Tuesday, February 4, 2020

UCLA’s budget whammy: The Bruins are bleeding cash and require a bailout from campus - Jon Wilner, Mercury News

After decades of balancing the books, UCLA’s athletic department finds itself in a hole. And not just any hole — a hole so deep, it resembles the worst of times at the Bruins’ sister school 400 miles to the North. UCLA athletics reported a whopping $18.9 million deficit for the 2019 fiscal year, according to a statement of revenues and expenses submitted to the NCAA and obtained by the Hotline.
https://www.mercurynews.com/2020/01/24/uclas-budget-whammy-the-bruins-are-bleeding-cash-and-require-a-bailout-from-campus/

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