SAN FRANCISCO (AP) — The Pac-12 Conference suffered a 36% decrease in revenue for the 2020-21 fiscal year due in large part to pandemic-related cancellations in football and basketball.

The conference announced it had total revenues of $344 million and distributions to member schools of $238 million. The $19.8 million payouts per school represented a drop of 41% from the previous year.

The Pac-12 said the drop-offs stemmed from decreases in media rights and postseason bowl revenues due to game cancellations, lower event revenue with no fans and increases in costs for COVID-19 health and safety protocols.

Mountain West to eliminate 2-division format in football

COLORADO SPRINGS, Colo. (AP) — The Mountain West Conference will eliminate its two-division format in football for the 2023 season.

The conference has announced that the two teams with the highest winning percentage will compete in the league championship game. The decision came two days after the NCAA threw out requirements dictating how conferences can determine their champions and the Pac-12 scrapped its two-division format.

The two-division format will remain in place for the 2022 season. A scheduling model and tiebreaking procedures are expected to be announced in the coming weeks.