I wouldn't call it mismanaged as they've strived to maintain a great number of teams in their dept. As we know football and basketball are the only money makers. They support 25 teams, have the whatever man bandwagon Cali fan base. Surrounded by millions and can on get a half full on a good day stadium.
They're more in need of winning than we are, and quite frankly, I admire those settle for less teams in one way, they know their fanbase. Be in the big leagues, never do much in them. And do less than a UCLA does.
I chalk it up to those pac schools seeing the writing on the wall and the others that left late that went to the big twelve as settlers for less as well. Now every once in awhile a Zona team plays well, and Utah has had some very good coaches making them relevant, and that leaves the other two of the pac , second tier after the end money grab who went to the ACC.
All you have to do is see who's put the efforts in and who hasn't and they layer out accordingly.
Stanford, like Northwestern has money yet not much of a fan base, owning the bay area and rare sellouts, them and Cal. But Stanford is another school with a lot of teams that they maintain and lose money on. Just a larger pool of monies to not go in debt like the state school of LA.
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