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Post by Dave86 on Oct 8, 2023 20:10:29 GMT -8
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Post by hottubbeaver on Oct 9, 2023 10:23:24 GMT -8
Seems to confirm what was already the logical conclusion formed by many, O and W gave no indication to remaining schools they were not 100% on board with the Apple deal until hte final minutes. Probably the most insightful quote (paraphrasing) is, conference presidents stopped being honest in stating what was important to them and what they really wanted. That was in reference to the last few years not just the final weeks/months. As for the 50 million, isn't it normal in a negotiation to receive an offer, say 30 million, then ask for 50 million and hope to settle somewhere in the middle? Apparently from the sounds of it, the commissioner didn't understand that's how a negotiation works and overplayed his hand. |
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Post by drunkandstoopidbeav on Oct 9, 2023 10:46:54 GMT -8
Seems to confirm what was already the logical conclusion formed by many, O and W gave no indication to remaining schools they were not 100% on board with the Apple deal until hte final minutes. Probably the most insightful quote (paraphrasing) is, conference presidents stopped being honest in stating what was important to them and what they really wanted. That was in reference to the last few years not just the final weeks/months. As for the 50 million, isn't it normal in a negotiation to receive an offer, say 30 million, then ask for 50 million and hope to settle somewhere in the middle? Apparently from the sounds of it, the commissioner didn't understand that's how a negotiation works and overplayed his hand. Is asking 66% over offer normal? I wouldn't know. Reverse that, if you were selling a house and someone offered you 66% below what you thought was a reasonable asking price, would you even counter? |
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Post by atownbeaver on Oct 9, 2023 11:40:49 GMT -8
Seems to confirm what was already the logical conclusion formed by many, O and W gave no indication to remaining schools they were not 100% on board with the Apple deal until hte final minutes. Probably the most insightful quote (paraphrasing) is, conference presidents stopped being honest in stating what was important to them and what they really wanted. That was in reference to the last few years not just the final weeks/months. As for the 50 million, isn't it normal in a negotiation to receive an offer, say 30 million, then ask for 50 million and hope to settle somewhere in the middle? Apparently from the sounds of it, the commissioner didn't understand that's how a negotiation works and overplayed his hand. Is asking 66% over offer normal? I wouldn't know. Reverse that, if you were selling a house and someone offered you 66% below what you thought was a reasonable asking price, would you even counter? Yeah... Lets put this into a Facebook Marketplace scenario. Somebody is selling their beat up Honda Civic. Blue book is $5,750 so you offer $5,000. They come back and say $8,300. Do you even bother or do you just go "Nah dog, I'm good" and walk away. Believe me, I walk away. I ain't trying to deal with that level of stupid. If you are the one coming back at $8,300 you can't honestly be surprised they didn't counter when you were so unreasonable. GK needed to earn his pay here. He needed to manage stakeholders, manage egos, and get a viable deal done. If there was a president out there in stupid town with unfounded ideas about value, he needed to go work with them on the side and get them in line. |
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Post by hottubbeaver on Oct 9, 2023 12:15:41 GMT -8
Seems to confirm what was already the logical conclusion formed by many, O and W gave no indication to remaining schools they were not 100% on board with the Apple deal until hte final minutes. Probably the most insightful quote (paraphrasing) is, conference presidents stopped being honest in stating what was important to them and what they really wanted. That was in reference to the last few years not just the final weeks/months. As for the 50 million, isn't it normal in a negotiation to receive an offer, say 30 million, then ask for 50 million and hope to settle somewhere in the middle? Apparently from the sounds of it, the commissioner didn't understand that's how a negotiation works and overplayed his hand. Is asking 66% over offer normal? I wouldn't know. Reverse that, if you were selling a house and someone offered you 66% below what you thought was a reasonable asking price, would you even counter? I couldn't begin to tell you what is normal in these very unique types of deals. Unique product with an extremely limited group of potential buyers. Hard to draw any comparisons to selling a house or car. That said, if the conference had a "list price" in their mind of say 40M with good reasoning to back that value up, then I don't thing you counter a 30M offer with 40M and leave no room for further negotiation. Apparently the commissioner didn't get the part where you counter, provide your evidence for why it's worth more than 30M and keep the buyer at the table talking. |
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Post by drunkandstoopidbeav on Oct 9, 2023 14:15:55 GMT -8
Is asking 66% over offer normal? I wouldn't know. Reverse that, if you were selling a house and someone offered you 66% below what you thought was a reasonable asking price, would you even counter? I couldn't begin to tell you what is normal in these very unique types of deals. Unique product with an extremely limited group of potential buyers. Hard to draw any comparisons to selling a house or car. That said, if the conference had a "list price" in their mind of say 40M with good reasoning to back that value up, then I don't thing you counter a 30M offer with 40M and leave no room for further negotiation. Apparently the commissioner didn't get the part where you counter, provide your evidence for why it's worth more than 30M and keep the buyer at the table talking. Not saying Kliavkoff did this, but what if Kliavkoff went to ESPN and told them we have a group of Presidents that really want 50 million (and a couple Presidents really wanting 50 million has apparently been acknowledged), so let's see what we can do...and ESPN said here's a couple donuts for you, thanks for stopping by. I've no doubt Kliavkoff probably didn't say the exact right thing, but the Presidents were probably making a ridiculous demand. People tend to forget that the Big 12 had already announced a 32 million a team deal for 12 teams in October - While the PAC had already lost 2 teams that represented something like nearly 40% of its media market, and apparently no plan to regain that media market. All this during a time with a changing economic picture for ESPN. The Presidents did not send Kliavkoff in with a position of strength. I don't even see a "minimum acceptable price" mentioned in any of these articles. If there was no base level agreement, instructing Kliavkoff, or any negotiator, to "Negotiate" without having some idea of what can be acceptable is kind of a bad idea. |
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Post by hottubbeaver on Oct 9, 2023 14:44:56 GMT -8
I couldn't begin to tell you what is normal in these very unique types of deals. Unique product with an extremely limited group of potential buyers. Hard to draw any comparisons to selling a house or car. That said, if the conference had a "list price" in their mind of say 40M with good reasoning to back that value up, then I don't thing you counter a 30M offer with 40M and leave no room for further negotiation. Apparently the commissioner didn't get the part where you counter, provide your evidence for why it's worth more than 30M and keep the buyer at the table talking. Not saying Kliavkoff did this, but what if Kliavkoff went to ESPN and told them we have a group of Presidents that really want 50 million (and a couple Presidents really wanting 50 million has apparently been acknowledged), so let's see what we can do...and ESPN said here's a couple donuts for you, thanks for stopping by. I've no doubt Kliavkoff probably didn't say the exact right thing, but the Presidents were probably making a ridiculous demand. People tend to forget that the Big 12 had already announced a 32 million a team deal for 12 teams in October - While the PAC had already lost 2 teams that represented something like nearly 40% of its media market, and apparently no plan to regain that media market. All this during a time with a changing economic picture for ESPN. The Presidents did not send Kliavkoff in with a position of strength. I don't even see a "minimum acceptable price" mentioned in any of these articles. If there was no base level agreement, instructing Kliavkoff, or any negotiator, to "Negotiate" without having some idea of what can be acceptable is kind of a bad idea. There's been so much speculation, and "leaks" it's hard to know now what was reality vs fiction. With that in mind, there was the idea perpetuated out there SDSU and SMU were the replacements for SC and UCLA going into the negotiating room to get us back to 12. That may provide the correlation between the B12 deal and what the PAC was seeking. What does appear clear from the interview linked in this thread is, there was not an open and honest agreement as to what every school wanted or could live with. |
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Post by wilkyisdashiznit on Oct 16, 2023 13:34:02 GMT -8
I couldn't begin to tell you what is normal in these very unique types of deals. Unique product with an extremely limited group of potential buyers. Hard to draw any comparisons to selling a house or car. That said, if the conference had a "list price" in their mind of say 40M with good reasoning to back that value up, then I don't thing you counter a 30M offer with 40M and leave no room for further negotiation. Apparently the commissioner didn't get the part where you counter, provide your evidence for why it's worth more than 30M and keep the buyer at the table talking. Not saying Kliavkoff did this, but what if Kliavkoff went to ESPN and told them we have a group of Presidents that really want 50 million (and a couple Presidents really wanting 50 million has apparently been acknowledged), so let's see what we can do...and ESPN said here's a couple donuts for you, thanks for stopping by. I've no doubt Kliavkoff probably didn't say the exact right thing, but the Presidents were probably making a ridiculous demand. People tend to forget that the Big 12 had already announced a 32 million a team deal for 12 teams in October - While the PAC had already lost 2 teams that represented something like nearly 40% of its media market, and apparently no plan to regain that media market. All this during a time with a changing economic picture for ESPN. The Presidents did not send Kliavkoff in with a position of strength. I don't even see a "minimum acceptable price" mentioned in any of these articles. If there was no base level agreement, instructing Kliavkoff, or any negotiator, to "Negotiate" without having some idea of what can be acceptable is kind of a bad idea. The Big 12 only got that 31.7 million a team deal, because the Pac-12 came in with that 500 million demand. Basically, the Big 12 was able to get what the Pac-12 was throwing away. This was a situation, where the Pac-12 needed to come back with a more reasonable number than 500 million and never saved the situation. George K. allowed Utah to take a bad situation and make it much worse. |
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