https://sports.yahoo.com/inside-pac-12-collapse-four-182514849.html
“When Kliavkoff presented the idea to the Pac-12 board, Oregon interim president Patrick Phillips vehemently shut it down. He said he would not
have the Ducks in a conference where they have to take less money than
UCLA, and any conversation about the possibility quickly died.”
Of course less than a year later Oregon accepted a B1G invite with terms under which Oregon and Washington get less money than all other members, including UCLA.
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