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Post by Henry Skrimshander on Aug 6, 2023 13:12:08 GMT -8
Home-and-home. That's the only thing we should agree to.
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Post by korculabeav on Aug 6, 2023 13:19:20 GMT -8
Oregon will man up and play the Civil War at alternating sites, or they will be exposed as cowards. We play them until the sun supernovas, in Corvallis and then Eugene, every other year. I don't think Oregon cares about OSU fans or anyone thinking that they are cowards for not wanting to play at OSU every other year. But if both schools agree, then by all means keep playing it. ONLY aid the deal is no worse than our current arrangement. If the Ducks want something that favors them monetarily or home field wise, we will tell them to GFT. |
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Post by qbeaver on Aug 6, 2023 13:21:00 GMT -8
Never
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Post by qbeaver on Aug 6, 2023 13:22:05 GMT -8
Never…college sports are dead to me after 2024.
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Post by bvrbooster on Aug 6, 2023 13:27:50 GMT -8
This is the first I've known of unpaid residual money, and want to be sure I understand it completely. I'm going to list my current understanding point by point, and would ask that somebody with actual knowledge confirm or correct each of them.
(1) The PAC 12 conference currently has some $420 million in earned, but unpaid, money coming in over the next 5 or so years.
(2) The conference will continue to generate such revenue during the 2023-24 year, so, presumably, there will be about about the same available a year from now.
(3) The money is distributed equally among all schools who are members in good standing at the time of the distribution, but not including schools who were members at the time the money was earned. (This is key to the whole discussion; is this correct?)
(4) If the distribution period is 5 years, that's $82 million per year. This year, then, each of the 12 conference schools will receive just under $7 million.
(5) In future years, the 8 traitor schools will have forfeited their shares, so the 4 remaining conference members would each get $20.5 million for another 5 years.
(6) After that, any residual payments would be a function of what the 4 remaining schools would have earned over that time.
Now some questions:
(1) What happens to the money if the conference is completely dissolved a year from now?
(2) If, instead of all the remaining schools being absorbed into another conference, they formed an alliance with it with an eye toward eventual merger, do they get to have their cake and eat it too? Become the PAC 12-Big 12 Alliance to get the Big 12 media deal and keep the $420 million in house?
That would have to include the 4 traitor schools, so the $420 million would be split 8 ways rather than 4, but the whole thing could work out that way.
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Post by beavheart on Aug 6, 2023 13:35:25 GMT -8
Hole is going to need us more than we need them. Scheduling as much local competition in all sports is now paramount in their new arrangement, and their options are already thin.
Angie Machado said it best - Hole wants a divorce, yet they want to continue to have all the benefits of marriage. Yeah, that's a hard no. I don't even see how it matters if we need a payday - We would be contributing to the continuance of the very thing that put us in this situation. Call someone else $ucks.
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Post by grayman on Aug 6, 2023 13:49:04 GMT -8
well damn. If we merge with the MWC and avoid buy outs that's awfully nice. MWC should have 10s of millions coming in too right? Call it $440 mil and that's something like $30 million a team with a direct merge. Couple that with a 10-15 million media deal and some payout OOC and you've got yourself a functional conference. Hell with some money in the bank we don't even have to play hole for acouple years. Our share of the $420 million is about $105 million, like $15 million a year until the next round of contract negotiations. If we get a $15 million per team media deal, and an OOC payout, things work out fine. But even so, we don't turn down the $2+ million that an Oregon-Oregon State game would generate. Clemson-South Carolina, Florida-Florida State, Georgia-Georgia Tech, and Kentucky-Louisville make it work. Why can't we? I can't help but think the other eight schools are going to try to stake a claim in the $420 million, moving through all payouts earned through this coming season. They all were part of the conference while those tournaments were played and some of them no doubt earned many more units than the remaining four teams. I know the NCAA pays out to the conferences but this is an unusual situation having eight of 12 teams leave a conference in one fell swoop. The team by team disbursement is up to the conference itself but that is still made up of all 12 teams. It definitely seems like the Pac-4 would be the teams to get the money but it might get messy. |
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ftd
Junior
"I think real leaders show up when times are hard." Trent Bray 11/29/2023
Posts: 2,517
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Post by ftd on Aug 6, 2023 13:53:22 GMT -8
Lifetime boycott all 8 schools who killed the PAC. Then the dumb ducks can’t claim we just do t want to play them. unless we join the b12 |
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Post by wilkyisdashiznit on Aug 6, 2023 13:54:25 GMT -8
This is the first I've known of unpaid residual money, and want to be sure I understand it completely. I'm going to list my current understanding point by point, and would ask that somebody with actual knowledge confirm or correct each of them. (1) The PAC 12 conference currently has some $420 million in earned, but unpaid, money coming in over the next 5 or so years. (2) The conference will continue to generate such revenue during the 2023-24 year, so, presumably, there will be about about the same available a year from now. (3) The money is distributed equally among all schools who are members in good standing at the time of the distribution, but not including schools who were members at the time the money was earned. (This is key to the whole discussion; is this correct?) (4) If the distribution period is 5 years, that's $82 million per year. This year, then, each of the 12 conference schools will receive just under $7 million. (5) In future years, the 8 traitor schools will have forfeited their shares, so the 4 remaining conference members would each get $20.5 million for another 5 years. (6) After that, any residual payments would be a function of what the 4 remaining schools would have earned over that time. Now some questions: (1) What happens to the money if the conference is completely dissolved a year from now? (2) If, instead of all the remaining schools being absorbed into another conference, they formed an alliance with it with an eye toward eventual merger, do they get to have their cake and eat it too? Become the PAC 12-Big 12 Alliance to get the Big 12 media deal and keep the $420 million in house? That would have to include the 4 traitor schools, so the $420 million would be split 8 ways rather than 4, but the whole thing could work out that way.
3. We need to decide how that money is distributed with California and Stanford (if they stay) and Wazzu. We could decide that a new conference member gets a piece of that, as well. (You never know.) But as long as the Pac-12 gets to six teams and plays each other, Oregon State earns a 1/6, 1/5, or 1/4 of the $420 million.
4 & 5. The distribution period begins after the eight teams leave and is set to last at least five years. There should be new revenue generated next year, which would last into year six. That money is not necessarily a set money. I would guess that it is frontloaded to a certain extent. But it will definitively not be fully paid out until at least 2029, and this year's money is not going to be 100% paid out until at least 2030, which is nice, because the next round of contract negotiations are set to begin in about 2030. So, basically, Oregon State has a $105 million or thereabouts, less whatever it takes to get two other teams in and it will take at least six years to get all of that money in.
6. After 2030, almost all, if not all, of the Pac-12 residual money will be gone and, money earned after that time, will be what the Pac-4+ will have earned from 2024-2030. That is when it really hits the fan. We either kill it from here until 2030, or Oregon State needs to find a soft landing spot, once 2030 rolls around.
1. If the conference dissolves, it probably comes down to either (1) what the Pac-12's Charter says or (2) what the Articles of Dissolution say. The Pac-12's Charter probably has some boilerplate about what happens if the conference dissolves. That should control. In Arizona, typically, you would file a lawsuit to dissolve an entity to provide creditors the chance to claim that money. That might happen, and then a judge decides how the money is divided. I have no idea how things are going to be divided, because I do not know what boilerplate that they signed on to. There is a lawyer, who is set to make a ton of money on that whole thing, should the Pac-12 really dissolve.
2. If there is a merger, there is a merger, and the terms of the merger determine how the money is divided. And that might trip up something in the Charter, but I don't know. If there is an Alliance, then the Pac-12 teams in the Alliance keep the money or allocate, pursuant to the terms of the Pac-12's Charter. Once again, there is a lawyer, who is going to make a ton of money on that eventuality, but it probably won't be me. |
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Post by wilkyisdashiznit on Aug 6, 2023 13:58:49 GMT -8
Our share of the $420 million is about $105 million, like $15 million a year until the next round of contract negotiations. If we get a $15 million per team media deal, and an OOC payout, things work out fine. But even so, we don't turn down the $2+ million that an Oregon-Oregon State game would generate. Clemson-South Carolina, Florida-Florida State, Georgia-Georgia Tech, and Kentucky-Louisville make it work. Why can't we? I can't help but think the other eight schools are going to try to stake a claim in the $420 million, moving through all payouts earned through this coming season. They all were part of the conference while those tournaments were played and some of them no doubt earned many more units than the remaining four teams. I know the NCAA pays out to the conferences but this is an unusual situation having eight of 12 teams leave a conference in one fell swoop. The team by team disbursement is up to the conference itself but that is still made up of all 12 teams. It definitely seems like the Pac-4 would be the teams to get the money but it might get messy. The TV companies pay conferences, not teams, and they do not pay you at the time. They pay you after the fact, because they do not get the money at the time either. They get the money after the fact. And they use what happen as leverage to try and make more money in the future. If you want that money, stay in the Pac-12. Otherwise, you are out of luck. It could get messy, but Oregon State can make moves with an eye toward securing that money. And the Big Ten or Big 12 could also add the four remaining teams and call it a merger and get that money, as well. |
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Post by Henry Skrimshander on Aug 6, 2023 14:02:55 GMT -8
Our share of the $420 million is about $105 million, like $15 million a year until the next round of contract negotiations. If we get a $15 million per team media deal, and an OOC payout, things work out fine. But even so, we don't turn down the $2+ million that an Oregon-Oregon State game would generate. Clemson-South Carolina, Florida-Florida State, Georgia-Georgia Tech, and Kentucky-Louisville make it work. Why can't we? I can't help but think the other eight schools are going to try to stake a claim in the $420 million, moving through all payouts earned through this coming season. They all were part of the conference while those tournaments were played and some of them no doubt earned many more units than the remaining four teams. I know the NCAA pays out to the conferences but this is an unusual situation having eight of 12 teams leave a conference in one fell swoop. The team by team disbursement is up to the conference itself but that is still made up of all 12 teams. It definitely seems like the Pac-4 would be the teams to get the money but it might get messy. It's not a rule or anything but common sense says if you're going to demand disbursement money from the conference you left, you can't then also accept disbursement money from the conference you just joined. They'll get more from the Big ten because the big Ten has more units because 8-9 teams get in the tournament every year. |
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Post by grayman on Aug 6, 2023 14:14:29 GMT -8
I can't help but think the other eight schools are going to try to stake a claim in the $420 million, moving through all payouts earned through this coming season. They all were part of the conference while those tournaments were played and some of them no doubt earned many more units than the remaining four teams. I know the NCAA pays out to the conferences but this is an unusual situation having eight of 12 teams leave a conference in one fell swoop. The team by team disbursement is up to the conference itself but that is still made up of all 12 teams. It definitely seems like the Pac-4 would be the teams to get the money but it might get messy. The TV companies pay conferences, not teams, and they do not pay you at the time. They pay you after the fact, because they do not get the money at the time either. They get the money after the fact. And they use what happen as leverage to try and make more money in the future. If you want that money, stay in the Pac-12. Otherwise, you are out of luck. It could get messy, but Oregon State can make moves with an eye toward securing that money. And the Big Ten or Big 12 could also add the four remaining teams and call it a merger and get that money, as well. The NCAA pays out the money. It's roughly 30 percent of the TV revenue for the tournament. |
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Post by grayman on Aug 6, 2023 14:21:11 GMT -8
I can't help but think the other eight schools are going to try to stake a claim in the $420 million, moving through all payouts earned through this coming season. They all were part of the conference while those tournaments were played and some of them no doubt earned many more units than the remaining four teams. I know the NCAA pays out to the conferences but this is an unusual situation having eight of 12 teams leave a conference in one fell swoop. The team by team disbursement is up to the conference itself but that is still made up of all 12 teams. It definitely seems like the Pac-4 would be the teams to get the money but it might get messy. It's not a rule or anything but common sense says if you're going to demand disbursement money from the conference you left, you can't then also accept disbursement money from the conference you just joined. They'll get more from the Big ten because the big Ten has more units because 8-9 teams get in the tournament every year. They wouldn't demand disbursement from the conference they just joined because they haven't earned any units while a member of that conference yet. They absolutely earned the vast majority of the credits that adds up to that $420 million in the Pac-12. And while it probably doesn't matter, this is not at all comparable to one team leaving a conference. Again, it looks like the Pac-4 teams will get the money. But if there's litigation, it could be a long wait. |
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Post by irimi on Aug 6, 2023 14:22:30 GMT -8
How is this even a question? You know they consider UW their real rival anyway. They’ll be smug, as if they pity us. f%#* ‘em.
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Post by bvrbooster on Aug 6, 2023 16:45:29 GMT -8
This is the first I've known of unpaid residual money, and want to be sure I understand it completely. I'm going to list my current understanding point by point, and would ask that somebody with actual knowledge confirm or correct each of them. (1) The PAC 12 conference currently has some $420 million in earned, but unpaid, money coming in over the next 5 or so years. (2) The conference will continue to generate such revenue during the 2023-24 year, so, presumably, there will be about about the same available a year from now. (3) The money is distributed equally among all schools who are members in good standing at the time of the distribution, but not including schools who were members at the time the money was earned. (This is key to the whole discussion; is this correct?) (4) If the distribution period is 5 years, that's $82 million per year. This year, then, each of the 12 conference schools will receive just under $7 million. (5) In future years, the 8 traitor schools will have forfeited their shares, so the 4 remaining conference members would each get $20.5 million for another 5 years. (6) After that, any residual payments would be a function of what the 4 remaining schools would have earned over that time. Now some questions: (1) What happens to the money if the conference is completely dissolved a year from now? (2) If, instead of all the remaining schools being absorbed into another conference, they formed an alliance with it with an eye toward eventual merger, do they get to have their cake and eat it too? Become the PAC 12-Big 12 Alliance to get the Big 12 media deal and keep the $420 million in house? That would have to include the 4 traitor schools, so the $420 million would be split 8 ways rather than 4, but the whole thing could work out that way.
3. We need to decide how that money is distributed with California and Stanford (if they stay) and Wazzu. We could decide that a new conference member gets a piece of that, as well. (You never know.) But as long as the Pac-12 gets to six teams and plays each other, Oregon State earns a 1/6, 1/5, or 1/4 of the $420 million.
4 & 5. The distribution period begins after the eight teams leave and is set to last at least five years. There should be new revenue generated next year, which would last into year six. That money is not necessarily a set money. I would guess that it is frontloaded to a certain extent. But it will definitively not be fully paid out until at least 2029, and this year's money is not going to be 100% paid out until at least 2030, which is nice, because the next round of contract negotiations are set to begin in about 2030. So, basically, Oregon State has a $105 million or thereabouts, less whatever it takes to get two other teams in and it will take at least six years to get all of that money in.
6. After 2030, almost all, if not all, of the Pac-12 residual money will be gone and, money earned after that time, will be what the Pac-4+ will have earned from 2024-2030. That is when it really hits the fan. We either kill it from here until 2030, or Oregon State needs to find a soft landing spot, once 2030 rolls around.
1. If the conference dissolves, it probably comes down to either (1) what the Pac-12's Charter says or (2) what the Articles of Dissolution say. The Pac-12's Charter probably has some boilerplate about what happens if the conference dissolves. That should control. In Arizona, typically, you would file a lawsuit to dissolve an entity to provide creditors the chance to claim that money. That might happen, and then a judge decides how the money is divided. I have no idea how things are going to be divided, because I do not know what boilerplate that they signed on to. There is a lawyer, who is set to make a ton of money on that whole thing, should the Pac-12 really dissolve.
2. If there is a merger, there is a merger, and the terms of the merger determine how the money is divided. And that might trip up something in the Charter, but I don't know. If there is an Alliance, then the Pac-12 teams in the Alliance keep the money or allocate, pursuant to the terms of the Pac-12's Charter. Once again, there is a lawyer, who is going to make a ton of money on that eventuality, but it probably won't be me.Thanks for that information; greatly appreciate it. This, then, provides a solid base, for the Fab Four over the next few years. They each know they can bring in triple in 2024-25 what they will get this year. They would probably need to give up some of that to get 2 new schools in the conference, but they'd still be well ahead of the game. In football, they'd have 7 ooc games, which would afford a bridge to Stanford if they wanted to go the independent route. Distasteful though it might be, they could all schedule some of those against teams from the Despicable Eight to generate fan and television interest. It buys time - something which we could really use. |
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