Current:Home > MarketsUC president recommends UCLA pay Cal Berkeley $10 million per year for 6 years -WealthSync Hub
UC president recommends UCLA pay Cal Berkeley $10 million per year for 6 years
View
Date:2025-04-13 04:39:35
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! (69479)
Related
- In ‘Nickel Boys,’ striving for a new way to see
- It's time to have the 'Fat Talk' with our kids — and ourselves
- For many, a 'natural death' may be preferable to enduring CPR
- One year after Roe v. Wade's reversal, warnings about abortion become reality
- Skins Game to make return to Thanksgiving week with a modern look
- For many, a 'natural death' may be preferable to enduring CPR
- Ray Liotta's Fiancée Jacy Nittolo Details Heavy Year of Pain On First Anniversary of His Death
- Dead Birds Washing Up by the Thousands Send a Warning About Climate Change
- Sonya Massey's father decries possible release of former deputy charged with her death
- Senate 2020: In South Carolina, Graham Styles Himself as a Climate Champion, but Has Little to Show
Ranking
- Former longtime South Carolina congressman John Spratt dies at 82
- Caught Off Guard: The Southeast Struggles with Climate Change
- Dwindling Arctic Sea Ice May Affect Tropical Weather Patterns
- Missouri woman imprisoned for library worker's 1980 murder will get hearing that could lead to her release
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- Biden’s Early Climate Focus and Hard Years in Congress Forged His $2 Trillion Clean Energy Plan
- Few are tackling stigma in addiction care. Some in Seattle want to change that
- Priyanka Chopra Reflects on Dehumanizing Moment Director Requested to See Her Underwear on Set
Recommendation
Whoopi Goldberg is delightfully vile as Miss Hannigan in ‘Annie’ stage return
Rust armorer facing an additional evidence tampering count in fatal on-set shooting
In Wildfire’s Wake, Another Threat: Drinking Water Contamination
VA hospitals are outperforming private hospitals, latest Medicare survey shows
Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
Scientists may be able to help Alzheimer's patients by boosting memory consolidation
How Jana Kramer's Ex-Husband Mike Caussin Reacted to Her and Allan Russell's Engagement
New Study Projects Severe Water Shortages in the Colorado River Basin