Pac-12’s Larry Scott is first $4 million college commissioner
The Pac-12’s Larry Scott is the first $4 million college commissioner, reports USA Today’s Steve Berkowitz.
Scott, a former professional tennis player and chairman and CEO of the Women’s Tennis Association, earned more than $4.05 million during the 2014 calendar year, according to the Pac-12’s latest federal tax return. That total was up from the $3.5 million he earned in 2013.
The league pulled in more than $439 million in revenue in the fiscal year ending last June, which is a 17% increase from the previous year. Each school in the conference received $25.1 million in payouts from fiscal 2015.
Despite the Pac-12’s impressive earnings, the SEC still leads the NCAA in revenue, as it garnered $527.4 million for the fiscal year ending last August.