Paul Sakuma, Associated Press
In this Oct. 21, 2011 file photo, Pac-12 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.

WALNUT CREEK, CALIF. — The Pac-12 Board of Directors, consisting of all 12 university presidents, unanimously extended the contract of Commissioner Larry Scott through 2016 with options to add additional years in the future, it was announced today.

During his first two years, Scott orchestrated a rebranding of the conference and led it through expansion for the first time since 1978.

"My fellow board members and I are delighted to have reached a long-term agreement with the commissioner to continue his excellent work on behalf of the Pac-12," said Ed Ray, President of Oregon State University and Chairman of the Pac-12 Board. "We are on the brink of a period of extraordinary accomplishment and excellence throughout the Pac-12 and Larry's continued leadership and vision for the Conference are critical elements in realizing that potential."

Scott, 47, became the sixth commissioner of the Conference in 2009. He came to collegiate athletics after serving six years as Chairman and Chief Executive Officer of the WTA Tour, where he helped generate unprecedented growth and popularity for women's professional tennis on a global scale.