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Post by 86BEAVER on Jul 11, 2024 15:44:42 GMT -8
...the wall" moment on 'Rip City Drive With Dwight and Chad' today.
They played a clip from somebody's (didn't catch name/recognize voice) podcast and they speculated that the reason OSU/WSU seem "so calm" about their current situation when is that they have a "gentlemans' agreement" with the Big 12 to join the conference after two seasons already in place.
The supposed reason for the two-season hiatus is so that OSU/WSU will have their enhanced war-chests when they join the Big 12, thus presumably being stronger members which would help enhance the conference. There was also some speculation of ACC schools like Clemson, FSU, California, and Stanford joining the league in a similar time frame (I thought the SEC/Big 10 was more likely for the first two).
Jaynes and Doing both felt it to be a plausible scenario, and would go a long way to explaining why OSU/WSU are seemingly calm and acting like "we know something that you don't" when most so-called experts think they're screwed and doomed to hook up "permanently" in one way or another with the Mountain West.
I hope a podcast of the show pops up later so I can assess the original sources credibility.
🤔
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Post by Henry Skrimshander on Jul 11, 2024 15:48:59 GMT -8
Much of "enhanced war chest" goes away when the Pac-12 ceases to be.
Throwing something other than spaghetti.
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Post by 86BEAVER on Jul 11, 2024 16:05:26 GMT -8
I thought they got to keep whatever left if it takes more than 2 years to "disappear".
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Post by wilkyisdashiznit on Jul 11, 2024 17:30:29 GMT -8
I thought they got to keep whatever left if it takes more than 2 years to "disappear". They only get to keep whatever is left if the Pac-12 does not fold. But, in theory at least, a merger would allow Oregon State and Wazzu to keep the money. But that would be the case regardless. That said, the biggest portion of the payouts is within the first two years, which is what they may be getting at. Get the big payouts up front and split up whatever is left over the final how ever many between the how many teams are entitled to a share at that point.
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Post by rgeorge on Jul 11, 2024 17:55:22 GMT -8
I thought they got to keep whatever left if it takes more than 2 years to "disappear". They only get to keep whatever is left if the Pac-12 does not fold. But, in theory at least, a merger would allow Oregon State and Wazzu to keep the money. But that would be the case regardless. That said, the biggest portion of the payouts is within the first two years, which is what they may be getting at. Get the big payouts up front and split up whatever is left over the final how ever many between the how many teams are entitled to a share at that point. Yep... any money coming in (NCAA hoops mainly?) after the '25-26 fiscal year end would go to a 12-way split if there is an B12 entry. Reverse merger under Pac12 banner all the money remains with the two Pac12 schools. But, as stated the largest lump of that is here now and for stability the first two years. Unless there is a drastic change in the budget, a media deal, or ?? that money will be basically gone in sustaining the current budget for '24-'26.
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Post by Henry Skrimshander on Jul 11, 2024 18:30:54 GMT -8
If the conference disbands, the NCAA units go to the teams that earned them. They are not split 12 ways.
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Post by clydebeav on Jul 11, 2024 19:18:03 GMT -8
...the wall" moment on 'Rip City Drive With Dwight and Chad' today. They played a clip from somebody's (didn't catch name/recognize voice) podcast and they speculated that the reason OSU/WSU seem "so calm" about their current situation when is that they have a "gentlemans' agreement" with the Big 12 to join the conference after two seasons already in place. The supposed reason for the two-season hiatus is so that OSU/WSU will have their enhanced war-chests when they join the Big 12, thus presumably being stronger members which would help enhance the conference. There was also some speculation of ACC schools like Clemson, FSU, California, and Stanford joining the league in a similar time frame (I thought the SEC/Big 10 was more likely for the first two). Jaynes and Doing both felt it to be a plausible scenario, and would go a long way to explaining why OSU/WSU are seemingly calm and acting like "we know something that you don't" when most so-called experts think they're screwed and doomed to hook up "permanently" in one way or another with the Mountain West. I hope a podcast of the show pops up later so I can assess the original sources credibility. 🤔 Probably the Belligerent Beavs podcast. Feels like wishful thinking from some Beaver fans though I’d like to believe it.
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Post by rgeorge on Jul 11, 2024 21:38:55 GMT -8
If the conference disbands, the NCAA units go to the teams that earned them. They are not split 12 ways. "The settlement also contemplates distribution of conference assets in the event the conference ceases to exist. The agreement indicates that if the conference shuts down before the end of fiscal year 2026, any remaining assets are shared pro rata by the departing and remaining schools. However, if the dissolution occurs after the last day of fiscal year 2026, the departing schools are not entitled to any distribution. Although there are many factors in a conference dissolution and the value of conference assets two years from now are unknowable, this provision would incentivize the remaining schools to keep the conference going for at least a couple of years."
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Post by grayman on Jul 11, 2024 21:47:42 GMT -8
There's been talk that it's almost a given that OSU, WSU and the MWC will go ahead with the option of a second year of the scheduling agreement. Obviously, that takes the Pac-2 up to 2026.
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Post by Henry Skrimshander on Jul 11, 2024 22:16:28 GMT -8
Sportico is not correct. The NCAA pays units to the conferences, not the individual schools. If the conference ceases to exist, the units then go to the schools that earned them. The NCAA can't pay the Pac-12 if it doesn't exist. The units go to the schools that earned them.
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Post by wilkyisdashiznit on Jul 11, 2024 22:24:43 GMT -8
Sportico is not correct. The NCAA pays units to the conferences, not the individual schools. If the conference ceases to exist, the units then go to the schools that earned them. The NCAA can't pay the Pac-12 if it doesn't exist. The units go to the schools that earned them. I believe that the terms of the settlement agreement, the more recent of the contracts, trump the terms of the unit payment agreement, the earlier of the contracts. If the settlement agreement says that any payments to the former Pac-12 Conference are split 12 ways, then that is what will happen, regardless of what would normally happen without a settlement agreement. The terms of the settlement agreement may say different, and there still may be fighting about that, but, as I understand it, that is what will happen. You are quite right, though, that, without the settlement agreement, the units should follow the teams.
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Post by speakthetruth on Jul 12, 2024 6:16:52 GMT -8
I wish the gentleman's agreement was true. Be nice if recruiting could use it but they won't/can't. And since they wont/can't our recruiting in all sports takes a hit, a big hit.
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Post by p8nted on Jul 12, 2024 6:34:40 GMT -8
Sportico is not correct. The NCAA pays units to the conferences, not the individual schools. If the conference ceases to exist, the units then go to the schools that earned them. The NCAA can't pay the Pac-12 if it doesn't exist. The units go to the schools that earned them. I believe that the terms of the settlement agreement, the more recent of the contracts, trump the terms of the unit payment agreement, the earlier of the contracts. If the settlement agreement says that any payments to the former Pac-12 Conference are split 12 ways, then that is what will happen, regardless of what would normally happen without a settlement agreement. The terms of the settlement agreement may say different, and there still may be fighting about that, but, as I understand it, that is what will happen. You are quite right, though, that, without the settlement agreement, the units should follow the teams. I don't think the settlement agreement can overrule the NCAA rules on payments to conferences and schools
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Post by irimi on Jul 12, 2024 7:47:02 GMT -8
Taking what we can from the Pac 12 for two years and then letting remaining monies follow the schools would be an acceptable trade off to land in a strong conference. Sign me up.
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Post by wilkyisdashiznit on Jul 12, 2024 8:21:43 GMT -8
I believe that the terms of the settlement agreement, the more recent of the contracts, trump the terms of the unit payment agreement, the earlier of the contracts. If the settlement agreement says that any payments to the former Pac-12 Conference are split 12 ways, then that is what will happen, regardless of what would normally happen without a settlement agreement. The terms of the settlement agreement may say different, and there still may be fighting about that, but, as I understand it, that is what will happen. You are quite right, though, that, without the settlement agreement, the units should follow the teams. I don't think the settlement agreement can overrule the NCAA rules on payments to conferences and schools The NCAA is not a part of the Federal government. Because it is not a government entity, settlement agreements can overrule almost everything, unless there is a subsequent and superseding contract, law, etc. to the contrary. Besides, the NCAA has enough problems already. The last thing that the NCAA wants to do is to knowingly violate a contract between 12 member institutions and a conference.
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