The Pac-12 is planning a mammoth loan program that would provide relief for cash-strapped athletic departments in the event the college football season is canceled because of COVID-19, Jon Wilner of the Mercury News reports, citing internal documents and sources. The loan program would be large enough to cover that loss for each school, if needed.
The loan would provide a maximum of $83 million for each school at a rate of 3.75 percent over 10 years.
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Latest posts by News Feed (see all)
- Arizona guard Pelle Larsson to enter NBA Draft and forgo college eligibility - April 17, 2024
- Utah State defensive end Paul Fitzgerald transfers to Utah - April 17, 2024
- Utah gets a commitment from Syracuse transfer WR Damien Alford - April 17, 2024