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.
The financial results are out for the 2022-23 fiscal year for the Pac-12. You can check out the league’s figures below. https://t.co/9GBOSJmfK8
The Pac-12 has released its financial results from the 2022-23 fiscal year. A few numbers from the release: - $604M in revenues - $140.3M in total expenses - $403.6M in distribution The league also pulled in just shy of $60 million in net revenues over expenses. https://t.co/R09Lt5ZVoN
The Pac-12 had a record total revenue of $604 million during the 2022-23 fiscal year. Total distributions to the institutions were $404 million (approximately $33.7 million per school) “We are pleased to have generated record revenues for our members,” said Pac-12 commissioner…
The Pac-12 Conference had a record total revenue of $604 million during the 2022-23 fiscal year. Total distributions to the institutions were $404 million (approximately $33.7 million per school) “We are pleased to have generated record revenues for our members,” said Pac-12…
The financials you have all been waiting for with the PAC-12 https://t.co/6fZ7pqBGeb
Pac-12 releases financials… total revenues of $604M. Total distributions to the institutions are $404M. https://t.co/GqXfpjRRHL
Pac-12 tax filings: Revenue jumps in FY23, but Comcast mess wallops campus distributions https://t.co/AmCLQUkwPH
The Pac-12 is dying. What will happen to its conference records? https://t.co/BtV104B3nc
Big Ten outpaced SEC with $880 million in revenue for 2023 fiscal year with most schools getting $60.5 million https://t.co/4WxKFhAkDz
NEWS: The Big Ten saw revenues jump by more than $34M in 2023, but its expenses rose by more than $46M, according to the league’s 2023 fiscal year tax filing. The $17.56M shortfall marked the third consecutive year the league reported a deficit. https://t.co/8MQELy2NUN