Whatever rubric is used to suss out valuations for media rights is too complicated for my little brain to comprehend. The on-field product seems to be important, except when it isn’t….
I get your overall sentiment, though I don’t think it is necessarily accurate when it comes to the on-field trajectories…at least not over a period of decades.
Hopefully ISU has turned a corner and will be set up to succeed post-Campbell…and hopefully that’s after he retires as a decidedly less Hawkeye-tainted version of Coach Snyder.
Hopefully realignment serves to further set ISU up for success by giving it advantages over the likes of Cal, Washington, Miami, UNC, etc.
The Big 12 certainly seems more hospitable than the Pac-12 or ACC right now, but as a Cyclone fan of a certain age I’m nervous as hell.