If that billion is really there they would have already expanded. The first we heard about this was from a hack of a journalist to lazy to understand the true landscape.
I don't think the billion is an incremental amount. But an amount by adding 4 teams to the current contract at the agreed upon amount per team over 8 years.
That comes to about a billion, I laid my abicus down 9 years ago so I may be a little rusty. If the full amount is distributed to new conference members there is zero net gain for current members.
But if you take the full amount from the contract and say give the 4 new members $10mm per year and distribute the remaining amount to current schools they each get a decent annual windfall. Based on my numbers which are rough , it would be about $6mm per school for just doing nothing. Whether it's 4.5 or 6 is really dependent on a couple of variables . I'm too lazy to look up the actual media payout per team and $10mm per new team was an ballpark figure.s seemed like a round number,
I was trying to demonstrate the math to reconcile Whalers number with the Billion.
Would the four take $10mm plus their tier three
Billy. was right not yes, Hell yes ,but they wouldn't be happy after five years .
For existing schools
Whaler is correct is that amount enough to piss off your media partners ,dilute your product ,and piss off your fans
If the conference isn't going to be there in 8 years why not ,if you think there is a shot for survival probsbly not .
If I missed the point feel free to correct me, The idea of an incremental billion laying around just didn't sound plausible. So much so that I was intrigued to break my vow of no math ever again except a score card,
Hope this was helpful to the arithmetically impaired like my self.