UCLA men's basketball Mick Cronin says conference realignment is not helping athletes and it only helps athletic departments operating in the red.
How did the Pac-12 die? These surprising decisions by USC, Oregon, Washington and others thwarted efforts to save the conference., which faces a four-year shortfall of $130.8 million — and the behind-the-scenes accounting that is not widely known as factors sparking so much movement.
“So why do these schools need all this money? There’s about four athletic departments that actually make money in the entire nation because of scholarship bills and budget expenses, so this all happened because of money, that’s just a reality. It’s not all because of football. And what I would tell you is, this is not the end-all fix. It’s far from over.
Unlike many schools, UCLA receives just a pittance from campus sources. During the last fiscal year, the Bruins received a combined $2.57 million in student fees and direct institutional support, a small fraction of the $31.3 million that Cal received in those categories . That campus support left the Golden Bears’ athletic department with a budgetary surplus of $3.7 million.
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