The Pac-12 is not quite halfway through its 12-year, $3 billion contract with ESPN and Fox.

But that money, in a sense, has already been spent. It has been spent on brick-and-mortar items like, well, brick and mortar.

An analysis of Pac-12 financial projections indicates the schools owe more than $100 million in debt service in fiscal year 2017 alone.

The vast majority of debt is funding massive infrastructure projects – stadiums and arenas, offices and training centers – designed to keep Pac-12 football and basketball teams competitive with those in peer conferences.

http://www.mercurynews.com/2017/05/24/co...res-folks/


It's not that bad. Only 10 schools turned info in, ASU didn't turn everything over.

The schools are overspending by a little, but nothing too drastic imho.

(05-24-2017 11:09 AM)murrdcu Wrote:  The Pac-12 is not quite halfway through its 12-year, $3 billion contract with ESPN and Fox.

But that money, in a sense, has already been spent. It has been spent on brick-and-mortar items like, well, brick and mortar.

An analysis of Pac-12 financial projections indicates the schools owe more than $100 million in debt service in fiscal year 2017 alone.

The vast majority of debt is funding massive infrastructure projects – stadiums and arenas, offices and training centers – designed to keep Pac-12 football and basketball teams competitive with those in peer conferences.

http://www.mercurynews.com/2017/05/24/co...res-folks/


It's not that bad. Only 10 schools turned info in, ASU didn't turn everything over.

The schools are overspending by a little, but nothing too drastic imho.

That's about 10 million per school. That's nothing.

(05-24-2017 11:26 AM)JRsec Wrote:  

(05-24-2017 11:09 AM)murrdcu Wrote:  The Pac-12 is not quite halfway through its 12-year, $3 billion contract with ESPN and Fox.

But that money, in a sense, has already been spent. It has been spent on brick-and-mortar items like, well, brick and mortar.

An analysis of Pac-12 financial projections indicates the schools owe more than $100 million in debt service in fiscal year 2017 alone.

The vast majority of debt is funding massive infrastructure projects – stadiums and arenas, offices and training centers – designed to keep Pac-12 football and basketball teams competitive with those in peer conferences.

http://www.mercurynews.com/2017/05/24/co...res-folks/


It's not that bad. Only 10 schools turned info in, ASU didn't turn everything over.

The schools are overspending by a little, but nothing too drastic imho.

That's about 10 million per school. That's nothing.

Yeah, Oregon was the highest at $19M, but the headline sounded worse than when I read through it. Since I already copy and pasted some of the story, I decided to post it anyway. Well, we have it for reference now.

JR,

How do I change the title? Meant to put 2017.

Thanks