At 9 a.m. Larry Scott, Pac-10 Commissioner and Randy Freer, President of Fox Sports Networks, provided an update on Pac-12 media rights negotiations live and streaming for you from Phoenix, Arizona. Leave your comments on this story or join the conversation on Twitter with the hashtag #pac12. Watch a replay of the announcement in the window below by clicking the "play" button.

Or watch it on the Pac-12 website.