Cal Athletics Expected to Receive $10 Million Annual Subsidy From UCLA

  • 📰 SInow
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

United States Headlines News

The UC Regents meet Tuesday to vote on the issue, stemming from the Bruin' exit to the Big Ten Conference

The Cal athletic department could learn Tuesday if the University of California Board of Regents is prepared to instruct UCLA to subsidize the Bears to the tune of $10 million for each of the next six years.

Cal and Stanford will collect only a 30-percent share of the ACC’s media rights payout from ESPN over the next seven years, which figures to be in the neighborhood of $8 million to $10 million per year. “While universities and colleges are still in tumultuous times with an unsettled landscape in college athletics, there is some clarity on projected media rights revenues in the near term.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 273. in US

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.
Source: OakTribNews - 🏆 597. / 51 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…
Source: mercnews - 🏆 88. / 68 Read more »

Warmer temps expected to break through after soggy Friday, but rain expected to continue throughout weekendNational Weather Service officials believe the chilly weather is over for the season, but a large storm system headed toward Chicago is expected to bring rain and scatter thunderstorms over the wee…
Source: chicagotribune - 🏆 8. / 91 Read more »

USC announces plan to hold ‘Trojan family graduate celebration’ at the ColiseumGraduates are expected to receive an email with ticket information and other details.
Source: ladailynews - 🏆 332. / 59 Read more »

UC president recommends UCLA pay Cal Berkeley $10 million per year for 6 yearsThe UC Board of Regents is expected to accept a recommendation that UCLA pay Cal $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.
Source: KPIXtv - 🏆 443. / 53 Read more »

UCLA recommended to pay Cal Berkeley $10M per year for 6 yearsThe 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…
Source: NBCPhiladelphia - 🏆 569. / 51 Read more »