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Tuesday, September 12, 2023

Pac-12: Who gets what and what is there to get?

Of the original twelve members of the Pac-12, all but two are leaving. The leavers include UCLA and UC-Berkeley. Remaining are Oregon State and Washington State. So, after this year, what happens to the Pac-12's assets? The remaining two are now arguing in court that the leavers should have no say from now on in what happens. And they are seeking a temporary restraining order preventing the leavers from taking any action to dissolve what will remain of the Pac-12. The court filing talks about the revenues and distributions for this year. But it doesn't say what assets remain, other than a reference to a TV network. But there must be something of value left or at least the remaining two think there is some value in either continuing the organization or having control over what happens.

Inside Higher Ed has a story about the filing, including links to legal documents at:

https://www.insidehighered.com/news/students/athletics/2023/09/11/oregon-state-washington-state-sue-over-future-pac-12-league.

But the story doesn't answer the value-of-assets question. 

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