While Washington State and Oregon State will watch the other 10 schools in the Pac-12 depart for different conferences this year, they will at least receive financial compensation in a settlement that was reportedly finalized Monday.
According to the Associated Press, the 10 departing schools finalized a settlement with Oregon State and Washington State that will pay the two remaining schools a total of $65 million in financial distributions.
That $65 million will come in multiple forms with each departing school having $5 million withheld during the 2024 fiscal year. What's more, those schools will pay an additional $1.