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CU has rejoined the Big 12 and broken college football - talking out asses continues

The Alabaster Yak said:
I don’t understand his tweet about schools leaving being on the hook for something
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If the P12 dies, I think the 12 schools will still be on the hook for those overpayments. I work with debt collection folks at my accounting job and that wouldn't surprise me the slightest if that was to happen. Comcast can take the 12 schools to court if necessary.

Apple can give the P12 $70M and the P12 does not have to give the share that would have gone to CU, USC, and UCLA anything and use it to get SDSU out of the MWC in time for the 2024 season. Ditto for SMU in the AAC and possibly CSU in the MWC.

Again, the devil is always in the details in cases like that. That is why there are internal lawyers who make sure I do my job right.
 
Buffnik said:
A quick update with something he left out of the original string:


That and the unequal revenue share when it's an open secret UW/UO will do just about anything to bolt for the B1G at the first opportunity... I don't know how UA will react but I would have been pissed if CU accepted that deal with a full share Big 12 offer on the table (and basketball isn't even much of a driver for fan & booster engagement for us while it's the lifeblood of UA).
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So ****ed. Plenty of teams that won't like that deal, if true.
 
dio said:
Can I ask that y'all summarize tweets these days? I know sports folks haven't really moved off yet, but it will help the non-users compared to the golden time when you just drop them w no context
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I'll give it a try and in a chronological way:

1. Arizona is the next school on their way to the Big 12. UO & UW are said to be going to the Big Ten.
2. P12 meeting tomorrow to tell the schools how much they will be making and how much the (sun) devil is in the details with the terms of the Apple TV contract. If MHver is right, there's no way UO, UW, and UA are staying in the PAC.
3. AZ Board of Regents meeting tomorrow after that P12 meeting. I don't think that is where the vote will be taken to decide on staying or going. Probably needs a second meeting which could be Wednesday at the earliest but that might not be the case in AZ.
4. ITB runs naked in the street screaming I TOLD YOU SO!
 
Buffnik said:
All 12 of us have a pro rata share of the debt from stealing from Comcast. The main carrot to stay is that the Apple deal pays off that debt for those who remain in the conference.

The other new enticement he reported is that Apple is now willing to buy PACN for an amount which would be able to pay the G5 buyouts while getting that financial albatross off the books.
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CarolinaBuff said:
It sounds like Apple will pay the conferenct $70 million and all schools will get a share, which would include CU. But what's confusing about that tweet is by saying "on the hook" it makes it sound like the schools would owe something, not the other way around.
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hd tournament GIF
 
PAC MAN said:
I'll give it a try and in a chronological way:

1. Arizona is the next school on their way to the Big 12. UO & UW are said to be going to the Big Ten.
2. P12 meeting tomorrow to tell the schools how much they will be making and how much the (sun) devil is in the details with the terms of the Apple TV contract. If MHver is right, there's no way UO, UW, and UA are staying in the PAC.
3. AZ Board of Regents meeting tomorrow after that P12 meeting. I don't think that is where the vote will be taken to decide on staying or going. Probably needs a second meeting which could be Wednesday at the earliest but that might not be the case in AZ.
4. ITB runs naked in the street screaming I TOLD YOU SO!
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That was pretty good until you got to bullet point 4....
 
LOL that PACN would be an add on to Apple TV subscription. What a joke. 99% sure that would make more expensive to get PACN thru Apple than currently with cable sports package (Comcast). What a turnoff to your fans ... "let's make it more expensive for our fans to watch our games on a s****y network because no one else wants these games"
 
PAC MAN said:
$30M for UA is still less than what the B12 would pay. I'm looking at Google Maps and Lubbock is closer to Tucson than Salt Lake City or the Bay Area. Manhattan KS is still three hours less than going to Eugene. Houston is also closer to Tucson than Eugene. Tucson to Ft. Worth is just one hour less than Boulder to Ft. Worth.

UA can use the same talking points that Rick George used to explain why it is good for CU's student athletes. ASU is a little closer to the west coast than Texas but that's splitting hairs there and Utah has BYU as a travel partner.

But what MWC school is going to pay $34M to only earn less than the $17M cost that SDSU was going to pay to exit the MWC.

If both AZ schools go, the P12 is history because there is no guarantee the NCAA will grant a waiver that would allow the P12 to sponsor football with just seven members before backfilling with MWC schools in 2025.

And that is not considering what UO & UW wants to do.
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Where are you getting $30M for UA if they stay? It was $20M per school and then an extra $10M taken from each new school added (with the half payout) up to 12, so if UA were to stay that would mean 3 new schools so an extra $30M to divide up among the remaining 9 schools. So basically $23M per existing school - slightly more for UW and UO and less for some others.
 
CarolinaBuff said:
Where are you getting $30M for UA if they stay? It was $20M per school and then an extra $10M taken from each new school added (with the half payout) up to 12, so if UA were to stay that would mean 3 new schools so an extra $30M to divide up among the remaining 9 schools. So basically $23M per existing school - slightly more for UW and UO and less for some others.
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Plus P12N deal. Plus P12 after dark if a linear deal is signed.

That’s the way I read it.

I think it could add 3-4M more.
 
The AZ BOR meeting tomorrow is of the 1/2 hour variety, so say the sports speakers-on-air waves.

They think it's a slam dunk vote to move from the sinking ship, based on meeting length.

It could be they are just confirming the appointment of a new secretary, based on meeting length.
 
CarolinaBuff said:
Where are you getting $30M for UA if they stay? It was $20M per school and then an extra $10M taken from each new school added (with the half payout) up to 12, so if UA were to stay that would mean 3 new schools so an extra $30M to divide up among the remaining 9 schools. So basically $23M per existing school - slightly more for UW and UO and less for some others.
Click to expand...

This is from MHver and it sounds like that information is coming from CU. All P9 schools would get $30M. If AZ leaves, that goes up to $40M for the P8 schools. Any new PAC school would get half that money. If CU stayed, I think it ends up being that $20M per school.

Somewhere I saw that said if two schools leave, the Apple TV contract will be re-opened.

And this is for 100% STREAMING. This is precisely what I wanted but I don't like the idea of the contract being re-opened if two schools leave and Apple ends up paying less money. Based on that, I'm glad CU went back home to the Big 12.
 
PAC MAN said:
This is from MHver and it sounds like that information is coming from CU. All P9 schools would get $30M. If AZ leaves, that goes up to $40M for the P8 schools. Any new PAC school would get half that money. If CU stayed, I think it ends up being that $20M per school.

Somewhere I saw that said if two schools leave, the Apple TV contract will be re-opened.

And this is for 100% STREAMING. This is precisely what I wanted but I don't like the idea of the contract being re-opened if two schools leave and Apple ends up paying less money. Based on that, I'm glad CU went back home to the Big 12.
Click to expand...
9 x 30 = 270
8 x 40 = 320

How do they gain $50M to the pot?
 
PAC MAN said:
This is from MHver and it sounds like that information is coming from CU. All P9 schools would get $30M. If AZ leaves, that goes up to $40M for the P8 schools. Any new PAC school would get half that money. If CU stayed, I think it ends up being that $20M per school.

Somewhere I saw that said if two schools leave, the Apple TV contract will be re-opened.

And this is for 100% STREAMING. This is precisely what I wanted but I don't like the idea of the contract being re-opened if two schools leave and Apple ends up paying less money. Based on that, I'm glad CU went back home to the Big 12.
Click to expand...

Yes I know it was from MHver. That $30 million (or 40 mil if UA leaves) is extra money to be divided up among the remaining P8/P9 members. So $4 mil extra per school if UA leaves. On top of the base of $20 mil per school. So up to $24 mil per school if UA leaves, not taking into account giving more to UO/UW and less to some others.
 
PAC MAN said:
This is from MHver and it sounds like that information is coming from CU. All P9 schools would get $30M. If AZ leaves, that goes up to $40M for the P8 schools. Any new PAC school would get half that money. If CU stayed, I think it ends up being that $20M per school.

Somewhere I saw that said if two schools leave, the Apple TV contract will be re-opened.

And this is for 100% STREAMING. This is precisely what I wanted but I don't like the idea of the contract being re-opened if two schools leave and Apple ends up paying less money. Based on that, I'm glad CU went back home to the Big 12.
Click to expand...
Haha uhh no dude. Read it again
 
CarolinaBuff said:
Yes I know it was from MHver. That $30 million (or 40 mil if UA leaves) is extra money to be divided up among the remaining P8/P9 members. So $4 mil extra per school if UA leaves.
Click to expand...

I do not see UO staying in the PAC on a 100% streaming deal even if ESPN could buy games. AZ basketball would complain too.
 
My guess:

22 -23 per existing team

1-2 per P12N sub (speculative)

1-2 per linear late night (still to be signed)
 
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