California's Memorial Stadium opened in 1923 and is in bad need of repairs. The 72,516-seat venue sits on the Hayward Fault and a seismic safety study gave the stadium a "poor" rating. Expansion joints have been put in the walls to maintain the integrity of the facility, which represents an "appreciable life hazard."
It's going to cost more than $250 million to seismically upgrade the crumbling 86-year-old stadium, and Cal fans are being asked to fork over big, big bucks to pay for the upgrade.
A program similar to personal seat license plans used by many professional teams will require about 3,000 fans whose season tickets are between the 30-yard lines on the stadium's west side to pay up to $225,000 just for the right to purchase season seats. If they decline to participate, they'll have to give up their seats.
Of the 3,000 seats, there are 144 priced at $225,000, and 115 of them already have been sold, with several fans already writing checks for $900,000, which buys four seats in what is being called the University Club section.