Ryan Gorcey of Bear Territory has the early word:
#cal Rb covaughn deboskie Johnson is transferring. Destination TBA
This is the extent of the knowledge so far. If we hear more, we'll edit it into this post. Given how many running backs Cal has, this was not surprising. Good luck to Covaughn! GO BEARS!
UPDATE: This is one of those happy transfers. According to John Breech, he'll be earning his degree and graduating this spring. Covaughn is a Golden Bear forever!