By John Canzano, Bald Faced Truth:
In late 2018, the sitting Pac-12 commissioner Larry Scott presented his bosses with a wild idea. He wanted to go “Shark Tank” and sell an equity stake in the Pac-12 Conference.
The conference members needed a cash infusion. Their media rights agreement was outdated and delivered each Pac-12 member $10 million-a-year less than their peers in the SEC and Big Ten.
Read the full story…
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