Current:Home > ContactUC president recommends UCLA pay Cal Berkeley $10 million per year for 6 years -WealthSphere Pro
UC president recommends UCLA pay Cal Berkeley $10 million per year for 6 years
View
Date:2025-04-13 17:48:45
LOS ANGELES (AP) — The 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 as a result of the Bruins’ upcoming move to the Big Ten and the demise of the Pac-12.
The recommendation was made by UC president Michael Drake and will be voted on during a regents meeting Tuesday at UC Merced.
In order for the Regents to affirm UCLA’s move to the Big Ten in December, 2022, the university agreed to pay UC Berkeley between $2 million and $10 million because of how the move would affect the Cal athletic program.
Cal agreed to join the Atlantic Coast Conference last year after the Pac-12 couldn’t negotiate a media deal, causing eight of its members to leave.
Besides increased travel costs, Cal will have a reduced share of the ACC’s media rights deal.
According to a report by UC’s president, the difference between UCLA’s annual media rights distribution from the Big Ten and UC Berkeley’s share from the ACC will be approximately $50 million per year.
Drake is also recommending that if there is a significant change in revenues and/or expenses for either school, exceeding 10% over 2024-25 projections, UCLA’s contribution can be reevaluated by the regents.
UCLA and the University of Southern California announced on June 30, 2022, that they were leaving the Pac-12 for the Big Ten. USC is private and not part of the UC system.
The Regents became involved shortly after the announcement when Democratic Gov. Gavin Newsom criticized UCLA’s move because chancellor Gene Block and athletic director Martin Jarmond did not give advance notice to the regents.
In 1991, campus chancellors were delegated authority by the UC Office of the President to execute their own contracts, including intercollegiate athletic agreements. But the regents heard during an August 2022, meeting that they retain the authority to review decisions impacting the UC system, meaning they could affirm, overturn or abstain from following up on UCLA’s decision.
The Regents voted four months later to let the move go ahead. Besides the payments to its sister school, UCLA agreed to make further investments for athletes, including nutritional support, mental health services, academic support while traveling and charter flights to reduce travel time.
“From the very beginning we said we understand we may need to help Berkeley. We’re OK with it and happy it is resolved,” Block said after the regents approved the move.
___
AP college sports: https://apnews.com/hub/college-sports
veryGood! (55396)
Related
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- Mexican actor Ana Ofelia Murguía, who voiced Mama Coco in ‘Coco,’ dies at 90
- Mexican actor Ana Ofelia Murguía, who voiced Mama Coco in ‘Coco,’ dies at 90
- Nadal returns with a win in Brisbane in first competitive singles match in a year
- Warm inflation data keep S&P 500, Dow, Nasdaq under wraps before Fed meeting next week
- Full transcript of Face the Nation, Dec. 31, 2023
- 'Wonka' nabs final No. 1 of 2023, 'The Color Purple' gets strong start at box office
- Powerful earthquakes off Japan's west coast prompt tsunami warnings
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- A driver fleeing New York City police speeds onto a sidewalk and injures 7 pedestrians
Ranking
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Brazil’s economy improves during President Lula’s first year back, but a political divide remains
- Bachelor Nation's Kaitlyn Bristowe Denies Cheating on Jason Tartick After Being Spotted With Zac Clark
- Blac Chyna Reduces Her Breast Size in Latest Plastic Surgery Reversal Procedure
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Basdeo Panday, Trinidad and Tobago’s first prime minister of Indian descent, dies
- What to put in oatmeal to build the healthiest bowl: Here's a step-by-step guide
- Taylor Swift dethrones Elvis Presley as solo artist with most weeks atop Billboard 200 chart
Recommendation
Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
'Serotonin boost': Indiana man gives overlooked dogs a 2nd chance with dangling videos
Colorado Springs mother accused of killing 2 of her children arrested in United Kingdom
Happy Holidays with Geena Davis, Weird Al, and Jacob Knowles!
Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
A driver fleeing New York City police speeds onto a sidewalk and injures 7 pedestrians
NJ mayor says buses of migrants bound for NY are being dropped off at NJ train stations
Wander Franco arrested in Dominican Republic after questioning, report says