The members of the Pac-12 have finalized their divorce papers—and the terms are very amenable to Oregon State and Washington State, the two schools that will remain in the conference come this summer.

On Monday, 12 existing schools confirmed that they have signed a settlement agreement regarding revenue distribution and voting rights in the Pac-12 going forward. (The settlement agreement was first reported by The Mercury News.) The settlement is a direct resolution to the lawsuit brought by Oregon State and Washington State last fall over who had voting power on the conference’s board, and therefore the ability to control all its assets, intellectual property, and even potential dissolution.

The conference’s two remaining members, WSU and OSU, appear to have a nine-figure financial cushion to use going forward. This cushion, as well as the entire conference, is now under the direction and leadership of new commissioner Teresa Gould, who began a two-year tenure March 1.