Why is it assumed that UCLA's going to be prevented from joining the B1G by the Regents/Newsom? That's just ridiculous on so many counts.
Again, I still see Cal's entry into the B1G being based on litigation against the Regents for negligence, breach of fiduciary duty, etc. The fact that Newsom and the Regents are looking into UCLA's deal gives me more (not less) hope that Cal will be admitted into the B1G. Of course, Newsom and the Regents have to play this as if they will refuse to permit UCLA's admission into the B1G without Cal's admission. in order to have any leverage in discussions with the B1G.
Also, just because the UC Office of the President delegated the power to execute contracts to the individual schools doesn't mean that's the end of the story. If anything, it creates possible grounds to prevent UCLA's admission (again, this is not the real goal but it is a way to gain leverage for Cal's admission). I'm just guessing here, but I'd bet that the power to execute contracts was actually delegated to the UCotP. As anyone who practices administrative law knows, "delegatus non potest delegare." This could render UCLA's contract with the B1G void, which would return UCLA to the Pac (again, this is not the goal!).
But without UCLA, would USC want to stay in the B1G? Not only would it lose its traditional crosstown rival, but it would also be the only West Coast school. This means it would be alone in traveling (at least halfway) across the country for every away game. Not to mention, if UCLA were to be pulled back into the Pac, that (1) would provide the Pac with the LA TV market and (2) destroy the B1G Network's monopoly over the LA TV market, making the B1G's TV rights deal that much less valuable. Would USC be willing to travel (halfway) across the country for every away game for little more than an additional $10-20 million per year? It could be worth it, but it would also likely mean USC will lose a whole heck of a lot more games (in football and both Men's and Women's basketball). I'm not sure USC's alumni (read, donor) base would be happy with that turn of events.
If USC (after UCLA is prevented from joining) decides to back out of the B1G, the B1G Network is worth 1/3 less (than with the LA schools). The individual B1G schools also see their annual TV rights revenue cut significantly as a result. That would mean their TV revenue deal would be more in line with that of the other Power 5 conference schools, even if it's still a little more than that of the ACC, Pac(-11?), and the Big-12. On the other hand, Admitting Cal (and the Furd?) could mean something closer to $90 million/year per B1G school (inclusive of Cal).
If anything, Cal fans should be rooting for Gov. Newsom as his "meddling" is helping Cal gain admission into the B1G. All the teeth gnashing here over Newsom's comments is counterproductive. Cal should be rooting for UCLA's admission into the B1G being contingent on Cal's admission as well. Governor Newsom's "meddling" seems directed toward that end.
Also, to address the asinine arguments by BigDaddy, by all accounts, it was Fox Sports that really led the deals for USC and UCLA's admission into the B1G. It's not like the SoCal schools' administration petitioned the B1G for admission. Fox Sports, which is a co-owner of the B1G Network, approached UClA and USC about leaving the Pac-12 and joining the B1G. The primary reason for this, obviously, is that the LA market is huge and is worth serious money to advertisers. All of this is beyond the control of any school administrator. Otherwise, you might as well blame Christ and Knowlton (who are bumblers and bunglers in their own right) for the SF Bay Area's lower population relative to that of LA and for Fox Sports being based in LA instead of SF.