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With game guarantees and major increases to game revenue, Wood put it simply: “Football is paying for football.” — BlueGoldAg
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Sacramento State has finally made it to college football’s elite level, the Football Bowl Subdivision, but only after reportedly agreeing to pay a huge price: $23 million.
So many questions linger about the deal the university made with the Mid-American Conference.
That is because the university has chosen to remain silent about many of the details. Simply put, there are many more questions than answers about what university President Luke Wood and Sac State just did.
Here are five reasons why the public should be skeptical:
Sac State is slow to provide the details
Wood’s agreement with the MAC is a public document for this public university, a formal agreement between this institution and another.
Yet, to our knowledge, nobody has been allowed to see it yet.
The university’s news release mentions an external economic analysis of this pact, which estimates tens of millions of dollars in benefits to the university, including increased exposure and game day revenue. But for now, the analysis remains top secret.
Separately, Wood on social media has said that various analyses are complete on how to convert the horse track and grandstand at Cal Expo into the Hornets’ new stadium. Again, no release of new and important information.
The university delays the inevitable by funneling requests for the documents under the California Public Records Act through a portal process that can take weeks and even months.
How can the institution get a historic deal done, one that changes the trajectory of the university, and not have public information at the ready
North Dakota State, previously a second-tier team like Sacramento State in the Football Championship Subdivision, recently worked out a similar deal as Sac State to climb into the FBS. The Bison reportedly agreed to pay $12 million to join an FBS conference, the Mountain West.
The MAC apparently is requiring an all-too-willing Sacramento State to pay 50% more, $18 million. If you factor in the $5 million fee levied by the National Collegiate Athletic Association, the total tab hits $23 million.
Paying MAC teams to travel to Sacramento
For lesser FBS teams like Sacramento State, a tried-and-true way to make some money is to play a superior team from another conference on the road. In exchange for the likely victory, the home team pays a so-called “guarantee” to the visiting team, often an amount exceeding $1 million.
Normally, this is an important revenue source for a college football team to offset expenses. Not for Sacramento State, however. The Hornets have agreed to pay off the $12 million balance of that $18 million entrance fee to the MAC with these guarantees.
This appears to be a first in college football history: a team volunteering to give up this key revenue source. It only adds to the mystery of how the university can afford what it’s doing.
Paying MAC teams to travel to Sacramento
On top of all these millions in new entrance payments, there is another new cost.
As yet another price of admission into the MAC, Sac State is apparently on the hook to pay the full travel costs of visiting teams, unfamiliar names in these parts like the Akron Zips, Central Michigan Chippewas and Kent State Golden Flashes.
These costs for a single game routinely run into the hundreds of thousands of dollars.
Where is the campus support?
In all the testimonials gathered by the university to support the Feb. 16 announcement, there was an abundance of elected officials, alumni and business leaders.
Read more at: https://www.sacbee.com/opinion/article314778931.html#storylink=cpy
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[What Happened to the Group That Promised Sac State $50M in NIL?
The “Sac-12” has new leadership committed to offering financial support to Sacramento State—but not the $50 million originally dangled.
BY AMANDA CHRISTOVICH
FEB 19, 2026 | 01:50 PM
Sacramento State isn’t expecting that $50 million, given that donors promised those commitments only if they got the Pac-12 invitation, Sacramento State president Luke Wood told Front Office Sports in an interview Wednesday. But he isn’t concerned about its loss.
“Our community right now is rallying behind us,” he said, adding that “some of those commitments have already translated anyways even before we announced the MAC. So we’re starting to see those dollars come in already.”
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