Greg Flugaur@flugempire
12m
Just finished up with my Sunday dinner with BTM.
Following Tweets are from BTM.
Subject: PAC
Greg Flugaur@flugempire
12m
BTM:
“Was told last week PAC has 3 live offers on the table from essentially potential future PAC media partners to invest in PAC NewCo with sliding valuations which average around 5 billion.”
Greg Flugaur@flugempire
12m
BTM
“The final 3 offers basically meet the requirements PAC Presidents put forth at the beginning of this exercise of what the conference would consider in an investment deal with PAC sending equity for upfront loan money”
Greg Flugaur@flugempire
12m
BTM
“PAC Presidents have changed their focus during this bidding process from one of, “what is best offer in terms and conditions for Conference to get to 2024, to how can we make deal to ensure best partner is investing in us after 2024.”
Greg Flugaur@flugempire
11m
BTM
“It’s the details on how the relationship would work between investor and PAC after 2024 is where this will be decided. It’s obvious a new future large media partner is the investor, the space, PAC would like to enter into with in their new world so to speak.”
Greg Flugaur@flugempire
8m
BTM
“While most people will look at upfront$ & equity in this deal as barometer of how successful this venture will work out for PAC, it’s really future money & exposure this new media partner, turned PAC NewCo investor, can provide to PAC is main scoreboard for PAC officials.”
Greg Flugaur@flugempire
7m
BTM
“The decision will come during Fall of 2019. If it gets put off again then it will die before birth. There is a perception PAC Presidents will come to an agreement, an agreement which is clearly better than any other option open to them collectively”
Greg Flugaur@flugempire
7m
BTM
“The energy, the inertia is behind getting this done. Other options are not feasible. Stanford, Oregon and Arizona State Presidents, along with a couple more, are making sure everyone gets on same page”
Greg Flugaur@flugempire
7m
BTM
“PAC Presidents are encouraged by Raine Group’s data. It’s quite clear Media Companies are wagering Live Sport Content remains valuable and only grows in value for the foreseeable future which makes PAC NewCo valuation of 5 billion possible.”
Greg Flugaur@flugempire
5m
BTM
“Big 12 Realignment option is not looked on as a solution but as more of a political bloodbath for any PAC President to even approach the subject inside his or her own walls.”
Greg Flugaur@flugempire
5m
BTM
“The movement toward a deal between PAC Presidents, Commissioner and new Investor for PAC NewCo has a shelf life on to its own. If it’s to be done, and I expect it will get done, it needs to happen this Fall. No later”
Greg Flugaur@flugempire
4m
Replying to
@grana71
BTM never mentioned Apple.