|
Post by flyfishinbeav on Jan 10, 2024 9:20:48 GMT -8
Selfishly, I want Nevada because of my ties to the Reno area......Hey, they have a good Mens B ball program. 15-1 right now.
|
|
|
Post by Henry Skrimshander on Jan 10, 2024 9:51:28 GMT -8
The teams in the MWC seem to get along, with only Boise State and San Diego State consistently thinking they are better than the others. Unlike the Pac-12, in which UW, UO, USC and Stanford thought they were better than everyone else on a regular basis.
|
|
|
Post by bvrbred on Jan 10, 2024 10:04:07 GMT -8
All true. And I don't understand how all this makes Gloria "shrewd." How does she benefit from losing her four best teams? What other hand does she have to play, besides standing pat on punitive exit fees? And people can sugar coat this as a "Unified front" if they want but in truth what's holding the MWC together is punitive exit fees and those fees were in place before the Pac12 dissolution happened. Teams have tried to get out of the MWC in the past, sometimes successfully. Hence, the punitive exit fees. If only the Pac-12 had been so shrewd as to have huge exit fees like the MWC. We would probably be talking about next year's pac12 conference schedule. I don't know when the MWC's punitive exit fees started, but, unlike, the Pac12, they have had a track record of teams either getting out or trying to, at least as far back as 2010 when BYU and TCU left. A year later Utah left and Boise State was making noise about joining the Big12 in light of their intention to expand their stadium. I never heard about anyone deserting the Pac12, or even talking about it, as it grew from AAWU in 1959 to Pac8 to Pac10 to Pac12--until Summer 2023. That's over 60 years. Maybe it would have been shrewd to institute a punitive exit fee after USC/UCLA's announcement but I doubt the remaining schools, who were all shaken up and looking out for their own interests understandably, would have been interested apart from probably OSU/WSU/Cal/Stanford.
|
|
|
Post by grayman on Jan 10, 2024 10:39:02 GMT -8
Looks like some shrewd negotiating by Gloria and the MWC. That’s the first impression. I think MWC had exit fees already in place exclusive of their media contract. And those fees were higher than thisYes, this is what I find interesting. Not sure why Nevarez/MWC would do this. I just looked at relatively recent stories by the San Diego Union-Tribune and the Las Vegas Review-Journal regarding the possibility of San Diego State and UNLV jumping to the Pac-12 and the numbers used (and what I've always seen) is that it would be $17 million a year out or $34 million within the year for a team to bail from the MWC. It doesn't change anything as far as a full merger. Just makes it somewhat more financially viable for the Pac-2 to add teams if it chooses to rebuild the conference with a variety of schools. I suppose Nevarez could have gotten some pressure from some specific MWC teams about the punitive exit fee and/or maybe the Pac-2 engineered this part of the deal to alleviate potential future costs...
|
|
|
Post by bvrbred on Jan 10, 2024 11:58:28 GMT -8
|
|
|
Post by RenoBeaver on Jan 10, 2024 12:29:20 GMT -8
I think MWC had exit fees already in place exclusive of their media contract. And those fees were higher than thisYes, this is what I find interesting. Not sure why Nevarez/MWC would do this. I just looked at relatively recent stories by the San Diego Union-Tribune and the Las Vegas Review-Journal regarding the possibility of San Diego State and UNLV jumping to the Pac-12 and the numbers used (and what I've always seen) is that it would be $17 million a year out or $34 million within the year for a team to bail from the MWC. It doesn't change anything as far as a full merger. Just makes it somewhat more financially viable for the Pac-2 to add teams if it chooses to rebuild the conference with a variety of schools. I suppose Nevarez could have gotten some pressure from some specific MWC teams about the punitive exit fee and/or maybe the Pac-2 engineered this part of the deal to alleviate potential future costs... Probably because she will be the new Pac commissioner. The MWC got a pretty sweet deal from Pac 2 for scheduling, so some give and take. Plus the writing is on the wall here. This likely preserves a good chunk of MWC if Pac only poaches 4 or 6 teams. Then, if MWC so desires, ut can go poach NMSU, maybe the Dakotas or Montana or Idaho. The MWC is a little bit have and have nots too
|
|
|
Post by drunkandstoopidbeav on Jan 10, 2024 12:54:10 GMT -8
The way I’m reading it from the original article, without reading the actual document itself, the 5.5 million termination fee supersedes the exit fees. If so, this makes leaving financially easier on individual teams wishing to leave, but shifts the burden to the Pac 2 or whatever media partner/partners they arrange a deal with. Between that, and the rumor (I haven’t read the specifics) the Pac-2 just got a huge chunk of this year’s Pac 12 payout, it may make it significantly cheaper and easier to put together a deal to take 4-6 MWC schools, quite soon, than it was just a month ago.
|
|
|
Post by grayman on Jan 10, 2024 13:06:47 GMT -8
Yes, this is what I find interesting. Not sure why Nevarez/MWC would do this. I just looked at relatively recent stories by the San Diego Union-Tribune and the Las Vegas Review-Journal regarding the possibility of San Diego State and UNLV jumping to the Pac-12 and the numbers used (and what I've always seen) is that it would be $17 million a year out or $34 million within the year for a team to bail from the MWC. It doesn't change anything as far as a full merger. Just makes it somewhat more financially viable for the Pac-2 to add teams if it chooses to rebuild the conference with a variety of schools. I suppose Nevarez could have gotten some pressure from some specific MWC teams about the punitive exit fee and/or maybe the Pac-2 engineered this part of the deal to alleviate potential future costs... Probably because she will be the new Pac commissioner. The MWC got a pretty sweet deal from Pac 2 for scheduling, so some give and take. Plus the writing is on the wall here. This likely preserves a good chunk of MWC if Pac only poaches 4 or 6 teams. Then, if MWC so desires, ut can go poach NMSU, maybe the Dakotas or Montana or Idaho. The MWC is a little bit have and have nots too Yeah, I considered that it might be due to her targeting the soon to be open Pac-12 commissioner position but it seems like her enabling this kind of deal would result in some side-eye from the MWC schools. Much more likely that it was, as you said, some give and take due to the Pac-2 paying a good chunk of change for the scheduling alliance.
|
|
|
Post by 415hawaiiboy on Jan 10, 2024 14:26:53 GMT -8
|
|
|
Post by grayman on Jan 10, 2024 16:35:17 GMT -8
This seems really one-sided considering the Pac-2 is also paying a good amount of money for the scheduling alliance. Also, I'm sure certain MWC teams are overjoyed with the prospect of an exit fee of $17 million or $34 million plus a $5.5 million termination fee. Good move as far as self preservation but I don't believe the Pac-2 is going to just going to throw up their hands just yet.
|
|
|
Post by Henry Skrimshander on Jan 10, 2024 16:46:11 GMT -8
There is no fee at all if all 12 teams are taken.
|
|
|
Post by grayman on Jan 10, 2024 17:12:36 GMT -8
There's also no MWC fee if the Pac-2 goes in a completely different direction.
|
|
|
Post by grayman on Jan 10, 2024 17:18:00 GMT -8
Is it cut and dried legally that the Pac-2 would have to share incoming payments due as members of the Pac-12 with any new members of a rebuilt Pac-12? I mean, could they just decide to merge with the MWC as the new Pac but on the stipulation (agreed to by the MWC teams) that OSU and WSU get that incoming money?
|
|
|
Post by bvrbred on Jan 10, 2024 17:58:27 GMT -8
This seems really one-sided considering the Pac-2 is also paying a good amount of money for the scheduling alliance. Also, I'm sure certain MWC teams are overjoyed with the prospect of an exit fee of $17 million or $34 million plus a $5.5 million termination fee. Good move as far as self preservation but I don't believe the Pac-2 is going to just going to throw up their hands just yet. If this reading of that agreement is correct then Barnes agreed to an additional exit penalty (in addition to the 17/34) as a price for getting a schedule done. The MWC AD effectively held the scheduling hostage in return for an enhanced exit penalty to keep Barnes from rebuilding the Pac on any basis other than what to me is simply joining the MWC and calling it something else. Too high a price to pay IMO to avoid going out on the road and finding 7 games.
|
|
|
Post by whocares on Jan 10, 2024 18:15:38 GMT -8
I'm thinking this is what it looks like when a commissioner actually tries to keep their conference together. Too bad the Pac-12 didn't hire someone like that.
|
|