Memphis proposing lucrative offer to join Big 12, but it lacks support from conference leadership: Sources | The Boneyard

Memphis proposing lucrative offer to join Big 12, but it lacks support from conference leadership: Sources

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-> Memphis’ proposal is described as a “no-risk” concept, according to some in the Big 12, and it also sets a standard, perhaps, of expansion fees to enter a league. The school would (1) take zero distribution for the final five years of the league’s new television deal with ESPN and FOX; (2) add the sponsorships in excess of $150 million over five years; and (3) subject itself to expulsion after 2030-31 if Big 12 deems it is not adding value. <-
 
I'd like to think that were the big 12 to invite us they might be able to get a little something something from PeoplesBank. No promises, but it could well be something near six figures.
 

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