Exciting News! Oregon State and Washington State have finally reached an agreement with the 10 departing Pac-12 schools to settle their ongoing legal battle over control of the conference’s board and assets, the 12 universities announced Thursday.
In a joint statement, Oregon State president Jayathi Murthy and Washington State president Kirk Schulz said, “The outgoing schools have agreed to forfeit a portion of distributions over the rest of the 2023-2024 year and provide specific guarantees against potential future liabilities. The conference will also retain its assets and all future revenues.”
The 10 departing schools have expressed that ”the agreement allows OSU and WSU to maintain control of the hundreds of millions of dollars coming into the conference for future years, as we have always maintained they would, while calling for the vast majority of funds earned in 2023-24 to be distributed equally among the 12 members.”
Earlier Thursday, the West Coast Conference voted to add OSU and WSU as affiliate members in most non-football sports for the 2024-25 academic year, a WCC source said — a key step in the schools’ work to sort out short-term landing spots for their teams. Earlier this month, OSU and WSU finalized a one-year football scheduling agreement with the Mountain West for next season. Read More
