Since this is originating in PAC country, here's something to chew on a bit. Cal: Revenue last year- $91,247,489 Expenses last year- $110,558,630 Arizona: Revenue last year- $95,867,717 Expenses last year- $103,329,464 These are two programs in the top 50 in revenue for the last fiscal year. It's something that hits close to home as well. There's an Ole Miss program that was in the red to the tune of about six million last fiscal year. It's not as cut and dried as it's made out to be.