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Post by grayman on Aug 5, 2023 22:25:47 GMT -8
...do we just shutter the Pac-12 office?
Does the doomed Pac-12 really need to keep it running? Are there any positions there that actually need to be retained?
Not sure paying Kliavkoff another year's salary is worthwhile. What benefit do the schools get out of keeping a commissioner?
Maybe the NCAA requires it (not that it has any real power left). If so, just hire an interim commissioner for pennies on the dollar.
Pretty sure each school can handle compliance, etc. without having a Pac-12 employee.
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Post by fishwrapper on Aug 5, 2023 22:30:15 GMT -8
Well, it's gotta operate at least until the end of the 23-24 academic year. Theoretically it does provide oversight of operations, manages the media deal (such as it still is) and also manages the officials. But I can think of one employee without whom those functions can function.
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Post by Henry Skrimshander on Aug 5, 2023 23:10:59 GMT -8
Well, it's gotta operate at least until the end of the 23-24 academic year. Theoretically it does provide oversight of operations, manages the media deal (such as it still is) and also manages the officials. But I can think of one employee without whom those functions can function. It will continue to exist because it is more profitable to consolidate under the Pac-12 banner than the MWC. All units earned in the NCAA men's basketball tournament are paid out over a six-year span. For example, the 19 units earned in 2021 will be paid out until 2027. Units earned in 2021, 2022, 2023 and 2024 will be paid out until 2030. A unit in 2021 was worth $337,000. The Pac-12 had 19 units, which is $6,403,000 annually to the conference through 2027. Teams that leave the conference on 7/1/2024 don't share in this money after they leave. We, WSU, Stanford and Cal will. Not sure how many units were got in 2022 or 2023, but we get 1/12 of it and will get 1/4 of it after 7/1/24. CFP money will be paid out until 2026 or so, and the Pac receives a huge share. We will get 1/4 of that. So those assholes who bailed will be making us cash, as long as the Pac continues to exist. Sweet revenge. There's a lot more to this than the average Joe Blogger from some stupid fan site understands. SDSU earned some five last year. But there were the first additional units earned by the MWC in quite some time, as the league hadn't won a tournament game since 2016 or so. And it gets a very small share of CFP money. From a financial standpoint, it makes far more sense for the Pac to add two teams for 2024-5 and stay viable and cash in on that $420 million pot of gold owed the league. |
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Post by grayman on Aug 5, 2023 23:19:31 GMT -8
Well, it's gotta operate at least until the end of the 23-24 academic year. Theoretically it does provide oversight of operations, manages the media deal (such as it still is) and also manages the officials. But I can think of one employee without whom those functions can function. It will continue to exist because it is more profitable to consolidate under the Pac-12 banner than the MWC. All units earned in the NCAA men's basketball tournament are paid out over a six-year span. For example, the 19 units earned in 2021 will be paid out until 2027. Units earned in 2021, 2022, 2023 and 2024 will be paid out until 2030. A unit in 2021 was worth $337,000. The Pac-12 had 19 units, which is $6,403,000 annually to the conference through 2027. Teams that leave the conference on 7/1/2024 don't share in this money after they leave. We, WSU, Stanford and Cal will. Not sure how many units were got in 2022 or 2023, but we get 1/12 of it and will get 1/4 of it after 7/1/24. CFP money will be paid out until 2026 or so, and the Pac receives a huge share. We will get 1/4 of that. So those assholes who bailed will be making us cash, as long as the Pac continues to exist. Sweet revenge. There's a lot more to this than the average Joe Blogger from some stupid fan site understands. SDSU earned some five last year. But there were the first additional units earned by the MWC in quite some time, as the league hadn't won a tournament game since 2016 or so. And it gets a very small share of CFP money. So what happens with any schools that are brought in to join the Pac-4? Do they get a share? And what of the MWC with the buyout situation and their media deal, which runs through 25-26? |
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Post by wilkyisdashiznit on Aug 5, 2023 23:27:02 GMT -8
It will continue to exist because it is more profitable to consolidate under the Pac-12 banner than the MWC. All units earned in the NCAA men's basketball tournament are paid out over a six-year span. For example, the 19 units earned in 2021 will be paid out until 2027. Units earned in 2021, 2022, 2023 and 2024 will be paid out until 2030. A unit in 2021 was worth $337,000. The Pac-12 had 19 units, which is $6,403,000 annually to the conference through 2027. Teams that leave the conference on 7/1/2024 don't share in this money after they leave. We, WSU, Stanford and Cal will. Not sure how many units were got in 2022 or 2023, but we get 1/12 of it and will get 1/4 of it after 7/1/24. CFP money will be paid out until 2026 or so, and the Pac receives a huge share. We will get 1/4 of that. So those assholes who bailed will be making us cash, as long as the Pac continues to exist. Sweet revenge. There's a lot more to this than the average Joe Blogger from some stupid fan site understands. SDSU earned some five last year. But there were the first additional units earned by the MWC in quite some time, as the league hadn't won a tournament game since 2016 or so. And it gets a very small share of CFP money. So what happens with any schools that are brought in to join the Pac-4? Do they get a share? And what of the MWC with the buyout situation and their media deal, which runs through 25-26? Yes. I would love to be the guy to negotiate this thing. I would retire off of this one contract. |
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Post by grayman on Aug 5, 2023 23:35:51 GMT -8
FYI, the Pac-12 got seven units in 2023 for $14 million,
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Post by Henry Skrimshander on Aug 6, 2023 7:07:15 GMT -8
I would expect the MWC would bring its units along as well, not sure about that. SDSU made them a nice chunk of change this past year.
Lots and lots of details to be hammered out over the next 12 months.
What happens to the Pac-12's bowl tie-ins? Does the Alamo Bowl really want the #12 Big Ten team filling the Pac-12 # 2 or # 3 spot?
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Post by irimi on Aug 6, 2023 7:41:03 GMT -8
Regardless of the current environment, the Pac 12 name still has value.
I think there is value in keeping it alive. This Big Ten experiment may prove to be distasteful to the fleeing universities after a few years. There’s a reason even pro teams play in conferences mainly organized by proximity.
We need a real leader, though—a man with vision and a man who wants to put us on top.
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Post by wilkyisdashiznit on Aug 6, 2023 21:11:49 GMT -8
I would expect the MWC would bring its units along as well, not sure about that. SDSU made them a nice chunk of change this past year. Lots and lots of details to be hammered out over the next 12 months. What happens to the Pac-12's bowl tie-ins? Does the Alamo Bowl really want the #12 Big Ten team filling the Pac-12 # 2 or # 3 spot? I believe that all of the bowl contracts run through the next three seasons. The Alamo Bowl gets first selection after the Playoff. The Holiday Bowl gets the second pick in 2023 and 2025. The Las Vegas Bowl gets the second pick after the Alamo Bowl in 2024. And the Holiday or Las Vegas Bowls get the third pick. The Sun Bowl gets the fourth pick. The Los Angeles Bowl gets the fifth pick. And, if I remember right, those are all of the de facto bowl contracts. After that, there are contingencies that can get triggered, but I do not know whether they are contractual contingencies or not. If another conference merges with the Pac-4+, I believe that the bowl contracts can get renegotiated, but you can't bump one of the other conference's bowls, so everyone may just wait until 2026 to sort out new contracts. Also, I have heard that the ACC wants to try and merge with the Pac-12, because they see that as the way that they can get out of (or at least modify) their 13-year contract, which is putting them fourth in the current conference money pecking order. |
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