After seeing a series of bulletproofing slices and hearing a large number of tuning words Sports Department at the University of California, Los Angeles Financial affairs, Bob Maires Put the crisis facing mother pain in much simpler phrases.
“It resembles the water comes in the boat while you are trying to take it out, but how does this thing not drown?” Myers, who scored a largely successful tour as the general manager of the Golden STITION Woriors, asked his time as a striker in the basketball team at the 1995 Broken National Championship and appointed as the latest member of the California University Board of Directors, on Tuesday afternoon at the University of California in Regit. “Or how can we help, assume?”
Maires was inquiring about a deficit in the sports section, which rose to 219.5 million dollars after running in red for six consecutive financial years, including a shortage of $ 51.8 million in the fiscal year 2024.
To process the increasingly complex case, the new UCLA consultant Julio Frenk And sports director Martin Garmond bring Stephen AgostiniWho recently started his second year as the school’s adviser and financial director, to speak to the California Athletics Regents Committee, San Francisco.
Agostini has made many financial challenges to the University of California at Los Angeles, including the Settings of the expected House of Representatives with NCAA, which will defend the University of California in Los Angel, sponsorship agreements with UCLA students that provide Assad’s share of the organization’s revenues for students.
“As many of you know, we have a somewhat great financial challenge in front of us,” Agostini said. “We fold the deficit in athletics in it and we will seek to treat it. We are looking for other revenue flows … but it will not be easy and given the volatility of the space, we hope to stay on Abernate in an environment that changes almost monthly.”
In the treatment of Mairez’s question, Agostini said that basketball teams and basketball for men – with women’s basketball team likely to follow their example – move towards a professional sports model in which the media revenues are shared equal in conferences. Usa Today has recently estimated that each Big Ten Conference alongside Oregon and Washington, which agreed to take reduced shares for seven years, will receive a distribution of $ 75 million from the conference for the fiscal year 2025.
Since this number is the same for almost every Big Ten school, additional income flows are necessary.
“This means that what you create from your facilities and that your other revenue opportunities become really necessary for the end result,” said Agostini. And Carton [Jarmond] I just mentioned, if we could not achieve additional revenues from tickets, distinct seats or arrangement that we have with Asucla, this makes this difficult for us. “
Then he asked Mires about the concrete methods through which the Ministry of Sports can reduce these issues.
Garmond said that Rose Paul has agreed to build a distinguished seating department in the southern party area that could generate revenues for the school after the 2026 season. The lack of revenues at the club level as part of the lease contract agreement at the University of California in Los Angeles with Rose Ball because he does not have the stadium prohibits a school of approximately 15 million dollars to $ 25 million annually, according to Garmond. Garmond said that the University of California in Los Angeles is also studying the possibility of Pauli wing renovations that could include distinguished seats.
Earlier, Jarmond discussed ways that his administration would do his best to reduce costs. He pointed out that the University of California in Los Angeles was in the lower quarter of training salaries after all nine employees were training that he made in nearly five years at work was one of the candidates who were assistant trainers.
“This was a strategy that I used, to give opportunities for trained assistants, but also to help us competitively with employees and contain costs,” said Garmond.
The school also presented regional tables to non -conferences as possible, as men’s basketball team withdrew from CBS SPS SPS Classic to reduce travel and increase scheduling flexibility. Jarmond said that the University of California in Los Angeles was on the right track to advance to less than an increase of $ 5 million, and the budget has placed travel expenses during its first year in The Big Ten.
“We are working on our way to building more revenues and the ability to compete in Big Ten [and] “We have to do more, and I will tell you that. We cannot do this with a limited budget, be competitors, and we win at the level we won and want to win. It is something we used to love,” Garmond said.
There was no mention of UCLA’s support of $ 30 million on the live campus of the sports department during the last fiscal year, an unprecedented step to help compensate for the massive deficit. But in his first public comments on the University of California Sports Department in Los Angeles, both of Frenk realized the history of the school rich in the school and recognized the many challenges facing a university hosting the Sports Village in the 2028 Olympics.
“There is still a lot of uncertainty, the scene continues to shift, and as a result of the recent cases, which were opposite to universities, changes nothing, and new models of sports compensation – all have significant financial effects for us,” said Frenk. “But by joining Big Ten, we put the University of California in Los Angeles in the strongest possible position to move in current fluctuations and continue to support our students in their lives.
“So, this is an essential moment in the history of athletics between colleges; I think it will continue to switch quickly in the coming years and we are trying to face this with a strategic vision, and the commitment to the fact that these students are first and foremost – our commitment to education, our commitment to competition with integrity, and fair competition, and these values will continue at that time during this time of transition.”
After almost the completion of the UCLa session around the clock, officials from the University of California at Santa Cruz made a presentation in their sports department, a group of the third division of NCAA with a small budget, but also a deficit of $ 2.2 million in the last financial year that may be in line with the ideals of athletes in the college.
“It will be interesting, I think,” said UC Santa Cruz Cynthia Larive, “to see the rapprochement of Ucla and UC Santa Cruz.”
