Fishy
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- Joined
- Aug 24, 2011
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The goal of Cal State schools is to provide accessible, high-quality, affordable public higher education that prepares a diverse student body for the workforce and fosters social mobility. Most of the Cal States (other than SDSU) have a lot of commuters, part-timers and people that can't otherwise afford the more traditional college experience. 89% of Sacramento State students commute to school (but the school is considering implementing an on-campus requirement).
Imagine you're a kid in the Sacramento area attending Sacramento State and you get hit with a few thousand dollars in fees to pay for your crappy football team to play in a crappy FBS league. I'd be livid. If I wanted that experience (and cost) I'd go to community college for a couple years and transfer to a Cal school. This is a total fiduciary breach.
This is a school with literally no revenue. The guy said he had $50M in NIL ready to go....his total athletic donations are under $900,000 a year. His ticket sales are under $500,000 a year.
He loves announcing splashy partnerships like a $7.5M deal with a local tribe, but the fine print gets dicey....is $7.5M trading hands? Ehhh....it's valued at $7.5M, whatever that means.
The whole thing is an athletic Fyre Festivals.