Why is Pac-12 commissioner Larry Scott in the money? Because just about everyone thinks he's doing a good job.

Here's more evidence: Both Scott and the Pac-12 are among the nominees for awards from Sports Business Journal.

The conference is up for "Sports League of the Year" along with Major League Baseball, the NFL, the NHL and the PGA Tour. You'll note that no other college conference is among the nominees.

The same is true in the "Sports Executive of the Year" category. Scott is nominated along with Bud Selig, David Hill, Roger Goodell and Tim Finchem.

That's some pretty impressive company. And it sort of confirms the adage, "You get what you pay for."