The full board will finalize the decision on Thursday; Regents expected to revisit the topic in 2027.
Cal Athletics will receive $10 million per year from UCLA as compensation for the Bruins’ departure to the Big Ten Conference, but the UC Board of Regents will require payments for just three years.
The duration of the payments apparently was shortened because of the fluid nature of college athletics, with no one entirely clear how things will appear by 2027, by which time major conference may have created a revenue-sharing arrangement with athletes.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UC regents expected to hit UCLA with maximum annual subsidy — err, “contribution” for CalThe agreement comes in the aftermath of UCLA’s departure to the Big Ten and the Pac-12’s collapse, which forced Cal to seek shelter in the ACC.
Read more »
UC Regents order UCLA to pay $10 million annually in 'Calimony' for three yearsIn a temporary triumph for UCLA, the UC Regents on ordered the school to pay rival California the max tax but for only half the previously allotted period.
Read more »
UC regents expected to hit UCLA with maximum subsidy for CalThe University of California Board of Regents is planning to require UCLA to subsidize Cal’s athletic department to the tune of $10 million annually, according to a summary of the upcoming me…
Read more »
Texas A&M Regents Approve $80 Million Renovations to Olsen FieldAfter first being renovated in 2012, the Texas A&M Aggies can expect a new-look baseball park under the newly-approved capital plan spanning the next five years.
Read more »
UC president recommends UCLA pay Cal full annual subsidyThe University of California Board of Regents is expected to accept a recommendation that UCLA pay University of California at Berkeley $10 million a year for six years.
Read more »
Cal Athletics Expected to Receive $10 Million Annual Subsidy From UCLAThe UC Regents meet Tuesday to vote on the issue, stemming from the Bruin' exit to the Big Ten Conference
Read more »