The UC Board of Regents voted that UCLA will pay Cal $10 million annually for the next three seasons, rather than six years as was originally recommended, as a fee for leaving the Pac-12, The Athletic's Stewart Mandel reported.
The board will check in again when the deal ends after the 2026-27 season, Mandel noted.
The vote was 7-1 in favor, per Ben Bolch of the Los Angeles Times.
The board first voted in December 2022 to allow UCLA to join the Big Ten in exchange for an annual "Berkeley Tax" of between $2 and $10 million, Bolch, Thuc Nhi Nguyen and Steve Henson reported for the Times.