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

[LesMis89]

Chicago Bears hire Big Ten's Kevin Warren as president, CEO

"Warren had been with the Big Ten since June 2019 but recently was not given a contract extension by the conference, sources told Thamel. "

 

[uconntailgater]

His work was done with the B1G. He guided expansion with the addition of USC and UCLA, along with the very lucrative television deal across three OTA networks. The value of that contract will be the accessibility of games without cable or satellite. Yes, games will be on cable, satellite, conference Network, and streaming Too.

 

[Rappin'Rodney]

Pac 12 fires two top executives for failing to report $50 million in overpayments from Pac 12 Network programming distributor partner starting in 2016:



Link to archived article.

Link to Pac 12 press release.

 

[Kolumbo]

Pac 12 fires two top executives for failing to report $50 million in overpayments from Pac 12 Network programming distributor partner starting in 2016:



Link to archived article.

Link to Pac 12 press release.

"The audit concluded that one of the Pac-12 distribution partners had overpaid the Pac-12 Networks for the year 2016 by a material amount."

So the "distribution partner" paid $50 million too much over 5 years or so. what the heck kind of controls do they have in place over there? If it wasn't espn or fox, who was it? Marty Byrde laundering cash?

 

[CoastAtlantic]

 

[billybud]

LOL...they are talking endowment funds...

Harvard, Yale, Princeton, and MIT are in the top five.

Alabama, Georgia level football ?

As Steven Tyler wails..."Dream on...dream on".

 

[Slasher]

Even if Harvard was targeted, Harvard would say no.

 

[FfldCntyFan]

The premise behind that click bait essay is that Harvard (and a couple other schools), due to their massive endowments can use NIL, filled with endowment dollars to buy their way into the top of major college football.

The issues are a) those schools were once at the top of major college football but they intentionally moved away from that some 90 years ago in order to preserve their academic status (when major football was far less of a threat to that than it is today) and b) it assumes that a school can spend endowment money in any manner it wants. A good amount of this is earmarked for specific purposes and while a few Ivies likely have a larger amount of unencumbered endowment funds than most schools have total endowment funds, there are tax rules on what they can spend endowment money on.

Other than maybe a few dozen alumni from Harvard, Yale and Princeton who at cocktail parties like stating how great their football programs were from the start of college football into the 1930's and how they could get there again, there is really nobody putting any thought or effort into any of the Ivies improving their overall level of play.

 

[Kolumbo]

The entire Ivy League could decide to go FBS and join up with the Southern Ivies. Cash is King. It's not just the endowments, it's the billionaire and millionaire alumni who could finance the teams. That said, you'd still have to hire enough players who can and want to keep up with the academics.

 

[CL82]

How is this a key tweet?

 

[billybud]

What is ignored is that endowments come with strings attached...mostly academic oriented...endowed chairs, endowed scholarships...paying millions to high school athletes to play football is probably not within the boundries of the endowment.

University endowments support the teaching, research, and public service missions of the university. And charitable donations are the primary source. NIL's are business propostions and may not come under the IRS designation "charitable contribution".

 

[Rappin'Rodney]

 

[CoastAtlantic]

 

[CoastAtlantic]

 

[billybud]

I never knew that the first college football game played at Yankee Stadium was Pitt vs Cuse 100 years ago,,,..

Those two go way back...but the score, LOL.

3-0 Syracuse....

 

[Rufus]

Pete Thamel

@PeteThamel


Sources: The effort for Oklahoma and Texas to leave the Big 12 a year early and join the SEC in 2024 has stalled and at this point is unlikely to come to fruition.


8:24 AM · Feb 3, 2023·
839K
Views

 

[huskymedic]

 

[NowInStorrs]

Not great news for the P12 but who else were they going to go after?

 

[shizzle787]

Not great news for the P12 but who else were they going to go after?

They are likely just adding SDSU and SMU and going with an Amazon/ESPN TV package. The only other candidates were UNLV and Fresno State.

 

[UConnJim]

They are likely just adding SDSU and SMU and going with an Amazon/ESPN TV package. The only other candidates were UNLV and Fresno State.

How the Pac 12 has fallen. SMU? Probably the 7th or 8th best football school in Texas. From a media standpoint, SMU does not move the needle and they are going to help a conference that might have a significant portion of their media contract coming from streaming? If I were Arizona, Arizona State and Colorado, I would seriously consider asking to join the Big 12. Better football and basketball and probably a better media contract, at least most of the games not streaming.

 

[CoastAtlantic]

 

[Storrs South]

 

[Storrs South]

 

[WestHartHusk]

Shoot me. SMU and UCF are gonna be in “power conferences”? This is a bitter pill for the leftover PAC-12.

 

[Storrs South]