Oct 26, 2023
Oregon State and Washington State have taken the next step in their legal fight over governance of the Pac-12’s millions of dollars in assets.
The two remaining members of the conference filed a motion for preliminary injunction in their court battle against the 10 outgoing Pac-12 schools and commissioner George Kliavkoff. The motion, filed Wednesday morning in Whitman County (Washington) Superior Court, seeks an order stipulating that Washington State and Oregon State be the only voting members of the Pac-12 Board of Directors until a final judgment in the case is rendered.
As part of the motion, the two schools produced dozens of pages of documents through discovery that support their claim: that members who have withdrawn from the league lose their voting representation on the board. The claim, at the center of the case, is imperative to control of what is believed to be more than $100 million in assets coming to the conference.
In its motion, Oregon State and Washington State express fear that the 10 outgoing members, if allowed onto the board, could “out-vote” the two to dissolve the league and redistribute the millions in assets to themselves. The assets include revenue from NCAA tournament units (at least $50 million), the Rose Bowl contract (estimated at $80 million) and the value of the Pac-12 Network and its recently renovated studio.
Source: Yahoo Sports