Millions of dollars in annual revenue while avoiding regular cross-country trips to New Brunswick, NJ, State College, PA, and Urbana-Champaign, IL? Seems like a reasonable consolation prize.
I disagree that this was a strange and unexpected outcome. I always felt that this was the most likely outcome. UCLA gets to move to the Big10 but has to pay Cal an annual stipend was the “win-win” scenario for the Regents.
This is the outcome I'd expected and the number range is decent if it's annual. The question still remains whether the B1G takes us. That would still net us more money and get UCLA off the hook. Like they said, the payments won't make us whole but moving to B1G would. So much still depends on both conference media deals.
All in all the Regents protected the UC system (which is their job) and not the Pac (which isn't their job). And maybe Cal won't leave the Pac if the payments functionally offset the various expenses and challenges of B1G membership.
I can hear the UCLA rooting section now, "be good little Golden Bear cubs or you won't get your allowance!" or "Dependents! Dependents! Rah Rah Rah!" or "UCLA Major League, Cal Minor League! "- Empty Suit Jim, after reading the news in the SF Chronicle, will give himself a raise. Clueless Carol will probably try to divert the funds to the English Department Cal's new in-conference rival, Sacramento State College should be easier to beat now that Troy Taylor is gone ---- Cal better damn well get invited to join the big 10 or drop all athletics, drop the Ax off at St. Vincent DePaul to be sold as a doorstop.
Is it a bad idea to build into this deal with UCLoL the alimony checks can end only when Cal is in the same conference with them again? An incentive to bring us over to the Big10 should the Pac also fall apart?
This was the outcome I expected, although I assumed $10 mil./year would be around the baseline. I can only guess it will be an annual payment. May not offset the loss in media rights losses I don't think.
Ancient Golden Bear. Probably one of a handful of Cal fans left that has seen Cal play in two Rose Bowls. - Don't know about you, but if Cal makes Dust Bowl in Melba, Oklahoma against Oral Roberts, I won't be going. I'll stay home and watch it on the Home Shopping Network.
Millions of dollars in annual revenue while avoiding regular cross-country trips to New Brunswick, NJ, State College, PA, and Urbana-Champaign, IL? Seems like a reasonable consolation prize.
We're the new Bobby Bonilla! Come up with that cash, Bruins! I love it!
I disagree that this was a strange and unexpected outcome. I always felt that this was the most likely outcome. UCLA gets to move to the Big10 but has to pay Cal an annual stipend was the “win-win” scenario for the Regents.
An annual tribute paid by the satellite campus down south is a boon for the Bears. Oski be praised.
This is the outcome I'd expected and the number range is decent if it's annual. The question still remains whether the B1G takes us. That would still net us more money and get UCLA off the hook. Like they said, the payments won't make us whole but moving to B1G would. So much still depends on both conference media deals.
All in all the Regents protected the UC system (which is their job) and not the Pac (which isn't their job). And maybe Cal won't leave the Pac if the payments functionally offset the various expenses and challenges of B1G membership.
We'll be the richest 6-win Mountain West school by a mile!
Pay up, bitches! Cash only; no credit cards accepted; your checks are no good here.
We’re a welfare school now
It's not like UCLOL doesn't have experience with payouts--the rapey vibe from their doctors alone are costing them $700 million.
No wonder they're forced to pimp out their football team. And it's not like their fan base is unified behind this move either:
https://www.nytimes.com/2022/12/13/sports/ncaafootball/ucla-big-ten-uc-regents.html
I can hear the UCLA rooting section now, "be good little Golden Bear cubs or you won't get your allowance!" or "Dependents! Dependents! Rah Rah Rah!" or "UCLA Major League, Cal Minor League! "- Empty Suit Jim, after reading the news in the SF Chronicle, will give himself a raise. Clueless Carol will probably try to divert the funds to the English Department Cal's new in-conference rival, Sacramento State College should be easier to beat now that Troy Taylor is gone ---- Cal better damn well get invited to join the big 10 or drop all athletics, drop the Ax off at St. Vincent DePaul to be sold as a doorstop.
We can afford a real basketball coach now, right?
You get our water; we get your money.
Is it a bad idea to build into this deal with UCLoL the alimony checks can end only when Cal is in the same conference with them again? An incentive to bring us over to the Big10 should the Pac also fall apart?
This was the outcome I expected, although I assumed $10 mil./year would be around the baseline. I can only guess it will be an annual payment. May not offset the loss in media rights losses I don't think.
We should set this money in a fund to hire a new basketball coach. 10 million a year should buy a pretty program, right?
Ancient Golden Bear. Probably one of a handful of Cal fans left that has seen Cal play in two Rose Bowls. - Don't know about you, but if Cal makes Dust Bowl in Melba, Oklahoma against Oral Roberts, I won't be going. I'll stay home and watch it on the Home Shopping Network.