Videos by OutKick
The PAC-12 will take a massive financial hit with USC leaving the conference.
It’s also caused some serious financial damage to the PAC-12.
During a University of California Board of Regents meeting Wednesday, it was revealed the PAC-12 will lose $150 million in annual media revenue with the Trojans leaving, according to Stewart Mandel.
The new media deal had been expected to be worth $500 million. With just USC leaving, the deal will drop to roughly $350 million.
It’s not clear how much UCLA leaving will cost the conference.
The financial impact of USC leaving the PAC-12 is also a huge win for the Big Ten. The Trojans and Bruins joining the B1G in a couple years is why the Big Ten’s new media deal is unbelievably big.
Remember, NBC and CBS are paying roughly $350 million for a single game a week. Not only are those networks only getting one game, neither is going to often end up with the best game.
That belongs to Fox!
The Big Ten would have had a huge media deal with or without USC and UCLA, but now, things have been taken to a different level.
The PAC-12’s loss is the Big Ten’s gain. As a Wisconsin man, I’m definitely not shedding any tears!