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The Colorado Buffaloes will depart the Pac-12 Convention and rejoin the Massive 12 Convention in 2024, it was announced on Thursday.
“After cautious thought and consideration, it was decided {that a} change in convention would give CU Boulder the steadiness, sources, and publicity needed for long-term future success in a university athletics surroundings that’s always evolving,” Chancellor Philip DiStefano and Athletic Director Rick George mentioned in an announcement. “The Massive 12’s nationwide attain throughout three time zones in addition to our shared inventive imaginative and prescient for the long run we really feel makes it a superb match for CU Boulder, our college students, school, and alumni.
“These choices are by no means straightforward and we’ve valued our 12 years as proud members of the Pac-12 Convention. We sit up for attaining new objectives whereas embarking on this thrilling subsequent period as members of the Massive 12 Convention.”
Colorado was a member of the Massive 12 Convention from 1996 via the 2010 season earlier than they left for the Pac-12 in 2011.
“I wish to thank the Pac 12 Convention for the house it has supplied to CU athletics for greater than a decade,” College of Colorado President Todd Saliman mentioned. “We sit up for sustaining the various partnerships developed with our Pac 12 colleagues. The panorama of collegiate sports activities is ever-evolving, and the College of Colorado Boulder has decided the Massive 12 is the very best future match for our athletic groups.
“The transfer is nice for our student-athletes and the college. It would assist advance our dedication to supporting CU student-athletes of their educational and athletic pursuits in future years. I sit up for an ideal season forward for all our groups.”
Information of Colorado rejoining the Massive 12 Convention was first reported by Brett McMurphy of Action Network on Wednesday. In keeping with the report, Colorado is returning to the Massive 12 as a result of “…the Massive 12’s stability below commissioner Brett Yormark; a extra profitable monetary outlook within the Massive 12; the uncertainty of the Pac-12’s future with out USC and UCLA; and the shortcoming of Pac-12 commissioner George Kliavkoff to safe a brand new Grant of Rights deal up to now 12 months.”
Colorado will stand to enhance its monetary place with the transfer again to the Massive 12, per the report:
Within the Massive 12, Colorado will obtain $31.7 million yearly in media rights income (not together with different league income from School Soccer Playoff, and so on.) as soon as the Massive 12’s new six-year, $2.3 billion Grant of Rights take care of ESPN and FOX begins in 2025, sources mentioned. That’s the identical quantity every Massive 12 member will obtain.
In 2024, Colorado additionally will obtain a full Massive 12 income share, together with media rights and different league income, estimated to be about $42 million, a supply mentioned.
Massive 12 Commissioner Brett Yormark launched a brief, easy assertion following Colorado’s reacceptance into the league.
“They’re again,” Yormark mentioned.
The 2023 season would be the final for Colorado within the Pac-12 and it’ll even be the primary below the management of head coach Deion Sanders, aka Coach Prime.
Future Colorado Soccer Schedules
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