UC Regents Require UCLA to Pay Cal $30 Million Over Three Years

The payments are intended to address the revenue disparity from UCLA's move to the Big Ten, with a review set after three years.

UC Regents mandate UCLA to pay Cal $10 million annually for three years.
The payment, called 'Calimony,' aims to offset the revenue gap caused by UCLA's move to the Big Ten.
UCLA's annual media revenue from the Big Ten is projected at $60 million, while Cal's from the ACC is $11 million.
The decision includes a review of the payment terms after three years, with potential adjustments based on financial changes.
Critics argue the payments unfairly penalize UCLA, which is already facing significant athletic department debt.