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UCLA's Payments to Athletes Already Nearing $5 Million
Bloomberg
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2 days ago
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Sports
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00:00
You know, it's a new day. July 1st started the new era where you can share revenue with student
00:04
athletes. At UCLA, we started August 1st. And as of August 1st, for the month of August,
00:11
we shared $4.8 million. Wow. Out of our $20.5 million that's allotted. So a lot of checks
00:18
were being signed in August and more to come. But it's exciting. You know, our student athletes
00:23
deserve that. UCLA, we've always been a proponent of that. And so, you know, just how you manage
00:29
that, how you make sure that we get, we've been preparing for this for a while with the
00:35
infrastructure needed to get all the student athletes information. We use PayPal and the
00:40
Big Ten to make those payments and do those out. But it's a big undertaking just to be
00:47
able to do that and kind of flip the switch and turn it on.
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