Report: OU & Texas reach out to join SEC

20eyes

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Somebody get this guy a snickers
Haha, no sh*t...I was pretty wound up yesterday.

So, with the whole ESPN vs. FOX thing...this means that placing some or all big 12 team into the Pac and B1G is good so as to increase inventory? The media arms race makes a nice landing spot for ISU more likely?

*OR*

A reconstituted B12 becomes a richer league making money on par w/ the B1G and remains a power five league simply by virtue of wealth/income?

What's the status as of today? Anybody got any insight?
 

Statefan10

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Haha, no sh*t...I was pretty wound up yesterday.

So, with the whole ESPN vs. FOX thing...this means that placing some or all big 12 team into the Pac and B1G is good so as to increase inventory? The media arms race makes a nice landing spot for ISU more likely?

*OR*

A reconstituted B12 becomes a richer league making money on par w/ the B1G and remains a power five league simply by virtue of wealth/income?

What's the status as of today? Anybody got any insight?
What seems to be happening is that the B12, along with Texas and OU, are going to be in the league until the GOR is up in 2025. From there, who knows honestly, but this entire thing just changed the game.
 
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AuH2O

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If the American merger was the only option on the table because ESPMonopoly was the only media distributor left, wouldn't be surprised if Kansas said they're just gonna play UConn and Liberty three times a year in football and sent their hoops program to the Big East.

If KU was going to bet relegated to the AAC (they won't), then they probably just say F it and go to the Big East and fold football.

The idea that the AAC as it is currently configured absorbs all of the current Big 12 that remains is pure fantasy. It isn't happening. There could be leftovers that have no home, but it isn't getting all of the remainders.

Other things all more likely to happen:
1. 3-4 teams get absorbed into power conferences. Let's keep in mind, it's not like an ISU is going to the Big 10 and saying, "let us join and make $60 mil a year with you." The Big 12 teams will likely forgo big time dollars for a while for the right to join another conference. Now the last 4-5 left? That could be AAC time. No bueno for those schools no matter who it is, ISU included.
2. This absolute **** show with ESPN triggers a massive reset, all there is a massive realignment that crosses over all the current power conferences (maybe not all the teams of course)
3. All else fails and there are 7-8 Big 12 teams left. Try to bring in BYU and the best of the AAC and make a conference that's not good, but better than the current AAC by a good margin, and would be better than the AAC absorbing the Big 12 leftovers. Best hope is you can still have an outside shot to be part of a 12 team playoff.

ISU football will be dead if it's in the AAC. The schools in there now can somewhat be decent and even make a big jump on occasion because they are in great recruiting areas. You can get some good leftovers that just don't want to leave the state. Cincy is in one of the best HS football states in the country. Ohio St. gets whoever they want from anywhere, so there are still plenty of good leftovers. Same deal goes for Memphis, the Florida Schools and Texas schools. You WILL NOT be a national or even much of a big regional footprint recruiter in the AAC.
 
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Cyclonepride

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What seems to be happening is that the B12, along with Texas and OU, are going to be in the league until the GOR is up in 2025. From there, who knows honestly, but this entire thing just changed the game.

No way it goes until 2025. Not a chance. We're seeing legal posturing for a negotiated buyout, as staying in limbo doesn't serve the interest of either side.
 

BMWallace

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Haha, no sh*t...I was pretty wound up yesterday.

So, with the whole ESPN vs. FOX thing...this means that placing some or all big 12 team into the Pac and B1G is good so as to increase inventory? The media arms race makes a nice landing spot for ISU more likely?

*OR*

A reconstituted B12 becomes a richer league making money on par w/ the B1G and remains a power five league simply by virtue of wealth/income?

What's the status as of today? Anybody got any insight?
We could seriously be looking at 2 "super leagues". The ESPN League made up of SEC+OU+UT and the ACC+ND. Through in WVU and that gets you to 32 teams. The FOX league could be the PAC+TTU+OSU+TCU+KSU and the B1G+ISU+KU. Again, 32 teams (Sorry, not sorry Baylor).

Would could be really interesting, though probably unlikely, if the FOX league wanted to shaft ESPN, they could say that they won't participate in the CFP, and instead hold their own playoff that culminates in the Rose Bowl, restoring the old historical ties with the B1G and PAC.
 

cydsho

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Good read

Added another (AD): “Most everyone in college athletics outside the SEC is mad as hell. This is a black mark on the enterprise ... federal intervention may be the last resort to save us from ourselves.”

Not sure I like Feds or congress to be involved but when talking major universities and money, probably where we are headed.....
 

BMWallace

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No way it goes until 2025. Not a chance. We're seeing legal posturing for a negotiated buyout, as staying in limbo doesn't serve the interest of either side.
This is correct. This isn't the Big 8 holding together in hopes of reforming the conference. They are just telling ESPN that they have to honor their existing contract.
 

Cyclonepride

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I guess I’ve been looking at this incorrectly! Thanks for that insight.

I think OU and UT (beyond hoping the league would disintegrate) were looking at a $140 million buyout (IIRC) as the ceiling for the exit price in negotiations, and if they met in the middle in negotiations, that's $70 million.

If the Big 12 is successful with their current gambit, one could estimate that each of the remaining 8 schools stand to lose $10-20 million per year as a result of the tortious interference, for whatever term it seems likely to take for the damages to play out (let's say 10 years for sake of argument).

Conservatively, that's 8 teams x $10,000,000-$20,000,000/year x 10 years= $800 million to $1.6 billion.

That's the new ceiling for negotiations from the standpoint of the remaining Big 12 members.

In that light, the $140 million doesn't sound so bad now, does it?
 

Statefan10

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I think OU and UT (beyond hoping the league would disintegrate) were looking at a $140 million buyout (IIRC) as the ceiling for the exit price in negotiations, and if they met in the middle in negotiations, that's $70 million.

If the Big 12 is successful with their current gambit, one could estimate that each of the remaining 8 schools stand to lose $10-20 million per year as a result of the tortious interference, for whatever term it seems likely to take for the damages to play out (let's say 10 years for sake of argument).

Conservatively, that's 8 teams x $10,000,000-$20,000,000/year x 10 years= $800 million to $1.6 billion.

That's the new ceiling for negotiations from the standpoint of the remaining Big 12 members.

In that light, the $140 million doesn't sound so bad now, does it?
1.6 Billion with a B certainly sounds bigger than 140 Million with an M.

Big Shot Bob Bowlsby you motor-boating SOB.

Redeem Yourself GIFs | Tenor
 

cyIclSoneU

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The contract requires 2 years of distributions as an exit fee, plus we own your media rights until 2024-25.

For Texas and OU to play SEC football beginning in 2022:

*Pre-COVID distribution was about $38M per school. $76M for two years, $152M combined for UT and OU.
*SEC distributions are going to go north of $70M per school with OU and UT. Their rights in the SEC are worth at least $210M per school for three years. That's $420M combined that the Big 12 would own.
*Not to mention the reputational/recruiting benefits of a clean split to the SEC ASAP for OU and UT.

Now they aren't going to settle by giving away every dollar that they would make. Not even close. But it is an interesting starting point that we are talking about $570 million that OU and UT are contractually obligated to leave behind with the 8 schools in order to play SEC football in 2022. (Like I said, the settlement is not going to extract all of that, but split eight ways, that would be $71M per school - almost two full years worth of Big 12 distributions.)

If nothing else, this helps explain why ESPN is set on trying to destroy the conference to avoid all of that.
 

JP4CY

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It's still so fascinating TX, minus the Vince Young year, really hasn't accomplished more since the formation of the B12 than a team (KState) we think could be in one of the worst positions.
 
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Cyder91

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Good read



Thanks for the link....I thought these comments below the article were well written.

"
Why is everyone so naive? Money is all that matters. It's always been so. The future is about paying the players. Everything has changed. And crying about Texas is just that; crying. You are what you are. Texas doesn't owe anybody anything.
Reply


  • Cody

    you are mentally ill

    33 minutes ago
    Sure they do. They owe the Big 12 for breaking their contractual obligations. Anytime you sign a 10 year contract, and "quit" half way through... you are going to owe the other party for breaking it. As for this article, this is about ESPN owing the Big 12 (not TX and OU). Which if these allegations can be proven, ESPN could be in a world of hurt. These are serious allegations (that EVERYONE knows is true and was true 10 years ago when it was said in 2011 by ACC members, but never proven) These aren't just civil lawsuits (for the $500 million ESPN owes the Big 12), but potentially criminal with prison time on the line for high ranking ESPN officials who may have orchestrated it. This is where things get VERY uncomfortable over at ESPN. Once subpoenas start rolling in, old text messages and e-mails are retrieved... it will turn into a "every man for himself" at ESPN which isn't a position they imagined themselves being in. Can ESPN keep themselves together and in line... Or facing a 5 year prison sentence due to one slip up someone made 6 months ago putting something in writing they shouldn't have... do they cave and make a deal ratting out everyone else in ESPN to save themselves. These "blue collar crimes" don't typically favor the accused. There isn't a "street code" to never rat or snitch. A millionaire facing prison typically cracks."
 

Halincandenza

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Oct 24, 2018
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Thanks for the link....I thought these comments below the article were well written.

"
Why is everyone so naive? Money is all that matters. It's always been so. The future is about paying the players. Everything has changed. And crying about Texas is just that; crying. You are what you are. Texas doesn't owe anybody anything.
Reply



  • Cody

    you are mentally ill

    33 minutes ago
    Sure they do. They owe the Big 12 for breaking their contractual obligations. Anytime you sign a 10 year contract, and "quit" half way through... you are going to owe the other party for breaking it. As for this article, this is about ESPN owing the Big 12 (not TX and OU). Which if these allegations can be proven, ESPN could be in a world of hurt. These are serious allegations (that EVERYONE knows is true and was true 10 years ago when it was said in 2011 by ACC members, but never proven) These aren't just civil lawsuits (for the $500 million ESPN owes the Big 12), but potentially criminal with prison time on the line for high ranking ESPN officials who may have orchestrated it. This is where things get VERY uncomfortable over at ESPN. Once subpoenas start rolling in, old text messages and e-mails are retrieved... it will turn into a "every man for himself" at ESPN which isn't a position they imagined themselves being in. Can ESPN keep themselves together and in line... Or facing a 5 year prison sentence due to one slip up someone made 6 months ago putting something in writing they shouldn't have... do they cave and make a deal ratting out everyone else in ESPN to save themselves. These "blue collar crimes" don't typically favor the accused. There isn't a "street code" to never rat or snitch. A millionaire facing prison typically cracks."
Prison time. Lol
 

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