I don't understand this entire thread. The Big12 will select the teams and then lay out the financial terms. This is not an episode of "The Shark Tank" where the teams pitch their wares and the "sharks" make financial proposals. There is no way "financial payouts" will be discussed prior to the expansion teams being selected.
Yes the new teams will receive a drastically reduced initial payout. But it will be far larger than what they are currently making and it will be "fair." If the Big12 is building for the future it needs partners and you don't build a relationship by permanently screwing your partners over. The Big12 has a vested interest in loyalty and insuring their new additions flourish thus helping the conference.
UConn need to get selected and then worry about the terms
There are several misunderstandings in this thread
1. This is not shark tank, it is a marriage. A shotgun marriage for sure, but a marriage. The party with leverage (XII) does have a material interest in choosing the best candidate not the just the one who will accept the least. This isn't pawn stars either. The XII does not have an unlimited number of options.
2. No one assuming the G5 teams can set terms. The XII will set the terms but, this isn't new ground. Every other P5 conference has brought in new members recently. There is a pool of information available to both sides. This pool sets the parameters of negotiation. If the G5 demand a full share plus the Texas AD welcoming the new members with a curtsy, then ya, the XII will move on. Likewise, if the XII demand the G5 take less than they are making now or not providing a path to equal membership then the G5 schools will not sign on.
3. If the XII doesn't add credible programs, the it dies. Certain people at the XII may or may not realize this, but I guarantee some do. This is the G5 leverage. Is it worth a lot, no. But it is worth being treated with respect and being offered a fair deal in line with past deals and making sure there is something in it for the new members. Just like a FB locker room, relationships and morale matter a lot.
The XII can't be seen as humiliating it's new members. Therefore, the idea that this will be a low bid proposition is completely false.
Assuming the rumor of a 10 year buy in and limited voting rights is true, (it isn't). Then that would not be in line. The correct deal in exchange for a GOR is full vesting at the end of the current agreement. The starting percentage and rate of escalation is negotiable. Whether it be 50%, 50, 50, 75, 75, 75,100; or 33, 33, 50, 50, 75, 75, 100; or some other schedule doesn't really matter. Those are just dollars that neither side had coming before the deal. The relationship will be based on respect and that means a say on future league matters. It's OK to exclude new members on old business or from certain committees, but remember when the ACC took UL. They consulted with Pitt and Cuse, even though they didn't have a formal vote.
Like any new partnership, it is expected that things will go slowly at first. A good negotiator will steer the conversation toward subjects of mutual agreement. When the more difficult subjects come up, both sides are more likely to be amenable to the others needs. It's not certain to work, but it does most of the time.
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