The University of California Board of Regents is planning to require UCLA to “contribute” $10 million annually to Cal’s athletic department in the aftermath of the conference realignment that separated the sister campuses, according to a summary of the upcoming meeting at UC Merced on the regents’ website.
The approved range for the contribution — some have termed it ‘Calimony’ — was $2 million to $10 million, with the exact figure based “on the best available information on projected revenues for both campuses,” the regents stated at the time. “It is anticipated that there will be an approximately $50 million difference between UCLA’s Big Ten contract and UC Berkeley’s agreement with the ACC.
Put another way, the Bruins will enter the Big Ten with financial constraints that many of their peers in the 18-team conference won’t experience.
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