[Farm93]

I wonder how many schools will permanently drop football. Cal is in a of immense proportions hole financially so if so then they retire owning The Axe.

For UCB I really wonder if the Regents will keep paying that debt for the UC AD.   How binding was their commitment on that front?   I would think the UC will have far greater needs for their funds and access to loans, especially since the State of California will be unable to help too much with emergency funds.

I would guess most of those that have loaned money to the UCB AD will work with them on restructuring terms, the UCB AD has access to enough revenue in more stable times that terms for restructured debt should be possible.

Can the AD declare bankruptcy and reorganize the loan?

BC

I guess we will find out, not necessarily with UCB as I would guess the UC's endowment would allow UCB or the UCB AD to find a way to secure access to funds.

However I would guess at the D1 level there will also be some ADs that will not have the financial resources to get to 2021-2022.   There are a number of schools that took out very big loans to pay for very fancy infrastructure projects in the last 10 years.  

Ordinarily all should be OK as the school, or the state would give money or favorable loans, but these are not ordinary times.

The Stanford AD is not exactly sitting pretty either, but with less debt and more assets the AD should be OK as long as donor support remains strong.

[Farm93]

I wonder how many schools will permanently drop football. Cal is in a of immense proportions hole financially so if so then they retire owning The Axe.

For UCB I really wonder if the Regents will keep paying that debt for the UC AD.   How binding was their commitment on that front?   I would think the UC will have far greater needs for their funds and access to loans, especially since the State of California will be unable to help too much with emergency funds.

I would guess most of those that have loaned money to the UCB AD will work with them on restructuring terms, the UCB AD has access to enough revenue in more stable times that terms for restructured debt should be possible.

Can the AD declare bankruptcy and reorganize the loan?

BC

I guess we will find out, not necessarily with UCB as I would guess the UC's endowment would allow UCB or the UCB AD to find a way to secure access to funds.

However I would guess at the D1 level there will also be some ADs that will not have the financial resources to get to 2021-2022.   There are a number of schools that took out very big loans to pay for very fancy infrastructure projects in the last 10 years.  

Ordinarily all should be OK as the school, or the state would give money or favorable loans, but these are not ordinary times.

The Stanford AD is not exactly sitting pretty either, but with less debt and more assets the AD should be OK as long as donor support remains strong.