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Christopher Boan is the lead writer at BetArizona.com after covering sports and sports betting in Arizona for more than seven years, including stops at ArizonaSports.com, the Tucson Weekly and the Green Valley News.
Reports of the Pac-12 Conference’s demise was indeed greatly exaggerated, as the left-for-dead collegiate athletics conference shocked the sporting world last year, adding Mountain West members Boise State, Colorado State, Fresno State, San Diego State and Utah State for the 2026 league year.
The five schools are set to join Oregon State and Washington State in the conference on July 1, 2026, leaving the rebuilt Pac-12 one school shy of the FBS minimum of eight with under two years to make whatever deals are needed.
Given that the newly configured Pac-12 will need at least one more school to join to reach the FBS standard, BetArizona.com - home to all news around Arizona sports betting - broke down the odds on which university might join the Conference of Champions in 2026.
College | Odds |
Texas State | +110 |
Tulane | +225 |
Memphis | +800 |
UNLV | +900 |
North Texas | +1400 |
UTSA | +1600 |
Sacramento State | +2750 |
The Field | +1000 |
Odds provided by BetArizona and not available on Arizona betting apps.
The school with the most to gain from potentially joining the newly reformed Pac-12 is a program located roughly midway between Austin and San Antonio along the football hotbed of Interstate 35. That’s because the Texas State Bobcats, who currently play in the Sun Belt Conference, which pays out around $2 million per year to its members for athletics, presents the school with a significant rise in revenue given the estimates thrown around for the Pac-12’s newest media rights deal. That deal, which covers the 2025 football season for Oregon State and Washington State, allows The CW, ESPN and CBS to televise the Beavers and Cougars’ contests this fall, though no word has leaked out yet about what it means for 2026 and beyond.
Outside of San Marcos, keep an eye on a few American Athletic Conference schools, including (but not limited to) Tulane (+225), Memphis (+800), North Texas (+1400) and UTSA (+1600), along with UNLV of the Mountain West (+900) and Sacramento State of the FCS ranks (+2750) to slide in as that eighth member in the newly reconstituted Pac-12 for 2026.
That’s because the AAC plays a central role in the next wave of conference realignment, with schools like Tulane and Memphis potentially defecting from their longtime conference home, even if they did rebuke the Pac-12’s expansion overtures last year.
Both the Green Wave and the Tigers have put forth quality football and men’s basketball teams in recent years and would be a coup for Pac-12 commissioner Teresa Gould, with conference insider John Canzano listing both as strong candidates to defect to the West Coast conference next.
Other names to remember when it comes to the Pac-12’s continued expansion drive are Mountain West schools like UNLV (+800), who are flanked on either side by teams in the AAC (Tulane, Memphis, North Texas and UTSA), while the final candidate is a longshot one, with Sacramento State of the FCS potentially moving up a level should they opt to reclassify in the coming years.
The biggest stumbling block for Gould and company remains the $27.5 million exit fee that AAC schools have to cough up if they move on by the time the Pac-12 reforms in 2026, though there’s no such thing as a dealbreaker in today’s NCAA world where realignment is the name of the game right now.
June 30, 2022: UCLA and USC announce they are leaving the Pac-12 for the Big Ten, setting in motion the instability that ultimately tore apart the original Pac-12 Conference
June 30, 2023: Then-Pac-12 commissioner George Kliavkoff’s attempts to add SMU and San Diego State to the Pac-12 to replace the two L.A. schools come and go without happening, leading many to wonder if the conference’s days are numbered
July 27, 2023: Colorado announces it is leaving the conference for the Big 12, leading many to begin writing the Pac-12’s epitaph
Aug. 4, 2023: Oregon and Washington announce they are leaving to join the Big Ten, while Arizona, ASU and Utah all announce exit plans for the Big 12 that same day, leaving Cal, Stanford, Oregon State and Washington State as the lone members of the Pac-12
Sept. 1, 2023: Cal and Stanford announce they are leaving the Pac-12 for the ACC, leaving the two remaining members of the Pac-12
Aug. 2, 2024: All 10 of the departing schools officially exit the Pac-12, leaving Oregon State and Washington State to rebuild the conference from the ground up
Sept. 12, 2024: Four Mountain West Conference members (Boise State, Colorado State, Fresno State and San Diego State) announce they are leaving the conference to join the Pac-12 in 2026.
Sept. 23, 2024: Utah State also announces it is leaving the Mountain West to join the Pac-12 in 2026.
Stick with BetArizona for all college football developments, including Arizona Bowl Projections.
USA Today photo by Mark J. Rebilas.
In 2026, the Pac 12 will include Oregon State, Washington State, Boise State, Fresno State, Colorado State, San Diego State, Utah State and Gonzaga (non-football member). Until then, Oregon State and Washington State will be the only football members of the conference.
The Pac-12 Conference underwent significant changes in recent years. Prominent schools, starting with UCLA and USC, departed and that led to other remaining schools following suit via conference realignment. The future of the Pac-12 was left in limbo with just Oregon State and Washington State remaining.
Author
Christopher Boan is the lead writer at BetArizona.com after covering sports and sports betting in Arizona for more than seven years, including stops at ArizonaSports.com, the Tucson Weekly and the Green Valley News.
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