Pac-12 Mulls Massive Loan Bailout if Football Canceled

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The Pac-12 Conference is planning a loan program that would provide cash-strapped athletic departments financial options in the event the football season is canceled because of coronavirus, according to internal documents and conference source information secured by The Mercury News of San Jose, Calif., and its Pac-12 Hotline.

If all member schools opt in, the program could approach $1 billion, large enough to cover each school's ticket and media rights revenue losses should football be suspended in 2020-21.

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