USC, UCLA departure reportedly costs each Pac-12 school $12 million

Southern California wide receiver Gary Bryant Jr., wearing red, catches a pass as UCLA defensive back Jay Shaw defends

Southern California broad receiver Gary Bryant Jr., proper, catches a move as UCLA defensive again Jay Shaw defends throughout the second half of an NCAA school soccer recreation Saturday, Nov. 20, 2021, in Los Angeles. UCLA gained 62-33. A report back to the California Board of Regents reveals what the defection of two Pac-12 faculties means financially.

Mark J. Terrill, Related Press

The departure of USC from the Pac-12 to the Massive Ten will value every member of the league $9.8 million a 12 months, in keeping with an interim report given to the California Board of Regents on Wednesday throughout a session to look at affect of UCLA leaving with the Bruins.

In keeping with the Los Angeles Occasions, the report additionally revealed that UCLA’s departure “may result in one other lack of roughly one-third that determine in addition to the extra lack of ticket and attire gross sales for remaining Pac-12 groups.”

Cal-Berkeley could be impacted probably the most of any of the faculties within the 9 UC campuses from UCLA leaving for the Massive Ten. USC isn't in that system however is a non-public college.

The subject of USC and UCLA’s departure from the Pac 12 was ordered by California Governor Gavin Newson, who didn't seem on the assembly of the board of regents on Wednesday.

In keeping with the Occasions, “Assessing the affect of UCLA’s transfer on the well-being of its athletes, the report confirmed that eight sports activities would expertise vital journey penalties — baseball, males’s soccer and males’s tennis, plus girls’s soccer, softball, gymnastics, girls’s volleyball and girls’s tennis. In keeping with Pamela Brown, the UC vice chairman of institutional analysis and tutorial planning, groups may expertise as a lot as a further 24-hour distinction within the time dedication for a Massive Ten journeys versus ones within the Pac-12.”

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