Official financial statements from Pac-12, verified financial news reports

Pac-12 Reports Record $604M Revenue, $404M Distributions Amid Comcast Issues

May 23, 2024, 06:04 PM

The Pac-12 Conference has reported a record total revenue of $604 million for the 2022-23 fiscal year. Total distributions to the institutions amounted to $404 million, approximately $33.7 million per school. Despite the record revenue, the conference faced significant challenges, including a substantial impact on campus distributions due to issues with Comcast. The total expenses for the fiscal year were $140.3 million, resulting in net revenues just shy of $60 million over expenses. Pac-12 Commissioner expressed satisfaction with the financial performance, highlighting the record revenues generated for the member institutions.