⚡ CFB Dashboard

Pac-12's new tax return shows devasting fallout after everyone but OSU, WSU left . <--Link " The Pac-12 Conference has filed its first federal tax return as a two-member league – a document that shows just how badly it was decimated by college football realignment in 2024 after the departure of 10 schools to other conferences. The numbers in it are jarring but also a reminder that this is a league that is building back up soon with seven incoming full members in 2026. " . . . "Severance pay for former commissioner George Kliavkoff Former Pac-12 commissioner George Kliavkoff parted ways with the league in February 2024 and was replaced by new commissioner Teresa Gould. Kliavkoff earned $6.1 million in compensation in fiscal 2025, which makes him the highest paid commissioner in college sports for that year. But that’s only because it includes about $5 million in severance pay, according to the tax return. Gould earned $1.4 million in her first full year as commissioner. By comparison, Southeastern Conference commissioner Greg Sankey earned $4.8 million in fiscal 2025." . . . "The Pac-12 spent $31.6 million on ‘special projects’ This included $10.5 million to the Mountain West Conference for “administrative services” when the Pac-12 had a scheduling agreement to play Mountain West teams in the 2024 football season. The league said this money also was used to set up and build the new Pac-12 after the departure of Oregon, Washington, UCLA and USC to the Big Ten, Colorado, Arizona, Arizona State and Utah to the Big 12, plus Stanford and Cal to the Atlantic Coast Conference." The article contains more than above.