Big Ten and other Conference Expansion

[CincyInterloper]

In this case, it keeps the sports entity from siphoning any money from the educational entity, no?

That's been the assumption I've been under as to "why take the money" from the start.

So are all college sports going to be part of this new entity, or just men's football and basketball? If it is all sports, I think this could be the beginning of the end for the non-revenue sports.

 

[Jaxbuck]

So are all college sports going to be part of this new entity, or just men's football and basketball? If it is all sports, I think this could be the beginning of the end for the non-revenue sports.

I haven't seen enough detail to hazard a guess.

Logically I would keep the non revenue sports under the old model of the student athlete and make it part of the educational mission as they have done for over 100 years from now.

My basic premise is that the Universities aren't the right organization to house a professional sports team under. That's the new bit that just magnifies the issue, imo.

 

[Jaxbuck]

From what I gather the 21 years wasn't a locked in tv deal it was the grant of rights which essentially grants the B1G as entity your TV rights to shop. Aka the thing holding the ACC together. Aka USC and Michigan don't want tied to Rutgers and Purdue for 21 years.

Yes.

Much better way to illustrate the issue. I was trying to generalize a little too much but this is, as I understand it, the rub so to speak.

And yes, this is why the big boys are saying "fuck you" and the little guys are saying when do we get our money?

Overall, it's the canary in the coal mine to the idea that sooner or later the big boys are going to break off and do their own thing (the Premier League tiered approach like Euro soccer we've spitballed on in the past here many times) I think the tsun or USC guys even touched on it in a statement? Something about "there may be a time when we want to break off.." something like that?

 

[woofermazing]

I suspect Michigan's real beef with this is the possibility of not having a say in sponsorship stuff. They go out of their way to keep the stadium pretty void of advertising.

And then some of their other contracts might be an issue, like if say Adidas ponies up to be the exclusive apparel provider for the entire conference, they would lose the Jordan logo as something to trumpet.

USC I'm pretty sure is fine with the deal, except the part where they aren't considered top tier in the revenue sharing, which I agree with them on to be honest.

 

[Thump]

How much money is “enough?”

 

[Gizmo]

How much money is “enough?”

I always said anything more than a half million would be gravy.

 

[Jaxbuck]

How much money is “enough?”

Businesses (for and non profit) should be run as a continuing enterprise, so there is no retirement date like you or I think of as individuals.

With no fixed end in sight (at least planned for) there can never be "enough" because you don't know how long it will go. You have an unlimited investment horizon.

You have a responsibility to build it so it can continue. You are the steward for all stakeholders (I purposely didn't use the word "shareholders" here).

So it's not a moral question, it isn't being greedy. You have an obligation to operate it so that it can go on after you.

 

[exhawg]

I know I'm going off the rails from the current discussion, but I really feel like football needs to break away from the rest of college athletics. It isn't a big deal for a team that plays one game a week to travel across the country to play a game, then be back in class on Monday. I feel bad for basketball or volleyball teams that likely have to fly across the country for a week or so at a time to play a series of games. Most of these kids go to school for an education, not to attend all of their classes virtually while they sit in a hotel room across the country. Football would be better served to run more like English Soccer, where the top 20 teams play for the championship and the lower teams play for promotion or relegation. Have the top 16 teams in the playoff and the bottom 4 have to play the top 4 from the lower level to determine who stays and who goes.

If football did this, the rest of the sports could go back to normal regional conferences.

 

[TampaBuckeyes]

From what I gather the 21 years wasn't a locked in tv deal it was the grant of rights which essentially grants the B1G as entity your TV rights to shop. Aka the thing holding the ACC together. Aka USC and Michigan don't want tied to Rutgers and Purdue for 21 years.

My problem is they are selling 21 years of tv rights at the current price. Big ten contract is $1.1B/year. They are selling 10% of it for $2.4 Billion. Yes it’s getting that 10% now with no discount rather than over 21 years, but media rights are appreciating a hell of a lot faster than inflation. So we aren’t locking in 100% like the ACC did, but we are locking in 10%.

 

[BuckBackHome]

Since a certain South Bend based university needs to join a conference, I would still kick the tires of bringing them into the fold. However, the B10 powers can’t be bending the knee for them. They need a conference more than our conference needs them.

 

[Jaxbuck]

Since a certain South Bend based university needs to join a conference, I would still kick the tires of bringing them into the fold. However, the B10 powers can’t be bending the knee for them. They need a conference more than our conference needs them.

I think they will most certainly be part of a new football only organization/league that will be created soon as the CFP expands.

The big boy/premier league if you will.

 

[calibuck]

Let us not forget that the 'big money boys' that are offering this $2.2B pot of money, have done all the analysis, projections, and assumption setting needed to come up with this offer. And the fact is, they wouldn't make this offer, without some thoughts on how THEY will make money, enough to represent a significant return on the $2.2B. From what I gather, the top teams in the B10, will score more of the loot than the lesser lights. But for those lesser lights, a huge infusion might/will ease some of the current expenses/problems they face. Am not going to argue who are the league 'big boys' are, but am certain that some teams will be butt-hurt when they're NOT included in that conversation. To be, kinda overwhelming. PS, hopefully the B10 will have some bigger brains study this, rather than the chump that negotiated the last TV rights contract. Current lump of cash, versus the net present value of a cash stream.....classic corporate analysis.

 

[ORD_Buckeye]

These PE partners putting this together don't believe in any form of win-win partnership. These are shallow, money-obsessed sociopaths whose sole obsession is with how many zeroes are in their bank account. They've run the numbers and schemed exactly how to rape the B1G schools dry and leave their rotting carcasses behind. This is stupid, and I'm sickened that Slapshot is providing zero leadership to halt it.

 

[Steve19]

I had insight into some of the sports conversations of their top echelons for many years. They are entitled, toxic, and deluded. You don't bring that into your house. You let it find reality and wither in the wilderness.

 

[Jaxbuck]

They are entitled, toxic, and deluded.

The academics or the sports guys?