Pac-12 Signals Latest Bad News for Floundering Conference
Heartland College Sports: The Big 12 Sports Podcast
Pete Mundo
4.8 • 870 Ratings
🗓️ 24 May 2023
⏱️ 22 minutes
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| 0:00.0 | Well, this is not the kind of news the PAC-12 needed as they continue to flounder without a television contract. |
| 0:07.0 | And now one of the presidents of a PAC-12 university is saying, yeah, times are pretty tough right now. |
| 0:14.7 | And we're going to be looking very seriously at the budget. |
| 0:18.6 | I'm Pete Mundo, Heartland College Sports, is where you find us covering |
| 0:21.9 | the Big 12 conference. It's good to be here as always. So let's get right to this thing here. |
| 0:27.7 | And by the way, if you're on YouTube, if you're on the podcast, please take five seconds. |
| 0:31.6 | Hit that subscribe button. It really helps us continue to grow out the show. So here's what's |
| 0:37.4 | going on. |
| 0:38.4 | PAC 12 president, Washington State president, announced that they are going to temporarily freeze |
| 0:46.5 | all current and future vacant positions until further review, as well as put a pause on |
| 0:54.0 | non-essential travel purchases and new professional |
| 0:57.9 | development. |
| 0:59.3 | This was from Washington State President Kirk Scholes. |
| 1:03.5 | Now, why? |
| 1:04.9 | Well, because of significant decreases in Pact 12 revenue distribution as results of overpayment from one of the conference |
| 1:13.1 | media partners that must be resolved. That's of course talking about the deal that just was a |
| 1:19.1 | complete, complete debacle for the Pact 12. They paid what, $50 million over what they had to pay from the conference? |
| 1:31.4 | What was it? |
| 1:31.9 | $50 million to, oh, gosh, who was it? |
| 1:34.9 | One of their TV partners. |
| 1:36.6 | Comcast, they got host. |
| 1:39.3 | Comcast owed $50 million from Pac-12 Network. |
... |
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