Overview

• The Pac-12 reported $566.6 million in revenue and $543.4 million in expenses for FY2024, reflecting a 6.2% revenue decline from the previous year.
• Legal expenses reached $11.8 million, the highest ever disclosed by a collegiate athletic conference, driven by antitrust lawsuits, governance disputes, and wrongful termination claims.
• Departing schools received $30 million each, while Oregon State and Washington State received $46.5 million each under a settlement finalized in early 2024.
• Former commissioner George Kliavkoff earned $3.63 million in 2023, while the conference reduced staff from 190 to 30 employees and spent $57.3 million on salaries and benefits.
• The Pac-12 Networks, which shut down in June 2024, reported $80 million in revenue and $94 million in expenses, with $25 million spent on a new production facility in San Ramon.