The Pac-12’s last federal tax filing from its prior existence offers myriad clues to its demise. From plunging revenue and gaudy executive pay to fiscal mismanagement and immense facility costs, the document is tantamount to an autopsy report.
Obtained by the Hotline, it reflects the conference’s finances for the 2023-24 fiscal year, when 10 schools were making departure plans and two, Washington State and Oregon State, were fighting for survival.
There’s plenty to address, so let’s start with the big numbers.