• Thu. Jun 13th, 2024

Jodd News

Breaking news

Oregon and Washington formally depart from the Pac-12 to join the Big Ten conference.Oregon and Washington formally depart from the Pac-12 to join the Big Ten conference.

Oregon and Washington formally depart from the Pac-12 to join the Big Ten conference.

Publish – 5 aug , 2023

Oregon and Washington have officially sealed the deal to become members of the Big Ten conference, commencing from the 2024-25 season. This significant move further diminishes the Pac-12’s strength and raises questions about the conference’s future.

The applications for membership were formally submitted by the schools on Friday, and they received approval through a Big Ten vote held later on the same day.

Big Ten commissioner Tony Petitti expressed his enthusiasm, stating, “We are thrilled to welcome the University of Oregon and the University of Washington to the Big Ten Conference. We eagerly anticipate forging enduring relationships with the universities, administrators, staff, student-athletes, coaches, and fans.”

Petitti also emphasized that both Oregon and Washington possess an exceptional combination of academic and athletic excellence, making them an ideal fit for the Big Ten’s future.

 

The financial details of the move remain unclear at present, but it has been confirmed that both Oregon and Washington will receive only a partial share of the conference allotment throughout the duration of the upcoming television deal, which is set to run until the 2029-30 school year.

This move will expand the Big Ten to include 18 schools, with a new western wing comprising USC, UCLA, Oregon, and Washington starting from 2024. Interestingly, none of these schools will be required to pay an exit fee due to the expiration of the Pac-12’s television deal.

The departure of Oregon and Washington from their century-old conference, the Pac-12, has put the latter in a state of uncertainty. According to sources at ESPN, Arizona has already applied for and been granted admission to the Big 12, though the finalization of this deal is pending. Additionally, on Friday, both Utah and Arizona State also applied for formal membership in the Big 12, as per insider sources.

Oregon and Washington formally depart from the Pac-12 to join the Big Ten conference.
credit – (AP Photo/Andy Nelson)

Oregon and Washington formally depart from the Pac-12 to join the Big Ten conference.

As the Pac-12’s television deal approaches its expiration after the 2023-24 school year, the conference finds itself facing significant challenges. The recent departure of Colorado, along with the impending loss of Oregon and Washington, as well as the expected exit of Arizona, has left the league severely depleted.

Looking ahead, the Pac-12 is left with just a handful of certain members, including California, Stanford, Oregon State, and Washington State. However, adding Mountain West programs to the conference in 2024 is not a viable option due to the hefty $32 million exit fee per Mountain West school before the start of the 2025 football season.

While Oregon and Washington’s move to the Big Ten is expected to have long-term financial benefits, the immediate gains are not substantial. The deal with the Big Ten is projected to escalate annually, but it currently only offers about half of what the other 16 teams in the conference are anticipated to receive. Nonetheless, sources indicate that these payouts will grow progressively each year and could eventually become competitive with, or even surpass, the earnings of conferences like the Big 12 and ACC.

The exact full-share amount in the Big Ten is still uncertain, as their long-form television contract is not finalized, and various factors, such as College Football Playoff revenue and NCAA tournament units, are yet to be accounted for. A reasonable projection suggests that it could be around $70 million per year.

As the numbers from the Big Ten are being analyzed, the Pac-12 is grappling with the ambiguity surrounding the revenues it received from its stream-heavy deal with Apple. This deal included subscription incentives that needed to be met for the member schools to earn significant revenue.

Following a brief Pac-12 presidents’ call that lacked confidence in moving forward with the primary streaming deal, the Big Ten, Oregon, and Washington engaged in intense discussions on Friday morning to address the situation.

Oregon and Washington formally depart from the Pac-12 to join the Big Ten conference.
Oregon and Washington formally depart from the Pac-12 to join the Big Ten conference. / credit – (AP Photo/Andy Nelson)

“The University of Oregon recognizes the significant advantages in stability and exposure that come with joining the Big Ten, and we express our gratitude to the Big Ten presidents and chancellors for accepting our application,” stated Oregon AD Rob Mullens. “We eagerly anticipate the opportunity for our student-athletes to compete in a conference that boasts some of the nation’s finest athletic programs across all sports.”

Washington AD Jennifer Cohen also conveyed appreciation for the Pac-12’s esteemed history and traditions while explaining their decision to join the Big Ten. “The college athletics landscape has evolved considerably in recent times,” Cohen remarked. “We hold deep respect and gratitude for the Pac-12, but the Big Ten’s track record of athletic and academic success, as well as its long-term stability, aligns perfectly with our vision for future success. We are invigorated by the prospect of competing at the highest level against some of the country’s premier programs.”

This move catapults the Big Ten to become the first major conference with 18 teams, further signaling a trend towards superconferences in college sports. The SEC will soon debut as a 16-team conference with Texas and Oklahoma joining in 2024, coinciding with the Big Ten’s expansion to the West Coast. Additionally, the Big 12 has reached 13 teams, and there is potential for further growth in the future.

Oregon and Washington’s inclusion represents a strong addition to the Big Ten, particularly in football, given their past participation in the College Football Playoff. They will join the ranks of Ohio State, Michigan State, and Michigan as teams with CFP experience within the conference.

By admin

One thought on “Oregon and Washington formally depart from the Pac-12 to join the Big Ten conference.”

Leave a Reply

Your email address will not be published. Required fields are marked *