There's a lot of chatter on X about how The Athletic is reporting that revenue is neutral, however I think it's worth putting up the entire section from that article as it isn't clear that revenue stays neutral because of the TV deal, or if it's neutral because the MW is paying schools from its reserves (obviously not sustainable, and basically a bet that the MW gets a payout from the PAC settlement):
Financials of the deal were not disclosed, but Mountain West commissioner Gloria Nevarez confirmed that legacy conference members will not see a decrease from the previous media rights payout of around $3.5 million per year, which was promised in the grant of rights, whether the money comes entirely from the TV deal or is drawn in part from league reserves.
Here is a gift link to the full article:
For all the drama around the two conferences’ fight for members, the Mountain West and Pac-12's new TV deals are quite similar in exposure.
www.nytimes.com