Outgoing commissioner Tom Hansen told the Orange County Register that the creation of a Pac-10 network is a top priority. The reason, of course, is money. The Pac-10, which reported gross receipts of $88.78 million for the 2007 fiscal year, is taking a financial backseat to other Bowl Championship Series conferences.
In 2007, the Big Ten reported gross receipts of $177.4 million and the Atlantic Coast Conference $162.4 million. The Southeastern Conference reported $149.1 million and the Big 12 $119.2 million. The newspaper did not provide data for the Big East, but according to the National Center for Charitable Statistics, the league reported $78.4 million.
The Pac-10's contract with Fox Sports runs through 2012, but Hansen said that if the league "were to partner with [Fox] we could advance that and go to a new model."
That would mean an arrangement similar to the one shared by the Big Ten and Fox, where the league owns 51% of the Big Ten Network, Fox 49%.
Pac-10 officials were briefed on their TV options last week in Phoenix.
How bad are the Pac-10's current TV contracts? The league receives approximately $43 million annually from its television deals with Fox and ABC/ESPN. The Big Ten received $66-million from the Big Ten Network alone in 2008.
Thanks to Image of Sport.