Oregon State paints ‘devastating’ financial picture, Oregon says move to Big Ten adds ‘stability and visibility’ at legislative hearing
During a public hearing before the House Interim Committee On Higher Education, school presidents and athletic directors detailed how the implosion of the Pac-12 — and Oregon’s defection to the Big Ten — will impact the schools and their athletic departments moving forward.
www.oregonlive.com
During Friday’s hearing in Salem, Oregon State President Jayathi Murthy said the “consequences” of the Pac-12′s collapse will be “devastating” for Oregon’s largest university, causing a $42 million budget shortfall created, mostly, by a loss of television revenue...
Conversely, Oregon President Karl Scholz said the university bolted from the Pac-12 to remain financially stable and self-sufficient.