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Agreement In Principle

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"OSU and WSU Settle Legal Battle with Departing Pac-12 Schools"

Originally Published 2 years ago — by WSU News

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Source: WSU News

Oregon State University and Washington State University have released a joint statement regarding the agreement in principle recently announced by all Pac-12 universities. The departing schools have agreed to forfeit a portion of distributions and provide guarantees against potential future liabilities, while the conference retains its assets and future revenues. This agreement aims to stabilize the Pac-12 Conference and ensure that the future of the conference will be decided by the schools that are staying.