Cal Fires Dykes Whether the profit comes from TV or not, ESPN and Fox games are worth more than P12 Network games, and paydays down under help too. Those are all things that are a result of money spent. The SAHP was only about $150 million and privately funded (separate from the $321 million Memorial project).
Tweaks to an unsafe and century-ish old facility don't work. Besides, Cal plays P12 Division 1 football brother, not Intramurals. The concern over Cal's athletic debt is more created by academics and newspaper writers. I agree Division 1 sports cost too much, but they are also generating the revenue. With good business decisions following a plan, its no issue any more than academic costs to attend college which is high at schools that don't have athletic debt or costs.
One thing that has always appalled me here is the hatred towards other UC's, most notably Cal. I know it sucks Davis is the backup school but really? We hold our own academically and socially. Having degrees from both I enjoy the atmosphere of both, athletics included. They are different but nonetheless "mine." Both also need to pick up their game in certain areas, but neither deserves the spurn of the other. We are more partners than not, in fact, there's no way we aren't.