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Message: [QUOTE="CoastAtlantic, post: 3177730, member: 5174"] [USER=1286343007]Greg Flugaur‏ @flugempire[/USER] [URL='https://twitter.com/flugempire/status/1136962792383221761']4h4 hours ago[/URL] [URL='https://twitter.com/MarkKochenderfe'][S]@[/S]MarkKochenderfe[/URL] [URL='https://twitter.com/theDudeofWV'][S]@[/S]theDudeofWV[/URL] [URL='https://twitter.com/Expansion_Crush'][S]@[/S]Expansion_Crush[/URL] [URL='https://twitter.com/NebGradDubDub'][S]@[/S]NebGradDubDub[/URL] SBJ is saying there have been multiple of offers with valuation set at 5 billion, 750 million or more in upfront money for 15% equity at stake. 15% bleeping equity!?!? Some Tech Companies are in on the bidding. [USER=1286343007]Greg Flugaur‏ @flugempire[/USER] [URL='https://twitter.com/flugempire/status/1136964796010639360']4h4 hours ago[/URL] This deal(Bridge Loan/PAC next Media deal 2024)according to last night’s SBJ article.. “A $750 million investment distributed evenly over five years would represent $12.5 million more per school. The existing $30 million plus the new $12.5 million would add up to $42.5 million.” [USER=1323511196]Mark Kochenderfer‏ @MarkKochenderfe[/USER] [URL='https://twitter.com/MarkKochenderfe/status/1137012713656324096']6h6 hours ago[/URL] Replying to [USER=1286343007]@flugempire[/USER] [USER=2354921924]@Expansion_Crush[/USER] and 2 others It is just as desperate as it appeared before we had any numbers. The third thing we don’t know is the degree of internal disunity. How concerned are the weaker teams have the stronger brands leaving? [USER=1323511196]Mark Kochenderfer‏ @MarkKochenderfe[/USER] [URL='https://twitter.com/MarkKochenderfe/status/1137013431746408451']6h6 hours ago[/URL] The other thing that is interesting is the idea of some Amazon or such partnering with the pac 12. I find it hard to believe. Amazon doesn’t circumvent economic fundamentals. The problem with the pac 12 is too few watch their product. [USER=1286343007]Greg Flugaur‏ @flugempire[/USER] [URL='https://twitter.com/flugempire/status/1137037219112374272']5h5 hours ago[/URL] I agree Amazon doesn’t circumvent economic fundamentals however their leadership is full of PAC Alumni. It might not be Amazon...maybe Facebook? If PAC schools do sign an Investment deal the door shuts on any PAC/Big 12 future involvement in mergers or poaching. [USER=386000905]Christopher Lambert‏ @theDudeofWV[/USER] [URL='https://twitter.com/theDudeofWV/status/1137064705808371713']3h3 hours ago[/URL] BTM told you the offers were ugly. Hmm... not so ugly. [USER=1286343007]Greg Flugaur‏ @flugempire[/USER] [URL='https://twitter.com/flugempire/status/1137065443313799168']3h3 hours ago[/URL] Replying to [USER=386000905]@theDudeofWV[/USER] BTM was told vote would be pushed backed beyond June and offers were “dam ugly”. Also was told PAC schools may be desperate enough to take it..if you read the tweets. Giving 15% equity is something that people could consider ugly...but sure sounds like it’s going to get done. [USER=1286343007]Greg Flugaur‏ @flugempire[/USER] [URL='https://twitter.com/flugempire/status/1137066078750814208']3h3 hours ago[/URL] We both know Christopher there is something going on behind the doors of PAC....they must have received assurances from some new Media player in sports to say no to ESPN on extended deal and to give up 15% equity on a loan bridge. Something is going on. [USER=386000905]Christopher Lambert‏ @theDudeofWV[/USER] [URL='https://twitter.com/theDudeofWV/status/1137067178941911041']3h3 hours ago[/URL] Replying to [USER=1286343007]@flugempire[/USER] Or Larry Scott wants to save his ass. $750m sounds impressive but whats the cost? How is to be paid? There’s a lot trending against the Pac 12 that makes me wonder about the terms. I would also like to know if members have to approve it or if their respective boards. [USER=1286343007]Greg Flugaur‏ @flugempire[/USER] [URL='https://twitter.com/flugempire/status/1137068116830298112']3h3 hours ago[/URL] Good questions. [USER=1323511196]Mark Kochenderfer‏ @MarkKochenderfe[/USER] [URL='https://twitter.com/MarkKochenderfe/status/1137087755048108032']2h2 hours ago[/URL] The whole thing doesn’t add up unless there is truly a white knight we don’t know about. Otherwise the loan is just a bridge to nowhere. I guess the other possibility is Larry Scott is just BSing to keep the job. The PAC schools leadership are definitely most gullible of P5 [USER=386000905]Christopher Lambert‏ @theDudeofWV[/USER] [URL='https://twitter.com/theDudeofWV/status/1137066044881821697']3h3 hours ago[/URL] $750 is impressive. I wonder what the terms are... for the Big 12’s sake I hope the devil is in the details. Are the 14 members getting a one time influx of $53M or is it spread out. What’s the opportunity cost of those dollars? [USER=1286343007]Greg Flugaur‏ @flugempire[/USER] [URL='https://twitter.com/flugempire/status/1137066830990913536']3h3 hours ago[/URL] Replying to [USER=386000905]@theDudeofWV[/USER] I have SBJ. It only says it could be more than 750 million..and 15% equity number is used in the article but it’s not conclusive. Also stated multiple Tech companies are involved in the bidding. [USER=386000905]Christopher Lambert‏ @theDudeofWV[/USER] [URL='https://twitter.com/theDudeofWV/status/1137067742161453057']3h3 hours ago[/URL] I can check with DAZN. Not sure they will answer. They are desperate to get into the market. But $750M over 10 years is peanuts. So the details are important. [USER=386000905]Christopher Lambert‏ @theDudeofWV[/USER] [URL='https://twitter.com/theDudeofWV/status/1137066456263385088']3h3 hours ago[/URL] Despite what the Big 12 says it needs to expand its footprint. The best way to do that is at the expense of the Pac 12. If it can’t then its a toss up. [USER=1286343007]Greg Flugaur‏ @flugempire[/USER] [URL='https://twitter.com/flugempire/status/1137067873518718978']3h3 hours ago[/URL] Replying to [USER=386000905]@theDudeofWV[/USER] Yes, Big 12 needs to expand its footprint. PAC is too unified. I highly doubt ESPN would support Big 12 expansion into Florida (UCF/USF) in 2025. Big 12’s future is on the knives edge. [USER=2156611688]Archetype Gaming‏ @esportsTN[/USER] [URL='https://twitter.com/esportsTN/status/1137074722183602176']2h2 hours ago[/URL] So cincy and Memphis? [/QUOTE]

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