Pac-12 revenue drops, but school payouts rise

NCAAF

Pac-12 revenue fell by $12 million in 2018 to $497 million because the conference could not make up for lost Rose Bowl revenue from when the game hosted a College Football Playoff semifinal after the 2017 season.

Payouts to member schools rose 5 percent to $31.2 million each as conference distributions included money held back from Rose Bowl payments in the previous two years.

After its spring meetings concluded Monday, the Pac-12 released its latest financial records and announced that its university presidents had approved three measures:

– Standardizing nonconference schedules in men’s basketball to avoid weaker opponents;

– Eliminating the year of lost eligibility for athletes who transfer within the conference;

– Extending by five years the $3.6 million in annual funding to the conference’s Student-Athlete Health & Well-Being Initiative

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