"Let your plans be dark and impenetrable as night, and when you move, fall like a thunderbolt.” -- Sun Tzu
None of us saw USC/UCLA making the jump and being finalized in five hours.
That's how the next round will happen also.
I'm not seeing holding cash of about 10% of depreciated book value of the facilities (asset) as a problem. I'd be concerned (cash flow, expenses) if it was lower.
(This is where @jdub27disagrees with me on a more nuanced fiscal point of view. )