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Oski 88's avatar

He mentioned Cal and Arizona who were going to have revenue problems. Not Cal and Arizona were the ones who were blocking. Those are two different things.

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John Canzano's avatar

I think Arizona and UCLA had the biggest gripe about the NCAA Tournament units the basketball teams earned.

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Ed's avatar

It's highly possible that those were the two holdputs though. There's enough evidence that both are having major financial problems that are on going.

Arizona has the "surprise" $240 million budget shortfall and their CFO just resigned. They also account for significant NCAA tournament appearances.

And Cal is the one of the most if not the most indebted athletics department in the entire country, with a debt load of $445 million that requires a yearly $18 million interest only payment. They are also approaching a major financial fall off with only 30% share of the ACC media rights payment for the first 7 years.

I think there's ample evidence that it's most likely they were the holdouts.

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