Oregon State and Washington State announced Thursday they have reached an agreement with 10 departing Pac-12 schools on revenue distribution for 2023-24 that puts an end to a legal battle sparked by conference realignment.
Last week, Oregon State and Washington State were given control of the Pac-12 and assets when the state Supreme Court of Washington declined to review a lower court’s decision to grant the schools a preliminary injunction.
Financial terms of the settlement were not released, but in a joint statement Washington State and Oregon State said the departing members will forfeit a portion of distributions for this school year and guarantees to cover a specific portion of “potential future liabilities.”
