After nearly five months of discussions, fact-finding, and veiled threats about a potential block, the University of California Board of Regents met Thursday to decide whether or not they were going to seek to sign off on UCLA’s move from the Pac-12 to the Big Ten in 2024.

Regents have maintained throughout the process they have the agency to block UCLA’s exit of the Pac-12. In anticipation of that decision, the Pac-12 has been in a holding pattern on multiple fronts — namely its media rights negotiations and conference expansion.

The wait continues. According to multiple reports, the UC regents decided on Thursday to not make a decision. Yet. They’re punting. How Big Ten of them.

A special meeting is scheduled for Dec. 14 where the regents are expected to reach some kind of conclusion.

The board could decide to block UCLA’s move using regental authority, which they have confirmed to wield in the matter. They could allow the move to proceed as planned but force some kind of subsidy for the Bruins to pay to UC Berkeley to help offset a decline in Pac-12 revenue because of the move. Or they could simply decide to sign off on the move and end this saga.

Complicating the situation is the fact that any attempt to reverse UCLA’s decision could produce legal issues. The Big Ten’s new media rights deal has been finalized and announced; it includes UCLA’s membership. The Bruins signed an agreement with the Big Ten on July 13. The UC regents were presented a “detailed analysis of the legal issues and litigation risks” of interfering with that agreement.

According to a nine-page report on the move published by the regents, UCLA expects to spend approximately $10 million annually to cover new expenses associated with its Big Ten membership — i.e. chartered flights from coast to coast. That report also included a survey of UCLA student-athletes that highlighted some real apathy toward the move.

Only 35 percent of the 111 respondents thought the move to the Big Ten was a good idea. The survey was sent to 600 student-athletes. Only four football players responded. One men’s basketball player responded. No one on the baseball team responded. Women made up 72% of the respondents, and they generally viewed the move less favorably than the men who responded.

The Pac-12 has contended the Bruins won’t make the money they think they will in the Big Ten. UCLA disagrees. We wait to see what the regents want to do about it.