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-> One option is an old-fashioned corporate takeover, where one league raids the other. The remnants of the Pac-12 — Stanford, Cal, Oregon State and Washington State — could play the prestige card and restock from the cream of the Mountain West and American Athletic Conference. Or the Mountain West, being the larger and more stable entity, could simply swallow the Pac-12 leftovers.
Those scenarios come with drawbacks, though. There isn’t enough financial upside for Mountain West schools to each pay an estimated $34 million exit fee to depart by 2024. And abandoning the Pac-12 could leave behind tens of millions of dollars in College Football Playoff and NCAA Tournament distributions, along with a seat at the table of college sports’ powerbrokers as an “autonomous five” — aka Power 5 — conference.
The other option, which multiple Mountain West sources said is gaining traction, is more merger than acquisition. You dissolve the Mountain West in name only to eliminate exit fees, then move most or all members (and their NCAA Tournament units) into the Pac-12 shell so you can retain its name and power conference status. Then entice Gonzaga to join as a non-football affiliate to further enhance an already solid collection of men’s basketball programs.
Sources said several athletic directors and presidents from both conferences discussed the idea on a preliminary level Saturday. More substantive talks are expected Monday. <-
That’s the smartest play.