The universities will probably distribute the money elsewhere or else you'd think Cal would have kept enough to keep a guy they seemed to need. Washington has money problems also but it didn't stop them from allowing Sark to get what he needed.
Or doing a $250 million improvement on Husky Stadium. Every college out west is having problems but it ain't stopping some Pac-12 schools.
Arizona is spending $60 million on their football stadium.
Tempe put in a special tax district to help ASU replace Sun Devil Stadium.
USC just got the master lease to the Coliseum and will be doing massive improvements there.
The Rose Bowl just got new suite boxes.
Utah is building a new operations center for football and is planning on expanding their stadium.
CU is supposed to announce in April a massive improvement for Folsom Field that will cost as much as Husky Stadium. Folsom Field is going from 53k to 60-65k along with a new $85 million fieldhouse that will double as an indoor practice facility for the football team.
WSU is going to expand their stadium sooner than later.
Oregon State is planning on finishing the other side of their stadium which would push it to 55k.
Duck fans are talking about Autzen getting expanded to 72k.
Cal and Stan already have new stadiums.
Pac-12 is in the middle of a huge arms race right now for sure.