UCLA to pay Cal $10 million per year in ‘Calimony’ after UC Board of Regents vote

UCLA to pay Cal  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