What's new
AllBuffs | Unofficial fan site for the University of Colorado at Boulder Athletics programs

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

  • Prime Time. Prime Time. Its a new era for Colorado football. Consider signing up for a club membership! For $20/year, you can get access to all the special features at Allbuffs, including club member only forums, dark mode, avatars and best of all no ads ! But seriously, please sign up so that we can pay the bills. No one earns money here, and we can use your $20 to keep this hellhole running. You can sign up for a club membership by navigating to your account in the upper right and clicking on "Account Upgrades". Make it happen!

Iowa St is completely fu**ed if the Big 12-2-1 collapses

Bone Buff

Club Member
Club Member
http://espn.go.com/college-sports/story/_/id/6970677/big-12-schools-face-economic-impact-shuffling

The highlight:

There is a reason schools like Iowa State, Kansas State and Missouri are holding their ground in the A&M/SEC affair -- or at the very least approaching it with trepidation. The television deal that the Big 12 signed with Fox Sports Media Group for an estimated $90 million over a 13-year period beginning in 2012 allowed schools to begin major on-campus projects. The Big 12 still had three years remaining on a deal with ESPN/ABC, too.

Iowa State went ahead with projects after the Fox contract was completed and took out $40 million in bonds based on the deal. Iowa State has invested $5 million in a new video board, $20 million in a football building and an estimated $15 million in a sports complex for track, soccer and softball. The video board project began in July for this football season and the other two projects are under construction.

Yeah, if I had already spent 40 mil of money I was promised, I'd reserve my right to sue too.
 
When those bond payments default, not only will Iowa St. be ****ed. Iowa the state will be ****ed.
 
I'd say that there's 100% chance someone's getting sued. I'd say the SEC is target #1.
 
For the sake of my dumb **** cousins who somehow feel the need to talk **** about my Buffs while they hoot & holler about how damn good ISU is after they beat Iowa......I honestly can't wait to have the final laugh when they're irrelevance is 100% set in stone
 
Even better the Buffs got out when they did without killing the conference. Let the lawsuits fly!
 
You know, in all honesty, I thought the whole lawsuit thing was really all about Baylor being Baylor, but if I'm Iowa State, I have to sue. I have no choice. Maybe A&M and the SEC think it's all bull****, but it seems to me that it's an economic necessity. Which of course then prompts the question - if Iowa State does go forward with some sort of litigation, does that mean the Pac-12 stops short of expansion? OU and the Pac-12 can't do anything until the A&M to SEC move goes forward, for fear of opening themselves up to the same thing.
 
You know, in all honesty, I thought the whole lawsuit thing was really all about Baylor being Baylor, but if I'm Iowa State, I have to sue. I have no choice. Maybe A&M and the SEC think it's all bull****, but it seems to me that it's an economic necessity. Which of course then prompts the question - if Iowa State does go forward with some sort of litigation, does that mean the Pac-12 stops short of expansion? OU and the Pac-12 can't do anything until the A&M to SEC move goes forward, for fear of opening themselves up to the same thing.

No kidding right? That article makes me think there's no way the Texas A&M to the SEC this is going to get resolved in time for the 2012 season.
 
Iowa State was dumb. You don't spend money you don't have or make commitments on a bond that is based on a situation you know is unstable.
 
Iowa State was dumb. You don't spend money you don't have or make commitments on a bond that is based on a situation you know is unstable.

Seriously. If those Cyclones had visited Allbuffs, they would have been well aware that the Big 12 would not last beyond 2013 at best. We reported that often.
 
Truth but I'd sue the hell out of the Big 12-10-9 or SEC because of this. ISU moving to the MWC will probably be best in the long run for them.

Okay Kizla. Nah, as far as money goes it is is terrible, but they will get to win more and get a trip to Hawaii every so often.
 
Okay Kizla. Nah, as far as money goes it is is terrible, but they will get to win more and get a trip to Hawaii every so often.
Money yes it's not good but they will be able to win consistently in the MWC, or they should be able to.
 
ISU knows that in the grand scheme of things they are in deep trouble. This may be the start of a strategy that says if you are going to leave us out of the big party we are going to make you pay for it. They may be shooting for some major dollars in a payout from future revenues of the schools headed to other conferences, likely spread out over a number of years. A&M and the Okie schools may be willing to do this since they will be getting bigger payouts per year in their new homes. A few million each to ISU (and KSU if they get left out) per year for a few years may be an acceptable price to pay in order to make the moves to new conference homes.
 
ISU knows that in the grand scheme of things they are in deep trouble. This may be the start of a strategy that says if you are going to leave us out of the big party we are going to make you pay for it. They may be shooting for some major dollars in a payout from future revenues of the schools headed to other conferences, likely spread out over a number of years. A&M and the Okie schools may be willing to do this since they will be getting bigger payouts per year in their new homes. A few million each to ISU (and KSU if they get left out) per year for a few years may be an acceptable price to pay in order to make the moves to new conference homes.

Do they want to go there? That sets a precedent that can cause real headaches. First ISU, then KState, possibly Baylor, then Tech... and what about what happens when the SEC and ACC (and Big Ten) get around to poaching the Big East and destabilizing it? Suddenly you've got schools back there that are getting their facilities paid for. Considering the SEC is on the legal hook right now, this could have a real chilling effect here.
 
Do they want to go there? That sets a precedent that can cause real headaches. First ISU, then KState, possibly Baylor, then Tech... and what about what happens when the SEC and ACC (and Big Ten) get around to poaching the Big East and destabilizing it? Suddenly you've got schools back there that are getting their facilities paid for. Considering the SEC is on the legal hook right now, this could have a real chilling effect here.

Nobody "wants" to go there. We are talking about millions of dollars in revenue that potentially may be funnelled from the schools that are moving to those that are left. On the other hand the schools that are left may have a pretty good legal argument that the schools leaving made a solid commitment and that by breaking the commitment they are costing the remaining schools millions of dollars in perpetuity and at a minimum for the length of the media contracts.

It may all turn into a big game of legal chicken. How much will the leaving schools pay to be able to move on without the very real fear of litigation resulting in huge judgements, how much will the remainding schools settle for to not pursue that litigation?

At the minimum I would think that ISU and Co. are going to get some figures thrown at them that will make people stand up and take notice, likely much higher than CU and NU paid to leave since CU and NU left a viable income stream behind them.

Eventually ISU and some others are going to be on the outside looking in. The question is how large will their "parting gift" be and based on the promises of a viable conference, the already signed media contracts, and the historic relations involved they will have enough of an argument to scare the other schools to the negotiating table.

In the end they will still end up in lower level conferences like the MWC or C-USA but they will have a big cash cushion to ease the blow.
 
Iowa State was dumb. You don't spend money you don't have or make commitments on a bond that is based on a situation you know is unstable.

:yeahthat: Or not, depending on what deals had been signed after CU and UNL left in order to keep the conference together. I seem to remember hearing something about the remaining schools agreeing to much more iron clad agreements that were supposed to keep anybody else from leaving. If those got signed, and ISU thought they were guaranteed either the 10 team Big XII they were promised or cash from the departing teams if it didn't hold together, I won't blame them too much. I also won't blame them for suing to enforce those rights...
 
In the end they will still end up in lower level conferences like the MWC or C-USA but they will have a big cash cushion to ease the blow.

I was thinking about that today. Somehow, someway, they're going to get this stuff paid for, and if/when they drop down, they should have a considerable facilities advantage over their MWC or C-USA compatriots. Of course, they'll still be recruiting to Ames, so it'll still be a struggle.
 
Iowa State was dumb. You don't spend money you don't have or make commitments on a bond that is based on a situation you know is unstable.

WAIT......

ISU signed a deal with ESPN..... ESPN is a very stable entity. ISU will get paid.... They have to. They may settle, but their improvements will get paid for.
 
I feel bad for ISU in all of this realignment crap. This thread makes me feel even worse for them. ISU stands to seriously get ****ed. So does Baylor, but I'm happy with that fact.
 
I feel bad for ISU in all of this realignment crap. This thread makes me feel even worse for them. ISU stands to seriously get ****ed. So does Baylor, but I'm happy with that fact.
This although moving to the MWC may be the best for them in long term.
 
This although moving to the MWC may be the best for them in long term.

No.... Best for them would be to create the Cyclone Network and have ESPN make them a $400 million dollar deal over a 10 year period.....

I think that is the best for them in the long term....
 
The worst thing that has to be happening to them is Iowa fan sitting over there in Iowa City laughing his ass off at lil brother while they're cashing checks from the Big Ten Network.

Just think what we'd be doing to CSU if the MWC was an AQ conference and it was falling apart. Sure, CSU fan deserves it, but we'd be brutal.
 
Back
Top