Key tweets, and it's all gone to Hell. | Page 99 | The Boneyard

Key tweets, and it's all gone to Hell.

"Per the same source, signs are pointing to the process starting to get in motion, as multiple Big 12 members have inquired about ending their current tier 3 television rights with their providers. This is a positive sign, as a conference network would replace those tier 3 rights."

This nugget is just as important, since a Big 12 network is the primary driver of UConn's value to that conference.
 


3.) Former Kansas State president Jon Wefald has advised Ono, but says UC may have to take a financial “haircut.”

In a Jan. 26, 2015, message to Ono, Wefald said he had talked to several key Big 12 leaders, mentioning Boren and then-Texas President Bill Powers.

“David is impressed with Cincinnati,” Wefald told Ono. “He knows that UC is a big-time school. ... Now, I did not talk to him about the revenues that each school gets. I doubt that he would be enthused about any kind of a ‘major haircut.’”

Later in the email, Wefald said: “The only way I see to get Cincinnati into the Big 12 is this: that UC and the 2nd school would have to volunteer to take the financial haircut yourselves. Why? Because the three major networks will never add enough monies to allow the next two schools to have the same revenues as the 10 to (sic) now.”

Wefald continued: “The emphasis of UC right now should be this: Get into the Big 12 and worry about equal revenues later. So get in now and tell the other 10 universities that you and the second school will take the haircut.”​

Later in the article:

If the Big 12 expands, it most likely will add two schools to get back to 12 members. UC is believed to be competing with about a half-dozen schools, including BYU and current American Athletic rivals Connecticut and Central Florida. UC and BYU appear to be the front-runners, according to Sports Illustrated.

In the end, though, it may not be about which school puts forth the best effort to impress the Big 12’s decision makers.

“It’s all about TV,” said Lee Igel, a sports business expert and co-director of New York University’s Sports & Society program.

And TV money seems to be a major reason the Big 12 has not been in a hurry to expand since losing Nebraska, Missouri, Texas A&M and Colorado in 2011 and 2012.

The Big 12 last year brought in $253 million from sources including TV and bowl games, Forbes says.​
 
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Waquoit said:
Just "among"? Not "clearly the best choice"?
Expand ...
because as much value as we think Uconn has we are not clearly the best choice. our football team has been sub .500 for mult. years now and we all know that is what drives the bus. Cincy has a plus football team with a representative BBall program as well as fertile recruiting grounds in ohio. All of those things make them a clear number one, all we can hope is that we are seen as a strong long term investment with a healthy upside which anyone with a brain can see is where we are heading.
 
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tcf15 said:


3.) Former Kansas State president Jon Wefald has advised Ono, but says UC may have to take a financial “haircut.”

In a Jan. 26, 2015, message to Ono, Wefald said he had talked to several key Big 12 leaders, mentioning Boren and then-Texas President Bill Powers.

“David is impressed with Cincinnati,” Wefald told Ono. “He knows that UC is a big-time school. ... Now, I did not talk to him about the revenues that each school gets. I doubt that he would be enthused about any kind of a ‘major haircut.’”

Later in the email, Wefald said: “The only way I see to get Cincinnati into the Big 12 is this: that UC and the 2nd school would have to volunteer to take the financial haircut yourselves. Why? Because the three major networks will never add enough monies to allow the next two schools to have the same revenues as the 10 to (sic) now.”

Wefald continued: “The emphasis of UC right now should be this: Get into the Big 12 and worry about equal revenues later. So get in now and tell the other 10 universities that you and the second school will take the haircut.”​

Later in the article:

If the Big 12 expands, it most likely will add two schools to get back to 12 members. UC is believed to be competing with about a half-dozen schools, including BYU and current American Athletic rivals Connecticut and Central Florida. UC and BYU appear to be the front-runners, according to Sports Illustrated.

In the end, though, it may not be about which school puts forth the best effort to impress the Big 12’s decision makers.

“It’s all about TV,” said Lee Igel, a sports business expert and co-director of New York University’s Sports & Society program.

And TV money seems to be a major reason the Big 12 has not been in a hurry to expand since losing Nebraska, Missouri, Texas A&M and Colorado in 2011 and 2012.

The Big 12 last year brought in $253 million from sources including TV and bowl games, Forbes says.​
Expand ...

There has been absolutely nothing "quiet" in Ono's quest to put Cincy in the B-12. He has been about as public as you can be along with Houston President Rhenu Khator. Sometimes it seems like they are in a competition to see who can make the most public statements.
 
That "financial haircut" sounds ominous....admittance but only as a sort of associate member with lesser pay out rights than a full member.

If it is time limited, that is not bad...but if it is not time limited, that would be a major change.

I could see that methodology spreading as GOR's expire.

Some dead weight programs might have to look at lesser payouts to maintain the P5 conference standing
 
billybud said:
That "financial haircut" sounds ominous....admittance but only as a sort of associate member with lesser pay out rights than a full member.

If it is time limited, that is not bad...but if it is not time limited, that would be a major change.

I could see that methodology spreading as GOR's expire.

Some dead weight programs might have to look at lesser payouts to maintain the P5 conference standing
Expand ...
Limited funds in the B-12 is significant more than a full share member of the AAC.
 
While it is true that limited funds in the Big 12 might be more than full share of the AAC....

Being an associate member for pay out would keep a program in the bottom of the group of their competing peers in terms of AD funding.
 
I guess it really doesn't matter...If UConn can increase their AD funding from present, they may be in the range of the teams not named Texas or Oklahoma.
 
As long as the exit is eased by as much as the income is reduced, I'd have no problem with an associate membership.

Also, B12 lets teams keep Tier 3 money which is high for us. If a network forms, we'd earn a full share.
 
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billybud said:
I guess it really doesn't matter...If UConn can increase their AD funding from present, they may be in the range of the teams not named Texas or Oklahoma.
Expand ...

Every conference does this. Pac12, B1G and the ACC did it with Louisville. Rutgers has years to go before getting a full share. Even happened to Penn State.

It didn't happen in the B12 because they needed members immediately.
 
pj said:
As long as the exit is eased by as much as the income is reduced, I'd have no problem with an associate membership.

Also, B12 lets teams keep Tier 3 money which is high for us. If a network forms, we'd earn a full share.
Expand ...

If you are joining the Big12, it's because they are starting a network. You will be granting them your tier 3 rights.
 
For a limited period reduced shares are an acceptable compromise. In the longer term however it could lead to dissention within the conference and may not be in it's best interest to have tiers of membership. There would need to be objective standards of valuation measured periodically in order to justify/quantify an equitable distribution. Under that scenario I think we could prosper.
 
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An actual key tweet?

Greg Flugaur‏@flugempire
The road to B12 Expansion goes through UCONN & Cincy. The road has a way to go... But this is where Gee/Boren is planting flag & winning.


  1. Greg Flugaur ‏@flugempire 40m40 minutes ago
    ...Cincy & UCONN..2 Eastern Markets/schools are being pushed by TV B12 Tier 1 partner FOX.

    6 retweets7 likes


  2. gaur ‏@flugempire 41m41 minutes ago
    B12N has a million miles to go...a million hurdles to jump. But for FOX to play ball on B12N (give up some 3rd rights)...Cincy & UCONN...


  3. Greg Flugaur ‏@flugempire 42m42 minutes ago
    Let me repeat: OU contacts perception is Boren won on expansion and Metric stuff needs to be done...but Cincy & UCONN are it. Period.

    11 retweets9 likes

  4. Greg Flugaur ‏@flugempire 44m44 minutes ago
    All of this info comes from OU contacts...same OU contacts that confirmed to us B12 Wrestling Exp before anyone else sniffed this expansion.

    3 retweets2 likes


  5. 6Greg Flugaur ‏@flugempire 45m45 minutes ago
    The B12 Network is something that won't get done before B12 expansion...but expansion is the Chicken before B12 egg can be created.

    4 retweets5 likes


  6. Greg Flugaur ‏@flugempire 47m47 minutes ago
    Oklahoma perception is UCONN & Cincy will measure up to other candidates just fine..but reality is UCONN & Cincy have the support inside B12

    10 retweets8 likes


  7. Greg Flugaur ‏@flugempire 48m48 minutes ago
    Again...Cincy & UCONN are the 2 schools which Pro-Expansion schools are pushing and neutral schools (Kansas) will support.

    9 retweets7 likes


  8. Greg Flugaur ‏@flugempire 49m49 minutes ago
    According to BTM OU contacts..it's Oklahoma perception that B12 will expand with Cincy & UCONN. Timing is for 2017 FB season.
 
Sorry, I didn't look to see if non-key had it first. This is fairly "key", no?

I think this has "welcome to the Big Ten" written all over it. Somebody had to kick-start the process.
 
Waquoit said:
File this under too good to be true, but if it is...
Expand ...
9g9tB7B.png
 
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The above tweets totally make sense with the rumors about expansion programs needing "to take a financial haircut."

The Big12 adds a couple of programs at a less than normal B12 tv share. It is a reasonable deal for the expansion teams cause it pays more than the AAC and it allows P5 access and potential for additional revenue when the B12 network gets built.

After adding the expansion teams the B12 goes to work on a network. With the expansion teams it now has the markets to build a network even if the legalities take a year or 2. In the interim revenue drops a little per team but because they are paying the expansion teams a drastically reduced share it is not a $4 million per team hit. The short term revenue loss becomes an investment which is far less than 2/12ths of the tv revenue. If it keeps OU from bolting it is money well spent and there is a huge potential financial upside if the B12 network succeeds.

UConn and Cincy makes total sense if B12 is adding now with the intend of building a network in the future.
 
wait...you guys are celebrating a greg swaim tweet...????!?!?!?!?!?!?

Damn you guys are gullible.
 
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