Harky4 said:
https://www.nytimes.com/athletic/7145141/2026/03/25/kentucky-basketball-ncaa-tournament/?source=athletic_user_shared_article_copylink&smid=url-share-ta
Here is the link to an interesting read
Cal with our 2 co-ADs who lack creativity, who are risk adverse, who promote the status quo so as to not rock the boat, and who show no signs of thinking outside the box, in conjunction with the ineffective legal counsel for Cal Athletics whose consistent advice seems to be simply "no, don't do it", will always be left behind in regards to properly financing our revenue-generating, athletic programs that count. Unless Lyons hires a very competent, difference making AD soon, relegation to the mid-majors will be Cal's future.
Nobody has mentioned the key part of the NYT article that is relevant for Cal: that Kentucky has spun off its athletics department as an LLC. Michigan State, Clemsen and Texas Tech have spun off their revenue sports. I really think that is something Cal should look at. We do finally have a Cal alum in charge, but I think the university is ill-equipped to run a professional sports program long term and it needs to have the alums who care and donate in charge instead of academic administrators hired for their expertise in running a world class university.
In addition to an LLC, we should also look at alternative models such a "non-profit cooperative association" that would have two member classes: donors and student athletes, with athletes not "employees" but as "members" getting a share of the "profits" and the donor's share of the profits going to the university (making their contributions tax-deductible). Donor contributions would gettiing voting rights to elect a board (with student athlete representation) who would hire and fire the GM. Or have direct elections. The more say donors get, the more they would want to donate, instead of a "promise" an AD like Knowlton might make to them, they would have real, tangible, dollar for dollar voting rights.
Limited cooperative associations can borrow and can also have a class of members that contribute capital for a return.
With the contracts for our two co-ADs expiring this summer, it is a great opportunity to rethink the model and adopt something better suited to the current world.