UCLA to Pay Cal $10 Million Annually Amid Athletic Conference Shifts

The UC Board of Regents mandates financial aid to Cal as UCLA transitions to the Big Ten, reflecting broader changes in college sports economics.

UCLA's move to the Big Ten triggers a compulsory $10 million yearly payment to UC Berkeley through 2029, aimed at balancing revenue disparities.
The financial agreement, termed 'Calimony', compensates for Cal's reduced earnings following the collapse of the Pac-12.
Projected annual revenue differences between UCLA's and UC Berkeley's media deals are estimated at $50 million.
The regents' decision underscores the financial strains and strategic shifts in university athletics amid conference realignments.
Additional financial commitments for UCLA include enhanced athlete support services to mitigate increased travel demands.