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Volume 24 No. 117
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Cal Athletics Hiring Consultant To Work Out Budget Issues

An RFP shows that Cal plans to hire an outside consulting firm to assess the athletic department’s budget situation and "develop recommendations for a long-term sustainability model given the stadium debt service and the ever-escalating costs of intercollegiate athletics.” The deadline for agencies to submit bids "was last week." This step "came at the recommendation" of Cal's Task Force on Intercollegiate Athletics. The RFP shows that Cal athletics is "projected to have an operating loss" of $16M for FY '17 (MERCURYNEWS.com, 9/22).