By CougFanCom: Washington State on Friday released its plan to balance the Athletics budget by 2023, with the school aiming to build its financial reserves and eventually retire long-term debt of more than $100 million. Washington State also restated its commitment to remain in the Pac-12 conference.
The budget plan calls for $35.6 million in external financing to be issued as general university bonds to help cover revenue losses related to the COVID-19 pandemic. The bonds would be repaid with future Pac-12 media and bowl revenue distributions.
247Sports
—More from News Feed—
- Utah transfer OL Koli Faaiu sets up trip to visit Washington
- Field Yates explains ranking Oregon’s Bo Nix over UW’s Michael Penix Jr.
- Arizona State QB Jaden Rashada plans to enter NCAA transfer portal
- Three from SuperWest among CFB’s top coaches without a national championship
- NFL reinstates five players suspended in 2023 for league gambling violations
- BYU men’s hoops transfer center Aly Khalifa commits to Louisville
- Jones mock NFL Draft: Former Husky Michael Penix Jr. will rise into Top 10
- Joel Klatt: Ex-Duck Troy Franklin can be a No. 1 wide receiver in the NFL
- Washington, Ole Miss to host Louisville transfer RB Peny Boone
- UCLA men’s hoops holds No. 1 spot in early 2024 transfer portal rankings
- Dodd: CFB transfer portal chaos leading to less focus on educational values
- UCLA Bruins defensive lineman Jay Toia plans to enter NCAA Transfer Portal
- Staples: Oregon among CFB programs that “need” to win a national title soon
- Cal, Stanford finalists for 4-star guard, son of NBA legend Scottie Pippen
- Cal’s lineup nearly set as the close of spring football nears
Latest posts by News Feed (see all)
- Utah transfer OL Koli Faaiu sets up trip to visit Washington - April 18, 2024
- Field Yates explains ranking Oregon’s Bo Nix over UW’s Michael Penix Jr. - April 18, 2024
- Arizona State QB Jaden Rashada plans to enter NCAA transfer portal - April 18, 2024