PAC 12

June 16th, 2019 | by CollegeAD
PAC 12
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In the ensuing eight years, Pac-12 Networks has underperformed financially, distributing an average of $2.8 million last year to its members, per reports. The football product, which earns the most viewership by far, has struggled, missing out on the College Football Playoff in three of the past five years. Scott himself has received a mountain of criticism from fans, with college administrators also lobbying barbs. Former Washington State athletic director Bill Moos last year went as far as to publicly question Scott’s spending habits. Scott believes a passive private equity investment could ease the financial pressure. In January, the conference announced it had hired The Raine Group, an investment bank specializing in large-scale sports media transactions, to sell a 10% equity stake in the conference and its TV network through a holding company for $500 million. -Adam Lewis, pitchbook. Read More.

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