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Post by rgeorge on Sept 6, 2023 10:46:43 GMT -8
I believe it's called a reverse merger because the larger entity will be merging with the smaller entity and taking its name. Customarily it's the other way around. I knew in terms of the business model as typically a "reverse" is a take over. But, my guess is that in terms of "business" (brand, finances, etc) the Pac2 is still the bigger entity??? By, number of teams of course the MWC is larger, but in every other way the MWC is going "big". I guess?? But, in this time of upheaval, a merger is a merger. Make it work for now. |
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Post by grayman on Sept 6, 2023 11:27:19 GMT -8
"BUT... mention somewhere earlier... OSU can't "BUY" their way into the B12 or any other conference! What... you pay the conference to join and then get no income?? Never has, and never will happen as it makes absolutely zero sense."
It depends on how you define "buy" in these scenarios. Yes, a direct payment of money to get into a conference does not make a lot of sense. It's more about using that cash to alleviate the financial hit a conference would take in adding a school.
For example, agreeing to use money that you have access to in lieu of taking a full share of the TV money for a time could be considered buying your way into a conference in a sense. SMU is doing just that with the ACC.
Or using assets that are worth money, such as the Pac-12 Network, to leverage a membership into the Big 12 could be considered buying your way in.
Or using non-cash assets to work a reverse merger with the MWC could be considered buying in...well, more like buying the conference.
Anyway, I'm not saying all these methods are great ideas, but OSU potentially could be in a position to pull them off if it so chooses.
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Post by rgeorge on Sept 6, 2023 12:09:39 GMT -8
"BUT... mention somewhere earlier... OSU can't "BUY" their way into the B12 or any other conference! What... you pay the conference to join and then get no income?? Never has, and never will happen as it makes absolutely zero sense."It depends on how you define "buy" in these scenarios. Yes, a direct payment of money to get into a conference does not make a lot of sense. It's more about using that cash to alleviate the financial hit a conference would take in adding a school. For example, agreeing to use money that you have access to in lieu of taking a full share of the TV money for a time could be considered buying your way into a conference in a sense. SMU is doing just that with the ACC. Or using assets that are worth money, such as the Pac-12 Network, to leverage a membership into the Big 12 could be considered buying your way in. Or using non-cash assets to work a reverse merger with the MWC could be considered buying in...well, more like buying the conference. Anyway, I'm not saying all these methods are great ideas, but OSU potentially could be in a position to pull them off if it so chooses. In that scenario, off set a lower payout, it requires an invite. As of now all parties involved have said that's not happening. And, OSU/WSU can't wait around for a maybe. Merge, use your revenues, be successful and draw eyes to screens, and maybe in two years?? But, the obvious, seemingly available best option is merge to a 14 team football conference... 6 north games and 3 south games rotating every 3rd (if it lasts) season. Finalize asap so other sports can get on the ball and schedule up NC games... as tough as you need to maintain RPI. For baseball, all the former Pac12 teams are easy and RPI friendly options. Can't be too picky if you need close RPI+ teams. |
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