports.com/Article/Pac-12-pla...149309979/
50% revenue share is a non-starter.
A percentage of profit sharing maybe, but it wouldn't be 50%, because that money funds the entire AD at most schools. I don't think the football program at Cal runs a profit, and it definitely won't once they start paying interest on that stadium loan.
The football program does operate at a profit (similar to all other Power Five schools). It would be hard not to considering the TV revenue. However, the overall program runs at a deficit.
One other note: The Athletic Dept. is no longer on the hook for all of the infrastructure improvements. The campus General Fund is now responsible for almost all of the payments.
