The ACC and Pac-12 have discussed what has been termed a "loose partnership" that could end the season with the conferences playing a "championship game" in Las Vegas, sources confirm to CBS Sports.

The concept, believed to have been proposed by the ACC, is seen as a way for the conferences' common rightsholder, ESPN, to increase the value of their current media rights contracts.

It's not likely this proposal would have much impact considering ESPN has cost certainty with the ACC in a contract that lasts through 2036. The Pac-12 is trying to survive after the loss of USC and UCLA to the Big Ten in 2024. Rights for Pac-12 teams without the California powers are now worth about $30 million annually, down from approximately $42 million per program with the Trojans and Bruins in the fold.

John Canzano first reported the proposed the Pac-12 discussing a "loose partnership" with another conference Tuesday afternoon, noting some regular-season crossover games could be played in addition to the "championship game."