Key tweets, and it's all gone to Hell. | Page 268 | The Boneyard

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

CoastAtlantic said:
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This is potentially a HUGE deal.

FOX, which owns the rights to the B12, has basically told the conference that they would rather air Big East basketball than a Championship Game that could potentially be a Texas vs Oklahoma matchup.

This is about as clear as sign that no matter what the WV twitter yahoos say, the B12 is on the verge of a major shakeup. If the current network partner is unwilling to broadcast what should be a major money maker for both the network and the conference, what does that say about future negotiations?

While i'm still not convinced that OK is anything more than UT's plus one it will very interesting to see what these 2 schools say & do over the next few years as we get closer to the TV deals expiring.
 
CL82 said:
Interesting. Seems like another indicator that the conference media right bubble is about to burst.
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And Fox Sports is a lot smaller than it was just a year ago with Fox Corp selling its entertainment arm to Disney and Comcast acquiring Sky Sports not to mention the impact of streaming on traditional broadcasters. They simply may not have the piles of cash that the XII and others conferences expect and want going forward.
 
Mr. Conehead said:
And Fox Sports is a lot smaller than it was just a year ago with Fox Corp selling its entertainment arm to Disney and Comcast acquiring Sky Sports not to mention the impact of streaming on traditional broadcasters. They simply may not have the piles of cash that the XII and others conferences expect and want going forward.
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Maybe, but if the game was a profitable property, they likely wouldn't give it up.
 
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bobbyinaz said:
FOX, which owns the rights to the B12, has basically told the conference that they would rather air Big East basketball than a Championship Game that could potentially be a Texas vs Oklahoma matchup, AT CURRENT PRICES
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You left out an important phrase.
If the B12 rights were $10M, or possibly $15M, instead of $20M, this would not have happened.
 
Fox has minimal ties to the B12, unlike their ties to the B10, showing only a few football games per year and the B12 football championship every other year. Deciding not to pay $20 million to broadcast the B12 football championship every other year is probably an easy decision as you are not really a significant partner with the B12 and you know the advertising numbers.

What is most surprising about this announcement is that Fox can walk away from the championship game. This tells us that we really don't know all of the details of the conference media deals and we could see more surprises down the road.
 
vowelguy said:
You left out an important phrase.
If the B12 rights were $10M, or possibly $15M, instead of $20M, this would not have happened.
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But, wouldn't their TV PARTNER come to them and say "$20MM is out of our reach but we still want the game so let's make a deal"?

That's not what happened here. IMO, the biggest thing here is not that the B12 Championship game isn't worth $20MM. The BIG deal is that the B12 conference TV partner told them to pound sand and walked away and doesn't care who (if anyone) broadcasts the game. This after paying however hundreds of million to broadcast the entire regular season.

If I was the B12 I wouldn't be expecting FOX to be a major player in the next round of contract negotiations
 
bobbyinaz said:
But, wouldn't their TV PARTNER come to them and say "$20MM is out of our reach but we still want the game so let's make a deal"?
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How do you know they didn't discuss but couldnt reach a deal?
 
vowelguy said:
How do you know they didn't discuss but couldnt reach a deal?
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They certainly could have but, if the number isn't $20MM what is it?

$15MM, $10MM? Either way it's a few million dollars to FOX which spends billions on broadcast rights.

My belief is that if FOX really wanted the game they would've made a deal.
 
bobbyinaz said:
But, wouldn't their TV PARTNER come to them and say "$20MM is out of our reach but we still want the game so let's make a deal"?

That's not what happened here. IMO, the biggest thing here is not that the B12 Championship game isn't worth $20MM. The BIG deal is that the B12 conference TV partner told them to pound sand and walked away and doesn't care who (if anyone) broadcasts the game. This after paying however hundreds of million to broadcast the entire regular season.

If I was the B12 I wouldn't be expecting FOX to be a major player in the next round of contract negotiations
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The money they are saving will be used for their pending AAC bid
 
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FOX just ceding away basically all of Big XII basketball to ESPN as part of this current deal was some really brilliant negotiating on their part.

Hey, at least they have more room for Creighton-DePaul!

If FOX thinks the Big XII football game is a bad ROI, just wait until they do an analysis of that Big East deal.
 
bobbyinaz said:
This is potentially a HUGE deal.

FOX, which owns the rights to the B12, has basically told the conference that they would rather air Big East basketball than a Championship Game that could potentially be a Texas vs Oklahoma matchup.

This is about as clear as sign that no matter what the WV twitter yahoos say, the B12 is on the verge of a major shakeup. If the current network partner is unwilling to broadcast what should be a major money maker for both the network and the conference, what does that say about future negotiations?

While i'm still not convinced that OK is anything more than UT's plus one it will very interesting to see what these 2 schools say & do over the next few years as we get closer to the TV deals expiring.
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My reaction was wow... the bubble
may have finally burst.
 
bobbyinaz said:
They certainly could have but, if the number isn't $20MM what is it?

$15MM, $10MM? Either way it's a few million dollars to FOX which spends billions on broadcast rights.

My belief is that if FOX really wanted the game they would've made a deal.
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Network Fox is essentially live sports and some cartoons. It’s really out of character for them.
 
whaler11 said:
My reaction was wow... the bubble
may have finally burst.
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You may be right. I, as most outsiders, always thought the Big12 deal was way out of proportion to what they delivered.
 
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whaler11 said:
it’s a dead network they will have to shutter.

their pe offers are downright hilarious. 5-8.5 billion dollars. turn the b to an m and you are 90% closer.

PAC12 Exploring Taking On Private Equity Partners
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Those numbers are dubious for the PAC 12. Those are AAC-level dollars—not “Power 5” numbers. Have to imagine nascent members like Colorado are having buyer’s remorse considering the seismic gap between this deflated PAC 12 deal and the Big 12’s incumbent deal. Curious how this might impact 2022-2023 realignment.
 
whaler11 said:
it’s a dead network they will have to shutter.

their pe offers are downright hilarious. 5-8.5 billion dollars. turn the b to an m and you are 90% closer.

PAC12 Exploring Taking On Private Equity Partners
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It’s amazing how Larry Scott keeps his job.

The only good thing about the PAC network being a failure is that I get the NFL Ticket free from Directv every year when I “complain” that I can’t watch PAC games.
 
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GridironGR8 said:
Surely the Dude of WV or Greg Whatsisname via his pal the BTM got the scoop on this?
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Sure. You'll see tweets assuring everyone that they knew about this before the announcement.
 
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