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Post by korculabeav on Sept 27, 2024 13:11:45 GMT -8
A consultant did an evaluation and concluded Hawaii's media is worth $2.3 million. That's it. Ain't nobody want Hawaii, except to bet on them like a degen. Like the gambling angle, LOL. You are correct about the value of Hawaii. It defeats other assertions on these boards about those who think Hawaii brings any value to the Pac. Aside from other out there concepts like UTEP, Sac State, EWU, NMSU, UNR or Wyoming. |
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Post by Henry Skrimshander on Sept 27, 2024 13:41:57 GMT -8
According to the linked story on Nevada Sports Net: "the MWC will provide distribution payments to the remaining member schools in accordance with the bylaws of the conference utilizing the following formulas: Air Force and UNLV will receive 24.5 percent; Nevada, New Mexico, San Jose State and Wyoming 11.5 percent; and Hawaii 5 percent."So the four teams that remained loyal to the MWC throughout will get less than half of what the teams that flirted to leave will receive. Hawaii, as an affiliate member, will continue to get the table scraps. I guess in the MWC everyone is created equal, but some are more equal than others. The story is also still promoting the fantasy that the MWC will receive $55 million in "poaching" fees from the Pac-12. That will never happen. nevadasportsnet.com/news/reporters/mountain-west-officially-announces-recommitment-of-seven-remaining-members# |
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Post by korculabeav on Sept 27, 2024 13:48:00 GMT -8
According to the linked story on Nevada Sports Net: "the MWC will provide distribution payments to the remaining member schools in accordance with the bylaws of the conference utilizing the following formulas: Air Force and UNLV will receive 24.5 percent; Nevada, New Mexico, San Jose State and Wyoming 11.5 percent; and Hawaii 5 percent."So the four teams that remained loyal to the MWC throughout will get less than half of what the teams that flirted to leave will receive. Hawaii, as an affiliate member, will continue to get the table scraps. I guess in the MWC everyone is created equal, but some are more equal than others. The story is also still promoting the fantasy that the MWC will receive $55 million in "poaching" fees from the Pac-12. That will never happen. nevadasportsnet.com/news/reporters/mountain-west-officially-announces-recommitment-of-seven-remaining-members# Canzano recently interviewed a "legal expert" who agrees the Pac 12's case is strong re: the fees. |
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Post by atownbeaver on Sept 27, 2024 14:21:08 GMT -8
According to the linked story on Nevada Sports Net: "the MWC will provide distribution payments to the remaining member schools in accordance with the bylaws of the conference utilizing the following formulas: Air Force and UNLV will receive 24.5 percent; Nevada, New Mexico, San Jose State and Wyoming 11.5 percent; and Hawaii 5 percent."So the four teams that remained loyal to the MWC throughout will get less than half of what the teams that flirted to leave will receive. Hawaii, as an affiliate member, will continue to get the table scraps. I guess in the MWC everyone is created equal, but some are more equal than others. The story is also still promoting the fantasy that the MWC will receive $55 million in "poaching" fees from the Pac-12. That will never happen. nevadasportsnet.com/news/reporters/mountain-west-officially-announces-recommitment-of-seven-remaining-members# Canzano recently interviewed a "legal expert" who agrees the Pac 12's case is strong re: the fees. I think a likely outcome is a settlement for a portion of the fees, I strongly doubt they are getting all $55M. But they could get some of it. I said it earlier, UNLV made a bad call. They will still get $85M in exit fees. but if all or most of the poaching penalties are erased, there is very little for MWC to redistribute and almost nothing for them to buy teams with. |
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Post by Henry Skrimshander on Sept 27, 2024 14:52:49 GMT -8
I think they'll get about $2 million per team.
And from what I read, UNLV's big windfall is going toward debt elimination, not program investment.
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Post by bigorangebeaver on Sept 27, 2024 15:42:45 GMT -8
The Pac 7 is by far the best G5/6 conference. Orams article today was ignorant AF, perhaps that is what you are referncing. Most of his articles are. He carries on the Oregonian's proud tradition of mediocre sports journalists. Yeah. Not a fan. |
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Post by bigorangebeaver on Sept 27, 2024 15:45:10 GMT -8
One other thing I was going to add, if you follow the CFB boards on Reddit, most UNLV fans are livid. They really wanted to go to the PAC. They are going to end up regretting this one big time. The other dynamic is the other MWC fans are pissed of UNLV and Air Force are getting paid off and their teams are getting nothing. Things are not well over there. They should be pissed off. Really pissed off. |
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Post by speakthetruth on Sept 27, 2024 15:47:13 GMT -8
If the pac12 has a strong case why would the pac12 settle for anything? Or maybe the settlement should be the pac12 doesn't owe the mwc anything and the pac12 won't ask for attorney fees.
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Post by bigorangebeaver on Sept 27, 2024 15:50:00 GMT -8
Canzano recently interviewed a "legal expert" who agrees the Pac 12's case is strong re: the fees. I said it earlier, UNLV made a bad call. They will still get $85M in exit fees. but if all or most of the poaching penalties are erased, there is very little for MWC to redistribute and almost nothing for them to buy teams with. Agree on that. It might be in the form of a "Buzz off"*** payment, but it won't be the entire nut. ***There is another, more colorfully accurate term for that, but this is a family friendly environment, so I showed some restraint.  |
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Post by 415hawaiiboy on Sept 27, 2024 15:58:27 GMT -8
A consultant did an evaluation and concluded Hawaii's media is worth $2.3 million. That's it. Ain't nobody want Hawaii, except to bet on them like a degen. That 5% is based on a calculation from the MW contract with Hawaii as a football only member. It’s a crap number indeed. What Consultant you talking about? |
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Post by spudbeaver on Sept 27, 2024 17:41:04 GMT -8
Basically the Memphis AD said the pac12 offer smelled like poop. And it looks like UNLV and Airforce got 20 to 25 million from the MWC to stay. There seems to be a bunch of bozos still in the pac12 offices. Is Larry and George still walking in the hallways? Never call someone a bozo then make such a grammatically horrible error. |
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Post by spudbeaver on Sept 27, 2024 17:43:44 GMT -8
One other thing I was going to add, if you follow the CFB boards on Reddit, most UNLV fans are livid. They really wanted to go to the PAC. They are going to end up regretting this one big time. The other dynamic is the other MWC fans are pissed of UNLV and Air Force are getting paid off and their teams are getting nothing. Things are not well over there. I heard that was the real reason the Qb and Rb quit! Ok, I didn’t hear that, but it would have been fun to let it run. |
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Post by Henry Skrimshander on Sept 27, 2024 18:12:29 GMT -8
If the pac12 has a strong case why would the pac12 settle for anything? Or maybe the settlement should be the pac12 doesn't owe the mwc anything and the pac12 won't ask for attorney fees. You settle because it's faster than going to a trial, then waiting through the appeal process, which could take a long time and result in even higher legal fees. Strong case or not, never, ever trust a jury to do the right thing. No settlement will ever result in nothing for them. Pay them 20 cents on the dollar, call it good and move on. |
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Post by 93beav on Sept 27, 2024 22:10:13 GMT -8
Sure sounded to me that he wants to keep talking.. or is open to keep talking. Hardly sounds dead yet. The bigger issue is Memphis wouldn't commit past 2030, so the Pac wouldn't commit money. that was that. If Memphis would of signed a long term GOR we would of paid their exit fees, but we were not going to pay $20M for a 4 year rental. They only wanted to come over for 4 years. We were willing to let them come over for only 4 years if they paid their own way. I think that is fair. I don't think that is a sign of a Bozo walking a hall. Would you of dumped $20-$30M on a team that wanted to bail as soon as the ACC collapsed to get back on the east coast? Where have you seen this re: 2030 and full exit fees? |
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Post by 415hawaiiboy on Sept 27, 2024 22:11:35 GMT -8
A consultant did an evaluation and concluded Hawaii's media is worth $2.3 million. That's it. Ain't nobody want Hawaii, except to bet on them like a degen. Like the gambling angle, LOL. You are correct about the value of Hawaii. It defeats other assertions on these boards about those who think Hawaii brings any value to the Pac. Aside from other out there concepts like UTEP, Sac State, EWU, NMSU, UNR or Wyoming. I can’t see how a “consultant” can value Hawaii’s media value at $2.3 million, when Spectrum pays Hawaii $3.1 million for 7 football games ($443K per game) to broadcast the games locally on PPV and on our app for the Mainland. www.staradvertiser.com/2020/09/03/sports/university-of-hawaii-extends-tv-rights-deal-with-spectrum/13 games x $443K = $5.3 million These 7 games are the non-Nationally Televised games, so you can assume the remaining 6 National tv games are worth more. Not sure how much more. I know the MW pays a bonus of $500K per national tv appearance (weekend game) and $300K for weeknight game. I don’t remember the last time Hawaii played a weeknight game. Anyways, we can add $500K to the $443K to get $943K per national tv game. $943K x 6 = $5.7MM $3.1MM + $5.7MM = $8.8 million If we want to extrapolate the Spectrum deal all 13 games, that is $5.3 million (lowest end estimate). The Spectrum contract was signed in 2020, so there’s inflation if we are talking about 2024. The MW average payout was around $5 million for all sports. Some programs are worth less and some worth more. If I were to guess, Hawaii’s media value is somewhere between $7 million to $10 million in 2024. It is a media value in the top half of the conference. Hawaii has a junk deal with the MW as a football-only. Our non-football sports in the Big West basically breakeven. The sports betting “Chase Game” angle is not accounted for in my analysis. That is a wildcard that we need to monetize to be attractive in 2030. Let’s talk again around then. |
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