Scott has been the Pac-12's commissioner since 2009, and his contract reportedly ran through 2022.
Following a Wednesday night meeting between the conference CEO's, the Pac-12 has reportedly agreed to part ways with commissioner Larry Scott, sources tell Sports Illustrated's Ross Dellenger. Michael Smith of Sports Business Journal was the first to report the news.
The league will begin its search for Scott's replacement immediately, with his last day coming on June 30. The conference's plan is to have a new commissioner in place by that date.
Scott took over as commissioner in March 2009 after previously serving as chairman and CEO of the Women's Tennis Association. He led expansion efforts in 2010 with the additions of Utah and Colorado, then launched the Pac-12 Network in 2012.
Scott signed a contract extension in 2017 that ran through 2022. He and the league have drawn criticism for the Pac-12 Network's distribution issues, which has contributed to the large revenue gap between the Pac-12 and the rest of the Power 5 conferences.
The next commissioner will be the fifth in the conference's history. Scott's predecessor, Tom Hansen, held the position for 26 years.