UC Regents approve UCLA’s annual $10M subsidy to Cal for 3 years

Posted on May 15, 2024

By Jeff Faraudo, Cal Sports Report: 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.

A Regents committee met Tuesday at UC Merced and was expected to award Cal with $10 million for each of the next six years. Instead, they cut the timetable in half, according to reporting by Jon Wilner of the Mercury News.

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