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The Pac-12 is adding Boise State, Colorado State, Fresno State and San Diego State, starting in 2026, to join Oregon State and Washington State in a rebuilt Conference of Champions. The Pac-12 and the departing schools will likely be on the hook for about $110 million in exit fees and penalties to the Mountain West.

Oregon State and Washington State say they have reached an agreement with 10 departing Pac-12 schools on revenue distribution for 2023-24 that puts an end to a legal battle sparked by conference realignment.

The Pac-12 is returning to the College Football Playoff for the first time in seven years, has another school as part of the New Year's Six and will send a total of eight teams to bowls in the last year with its current membership.

Oregon State, Washington State and the Mountain West have announced a football scheduling agreement for the 2024 season. It gives the two schools six opponents each and keeps open the possibility that they will operate as a two-team conference for at least a year.

Oregon State and Washington State are moving toward keeping the Pac-12 alive as a two-team conference for as much as two years, while also entering a scheduling agreement with the Mountain West, according to two people with knowledge of the situation.