UCLA women’s basketball coach Cori Close received a standing ovation from Regents; a raise is next.

Coach Close’s $1.2M salary is a bargain after leading UCLA to its first NCAA title.

Close signed a four-year deal last May for $877,500 base, earning $180,000 in bonuses.

Cori Close received a standing ovation Tuesday from the University of California’s Board of Regents.

Next up could be a well-deserved raise for the UCLA women’s basketball coach who just guided her team to a national championship.

The Regents are scheduled to discuss Close’s “contract compensation parameters” in a closed session on Wednesday afternoon at the Luskin Conference Center on the UCLA campus . Those discussions are necessary to grant any coach within the UC system a significant hike in their salary.

As it stands, Close’s current contract qualifies as perhaps the nation’s biggest bargain.

Cori Close received a standing ovation Tuesday from the University of California’s Board of Regents.…