It's real funny to see how depressed UT fans are now. They are blaming an and m for leaking the SEC exit early and their own administrators for “not being tough with Fox.” Talk about delusional.
EXACTLY!! But....
Still none of any part of my post cancels out the other. Even if Oregon and Wash dont want unequal rev, the other factors can still be. And if they do, it would obviously destabilize the PAC beyond repair and would blow it up even faster than the money difference.
For instance the elevator clause still could increase the Big 12 Media contract as much as 60% for adding more P5 teams. That would increase the pay gap of 7M from the 25M they would get in the Pac and the 32M in the Big12 as much as 20M brining the media pay in the Big 12 closer to 55M if they get the full 60% increase. My hypothetical was extremely conservative, but just an example of how the money could become a LOT more than just a few Million very easily when considering a few things, if some of them come into play.
You see, paying the Big12 15M per team more for the added content by adding 4-6 teams is still a win for ESPN. It is still 5-10M per less than for what they are offering the PAC and they would get the content they want. So they can offer as much as a 60% bump for adding more P5 teams in the west. For that window etc. Which would be in the area of 19M. Making the media compensation 50M+ in the Big 12, Not including the other income....that is 25M more than the Media offer on the table as reported for the PAC right now. One thing is it probably is 60% more on the total value then divided by the teams so it would actually be less than 25M more per team. But would still be a Huge raise, for everyone, as it would still be on top of our already 32M.
A couple of these schools may actually be trying to be difficult to purposely sabotage the Pac. Keep in mind if the Pac completely falls apart a few of these teams know they would have a landing spot, and it would be an easier move for them, if the Pac totally implodes. I would never have thought something like that could be a possibility but the last few years have shown anything is possible.
The elevator clause is different than just adding a school and needing them to add value.Not sure where you are getting you 60% bump per school for adding Pac12 teams. If that's true then not sure what Oregon & Washington or any other Pac12 school are waiting for to join the Big12.
If I am guessing, by adding Oregon & Washington the Big12 per school annual revenue would probably jump by less than $5M annually ($32 to $37M). Any media rights value for Oregon & Washington above the Big12's current $32M has to be split 14 ways. If Oregon & Washington had that much incremental value, they would be in the Big10 with USC & UCLA.
IMO the primary value propostion of the Big12 adding Pac12 schools isn't "incremental" annual revenue per school. But adding Pac12 schools as creating strength in numbers. The Big12 would be the dominant P5 presence west of the Mississippi. By adding the top Pac12 teams, Big12 fans would have more reasons to watch Big12/Pac12 teams. In other words, not watch Big10 or SEC games. It also preps the Big12 to add ACC teams if/when that time arises.
Also, while G5 schools are part of the discussion today. I am not convinced that will be the case in the 2030's. The Big12 has already grabbed top G5 programs in Cincy, UCF and Houston. Who from a G5 perspective is poised to win CFB Playoff games, USF, Tulane, Boise, SDSU, Memphis? I feel that G5 teams will get a playoff bid for 6 years, go something like 1-5 and P5 schools will question why they are giving $300-$400M annually to G5 schools.
The elevator clause is different than just adding a school and needing them to add value.
The way I understand the elevator clause is this
If the Big12 adds enough teams in a new window, Ie Mountain and Pacific time zones, that would trigger the elevator clause. These teams need to be P5 level with near equal or higher value as current schools. Not G5.
When that clause is triggered it allows for either a new Media partner to enter to pick up the new expansion of content or the current members to increase the deal by as much as 40%-60%. As I said I quoted that 60% on an each team basis, but it is probably on the total deal. So increase our total package by 60% then divide by 16 or 18 teams rather than 12 teams with the current deal. Not as much but still a significant increase.
The reason this is not a cut and dry deal for the teams to just come. Is because 1 or 2 teams is probably not enough, it probably needs to be 4+. And getting 4 teams all together and on the same page to blow up a conference and jump like this is not as easy as some believe, especially when trying to not get involved in a bunch of lawsuits from other members for collusion, tortuous interference, etc.
And I am sure the Big12 cant just go to these schools and say hey if you and you and you come here we will get this. For a number of reasons, like the above, lawsuit issues, that the final details of how much would need to be negotiated etc.
I am not saying I know all the details but I have seem or heard several things over the months on this elevator built into the contract...keeping in mind the full contract details have not been made fully public.
Like I said if the Big 12 was able to add 6 teams of the PAC and ESPN had to pay an additional 60% of the total on the top of our contract for that extra content and then pay nothing for a PAC contract they are still making out very well, getting the content they want for a discount, and if that is further split between a new media partner or Fox, they are getting it even cheaper, keeping in mind ESPN really at this point only needs 1 game a week for their late night window, and would be willing to split some of the rest with another partner.
Big ten fans are pretty happy adding USC/UCLA. Happier with the expanded playoff though. the only reason some people might not like it is if their teams have awful west coast records.Yea, would think for any Big12/Pac12 expansion it would require that ABC, Fox, CBS or NBC have interest in televising a Big12/Pac12 game on Sat afternoon/primetime. Also, would be curious if ESPN would want Amazon or any other streaming platform to be an additional media partner. Maybe that is why there is the escalator clause as ESPN would want rights of first refusal to keep Pac12 inventory on ESPN/ESPN+.
I completely agree that just adding Oregon & Washington makes zero sense. Even with the BYU add. I look at the Big10's addition of USC and UCLA and I don't hear a lot of excitement by Big10 fans. They are the equivalent of a "Third Nipple"! Adding those 2 schools looked good at the time, but not sure the Big10 knows what to do with them.
If the Big12 adds west coast programs, hope they add enough teams to create a 4 or 6 team "protected rival" group that includes BYU. Wouldn't mind ISU in a protected rival group that includes: KU, KSU, OSU, CU plus a Texas team.
Where are you listening? Pretty sure there's a lot of excitement adding USC and UCLA, at least with the Iowa fans I know. The only ones who aren't excited are the old, uber traditionalists who want the world to go back to 1985 and are against pretty much all new expansions in college football.Yea, would think for any Big12/Pac12 expansion it would require that ABC, Fox, CBS or NBC have interest in televising a Big12/Pac12 game on Sat afternoon/primetime. Also, would be curious if ESPN would want Amazon or any other streaming platform to be an additional media partner. Maybe that is why there is the escalator clause as ESPN would want rights of first refusal to keep Pac12 inventory on ESPN/ESPN+.
I completely agree that just adding Oregon & Washington makes zero sense. Even with the BYU add. I look at the Big10's addition of USC and UCLA and I don't hear a lot of excitement by Big10 fans. They are the equivalent of a "Third Nipple"! Adding those 2 schools looked good at the time, but not sure the Big10 knows what to do with them.
If the Big12 adds west coast programs, hope they add enough teams to create a 4 or 6 team "protected rival" group that includes BYU. Wouldn't mind ISU in a protected rival group that includes: KU, KSU, OSU, CU plus a Texas team.
I still think CBS is in play if this happens.Yea, would think for any Big12/Pac12 expansion it would require that ABC, Fox, CBS or NBC have interest in televising a Big12/Pac12 game on Sat afternoon/primetime. Also, would be curious if ESPN would want Amazon or any other streaming platform to be an additional media partner. Maybe that is why there is the escalator clause as ESPN would want rights of first refusal to keep Pac12 inventory on ESPN/ESPN+.
I completely agree that just adding Oregon & Washington makes zero sense. Even with the BYU add. I look at the Big10's addition of USC and UCLA and I don't hear a lot of excitement by Big10 fans. They are the equivalent of a "Third Nipple"! Adding those 2 schools looked good at the time, but not sure the Big10 knows what to do with them.
If the Big12 adds west coast programs, hope they add enough teams to create a 4 or 6 team "protected rival" group that includes BYU. Wouldn't mind ISU in a protected rival group that includes: KU, KSU, OSU, CU plus a Texas team.
Pretty happy isn't the same buzz as a decade ago when the Big10 added Maryland and Nebraska. Obviously, the Rutgers add was about adding an AAU school that brought the NYC market.Big ten fans are pretty happy adding USC/UCLA. Happier with the expanded playoff though. the only reason some people might not like it is if their teams have awful west coast records.
Not 100% sure who you were talking to but I don’t know anyone that was excited about Maryland or Nebraska. Both schools were on the downturn and really weren’t seen as anything more then a money grab. Once they actually join the conference you will hear more but we still have another 1.5 season of cbb and another cfb season before that happens.Pretty happy isn't the same buzz as a decade ago when the Big10 added Maryland and Nebraska. Obviously, the Rutgers add was about adding an AAU school that brought the NYC market.
I hope you're right on all items above.Here is the thing though.
What is being reported....the offer on the table is 25M per school, Big 12 deal is about 32M per. (just media portion)
So we are at 7M above right now.
Next, Wash and Oreg, have been reported for Months to be wanting unequal share. That means the 4 corners would be even lower than the 25M if they did. So lets say 5M less per, just as a guess. Could be more or less for some. That puts them at 12M below.
Then you have the elevator clause in the Big 12 that if we add more schools in the west/new time zone, it will increase our deal or allow for an additional partner. This could also be a draw for these schools knowing that if they come it would increase our deal from say 32M per to say 37M+ per(complete guess as to how much). At an additional 5M per for the increase that would then put it at 17M increase over their deal on the Table in the PAC.
Something you have to think about for ESPN this would be a big benefit get 4-6 teams for the content they want for less than the 25M offered to the PAC(with Amazon), with possibly better matchups.
Yes this is all completely hypothetical, but one could see how the payout in the Big 12 COULD (stress could) quickly become a huge increase pretty quickly. This does not even take into account the stability of the conference with some teams publicly wanting out, not wanting to sign a GOR, and pushing for unequal revenue. These things will all tear them apart on top of the money as well.
Then you have to also take the Money they probably have to repay for the overpayment for the Pac net. Every bit of increase may become pretty important depending on how that shakes out.
It means nothing new for the ACC. Only strengthens the GoR if OuuT can’t get out even 1 year early, not to mention 10+ years.Wonder what this may mean for the acc. Sounds like if the networks say so, the gor isnt the impassable barrier we thought.
LOL, so with that thinking if the GOR was not that difficult to get out of.....wouldnt they already be gone? They cant even get out of a year of the GOR so far.Wonder what this may mean for the acc. Sounds like if the networks say so, the gor isnt the impassable barrier we thought.
Why do you say that? If OUT can't leave a year early, why would ACC schools get out 10+ years early?Wonder what this may mean for the acc. Sounds like if the networks say so, the gor isnt the impassable barrier we thought.
We were legit just making fun of people for bringing up the ACC GOR and like magic one appearsLOL, so with that thinking if the GOR was not that difficult to get out of.....wouldnt they already be gone? They cant even get out of a year of the GOR so far.
I don't think it has as much to do with the GoR as it does with what ESPN/FOX want. Seems like they're calling the shots, not the conferences.LOL, so with that thinking if the GOR was not that difficult to get out of.....wouldnt they already be gone? They cant even get out of a year of the GOR so far.
Its both, problem is you have to please all parties, and if just 1 doesnt agree, then it is a no go. And when it comes to some of this, as in GoR and Media partners. The money number gets so high that no one can afford the buyout. Everyone has to be made whole.I don't think it has as much to do with the GoR as it does with what ESPN/FOX want. Seems like they're calling the shots, not the conferences.
The only reason they didn't leave was bc of one of the networks. Shows if the networks want it, it can happen.Why do you say that? If OUT can't leave a year early, why would ACC schools get out 10+ years early?
I'm sure there could be a number agreed upon that the ACC would accept to break the GOR. The thing is, that number is going be gigantic. The full value of the school's rights under the GOR is a low-ball starting point. So probably something like $500m per school at this point, and maybe more. Remember, the ACC has no reason to negotiate.
Agree. ESPN and FOX basically own these conferences at this point. If they want something to happen, a GoR isn't going to stop it from happening, because they're the source of the money.The only reason they didn't leave was bc of one of the networks. Shows if the networks want it, it can happen.