re: The Pac 12 network is a disaster

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ver a four-year period, for example, UCLA had $5.6 million “carved out” of a larger sponsorship deal with IMG as compensation for the loss of its TV rights, according to a school official.

Back that figure out of the $9.7 million distributed to each campus by the Pac-12 Networks, and the Bruins have received $4.1 million in net revenue. That’s an average of $683,333 per year over six years of the networks.

Cal reported a bigger hit over a longer buy-back process, reimbursing IMG to the tune of $7.1 million over five years.

Remove that from the Pac-12 Networks’ payout, and the Bears have received an average of $433,333 in net annual revenue — or 1/20th of the amount in the high range of the scenario presented to athletic directors.


But at least Cal and UCLA are finished with the buybacks.

Oregon State must compensate Learfield $1 million annually through 2022 for the repurchase of its local TV rights.

Carve $6 million out of OSU’s total payout thus far from the Pac-12 Networks, and the Beavers are left with an average of $616,000 per year in net distributions.

To put that figure in context with the cost of doing business in major college athletics consider this:

OSU defensive coordinator Tim Tibesar was paid $550,000 last season.

“When you’re trying to measure the true cost associated with the decision to do (the Pac-12 Networks),’’ a conference source said, “the buy-backs are not insignificant.”

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