March 6, 2021

Pac-12 will part ways with commissioner Larry Scott

Pac-12 commissioner Larry Scott won’t seek a new contract and has agreed to step down in June following a tumultuous 12-year term at the helm, the conference announced Wednesday night.

Scott is under contract through the summer of 2022 and will be paid for the remainder of the deal. He earns approximately $ 5.5 million per year (without pandemic reductions).

The decision followed what the conference described as “ongoing discussions” between Scott and the member schools’ presidents and chancellors.

The thunderous development means Scott will not lead the Pac-12’s media rights negotiations that are vital to the future of the conference and expected to begin in late 2022.

The Pac-12 will conduct a national search for his replacement.

Whether the next commissioner comes from college sports or from the sports media industry – that’s a decision for the presidents – Scott’s successor will inherit a conference struggling financially and competitively.

“We appreciate Larry’s pioneering efforts in growing the conference by adding new competitive university programs and accelerating the Pac-12 to television network parity with the other conferences,” Oregon president Michael Schill, head of the Pac-12’s CEO Group, said in the news release.

“At one point, our television agreement was the most lucrative in the nation and the debut of the Pac-12 Network helped deliver our championship brand to US and global markets on traditional and digital platforms.

“That said, the intercollegiate athletics marketplace doesn’t remain static and now is a good time to bring in a new leader who will help us develop our go-forward strategy.”

The news of Scott’s departure was first reported by the Sports Business Journal.