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Pac-12 just signed 5-year CBS deal worth $12 million per school annually

The rebuilding Pac-12 just secured a lifeline that could define the future of college athletics on the West Coast. After months of uncertainty following massive realignment, the conference locked in a five-year media rights deal with CBS that guarantees prime-time exposure and financial stability for its remaining members. This isn’t just another media contract—it’s a […]

The rebuilding Pac-12 just secured a lifeline that could define the future of college athletics on the West Coast. After months of uncertainty following massive realignment, the conference locked in a five-year media rights deal with CBS that guarantees prime-time exposure and financial stability for its remaining members.

This isn’t just another media contract—it’s a strategic gamble that could either resurrect college football’s most storied western conference or serve as its final chapter.

The financial foundation for survival

Industry analysts project this CBS partnership will deliver $7 million to $12 million per school annually, a significant drop from the Pac-12’s previous media deals but crucial revenue for Oregon State and Washington State, the conference’s sole remaining members.

John Canzano of The Seattle Times suggests the deal could reach $10-12 million per school, while other projections range from $7-10 million. These figures represent the financial floor the Pac-12 needs to attract new members and compete for talent.

The five-year contract runs from 2026 through 2031, strategically timed to coincide with the expiration of the Mountain West’s CBS and Fox deals.

Prime-time exposure guarantees credibility

CBS committed to broadcasting a minimum of three regular-season football games and the conference championship game on its main network. The deal also includes at least three men’s basketball games plus the conference tournament championship.

CBS Sports Network will provide consistent regular-season coverage for both sports, while all CBS broadcasts will stream simultaneously on Paramount+. This dual-platform approach ensures maximum visibility across traditional and digital audiences.

The Apple Cup between Washington and Washington State on September 20 will showcase this partnership’s potential, airing on both CBS and Paramount+.

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Linear television remains king

While other conferences chase streaming-only deals, the Pac-12’s CBS partnership prioritizes linear broadcast exposure. This decision reflects hard-learned lessons from the failed Pac-12 Network experiment that buried games behind paywalls.

Network television exposure remains crucial for recruiting, fan engagement, and maintaining relevance in college sports’ rapidly evolving landscape. NBC’s College Football broadcast strategy demonstrates how traditional networks continue investing heavily in college athletics.

Expansion strategy built into the framework

The CBS deal includes provisions for adding an additional football-playing, all-sports member, with Texas State emerging as the primary candidate. This flexibility suggests the Pac-12 views this contract as a foundation for growth, not merely survival.

Conference realignment continues reshaping college athletics, and this deal positions the Pac-12 to capitalize on future opportunities. The College Football Playoff format gridlock creates additional uncertainty that could benefit conferences with stable media partnerships.

Texas State’s potential addition would bring geographic diversity and market expansion while maintaining the conference’s commitment to comprehensive athletic programs.

Strategic timing advantages

By securing this deal now, the Pac-12 avoided the scramble that often accompanies conference realignment periods. The 2026 start date allows current members to fulfill existing obligations while providing time to finalize expansion plans.

This timeline also aligns with broader industry shifts, as other conferences evaluate their own media partnerships and playoff implications become clearer through formats like the ideal 16-team playoff structure.

Reading between the lines of survival

This CBS partnership represents more than financial necessity—it’s a declaration that the Pac-12 intends to compete rather than fade into college athletics history. The deal provides the stability needed to recruit both student-athletes and potential conference members while maintaining the visibility that defines major college sports.

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Whether this media rights foundation can support a true conference revival remains the ultimate test of West Coast college athletics’ resilience.

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