latest installment of Knowlton Nothing NotesShocky1 said:Shocky1 said:
https://instagr.am/p/C55P-dPOMtN
nerdy napkin math:
$15,000,000-fy23/24 covert loan by the athletic department from the central campus discovered by shocky's relentless public information requests & threats of legal action against delaney heller
plus
$19,000,000-fy 24/25 reduction in media rights revenues from pac 12 to acc
plus
$6,500,000-cal share of pac 2 settlement payment to oregon state/washington state
plus
$15,000,000-increased acc travel cost
equals
$55,500,000 revenue shortfall
minus
$10,000,000- fy24/25 calimony
equals
$45,500,000-fy24/25 revenue shortfall with no financial plans by knowlton
bottom line: calimony is NOT the solution to the impending financial tsunami heading towards the cal athletic department
ponytails r triggering#
https://calbears.com/news/2024/5/29/athletics-news-knowltons-notes-a-season-of-celebration.aspx
there's ZERO financial information as usual, no fiscal impact of the recent acc vote to approve the fy25 $20,000,000 direct payments to athletes & no updates re: the financial fundraising for the con artist's proposed $140,000,000 multi purpose practice facility which is never evah gonna get built
no financial transparency or balanced budget in berkeley#