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The Pac-12’s last federal tax filing from its prior existence offers myriad clues to its demise from plunging revenue and gaudy executive pay to fiscal mismanagement.
Pac-12 tax filings for FY2024 show revenue drop, cash for WSU and OSU, Kliavkoff’s salary, massive relocation costs The Comcast overpayment scandal took a two-year toll on Pac-12 Networks revenue.
Three of the Power Five conferences reported a decrease in revenue during the 2024 fiscal year, according to SEC, Big 12 and Pac-12 federal tax records. advertisement. USA TODAY Sports.
The Cougars were the only Pac-12 legacy school to spend less in FY2024 than the previous year, with the football program’s operating budget dropping 20 percent, from $25.3 million to $20.3 million.