As first reported by ESPN, Sacramento State is expected to pay $18 million, with the total cost expected to be $23 million, as the university will have to pay $5 million to the NCAA. An official announcement is expected in the coming days.
Sacramento State President Luke Wood has long been pushing for the Hornets to make the jump to the FBS. They were rejected by the NCAA to join as an independent last summer.
Wood said earlier this week that plans to bring a stadium to Cal Expo are moving forward as planned.
The Hornets hired Arizona assistant Alonzo Carter following the departure of Brennan Marion after last season.
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