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Could this have worked out any better for CU?

Discussion in 'Colorado Football Message Board' started by Sportsfan101, Jun 14, 2010.

  1. Sportsfan101

    Sportsfan101 Active Member

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    Seriously --- this is best case scenario (with one caveat). We end up in the Pac 10, where we belong, with killer road trips, with athletic departments that look more like ours, for presumably the same or more money, while ditching Texas and its Big 12 South stooges, a new rival (Utah) and positive momentum for the first time in at least 5 years.

    This is a better result than we could've ever expected -- best case IMHO. Now let's zipper the 12 Pac and be done with it. :thumbsup:

    My one caveat -- now we have to pay the "going away" fee. But it's a small price to pay for our new digs.
     
  2. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    Just read that the PAC is going to offset the 50% reduction in Big 12 payouts to us the next 2 years by giving CU a loan against future PAC disbursements. Assuming the new PAC contract pays as much as expected, this pretty much means that CU will spend its first couple years in the PAC getting a payout similar to what we currently get.
     
  3. leftybuff

    leftybuff Iconoclast Club Member

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    I think this is the best possible outcome for CU. An excellent outcome procured by the admins. I have been quite critical of the approach to FB (especially keeping Hawk), but this was a job well done. So credit where credit is due.
     
  4. Sportsfan101

    Sportsfan101 Active Member

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    Great news, Nik. Where did you see this? I'm telling you people -- THIS IS AN ABSOLUTE FREAKING HOME RUN.
     
  5. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    It was in Kensler's blog: http://blogs.denverpost.com/sports/2010/06/14/will-utes-be-cus-league-rival-after-all/

    That blog probably needs its own thread, but I'm feeling lazy so I'll do it here. 3 important things from the article:

    1- Bohn wouldn't give up the goods on the record regarding the Buffs likely PAC rival, but Kensler is saying Utah. (Read between the lines.)

    2- Kensler said he'd like to keep playing Nebraska, but he hasn't talked to Osborne and it wouldn't be every year. (Political appeasement statement and he knows this isn't happening, imo.)

    3- Bohn said the following on Big 12 exit penalties: "And of the possible $9 million buyout to the Big 12, Bohn wants everybody to know that it would be borrowed against future earnings from the Pac-10 (because of anticipated bigger TV deals) and would not come from taxpayer money or from the general university fund." (I guess I may have mis-stated it in my earlier post. Could be that the CU Fund would make up any budget shortfalls and the AD would pay it back out of PAC earnings.)
     
  6. leftybuff

    leftybuff Iconoclast Club Member

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    Good news indeed, but can we find another metaphor?:brick:
     
  7. Sportsfan101

    Sportsfan101 Active Member

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    I thought the same thing when typing it but didn't want to spend the brainpower thinking of another metaphor. :lol:
     
  8. Buffnik

    Buffnik Real name isn't Nik Club Member Junta Member

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    TOUCHDOWN didn't come to mind? :lol:
     
  9. JimmyBuff

    JimmyBuff Well-Known Member

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    This is great news but it doesn't mean that we can sit down and say everything is done. We are still behind in the facilities race including our next close rival in Utah. Still need to invest in the program going forward. And Hawkins stinks.


    But getting away from the football factories like UT, OU and aggy is a welcome change.
     
    Last edited: Jun 14, 2010
  10. sackman

    sackman Club Member Club Member

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    :yeahthat:

    There remains a lot of work to be done. Fire Hawkins. Remodel the fieldhouse. Expand & add amenities to the stadium.
     
  11. BuffSurveyor

    BuffSurveyor Club Member Club Member

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    Yea, and sell more season tickets, get more money from donors, find a new rival to hate and etc......
     
  12. dio

    dio Admin Club Member Junta Member

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    God it will be nice when the nub trolls are gone
     
  13. Darth Snow

    Darth Snow Hawaiian Buffalo Club Member Junta Member

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    don't forget, get better trolls.
     
  14. NashBuff

    NashBuff CSU Knob-Slobberer

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    I believe this Pac-16 thing will happen 5-10 years down the road. CU won big by getting in first.
     
  15. Idot Buff

    Idot Buff Club Member Club Member

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    Not to be a heretic, but I am wondering if we should have stayed. We are out $10M, and we have no guarantee of how much revenue we will see in the PAC-12 (unlike the members of the Big 12, who are looking at twice as much money as they are getting now).

    I think that at the end of the day, we did the right thing. But it is a much less attractive (and a much riskier move) without Texas in the fold.
     
  16. Liver

    Liver modded mod Club Member Junta Member

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    U can't build a conference of true peers and competition when one member iinsists as a precondition that it gets to reap the lionshare of money. This is especially true when said bully is already at the very highest echelon of revenue producing athletic depts. Ohio state or USC would never be this aggressive because ultimately it hurts the whole product.

    Screw Texas.
     
  17. Lt.Col.FrankSlade

    Lt.Col.FrankSlade Well-Known Member

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    I agree with you.

    The revenue which could have come from the 16 team league with OU and Texas, to go along with all the Pac-10 schools, could have been staggering.

    At the end of the day, Colorado has wanted to go to the Pac 10 for thirty years. When the opportunity came, they jumped on it. If that was your goal then you should be very happy.

    Whether Colorado will see the financial gain is questionable. Could the Big 12 have generated a better TV deal without the Texas threat of leaving?
     
  18. Liver

    Liver modded mod Club Member Junta Member

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    Let me put it another way. If schools like Ohio state behaved like Texas then schools like northwestern would have been forced out of conference years ago. There will be no Cinderella stories in the b12. The alsorans are just glorified scrimmage partners now. And ultimately they will quit trying to compete and in the interim ut has hurt itself because the perceived strength of the conf schedule will be eroding.

    Screw Texas.
     
  19. SINKRATZ

    SINKRATZ Club Member Club Member

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    I gotta believe:

    1. CU was well briefed on the potential financial picture based on a multitude of conference realignment scenarios, including UT declining the Pac 10 invite.

    2. CU saw financial benefits regardless of what UT decided to do.

    3. While somewhat surprising, this isn't a huge shock to Larry Scott and the Pac 10 has planned for this possibility.
     
  20. DBT

    DBT Club Member Club Member

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    I've got a question on the pending TV deal and its impact on our revenue. We were told that each school in the Pac 16 scenario would receive around $20 million. That means the deal would have been in the $320 million per year range. I think the Big 10 deal is worth around $240 million per year and the Big XII is only in the $85 million range. Now that the Texas schools are not leaving the Big XII, what kind of deal can the Pac 11/12 expect? If we get, can't believe I said "we", a deal close to the Big 10 deal, each school will still see in the neighborhood of $20 million per year. Is that possible? Or do you believe that without the "16" scenario, the Pac 11/12 deal will be much less than $240 million? Or, could it, per chance, be higher?
     
  21. Lt.Col.FrankSlade

    Lt.Col.FrankSlade Well-Known Member

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    Out of the 6 BCS conferences, the Pac-10's TV contract ranked 5th, as of last season.

    1. SEC ($205 mil per year)
    2. Big 10 ($174 mil per year)
    3. Big 12 ($79.5 mil per year)
    4. ACC ($66.9 mil per year)
    5. Pac 10 ($53.2 mil per year)
    6. Big East ($45.3 mil per year)

    Without Texas in the mix, there is NO WAY the Pac 10 gets a "Big 10" type deal.
     
  22. Darth Snow

    Darth Snow Hawaiian Buffalo Club Member Junta Member

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    hehe. fify.
    Take a look at the fixed ACC deal and think again.
     
  23. Lt.Col.FrankSlade

    Lt.Col.FrankSlade Well-Known Member

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    East Coast contracts are worth a lot more, because they have better TV time slots. The Pac 10's late time slots hurts them.

    I think they will get more money -- just don't think it will be as much as it would have been had Texas made the jump.
     
  24. DBT

    DBT Club Member Club Member

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    Thanks guys. I was looking for those numbers. Which one of you is correct? Anyway, we shall see how good a deal broker the Pac 10 Commish is, won't we? The Big Ten deal was done 3 years ago, was it not? So, lets say we get a $150 million deal: That would be only $12 million to $13 million per. That is kind of depressing if so. I hope we get a better deal than that. But at least we are out of the Big XII.
     
  25. Lt.Col.FrankSlade

    Lt.Col.FrankSlade Well-Known Member

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    The ACC just entered into a new contract -- worth $160 mil per year.

    The info I had was from the 2009 season -- last year's numbers.
     
  26. Darth Snow

    Darth Snow Hawaiian Buffalo Club Member Junta Member

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    At the lowest of low ends, we get 150. Look for something midway between SEC and ACC contracts.
     
  27. Idot Buff

    Idot Buff Club Member Club Member

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    And had we stayed in the Big 12, we would have $20M and new sports (and money to buy out Danny). Now, we will write a check to the Big 12 for $10M. Sounds like a swell deal to me.
     
  28. DBT

    DBT Club Member Club Member

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    Yeah, that make sense. I'll say, oh, $180 mil. That would be $15 million per for each school. Add another mil for increased gate and a bit more for a cut of the Championship game. Plus, I suspect donations will go up. So, lets say $17 million per year? I could live with that. But I'm greedy.
     
  29. Darth Snow

    Darth Snow Hawaiian Buffalo Club Member Junta Member

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    False. You are forgetting everything else about the conference switch. And btw, no, we would not have gotten 20 mil anytime soon. Maybe 5 years down the road with next ESPN contract. FSN sure wouldn't have paid that much, and neither would ESPN renegotiate anytime soon. Plus, are you forgetting the unequal revenue sharing?

    So ya, hell no would we get 20 mil anytime soon in the big 12.
     
  30. DesertDawg526

    DesertDawg526 Resident Dawg Club Member

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    I'm guessing a 12 team Pac would see numbers close to the SEC if not more(i.e. 17 million).

    With roughly 20% of TV sets in this country tuned to the Pac, I would be absolutely shocked if any new deal brought in less than $15 million per team per year. I really just can't see this happening.

    The reason the current deal for the Pac is so low is that the deal was so old. Tom Hansen is no longer leading the charge for the Pac, and the Pac will be getting a very good gig for all members, whether it's 12 or 14 or 16 or however many teams.
     

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