Can Washington State, Oregon State Buy Into Expansion Big 12 After Pac-12 Settlement? | Realignment

Locked On Big 12 | Daily College Football & Basketball Podcast

Oregon State and Washington State have reached a settlement with the departing members of the Pac-12 conference, effectively concluding a lengthy legal dispute over the conference's future. The settlement stipulates that the two universities will receive a total of $65 million in fiscal distributions from the departing members in 2024. This amount includes $5 million in withheld revenue and an additional $1.5 million in supplemental revenue, to be distributed through June.

Under the terms of the settlement, the departing members relinquish any voting rights or influence over the Pac-12's use, allocation, or expenditure of these funds. This grants Oregon State and Washington State autonomy in distributing the allocated funds, providing a significant advantage for the remaining Pac-12 programs as they navigate an uncertain future. Additionally, the departing members are barred from seeking to dissolve the Pac-12 without the written consent of both Oregon State and Washington State.

The settlement includes provisions to protect the remaining Pac-12 schools in the event of dissolution attempts by departing members. If a departing member moves to dissolve the conference, the remaining schools have the right to seek an injunction, with severe financial penalties imposed for such actions. Furthermore, departing members are not entitled to any revenue generated during or after 2025.

As part of their efforts to secure their future following the Pac-12's dissolution, Washington State and Oregon State have taken proactive measures. In December, both universities announced their affiliation with the West Coast Conference as affiliate members in all sports except football and baseball for the next two seasons. Additionally, the football teams have entered into a scheduling alliance with the Mountain West for the 2024 season, with an option for extension into 2025.

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