Cal athletics: NCAA financial report for FY2025 shows challenges accompanying life in the ACC

The dollars and cents from Cal’s first year in the ACC have been collected, reported to the NCAA and made available to the public. They underscore an issue, often overlooked by critics, that cuts to the heart of the athletic department’s interminable budget squeeze.

The Bears don’t have a spending problem. They have a revenue problem. And there is no short-term solution in sight as Cal settles into life in the ACC.

The bottom line from the statement of revenues and expenses for the 2025 fiscal year...