As blog readers will know, we have been exploring budgetary data for UCLA. The figures we have presented so far are all aggregates, although - as we have (critically) noted - different sources include different aggregations ranging from the entire enterprise (including hospital revenues) down to "discretionary" items (not clearly defined).
Blog readers will also know that UCLA recently fired former CFO Agostini for saying past data were not reliable due to financial mismanagement. But before he left, Agostini left us a budget book which provided a more micro division by "units."
One of the units that has attracted attention is Intercollegiate Athletics. In principle, Athletics - taken as a whole - is not supposed to cost anything, i.e., it is supposed to generate revenues from TV rights, game admissions, and other sources sufficient to cover costs. The big money makers are football and basketball. But in recent years, revenues have not covered costs.
Below are Agostini's figures for Intercollegiate Athletics. The figures for the current year 2025-26 are projections made in Sept. 2025 (before later coaching staff hiring). There was a reclassification of "All Other Funds" in the current year with much of the total now listed as "Auxilliaries." There seem to be recharges from some other non-athletic source in the first year shown, but then other funds seem to be able to recharge Athletics for some costs. There are likely to be some payments directly to student-athletes from Name-Image-Likeness rights that are not represented on the the table.
Presumably, the $10 million "tax" being paid to UC-Berkeley thanks to the Regents is part of noncompensation costs.
Since Agostini is no longer here, we can't ask him what exactly is entailed on the various lines. But there is no indication on the table that the Athletics program is moving to self-support.
Source: https://dn720904.ca.archive.org/0/items/ucla-budget-book-v-final-feb-2026/UCLA%20Budget%20Book%20v%20FINAL%20Feb%202026.pdf.


