$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.

Can’t wait for the Ball/Sac rivalry.

Their president will hang them with this liability then depart for greener pastures.

I have to imagine the bulk of the cash is outside money, even if the conference payment is stretched over many years.

https://www.kcra.com/article/californias-capital-is-getting-fbs-football-economics-expert-weighs-in-on-sac-states-move-to-the-mac/70372422

https://statehornet.com/2026/02/sacramento-state-football-mid-american-conference-fbs-fcs-president-luke-wood/

“It’s a $675 million media valuation, so over the five-year agreement we have, we go from where we’re at right now to that $675 million media valuation,” Wood said. “The exposure of the university on a national stage has a significant increase on the value of a Sac State degree. You have students who will graduate from Sacramento State, and their degree will be worth more in the marketplace.”

What is he talking about dude. I get the whole idea of trying to get brand recognition but..

He's just continuing his spin in order to save face on all of his messed up FBS or Bust promises. What he has actually done is place the students and academics second to his obsession with FBS football and made an incredibly bad deal financially. Unbelievable!

Where in the hell is he getting 975M from? Like that number mixed with the 600 million number doesnt seem realistic in the slightest.

Sac is basically paying to be an independent because they got rejected as an independent (paying for everyone to come to them, etc.)

Fairy tale numbers for the MAC. This dude is going to cause the collapse of Sac State football.

I doubt Cal even has that impact...

$975 Million?
There should a prop bet on this. 3 choices you can pick- the under, the way under or a bankrupt athletic dept

Like in what world? I seriously feel like Luke Wood just must have a ton of yes men making up these numbers cause it just makes no sense.