US EditionUCLA Alumnus Leaves $17.3 Million to Football and Men’s Basketball
Larry Layne’s estate gift allocates $9.6 million to UCLA football and $7.7 million to men’s basketball, supporting long-term success for Bruin athletes.
- On Monday afternoon, UCLA Athletics announced a $17.3 million estate gift from Larry Layne, part of a more than $40 million pledge to the University of California, Los Angeles.
- A former UCLA rugby player and coach, Layne began giving in 1979 with his first gift to the UCLA Women's Rugby Club and made nearly 100 donations totaling $18.8 million.
- Per the university press release, $9.6 million will go to the UCLA football program and $7.7 million to the UCLA men's basketball program.
- Coaches and program leaders responded, with Martin Jarmond, UCLA athletic director, calling the donation transformational, while Mick Cronin and Bob Chesney thanked Layne for his longtime support and UCLA pledged to uphold True Bruin values and support student-athletes.
- Faced with multiyear debt, the UCLA athletic department received a donation as roster moves continue, including two late Monday transfers and a portal class nearing 40 names.
17 Articles
17 Articles
Late UCLA Donor Leaves $17.3 Million but Attached Disappointing Condition
UCLA lands a massive $17.3 million gift, sending shockwaves through its football and basketball programs, but there’s a catch. While they receive massive financial backing from a late Bruins donor, the condition attached to it won’t help them in player acquisition. Bob Chesney and Mick Cronin’s program receives a major financial boost from late alumnus Lawrence “Larry” Layne, who donated $17.3 million to support the football and men’s basketball…
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Mark Cuban wearing Indiana Hoosiers jersey Donor giving in college sports is more important than it’s ever been. NIL has created a need for cashflow as player payment directly impacts the ability for teams to recruit talent. In addition to those NIL programs, money received can be used to upgrade facilities to provide student-athletes with the latest and greatest in terms of both equipment and perks. All play a role in success. UCLA kickstarted …
UCLA Athletics receives $17.3 million from estate of Larry Layne to support football, men's basketball
UCLA’s Department of Athletics will receive a $17.3 million gift from the estate of Lawrence “Larry” Layne, designated for the university’s football and men’s basketball programs, officials announced Tuesday. The donation represents the largest portion of a bequest totaling more than $40 million that will support several areas across the university. According to UCLA, $9.6 [...]
Washington Top News
UCLA alumnus leaves $17.3 million to football and men’s basketball
LOS ANGELES (AP) — UCLA's athletic department has received $17.3 million from a late alumnus to benefit the football and men's basketball programs.
LA Daily News
UCLA Athletics receives $17.3 million donation from estate of Larry Layne
The bequest from the late longtime donor, an alumnus and former rugby coach, will be split between the football ($9.6M) and men's basketball programs ($7.7M).
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