The Pac-12 released its federal tax filings Monday, as it always does this time of year. Unlike previous instances, however, the conference included bonus material to lend transparency to the state of its finances.
The highlights from the unveiling, which covered the 2018 fiscal year (full breakdown on key topics below):
* The Pac-12 generated $497 million in revenue, a year-over-year decline of 2.35 percent that the conference attributed to the nature of its contract with the Rose Bowl.
*** Distributions to the schools were $29.5 million (on average) based on IRS reporting procedures and $31.