They aren't likely to redistribute revenue. However the State can and probably will reduce the amount of State funding UCLA receives. UCLA had a right to make their move. The State has the right to revise it's funding allocation.
They aren't likely to redistribute revenue. However the State can and probably will reduce the amount of State funding UCLA receives. UCLA had a right to make their move. The State has the right to revise it's funding allocation.
The athletic department receives $3 million in university subsidies a year. You really think that’s going to “punish” them for doing what is otherwise perfectly valid under UC bylaws? You realize the UC Regents have a fiduciary duty to act in the best interest of the university, students, and people of California right? That means should they attempt to withhold funding for any reason that is not in the interest of the university and people, they would expose themselves to liability. Part of that duty also includes application of UC bylaws and policy. To justify reduction of any state funds to UCLA, the only plausible grounds would be to supposedly make Cal whole but Cal’s athletic department already receives a whopping $25 million in university subsidies and has received a university bailout amounting to hundreds of millions of dollars. Thus, there really is no justification to make Cal whole since they’ve already benefitted from state funding that UCLA never has received.
They aren't likely to redistribute revenue. However the State can and probably will reduce the amount of State funding UCLA receives. UCLA had a right to make their move. The State has the right to revise it's funding allocation.
The athletic department receives $3 million in university subsidies a year. You really think that’s going to “punish” them for doing what is otherwise perfectly valid under UC bylaws? You realize the UC Regents have a fiduciary duty to act in the best interest of the university, students, and people of California right? That means should they attempt to withhold funding for any reason that is not in the interest of the university and people, they would expose themselves to liability. Part of that duty also includes application of UC bylaws and policy. To justify reduction of any state funds to UCLA, the only plausible grounds would be to supposedly make Cal whole but Cal’s athletic department already receives a whopping $25 million in university subsidies and has received a university bailout amounting to hundreds of millions of dollars. Thus, there really is no justification to make Cal whole since they’ve already benefitted from state funding that UCLA never has received.