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Post by drunkandstoopidbeav on Jan 20, 2024 22:10:44 GMT -8
I already said we could liquidate the equipment, but yes, if no network wants to broadcast it, it’s worth very little. OK, fine. The Pac-2 can liquidate the equipment. So it's not worthless. And the cameras (provided they are in good condition) will go for quite a bit of money. OK, now I will take my leave. This is really more about the stuff rgeorge has been claiming, not really too much about your points. You know, some college broadcast journalism department might be thrilled to pick up a pile of 10 year old production equipment for several thousand bucks. Not so sure any current network would pay a dime for it. |
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Post by grayman on Jan 20, 2024 23:01:31 GMT -8
You know, some college broadcast journalism department might be thrilled to pick up a pile of 10 year old production equipment for several thousand bucks. Not so sure any current network would pay a dime for it. I never said a damn thing in this thread about selling anything to another conference. As far as the value, the cameras alone cost hundreds of thousands of dollars. |
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Post by rgeorge on Jan 20, 2024 23:02:39 GMT -8
So if the Pac-2 has zero leverage to create a media deal, do you think it will get a media deal for the non-MWC games in 2024? The Pac-12 Network is absolutely worth money. Do you think the Pac-2 would give it away (in whatever form)? Who needs it? Pac 2 cannot afford to run it and the pac 2 does not provide enough content anyway. BIG 10 has its own network as does the BIG 12. MWC used to have a TV network but it folded when BYU, UTAH, and TCU left. G5 leagues simply cannot support their own TV network. Something is only worth what someone will pay for it. Some folks have no concept of leverage! If you can't run it... as where is extra funds for stating, travel, equipment maintenance etc going to come from. Have to have funds upfront and then make money to keep up. Hence, if the Pac2 can't run it, unless anyone else wants it there is no leverage. And IF a media company wants "it" or the equipment they again have the power to offer pennies on the dollar. Hence, a value less than is supposed worth. So not only zero value, a net loss on paper. And that's if there isn't any liabilities (leases, maintenance contracts, etc) that still need to be shared with the "10". Leverage in negotiations is an "advantage". You have something summertime else needs or wants bad enough that you have a negotiatingedge. The Pac2 doesn't have that... no conference or media partner needs the Pac2. No conference needs the Pac2. One or both may want to add the Pac2, but in their terms. It's pretty simple the Pac2 has no negotiating advantages to be in a position of power. Nice selling points aren't leverage. |
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Post by rgeorge on Jan 20, 2024 23:05:42 GMT -8
OK, fine. The Pac-2 can liquidate the equipment. So it's not worthless. And the cameras (provided they are in good condition) will go for quite a bit of money. OK, now I will take my leave. This is really more about the stuff rgeorge has been claiming, not really too much about your points. You know, some college broadcast journalism department might be thrilled to pick up a pile of 10 year old production equipment for several thousand bucks. Not so sure any current network would pay a dime for it. Yep... they can offer anything they want. If a media deal is being negotiated they could ask it be a "throw in". But, if folks here want to toss out a $250 million value, then anything less is a net loss. And, without an offer for it the network sets... worthless, net "$250mil" loss. |
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Post by rgeorge on Jan 20, 2024 23:13:06 GMT -8
"Worthless." "zero value" LOL. One network level camera alone can run into the hundreds of thousands of dollars. But it's worthless because the Pac-2 isn't going to use it. LOL. The Pac-2 clearly has no option to sell or use it as leverage. After all, it's worthless. I'm done with this argument. Guess you weren't. 🤔 |
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Post by grayman on Jan 20, 2024 23:19:12 GMT -8
You know, some college broadcast journalism department might be thrilled to pick up a pile of 10 year old production equipment for several thousand bucks. Not so sure any current network would pay a dime for it. Yep... they can offer anything they want. If a media deal is being negotiated they could ask it be a "throw in". But, if folks here want to toss out a $250 million value, then anything less is a net loss. And, without an offer for it the network sets... worthless, net "$250mil" loss. I shouldn't even bother...but the $250 million estimate wasn't something randomly thrown out there..it's an actual published estimate that real reporters have used. I (along with at least one other) have brought up the main reasons for the Pac-2 leverage a few times now, that being the Pac-12 brand and the current power conference status that will be kept for at least a time. The assets are just a possible extra. You disregard those things as leverage. Maybe you should explain to the Pac-2 leaders why they have no leverage. I'm sure they'd be convinced and give up. As for me, I don't even want a merger with the MWC to happen. |
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Post by rgeorge on Jan 20, 2024 23:31:40 GMT -8
How does having less negotiating power & giving up relate?
In fact what does "giving up" in this context even mean?
Pretty sure the Pac2 knew from day 1 they have little leverage and will have their work cut out getting a deal that can maximize revenue. If the reverse merger is the most viable for that it'll be a fine deal. If there is something else better then they go that way. But, there a a very short time frame as the MWC will open negotiations for their new deal within the next 9-12 months.
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Post by drunkandstoopidbeav on Jan 20, 2024 23:33:40 GMT -8
Yep... they can offer anything they want. If a media deal is being negotiated they could ask it be a "throw in". But, if folks here want to toss out a $250 million value, then anything less is a net loss. And, without an offer for it the network sets... worthless, net "$250mil" loss. I shouldn't even bother...but the $250 million estimate wasn't something randomly thrown out there..it's an actual published estimate that real reporters have used. I (along with at least one other) have brought up the main reasons for the Pac-2 leverage a few times now, that being the Pac-12 brand and the current power conference status that will be kept for at least a time. The assets are just a possible extra. You disregard those things as leverage. Maybe you should explain to the Pac-2 leaders why they have no leverage. I'm sure they'd be convinced and give up. As for me, I don't even want a merger with the MWC to happen. I'd like to see a link to that, and if there is one is that figure a liquidation price or what it would cost to start an equivalent network from scratch- 2 completely different things. This woud be a fire sale, at least a used car sale to a dealer. Pennies on the dollar. |
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Post by rgeorge on Jan 20, 2024 23:35:20 GMT -8
How does having less negotiating power & giving up relate?
In fact what does "giving up" in this context even mean?
Pretty sure the Pac2 knew from day 1 they have little leverage and will have their work cut out getting a deal that can maximize revenue. If the reverse merger is the most viable for that it'll be a fine deal. If there is something else better then they go that way. But, there a a very short time frame as the MWC will open negotiations for their new deal within the next 9-12 months.
But... this is redundant. We'll all see what happens when it happens.
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Post by drunkandstoopidbeav on Jan 20, 2024 23:45:29 GMT -8
The whole Pac 12 channel being worth something reminds me of a friend back in college who bought a Bonneville and rebuilt and tricked it out. He said he put over 8 grand into it, and it was worth every penny, to him. He said if he had to sell it, and found the right collector, he might be able to get almost 2 grand out of it… he fully understood the reality of value.
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Post by rgeorge on Jan 20, 2024 23:55:53 GMT -8
The whole Pac 12 channel being worth something reminds me of a friend back in college who bought a Bonneville and rebuilt and tricked it out. He said he put over 8 grand into it, and it was worth every penny, to him. He said if he had to sell it, and found the right collector, he might be able to get almost 2 grand out of it… he fully understood the reality of value. Only worth what someone is willing to pay! |
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Post by grayman on Jan 21, 2024 12:30:19 GMT -8
I shouldn't even bother...but the $250 million estimate wasn't something randomly thrown out there..it's an actual published estimate that real reporters have used. I (along with at least one other) have brought up the main reasons for the Pac-2 leverage a few times now, that being the Pac-12 brand and the current power conference status that will be kept for at least a time. The assets are just a possible extra. You disregard those things as leverage. Maybe you should explain to the Pac-2 leaders why they have no leverage. I'm sure they'd be convinced and give up. As for me, I don't even want a merger with the MWC to happen. I'd like to see a link to that, and if there is one is that figure a liquidation price or what it would cost to start an equivalent network from scratch- 2 completely different things. This woud be a fire sale, at least a used car sale to a dealer. Pennies on the dollar. The value of the Pac-12 Network has been estimated at $250 million. I bothered to do a search after another poster mentioned the number and found it. You can search for yourself. Obviously, that number is based on it being an operational network, which is still is for the time being. I never said that the Pac-2 would be able to sell the Pac-12 Networks for $250 million. It would be highly unlikely. But pretending that the hardware alone has little value is nonsense. But this whole thing about the Pac-12 Network is a minor fragment of what the whole discussion/argument has been about, which is whether or not the Pac-2 has any leverage if it were to have merger talks with the MWC. |
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Post by rgeorge on Jan 21, 2024 13:06:08 GMT -8
 Are you done now? 
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Post by grayman on Jan 21, 2024 13:16:41 GMT -8
Are you done now? I can choose to continue if I want. |
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Post by wilkyisdashiznit on Jan 21, 2024 13:19:48 GMT -8
I'd like to see a link to that, and if there is one is that figure a liquidation price or what it would cost to start an equivalent network from scratch- 2 completely different things. This woud be a fire sale, at least a used car sale to a dealer. Pennies on the dollar. The value of the Pac-12 Network has been estimated at $250 million. I bothered to do a search after another poster mentioned the number and found it. You can search for yourself. Obviously, that number is based on it being an operational network, which is still is for the time being. I never said that the Pac-2 would be able to sell the Pac-12 Networks for $250 million. It would be highly unlikely. But pretending that the hardware alone has little value is nonsense. But this whole thing about the Pac-12 Network is a minor fragment of what the whole discussion/argument has been about, which is whether or not the Pac-2 has any leverage if it were to have merger talks with the MWC. Napkin math. That $250 million number appears to be a low estimate. The problem is that I do not know what the Pac-12's value is without 5/6's of the Pac-12. It is probably not nothing, but I doubt that is anything close to a quarter of $250 million. |
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Are you done now? 
