Pac-12 Shares Record Financial Results From 2022-23 Fiscal Year

May 23, 2024, 12:42 PM

Pac-12, Annual Revenue, Logo...

The Pac-12 announced record revenues for the 2021-22 academic year.

SALT LAKE CITY – The Pac-12 Conference as we currently know it is coming to an end in the very new future, but before that takes place, the league shared their financial results from the 2022-23 fiscal year.

The good news for the conference before its 12 members go their separate ways, is they produced a record revenue year, bringing in total revenues of $604 million that equated to $404 million distributed to the member schools.

The equity value of the Pac-12’s full ownership of its Pac-12 Networks is not included in reported results.

Some Additional Numbers From The Pac-12’s 2022-23 Fiscal Year

Additionally, the league reported revenues of $494 million with net operating expenses of $58 million while the Pac-12 Networks reported revenues of $110 million with net operating expenses at $83 million.

You can check out the Pac-12’s web release for a full breakdown of the figures.

Pac-12 Commissioner Teresa Gould‘s Statement On League’s Financial Figures

“We are pleased to have generated record revenues for our members,” Gould said. “These revenues are used by our campus athletic departments to provide invaluable support to our over 7,000 student-athletes annually and to fulfill our mission to develop the next generation of leaders.”

The Pac-12 Prepares To Say Good-Bye

109 years of history is about to come to an end this summer as various members of the Pac-12 move to different conferences.

USC, UCLA, Washington, and Oregon will all move on to the Big 10 Conference as Stanford and Cal move to the ACC.

Colorado, Arizona, Arizona State, and Utah all move to the Big 12.

Oregon State and Washington State will be the lone remaining members of the Pac-12 heading into the 2024-25 competitive season.

Michelle Bodkin is the Utah Utes Insider for and host of both the Crimson Corner Podcast (SUBSCRIBE) and The Saturday Show (Saturday from 10 a.m.–12 p.m.) on The KSL Sports Zone. Follow her on XInstagram, and Threads: @BodkinKSLsports

Are you on Threads yet? Let’s connect, give us a follow @kslsports

Download the new & improved KSL Sports app from Utah’s sports leader. You can stream live radio, video and stay up to date on all of your favorite teams.

  • Utah Utes Scoreboard

  • Utah Utes Team Leaders

  • Utah Utes Standings

College Sports

University of Utah linebackers coach Colton Swan during the first day of fall camp on Wednesday, Ju...

Michelle Bodkin

Utah Football 2025 Recruiting Class Continues To Roll With 4-Star Linebacker Commitment

Visiting season has been kind to Utah football with the Utes receiving another commitment from four-star linebacker Christian Thatcher.

2 hours ago


Michelle Bodkin

Utah Quarterback Cam Rising Gives Back To Second Home In Big Way

Cam Rising and Utah football put together a two-day camp to give back to the state of Utah and the fans that support them.

1 day ago


Jeremy Mauss

Mountain West Open To Private Equity, Naming Rights For Conference

Mountain West commissioner Gloria Nevarez joined JJ & Alex to discuss how her league looks to bring extra revenue to the conference.

1 day ago


KSL Sports

60 in 60: #53 Utah State’s Avante Dickerson (Cornerback)

The countdown is on for Hans & Scotty’s 60 in 60 for the 2024 college football season. Coming in at No. 53 USU cornerback Avante Dickerson.

2 days ago

BYU Basketball, Max Triplett, Snow College...

Mitch Harper

BYU Basketball Adds Snow College Transfer To Frontcourt

BYU basketball picked up a commitment from Max Triplett out of Snow College.

2 days ago


Dave Skretta, AP

Ex-Illinois Star Terrence Shannon Jr., Potential First-Round NBA Draft Pick, Not Guilty Of Rape

Former Illinois standout Terrence Shannon Jr., a potential first-round NBA draft pick, was found not guilty Thursday on a rape charge.

2 days ago

Sponsored Articles


KSL Sports

Utah Hockey Newsletter: Sign Up Now

Want to get the latest info on Utah's newest sports franchise? Sign up for the Utah Hockey newsletter!

Hans & Scotty's Day of Adoption...

Hans & Scotty’s Day Of Adoption

Join the KSL Sports Zone for Hans & Scotty's Day of Adoption, in partnership with the Humane Society of Utah, on June 25th, 2024!


KSL Sports

KSL Sports Newsletter: Sign Up Now

Sign up today for the KSL Sports newsletter. Get the latest Utah sports news delivered to your inbox.


KSL Sports

Jazz Notes Newsletter: Sign Up Now

Sign up today for the Jazz Notes newsletter. Get insider analysis, game recaps and opportunities to win tickets!

3 kids wearing real salt lake jerseys smiling...

Real Salt Lake

6 Reasons You Need to Experience a RSL Matchday

RSL Games are a great way to spend time with your family with fun activities, good food, and traditions you can only experience at the field.

High angle view of the beautiful Rose Bowl Stadium...

KSL Digital Sales

How to Prepare for the 2023 Rose Bowl

Everything you need to know to plan your 2023 Rose Bowl trip in Pasadena, California. This year, the Utes will face Penn State.

Pac-12 Shares Record Financial Results From 2022-23 Fiscal Year