• Loading stock data...
Saturday, April 19, 2025

Pac-12 Schools Missing Out on $61M Revenue Distribution

  • The Pac-12 legal fight is now resulting in revenue being witheld.
  • Oregon State and Washington State are not letting other schools receive payments.
Soobum Im-USA TODAY Sports

The legal fight playing out as the Pac-12 dissolves is reportedly costing conference members their share of $61 million in withheld revenue.

As Oregon State and Washington State fight for control of a Pac-12 that has seen its other 10 members depart for the Big Ten, Big 12, and ACC, the two remaining schools have blocked traditional midseason payouts for the entire conference, according to the San Jose Mercury News

The Pac-12 was set to equally distribute 15% of its annual revenue, which amounts to more than $400 million for the 2023-24 fiscal year for all 12 members. But due to ongoing litigation, any financial decisions require unanimous approval for the 12 conference members, and OSU and WSU aren’t approving those payouts — for them, or anyone else.

In a joint statement, OSU and WSU told The Mercury News: “No member acting in the Pac-12’s best interest would allow departing schools to drain the conference’s assets on their way out the door, while they refuse to pay their fair share of the liabilities.” 

Unsettled Future

The Beavers and Cougars have been making what appears to be contingency plans to operate as a two-school conference next season. The schools are exploring a scheduling partnership with the Mountain West in 2024 that would cost $14 million in fees.

The 10 departing schools allege that OSU and WSU are now abusing their power by withholding conference revenue, despite the outgoing universities’ agreement to let Pac-12 revenues be used for the MWC pact.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

NHL Breaks Attendance Record for Third Straight Season

More than 23 million hockey fans attended games this season.

UFL Dealing With Challenges Three Weeks Into Second Season

The spring football league is in its second season.
RFK

Commanders Plan $3B Return to RFK Stadium Site—With Some Opponents

A potential deal calls for a new stadium costing more than $3 billion.

WNBPA Matches NBA’s 3-Point Contest Prize. Will Caitlin Clark Join?

The 2025 WNBA All-Star weekend will be in Indianapolis.

Featured Today

Dec 9, 2024; Toronto, Ontario, CAN; New York Knicks guard Jalen Brunson (11) watches as center Karl-Anthony Towns (32) celebrates after making a three point basket to clinch a win against the Toronto Raptors near the end of the fourth quarter at Scotiabank Arena

Same Owner, New Knicks: New York’s Remarkable Rebound

The franchise’s renaissance didn’t happen overnight.
Masters
April 18, 2025

Why The Masters Quietly Cracked Down on Ticket Resellers

Insiders expect big changes are coming to ticketing at Augusta National.
exclusive
April 16, 2025

Inside Nico Iamaleava’s Ugly Breakup With Tennessee

Iamaleava’s representatives claim to FOS he didn’t push for more NIL money.
Jul 29, 2024; Villeneuve-d'Ascq, France; France center Dominique Malonga (14) and guard Marine Johannes (23) celebrate after defeating Canada during the Paris 2024 Olympic Summer Games at Stade Pierre-Mauroy
April 13, 2025

‘Has to Change’: The WNBA’s International Player Problem

As more global stars arrive, the “prioritization” rule is causing tension.
Ohio

Oregon Sues Former Running Backs Coach Over $200K Buyout Dispute

Carlos Locklyn and his former employer are fighting over his contract terms.
Apr 7, 2025; San Antonio, TX, USA; Florida Gators players hoist the trophy after defeating the Houston Cougars in the national championship game of the Final Four of the 2025 NCAA Tournament at the Alamodome.
April 17, 2025

How Florida’s Men’s Basketball Title Run Is Fueling NIL Fundraising

The collective earned more than $1 million during Final Four week alone.
Refs
April 17, 2025

College Football Cracking Down on Fake Injuries

Players have allegedly faked injuries for free timeouts and slowing opposing offenses.
Sponsored

Game On: Portfolio Players Stories, Brought to You by E*TRADE from Morgan Stanley

This week, Two-time Super Bowl Champion and CBS NFL analyst Logan Ryan joins us to talk the business of sports on our third installment of Portfolio Players.
April 16, 2025

CFB’s Record Transfer Portal Surge Hits 3,200 (and Counting)

More than 3,000 players are considering changing schools.
George Mason
April 16, 2025

Travel Agent Pleads Guilty To Scamming George Mason Men’s Basketball

The man admitted to running a college sports Ponzi scheme.
April 15, 2025

Amended House v. NCAA Settlement Proposal Does Not Adjust Roster Limits

The judge is expected to issue a final ruling within the next few weeks.
Maxx Crosby
April 14, 2025

Maxx Crosby Is First NFL Player To Make College Assistant GM Leap

Stephen Curry and Trae Young took similar basketball roles last month.