Pac-12 Hotline: Some questions have been answered, while others linger, regarding the multimillion-dollar bookkeeping discrepancy that cost two conference executives their jobs.
Jon Wilner Four days after the news, clarity has come to the financial imbroglio that cost two Pac-12 executives their jobs and placed the conference at financial risk with a major Pac-12 Networks distribution partner.We know Comcast filed a claim in October stating it overpaid the networks by a total of more than $50 million over a number of years.
Surprising numbersIn the spring of 2017, the Pac-12 Networks asked an outside auditing firm — a firm described by the Pac-12 as an industry leader — to examine the payments Comcast was making to the Pac-12 Networks. “You have to take the distributor at their word,” one source said. “You don’t know what their data is. And if the payments seem light, you ask for an audit.”
Did they tell Woodie Dixon, the Pac-12’s chief legal officer and senior vice president for business affairs? Also, Shuken had been on the job for just three months. The overpayments weren’t his responsibility — they were from the year before he was hired. He had nothing to hide. Because the Pac-12 commissioned the audit and Comcast was solely responsible for the payment amount based on its proprietary subscriber data, a source said, the Pac-12 was not obligated to act on the results.
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