Current:Home > ScamsUC president recommends UCLA pay Cal Berkeley $10 million per year for 6 years -WealthFlow Academy
UC president recommends UCLA pay Cal Berkeley $10 million per year for 6 years
View
Date:2025-04-12 14:26:13
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! (9)
Related
- Why Sean "Diddy" Combs Is Being Given a Laptop in Jail Amid Witness Intimidation Fears
- Italian cake maker in influencer charity scandal says it acted in good faith
- 'Old hags'? Maybe executive just knew all along Pat McAfee would be trouble for ESPN
- Colts owner Jim Irsay being treated for severe respiratory illness
- Hackers hit Rhode Island benefits system in major cyberattack. Personal data could be released soon
- Earth shattered global heat record in ’23 and it’s flirting with warming limit, European agency says
- Hayley Erbert Praises Husband Derek Hough's Major Milestone After Unfathomable Health Battle
- The best TV of early 2024: Here's what to watch in January
- Travis Hunter, the 2
- Wisconsin judge rules that absentee voting van used in 2022 was illegal
Ranking
- Pressure on a veteran and senator shows what’s next for those who oppose Trump
- 'Golden Bachelor' runner-up says what made her 'uncomfortable' during Gerry Turner's wedding
- Jennifer Lopez laughs off 'Sad Affleck' memes, says Ben is 'happy'
- When is Valentine's Day? How the holiday became a celebration of love (and gifts).
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- 'Night Country' is the best 'True Detective' season since the original
- I’m a Shopping Editor, Here Is My New Year’s Skincare Resolutions List for 2024
- 1000-Lb. Sisters' Tammy Slaton Fires Back at Haters Criticizing Her Appearance
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Nigerian leader suspends poverty alleviation minister after financial transactions are questioned
Ray Epps, a target of Jan. 6 conspiracy theories, gets a year of probation for his Capitol riot role
Mississippi governor says he wants young people to stop leaving the state
Small twin
Animal shelters are overwhelmed by abandoned dogs. Here's why.
A man who claimed to be selling Queen Elizabeth II’s walking stick is sentenced for fraud
Red Cross declares an emergency blood shortage, as number of donors hits 20-year low