UCLA to pay Cal $10 million per year in ‘Calimony’ after UC Board of Regents vote
The UC Board of Regents on Tuesday adopted a proposal that will require Big Ten-bound UCLA to transfer $10 million annually to Cal’s athletic department for the next three school years. UC system president Michael Drake recommended the $10 million payment last week, but his proposal called for the payments to extend through 2029-30. After … Read more