The Pac-12 is back (sort of)! What to know about the latest round of conference realignment
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Kyle Bonagura, ESPN Staff Writer
In a surprising move Wednesday night, news emerged that Boise State, Colorado State, Fresno State and San Diego State will leave the Mountain West Conference to join Oregon State and Washington State in the Pac-12 prior to the 2026-27 academic year.
This latest round of conference realignment stems from the collapse of the Pac-12 last summer, which was put into motion the year before when UCLA and USC announced they were leaving for the Big Ten.
Here’s what to know about the moves.
Jump to:
What set this in motion? | Finances
Value of the conference | What other schools could join?
What’s next for the Mountain West
What set this in motion?
When Oregon State and Washington State sued the Pac-12 last year for control of the conference board in the wake of eight schools departing, they spelled out in legal filings that they wanted to be able to rebuild the conference. That didn’t mean they definitely planned to execute such a plan. But it has always been an appealing option, even if it was going to be complicated to pull off.
The NCAA requires conferences to have at least eight members, and after the Pac-12 fell apart, it was afforded a two-year grace period to exist below the minimum. That timeline informed how quickly the conference had to move in order to continue to exist.
What do the financials look like?
This is part of why several sources within the industry were doubtful this particular path forward was likely. The way the MWC bylaws are written, departing schools must pay an $18 million exit fee if they give two years’ notice. That number doubles if it’s less than that. The departing schools here expect to owe $18 million each, which is more than $70 million collectively, plus the $40-plus million the Pac-12 will owe the Mountain West in poaching fees that were part of the conferences’ scheduling agreement for this season.
The idea that the Pac-12 (OSU and WSU) and the schools leaving the MWC would commit that type of money was dismissed by many within the industry. Over the past year, multiple sources referred to those fees as a nonstarter for this type of rebuild. Obviously, they were mistaken.
The Pac-12 is expected to be in position to help the schools with the exit fees, in part due to withheld media rights distribution fees to departed members and other conference assets.
How valuable will the new conference be worth to media rights partners?
Here’s where it gets even more interesting. These six schools would not have paid the MWC more than $100 million just to get to this point if they did not feel confident the potential for increased media rights payments would make it worth it on the back end. Keep in mind, too, that it’s likely the MWC will try to withhold media rights distributions for the departing schools over the next two years, as it did when BYU, TCU and Utah all left in 2011 and was set to be the case when San Diego State previously flirted with a move to the Pac-12 last year.
The departing schools are expecting to receive somewhere in the neighborhood of $10 million annually in the Pac-12, a number provided to the schools by Navigate, a private sports consulting firm hired by the conference. How accurate that projection is remains to be seen, but it would roughly double what the MWC currently distributes.
Who else will the Pac-12 target?
It will likely aim high and move down the list. Cal and Stanford are the dream acquisitions, but making that happen would be extremely complicated given they just went to the ACC, which is a party in four lawsuits relating to the potential departures of Clemson and Florida State. It’s worth wondering, though, if Cal and Stanford might have any remorse about their decisions to join the ACC given they are receiving just a 30% share of the league’s media rights distributions over the next seven years (in 2022-23, the ACC distributed an average of $44.8 million per school). While the ACC schools are closer academic peers than what the revamped Pac-12 will look like, how much that really matters in the big picture is up for debate.
The more realistic targets are Tulane and Memphis. But those two will need a much clearer understanding of the financial picture to leave the AAC than the threshold used by the four MWC schools. There would be appeal in building the top football league outside the Power 4, but it would still have to make financial sense. UTSA‘s location makes it a good fit.
Among the remaining MWC schools, UNLV is still viewed as a likely candidate to also move. It checks all the boxes, but that it wasn’t in this first wave is telling. The MWC’s position is much weaker today than it was yesterday, and that could be used as leverage to bring in UNLV — or other MWC schools — at smaller yearly distribution rates, a la Cal and Stanford in the ACC. Air Force figures to be the other MWC school that has the most appeal.
What’s next for the Mountain West?
As things stand, its membership will be at eight in two years: Air Force, Hawai’i, Nevada, New Mexico, San José State, UNLV, Utah State and Wyoming. One more defection would take the conference below the required NCAA minimum for which it — like the Pac-12 has now — would get a two-year grace period to grow back to at least eight.
There had been previous speculation that members could try to dissolve the conference — a process that requires a 75% vote — in order to avoid exit fees to join the Pac-12, but that would mean nine teams would have had to be on board. It’s even less likely now given the departing members are not expected to be able to vote.
The money from the Pac-12 raid could help the conference rebuild — using the Pac-12 blueprint — but it’s still too early to say what it will look like long term.
AMES, Iowa — No. 14 Iowa State‘s secondary will be without longtime starters Jontez Williams and Jeremiah Cooper for the rest of the season because of knee injuries.
Coach Matt Campbell announced Tuesday that Williams damaged the ACL in his right knee late in the Cyclones’ 39-14 win over Arizona on Saturday. Cooper tore his ACL in practice last week. The two have combined for 55 starts.
Williams, an Associated Press All-Big 12 second-team pick in 2024, had one interception and two pass breakups this season. He was hurt with three minutes left against Arizona as he dove in an attempt to knock a ball away from a receiver.
“So that’s a situation that really stinks for the kid,” Campbell said. “But man, just how he’s handled it has been uber impressive. And a great human. He’ll be back ready to rock and roll next year.”
Cooper has made 36 starts since 2022 and was an AP All-Big 12 first-team pick at safety in 2023. He switched to cornerback full time this season and had an interception and three pass breakups through four games.
Tre Bell, a transfer from Lindenwood, made his first start for the Cyclones in Cooper’s place against Arizona. Quentin Taylor Jr., who played 26 snaps against Arizona, would be in line to make his first start when the Cyclones (5-0, 2-0 Big 12) visit Cincinnati (3-1, 1-0) on Saturday.
Inspirational thought of the week:
I hear your laugh
And look up smiling at you
I run and run
Past the pumpkin patch
And the tractor rides
Look now, the sky is gold
I hug your legs
And fall asleep on the way home
I don’t know why all the trees change in the fall
But I know you’re not scared of anything at all
— “The Best Day,” Taylor Swift
Here at Bottom 10 Headquarters, located beneath the pile of regret RSVP cards at Rece Davis’ house because his daughter scheduled a fall wedding, now that October has arrived, we know exactly where you will all have been this week. Standing in line with us, waiting for the store to open at midnight Oct. 3 to sell us the first copies of Tay-Tay’s new album, “The Life of a Showgirl.”
Yes, this week the World’s Most Famous Chiefs Fan Not Named Ant-Man drops her new batch of songs, but we also know that as the Bottom 10 faithful camp out on the sidewalk, they will be listening to another playlist of sweet tunes. I’m speaking of the fight songs of Sam Houston, We Have a Problem on Thursday night. Then, the Charlotte 1-and-3’ers, San No-sé State and Colora-duh State on Friday night. All programs that are in their own “Era” of writing “Bottom 10’s Version” of their “Reputation” for “Evermore.”
And while we watch those games, at some point we will realize that it isn’t “1989” and we no longer have to be in line to buy a new record. Or buy records at all. We can download them to our phones. Or as we call them here in the B10CU, the Bottom 10 Cinematic Universe, our pocket computers.
With apologies to the Taylor University Trojans, former Nebraska wide receiver Nate Swift and Steve Harvey, here are the post-Week 5 Bottom 10 rankings.
The Bearkats kruised through their skheduled open date and now koncentrate on krossing the Rio Grande for a kontest kounter to New Mexiko State, who were just konquered by New Mexiko in Albukuerkue.
Have you seen that meme of Cookie Monster drumming his fingers on the table, impatiently waiting to go bonkers on a yet-to-arrive tray of cookies? Yeah, that’s us, waiting for the Oct. 11 Pillow Fight of the Week of the Year of the Century Mega Bowl, when the Minutemen travel to face State of Kent, who are 1-3 after taking the week off. But before that, UMass hosts Western Not Eastern Michigan, while Kent will be getting run over by the Sooner Schooner like a snake trying to cross an Oklahoma freeway.
In Westwood, they said bye to their coach, then they had a bye week, then they lost at Bottom 10 Wait Listers Northworstern, then they raced USC back to Los Angeles, both wondering why they said bye to having all those games closer to home in the league they said bye to too.
Speaking of the Artist Formerly Known But Soon To Be Known Again As The Pac-12, the Beavers became the nation’s first five-loss team after a near-win over undefeated Houston Not Sam Houston. Now they travel east to face Appalachian State in Boone, North Carolina, where I once camped with the Boy Scouts and had all of our food stolen by actual beavers.
There are those who might try to convince you that Penn State’s White Out didn’t work the night they played Oregon, but it did. Watch James Franklin’s postgame news conference when he was asked about his record against top-10 teams. He totally used virtual Wite-Out to paint over the word “narrative” and change it to “factual.”
I was roasted over mesquite, and rightfully so, for omitting Oklahoma State from these rankings one week ago after it lost to Living On Tulsa Time at home and then fired Mike “I’m a man! I’m 58!” Gundy. It was a mistake. I was in denial. But I was snapped out of that trance of disbelief by all of the DMs and texts from Stillwater phone numbers saying that I had to have Oklahoma State in here this week or lose all credibility, including one from what my caller ID listed as “Gundy, M.”
The Spartans Not Trojans are one of a whopping four Mountain West teams stuck at 1-3, but won, er, lost out for this spot over the other three because: A. They actually played a game last weekend; 3. They lost the Pillow Fight of the Week to neighbor and fellow Bottom 10 Waiting Lister Stanfird by one point; and fifthly, they can probably sneak up on New Mexico this weekend because the Lobos have spent all week with upset tummies after spending a week eating from college football’s new greatest rivalry trophy, the Chile Roaster.
I feel very strongly that we as a nation aren’t making a big enough deal out of this new chile roaster trophy for New Mexico-New Mexico State. pic.twitter.com/ls0s5X1ETA
— Ryan McGee (@ESPNMcGee) September 28, 2025
The Other Other Huskies are one of a whopping six #MACtion team stuck at 1-and-something, but won, er, lost out for this spot over the other five because: 1. They actually played a game last weekend; C. They lost to San Diego State, which isn’t terrible, but the final score of the game was 6-3; and secondly, we wanted a chance to hype this week’s Pillow Fight of the Week, when they host My Hammy of Ohio, which is now 1-3 after beating Lindenwood, a school you’ve never heard of unless you are a big Pierre Desir fan.
The Red Wolves are one of a not-as-whopping but still not small three Fun Belt teams stuck at 1-and-something, but won, er, lost out for this spot over the other two because: I. They actually played last weekend; IV. They lost to our old friends and former Bottom 10 stalwart ULM (pronounced “uhlm”); and XL. That Week 2 loss to now-head coach-less Arkansaw by 42 points is aging about as well as that bottle of gas station chardonnay that I accidentally left under the seat of my truck all summer.
My hometown team is one of a totally-not-whopping-but-still-seems-like-a-lot-for-one-conference-after-only-one-month-of-football three Just American teams stuck at 1-and-something, but won, er … OK, yeah … I’m tired of this bit too. Almost as tired as the Niners fans will be of watching US(not C)F run up and down the field on Friday night. The good news? Shortly after the game ends, they can ease their pain by listening to Tay’s new album.
Waiting list: State of Kent, UTEPid, Muddled Tennessee State, Northworstern, FA(not I)U, Bah-stan Cawledge, Clempson, Flori-duh, Georgia State Not Southern, Colora-duh State, No-vada, Stanfird, My Hammy of Ohio, South Alabama Redundancies, Give Me Liberty Or Give Me 1-4, Akronmonious, Baller State, a college football world without Sam Pittman in it.
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