Report estimates financial impact of USC, UCLA departures had on new Pac-12 media deal

Everyone knows that losing USC and UCLA was going to have a huge impact on the Pac-12 media deal. Now, there is a numerical value to it per Stewart Mandel of The Athletic.

A report was presented by the UC Board of Regents on Tuesday detailing the impact that the departure is going to have on the deal. The new deal was estimated at $500 million per year, and will now be estimated at $350 million per year. UCLA is losing $10 million a year alone.

This report estimates that USC represented 30 percent of the Pac-12’s media rights. New TV deal was estimated at $500M./yr. So USC’s departure dropped it to estimated $350M, a loss of $10M per year for UCLA and Cal.

— Stewart Mandel (@slmandel) August 17, 2022

It can hard to recover from losing 2 programs like USC and UCLA. It’ll be interesting to see what else comes out from the report in the coming days.