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UCLA receives a $6.5-million donation for its basketball programs

UCLA has received a massive infusion of cash for its basketball programs and its coaches have been bestowed new titles as part of a $6.5-million donation that was announced Thursday.

The donation from Jodi and Michael Price will establish the Michael Price Family UCLA Basketball Excellence Program to support both the men's and women's teams equally at the discretion of their respective head coaches and Bruins athletic director Dan Guerrero. It's expected that the money will fund new development programs and initiatives.

As part of the donation, both men's coach Steve Alford and women's coach Cori Close will be designated The Michael Price Family UCLA Head Basketball Coaches.