$23M while already in a $30M+ hole.
FBS or Bust could very easily become FBS and Bust.
This seems to be more about Wood’s ego than it is common sense.

Plus $5-10 million to upgrade Cal Expo? Field, lights, refresh stands, temporary locker rooms, etc.

Ain't it fun spending other people's money.

lest we not forget, from his state of the university speech, the financial premise is that FBS football will make Sac a destination university for out-of-state students who will balance his budget by paying higher tuition rates. I’m surprised the ride has lasted this long. Between irresponsible financials and possible corruption with his brother’s business interests, that the CSU president hasn’t said enough is enough.

Well, he also had some kind of dream to turn Sac into a HBCU.