Pac-12 Commissioner Larry Scott and the league's CEO group have mutually agreed to terminate his contract one year ahead of schedule, the conference announced Wednesday night, ending his nearly 12-year tenure with the league which coincided with a series of dramatic changes across the national landscape of college sports. Here is part of the statement released by the PAC 12:
“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,” said Schill. “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.”
Scott's contract, which paid $5.4 million during the 2018 calendar year, the most recent year available according to tax records, was set to expire in June 2022.
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