service. I’m not sure what that number is now, but at one time it was $6m. This is mandated by the state, I don’t think they are going to use that money unless the shit really hits the fan.

Historically the most of conference and NCAA distributions have been made near the end of June. I believe that number was ~ $30m this past June. So they should have around $35m-$40m in reserves at the end of June 2020, of which probably $35m can be used to balance the budget. I’m just guessing at the numbers, but I still think they are looking at borrowing $30m-$35m for FY 20. Hope I’m wrong on the high side.

I’ve heard the Keep Jumping Fund has been doing ok, so maybe that will help. If firing Fu happens, it could get very nasty on the financial end if donors don’t fund the buyout.