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Post by beaverinsider211 on Sept 27, 2023 23:23:29 GMT -8
Interesting tidbits from Locked on Big 12 Podcast. I’ll add the link below for everyone. More and more steam for the Big 12. What they are saying in the podcast makes sense. ESPN has to make something happen for us and Wazzu.
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Post by korculabeav on Sept 28, 2023 5:33:01 GMT -8
Like I’ve said. If Herbstreit “loves OSU” that much, then use your influence to help make it happen. Otherwise stop wasting our time.
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Post by sparty on Sept 28, 2023 5:58:50 GMT -8
Like I’ve said. If Herbstreit “loves OSU” that much, then use your influence to help make it happen. Otherwise stop wasting our time. Herbstreit as new Pac commissioner? You give him more influence power than what most would. I don't pay any attention to him. |
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Post by joecool on Sept 28, 2023 6:48:47 GMT -8
Make this happen!
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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 Sept 28, 2023 7:02:26 GMT -8
where is this mysterious $300M + coming from?
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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 Sept 28, 2023 7:13:32 GMT -8
where is this mysterious $300M + coming from? I found this as a summary of the situation Pretty interesting interview. Summary is as follows: As long as the PAC remains an active P5 conference, it will receive $320M per year from ESPN as part of the CFP payout. That money will be split solely between OSU and Wazzu. The committee that has the power to change a conference’s “P” status is chaired by Kirk Schulz, the Wazzu president, and requires an unanimous vote to strip a conference of its “P” status (meaning it would never happen under his watch). OSU and Wazzu could play a full football schedule as P5s by using a fraction of that large payout to pay mid-majors to play them home and away indefinitely. As a consequence, it behooves the rest of the college football world to get both OSU and Wazzu in another P5 conference, otherwise those two schools will receive, by far, more football-related funding than any other school in the NCAA. |
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Post by bennyskid on Sept 28, 2023 7:16:03 GMT -8
where is this mysterious $300M + coming from? The payout from the CFB playoff over the next two years. That's the percentage of what ESPN is paying to televise the playoffs that goes to the Pac-2.
It's tough to change that. The CFB is not the NCAA, and they made a contract with the Pac12 as an entity. That entity still exists and is still a conference until the NCAA says it isn't. And the NCAA policy is that every conference that falls below eight teams has two years "grace" to get back to eight.
There are some people chirping that the winner of the Pac2 also gets an automatic slot in the CFB. I don't think that this is that case, since the NCAA would not recognize the champion of the Pac2 as a conference champion for purposes of qualifying to the post-season. But it depends on the details of the CFB contract, as the CFB is not the NCAA.
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Post by Werebeaver on Sept 28, 2023 7:18:42 GMT -8
Interesting tidbits from Locked on Big 12 Podcast. I’ll add the link below for everyone. More and more steam for the Big 12. What they are saying in the podcast makes sense. ESPN has to make something happen for us and Wazzu. Nice to have some substantial leverage. |
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Post by wilkyisdashiznit on Sept 28, 2023 12:36:01 GMT -8
where is this mysterious $300M + coming from? The payout from the CFB playoff over the next two years. That's the percentage of what ESPN is paying to televise the playoffs that goes to the Pac-2.
It's tough to change that. The CFB is not the NCAA, and they made a contract with the Pac12 as an entity. That entity still exists and is still a conference until the NCAA says it isn't. And the NCAA policy is that every conference that falls below eight teams has two years "grace" to get back to eight.
There are some people chirping that the winner of the Pac2 also gets an automatic slot in the CFB. I don't think that this is that case, since the NCAA would not recognize the champion of the Pac2 as a conference champion for purposes of qualifying to the post-season. But it depends on the details of the CFB contract, as the CFB is not the NCAA.
The number is $318.8 million for football. That is the Pac-12's remaining two-year payout under the four-team CFP, roughly $158.8 million, and the remaining two-year payout under the Rose Bowl contract, roughly $160 million. Please note that there should be around another $90 million March Madness payout over six years. Also, there should also be between $40-$50 million in currently un- or under-utilized capitalization left in the Pac-12. You mean CFP? No, no conference champion gets an automatic slot into the CFP after this season. The current rule is that the six highest-ranked Conference Champions gets an automatic slot into the CFP and the four highest-ranked Conference Champions get byes. It is expected that the six automatic bids into the CFP will get reduced down to five, but that has not happened yet. If Oregon State and Wazzu get invited to a Power Five conference, expect that to happen, though. The Power Five was created to allow those conferences to pay additional money to athletes to cover things other than money to attend school and to stay on campus (e.g., money for food, books, transportation, etc.). Prior to the creation of Power Five, paying for those things could result in sanctions. The NILs have basically wiped that out. The second thing that the Power Five was created for was to fill out the New Years Six Bowls. With the change to the 12-team playoff, that is wiped out, as well. Once the money dries up after the 2025-2026 season, the Power Five will basically be meaningless. I could see the Power Four keeping the Pac-12 around as the fifth Power Five conference to break ties moving forward. But a fifth Power Five conference would otherwise be unnecessary to keep around for football. |
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Post by NativeBeav on Sept 28, 2023 15:34:33 GMT -8
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Post by NativeBeav on Sept 28, 2023 15:37:51 GMT -8
I don't put a lot of stock in this - just sounds like more rumors, and - you mean, coaches could be a little like military recruiters? Tell them what they want to hear?
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Post by atownbeaver on Sept 28, 2023 15:47:17 GMT -8
where is this mysterious $300M + coming from? I found this as a summary of the situation Pretty interesting interview. Summary is as follows: As long as the PAC remains an active P5 conference, it will receive $320M per year from ESPN as part of the CFP payout. That money will be split solely between OSU and Wazzu. The committee that has the power to change a conference’s “P” status is chaired by Kirk Schulz, the Wazzu president, and requires an unanimous vote to strip a conference of its “P” status (meaning it would never happen under his watch). OSU and Wazzu could play a full football schedule as P5s by using a fraction of that large payout to pay mid-majors to play them home and away indefinitely. As a consequence, it behooves the rest of the college football world to get both OSU and Wazzu in another P5 conference, otherwise those two schools will receive, by far, more football-related funding than any other school in the NCAA. It is why the Big-12 invite is not off the table and also informs why there is more at play than just traitorous schools wanting a little more money in the conference power grab. Their is a lot of interest now in fully ending the Pac-12. Long story short, if these 4 other conferences want to boost their money from the playoffs, particularly as they expand and it becomes, in itself, a multi-billion entity, they REALLY need to.... well.... bribe the guy that holds the cards in the short term. And fortunately Schulz has strongly signaled they are partnered with OSU in this. I know most people discount this Big-12 talk, but I dunno. I am cynical enough to think that money always talks. Money wins. It seems likely if the Big-12 stood up and took OSU and WSU and the Pac WAS dissolved, the money Big-12 might get in playoff payout would go a long way to offsetting their shares, assuming that $320 million is divided among the 4 remaining conferences (+$80M each). I think a Big-12 invite is a lot more likely than a lot of people think. |
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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 Sept 28, 2023 16:24:33 GMT -8
I found this as a summary of the situation Pretty interesting interview. Summary is as follows: As long as the PAC remains an active P5 conference, it will receive $320M per year from ESPN as part of the CFP payout. That money will be split solely between OSU and Wazzu. The committee that has the power to change a conference’s “P” status is chaired by Kirk Schulz, the Wazzu president, and requires an unanimous vote to strip a conference of its “P” status (meaning it would never happen under his watch). OSU and Wazzu could play a full football schedule as P5s by using a fraction of that large payout to pay mid-majors to play them home and away indefinitely. As a consequence, it behooves the rest of the college football world to get both OSU and Wazzu in another P5 conference, otherwise those two schools will receive, by far, more football-related funding than any other school in the NCAA. It is why the Big-12 invite is not off the table and also informs why there is more at play than just traitorous schools wanting a little more money in the conference power grab. Their is a lot of interest now in fully ending the Pac-12. Long story short, if these 4 other conferences want to boost their money from the playoffs, particularly as they expand and it becomes, in itself, a multi-billion entity, they REALLY need to.... well.... bribe the guy that holds the cards in the short term. And fortunately Schulz has strongly signaled they are partnered with OSU in this. I know most people discount this Big-12 talk, but I dunno. I am cynical enough to think that money always talks. Money wins. It seems likely if the Big-12 stood up and took OSU and WSU and the Pac WAS dissolved, the money Big-12 might get in playoff payout would go a long way to offsetting their shares, assuming that $320 million is divided among the 4 remaining conferences (+$80M each). I think a Big-12 invite is a lot more likely than a lot of people think. Agreed,...but the gambler/poker/chess player in me says...what if we don't accept and go down the Pac 2 turn in the road?  LOTS and LOTS of potential money there for two Ag schools...but also risky... |
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Post by grayman on Sept 28, 2023 17:15:51 GMT -8
It is why the Big-12 invite is not off the table and also informs why there is more at play than just traitorous schools wanting a little more money in the conference power grab. Their is a lot of interest now in fully ending the Pac-12. Long story short, if these 4 other conferences want to boost their money from the playoffs, particularly as they expand and it becomes, in itself, a multi-billion entity, they REALLY need to.... well.... bribe the guy that holds the cards in the short term. And fortunately Schulz has strongly signaled they are partnered with OSU in this. I know most people discount this Big-12 talk, but I dunno. I am cynical enough to think that money always talks. Money wins. It seems likely if the Big-12 stood up and took OSU and WSU and the Pac WAS dissolved, the money Big-12 might get in playoff payout would go a long way to offsetting their shares, assuming that $320 million is divided among the 4 remaining conferences (+$80M each). I think a Big-12 invite is a lot more likely than a lot of people think. Agreed,...but the gambler/poker/chess player in me says...what if we don't accept and go down the Pac 2 turn in the road? LOTS and LOTS of potential money there for two Ag schools...but also risky... I think it would be the combination of finding some stability by joining the Big 12 as opposed to basically going it alone. Joining the Big 12 would enable OSU and WSU to go to a fully established power conference and allow full scheduling for all sports and therefore avoid that mess (even though I believe it's doable). Also, if OSU and WSU actually has this leverage, they will able to negotiate a pretty strong deal to join. Probably a good enough one that it could eventually exceed what they stood to gain by holding their cards. |
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Post by bvrbooster on Sept 28, 2023 18:36:11 GMT -8
The payout from the CFB playoff over the next two years. That's the percentage of what ESPN is paying to televise the playoffs that goes to the Pac-2.
It's tough to change that. The CFB is not the NCAA, and they made a contract with the Pac12 as an entity. That entity still exists and is still a conference until the NCAA says it isn't. And the NCAA policy is that every conference that falls below eight teams has two years "grace" to get back to eight.
There are some people chirping that the winner of the Pac2 also gets an automatic slot in the CFB. I don't think that this is that case, since the NCAA would not recognize the champion of the Pac2 as a conference champion for purposes of qualifying to the post-season. But it depends on the details of the CFB contract, as the CFB is not the NCAA.
The number is $318.8 million for football. That is the Pac-12's remaining two-year payout under the four-team CFP, roughly $158.8 million, and the remaining two-year payout under the Rose Bowl contract, roughly $160 million. Please note that there should be around another $90 million March Madness payout over six years. Also, there should also be between $40-$50 million in currently un- or under-utilized capitalization left in the Pac-12. You mean CFP? No, no conference champion gets an automatic slot into the CFP after this season. The current rule is that the six highest-ranked Conference Champions gets an automatic slot into the CFP and the four highest-ranked Conference Champions get byes. It is expected that the six automatic bids into the CFP will get reduced down to five, but that has not happened yet. If Oregon State and Wazzu get invited to a Power Five conference, expect that to happen, though. The Power Five was created to allow those conferences to pay additional money to athletes to cover things other than money to attend school and to stay on campus (e.g., money for food, books, transportation, etc.). Prior to the creation of Power Five, paying for those things could result in sanctions. The NILs have basically wiped that out. The second thing that the Power Five was created for was to fill out the New Years Six Bowls. With the change to the 12-team playoff, that is wiped out, as well. Once the money dries up after the 2025-2026 season, the Power Five will basically be meaningless. I could see the Power Four keeping the Pac-12 around as the fifth Power Five conference to break ties moving forward. But a fifth Power Five conference would otherwise be unnecessary to keep around for football. You add all that up, Wilky, and it's somewhere around $600 million, give or take the occasional million. If I understand things correctly, after UCLA and USC split, there was still a $30 million per year per team media rights contract on the table, right? Simple arithmetic; divide $600 million by 10, and you get $60 million per school. most payable over the next 2 years. So the Asshole Eight walked away from $50 to $60 million a year over the next 2 years to take partial or zero shares over that time in conferences far, far away? And, had Stanford and Cal stayed, that $600 million would have been divided by 4. So they walked away from that to get zero to play somewhere over the rainbow? Makes zero sense. I only hope Wazzu and OSU fight to keep that money, and don't give an inch. |
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