01-16-2020, 04:37 PM
Just so everyone's on the same page, here are the latest Pac-12 financials:
https://pac-12.com/article/2019/05/20/pa...al-results
Total conference revenue is $496 million, of which $127 million comes from the Pac-12 nets.
Total conference and network expenses, excluding the payments to the member schools, is $140.6 million.
Salaries and wages of the trustees and key employees (which I assume includes Larry Scott) is $7.5 million, or about 600k per school. Occupancy, which I assume is the rent for all the buildings, is $8 million. There is money to be made from cutting costs there, but we are probably talking at most a few million total, which would be a few hundred thousand per school. The biggest single category is other salaries and wages, which amounts to $26 million and depreciation ($32 million), as well as technology for the Pac-12 nets ($10 million).
I agree that the Pac-12 offices and nets should move out of SF, and that compensation to the commissioner should be cut. But I'm also a realist that this will not magically improve the financial position of the Pac-12.
BC
https://pac-12.com/article/2019/05/20/pa...al-results
Total conference revenue is $496 million, of which $127 million comes from the Pac-12 nets.
Total conference and network expenses, excluding the payments to the member schools, is $140.6 million.
Salaries and wages of the trustees and key employees (which I assume includes Larry Scott) is $7.5 million, or about 600k per school. Occupancy, which I assume is the rent for all the buildings, is $8 million. There is money to be made from cutting costs there, but we are probably talking at most a few million total, which would be a few hundred thousand per school. The biggest single category is other salaries and wages, which amounts to $26 million and depreciation ($32 million), as well as technology for the Pac-12 nets ($10 million).
I agree that the Pac-12 offices and nets should move out of SF, and that compensation to the commissioner should be cut. But I'm also a realist that this will not magically improve the financial position of the Pac-12.
BC
