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[QUOTE="nelsonmuntz, post: 4692249, member: 833"]
I agree that getting a media contract to a term sheet should not take this long.  That is a bad sign, but none of the Pac 12 schools are heading for the door, so they must think something good is going to happen.  One scenario that could fit the fact pattern we are seeing from the Pac 12 is if they are in advanced discussions with the ACC for a merger.  That would be a much more complicated deal that a simple media contract, and would take more time.  It would result in a good outcome, so if the Pac 12 schools thought it was going to happen, then they would stick around to see it through.  And, that scenario would enable the ACC to revisit its undermarket TV contract with ESPN at a time when ESPN has to be nervous about losing a big content provider like the ACC if the ACC did something like merged into the Pac 12.

There was a lot of discussion of a merger in May, and then it quieted down.  But a merger, if it was happening, would be on lockdown in terms of communications.  Most of the Pac 12 Administrators have been quiet for the last month or so.
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