Pac-12 reports FY21 finances: COVID crushes revenue, distributions sink as schools absorb testing costs
A once-in-a-century pandemic resulted in a once-in-a-decade revenue hit for the Pac-12 and its member universities. The conference on Friday reported $344 million in revenue for the 2021 fiscal year, according to federal tax filings provided to the Hotline in response to a request. That figure constitutes the lowest revenue total for the Pac-12 since…
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