Pac-12: 'We'll remain a 12 team conference'

Pac-12: 'We'll remain a 12 team conference'
FILE - In this Oct. 21, 2011 file photo, Pac-10 commissioner Larry Scott announces the splitting of NCAA college football divisions during a news conference in San Francisco. Since taking over a conference that was stuck in neutral in July 2009, Scott has orchestrated the largest TV deal in college history, restructured the league and its tournaments, saved sports from being slashed, pulled rival programs together to share revenue and put the nation on notice: The Pac-12 is not just a BCS conference, it's reshaping college athletics. (AP Photo/Paul Sakuma, file)

The following statement is from the Pac-12 conference, released Tuesday, September 20, 2011 at 8:16 PM:

"In light of the widespread speculation about potential scenarios for Conference re-alignment, the Pac-12 Presidents and Chancellors have affirmed their decision to remain a 12-team conference. Pac-12 Commissioner Larry Scott said, “after careful review we have determined that it is in the best interests of our member institutions, student-athletes and fans to remain a 12-team conference. While we have great respect for all of the institutions that have contacted us, and certain expansion proposals were financially attractive, we have a strong conference structure and culture of equality that we are committed to preserve. With new landmark TV agreements and plans to launch our innovative television networks, we are going to focus solely on these great assets, our strong heritage and the bright future in front of us.”