Chip has been begging UCLA for over a year to build up a NIL program, which is practically nonexistent. UCLA has dragged its feet, and their NIL sucks compared to other schools.
Chip knew he has zero chance to win without a solid NIL program in place, so he bolted. It's really not that surprising as he doesn't want to be on the sinking ship when it goes down at UCLA and its about to go down hard as NIL is the way of the world in college sports. Ohio St has one of the best NIL programs, UCLA one of the worst and trying to play catch up now but its late to the game.
Easy decision for Chip