ESPN bought out the pro-rata for 10MM total??

[whaler11]

The Big 12 cashed in that clause for $100k each a year. Ha.

 

[CL82]

 

[Penfield]

Remember when ISU AD said they would basically be the MWC without UT & OU? Hope they enjoy that

 

[Dooley]

When I was a young kid, I would trade my younger brother a nickel for a dime under the premise that "nickels are bigger than dimes, therefore worth more". I feel like the Big 12 is my younger, then 3 year old brother here. 10 (million) is more than 1 (billion)...we will take that deal!

 

[The Funster]

ESPN is way too big for their britches. At some point, the complete control they exhibit over college sports will (hopefully) bite them in their ass.

 

[pepband99]

View attachment 16359

The Big 12 cashed in that clause for $100k each a year. Ha.

Given all the noise about "future considerations" in their process - i would assume you won't hear about the "why" here until the contract runs out.

 

[CL82]

Given all the noise about "future considerations" in their process - i would assume you won't hear about the "why" here until the contract runs out.

"That's a nice conference you got here, Mr. Bowlsby. It would be
a shame if something were to happen to it."
​

I kid, but only slightly

 

[noeynox]

Can't this mean that Fox could direct them to add teams they want,,pay the whole bill and have those teams be exclusive fox properties?

Wouldn't be the worst thing in the world.

 

[huskymedic]

Dodd: Big 12 commish shoots down $10M pro rata elimination report: TV talks 'active'

 

[NYUConn]

Dodd: Big 12 commish shoots down $10M pro rata elimination report: TV talks 'active'

View attachment 16364

Basically Bowlsby is reading the headlines and is backpedaling out of this deal.

That said, it would be the most Big 12 thing ever if this deal wasn't actually done, non-TX and OK schools saw this # being floated and decided to bring expansion back to the table.

 

[Pudge]

ESPN is way too big for their britches. At some point, the complete control they exhibit over college sports will (hopefully) bite them in their ass.

Particularly for the unwise ideas of signing deals with certain conferences out to 2035. I think we are in an era of technological change. There still is rising sports numbers (see MLB in 2019); but, I think the CFB game was overplayed.

 

[BUConn10]

Goes to show you what P5 schools think of us. "Hmm, UConn as a full time member, or an extra $100,000k. Well we do need new water bottles for all the athletes... ok we will take the money."

 

[uconnbill]

Just more of a reason to wish for the big 12 demise along with ESPN taking a financial bath with all of this. Yes I am bitter as I am tired of UConn being a pawn by ESPN and others.

 

[CL82]

Goes to show you what P5 schools think of us. "Hmm, UConn as a full time member, or an extra $100,000k. Well we do need new water bottles for all the athletes... ok we will take the money."

It speaks more to the disfunction of the B12. As we are starting to see, there were fans of particular schools, just not enought to meet the super majority.

 

[ZooCougar]

Might as well just give up on college sports.

This is stupid.

 

[Hoophound]

There is more to this story. Members were told not to state publicly that possible additions didn't bring value. Why? It isn't true for at least 3 schools and maybe 4. There is documentation to prove it and it will probably surface at some point (UConn, Cincy, BYU, maybe Houston). That could be used later to show that ESPN lied to keep expansion from happening and worked against schools that they have an obligation to treat fairly and who deserve access to a power conference based on the facts.

 

[coachcap]

There is more to this story. Members were told not to state publicly that possible additions didn't bring value. Why? It isn't true for at least 3 schools and maybe 4. There is documentation to prove it and it will probably surface at some point (UConn, Cincy, BYU, maybe Houston). That could be used later to show that ESPN lied to keep expansion from happening and worked against schools that they have an obligation to treat fairly and who deserve access to a power conference based on the facts.

From your keyboard to the court system & hope for trebled damages.

 

[hardcorehusky]

Once ESPN saw the Big 12 couldn't agree on expansion and were scared off by TVs threats, the Big 12 lost its leverage and ESPN pounced. Fox realized they didn't have the spend a dime and made the empty promise that down the road they will negotiate a great new contract. The little 8 ate it up and the Big 2 couldn't give a damn.

 

[UConnSportsGuy]

There is more to this story. Members were told not to state publicly that possible additions didn't bring value. Why? It isn't true for at least 3 schools and maybe 4.

The "public" agreement is for $10MM. But do you really think that the B12 would give up their pro-rata for only $10MM? My guess is that there is an unspoken promise to the "little 8" that they will have a safe landing spot when the B12 implodes in 10 years. This was the last time that the "little 8" will ever have any leverage whatsoever over the networks, Texlahoma, and the rest of the P5. My guess (assuming they were smart), is they used the leverage they currently have to ensure their long term safety in the P5/Super Conferences.

 

[TerryD]

The "public" agreement is for $10MM. But do you really think that the B12 would give up their pro-rata for only $10MM? My guess is that there is an unspoken promise to the "little 8" that they will have a safe landing spot when the B12 implodes in 10 years. This was the last time that the "little 8" will ever have any leverage whatsoever over the networks, Texlahoma, and the rest of the P5. My guess (assuming they were smart), is they used the leverage they currently have to ensure their long term safety in the P5/Super Conferences.

"Unspoken promises", if they exist, are largely unenforceable, especially if a later writing between the parties (the "public agreement") contains the standard contract language that the writing constitutes the sole agreement between the parties and that all amendments to same must be mutually agreed to in writing.

 

[HoopsFan21]

"Unspoken promises", if they exist, are largely unenforceable, especially if a later writing between the parties (the "public agreement") contains the standard contract language that the writing constitutes the sole agreement between the parties and that all amendments to same must be mutually agreed to in writing.

You know what they say, such agreements are as good as the paper on which they are written. Kinda like verbal commitments in recruiting.

 

[nelsonmuntz]

ESPN realized they didn't have to pay the Big 12 more than a token. All ESPN had to do was buy 3 "no" votes. They already have Texas through the LHN, and it is likely that ESPN threw a couple of million at TCU and Texas Tech, whose opposition to expansion didn't make a lot of sense, in order to get those two schools in ESPN's corner. Once there were 3 solid "no" votes on expansion, the Big 12 didn't have any negotiating leverage.