The Private Equity College Sports Hellscape Thread

[Rufus]

The PAC schools just kinda fell into his lap though. It wasn't a shrewd innovative move on his part. Once the kingpin USC was gone, the dominoes fell. Oregon and Washington announcing they weren't going to sign the GOR/media rights contract with Apple at the last minute had Utah, Arizona, and Arizona State running scared. Utah didn't want to go - they went kicking and screaming, knowing they had no other choice. Yormark may get credit for the 4 corner schools, but if USC didn't reach out to the B1G, those 4 corner schools would still be sticking their noses up to the Big 12 to this day.

 

[Fishy]

The PAC schools just kinda fell into his lap though. It wasn't a shrewd innovative move on his part. Once the kingpin USC was gone, the dominoes fell. Oregon and Washington announcing they weren't going to sign the GOR/media rights contract with Apple at the last minute had Utah, Arizona, and Arizona State running scared. Utah didn't want to go - they went kicking and screaming, knowing they had no other choice. Yormark may get credit for the 4 corner schools, but if USC didn't reach out to the B1G, those 4 corner schools would still be sticking their noses up to the Big 12 to this day.

Oh, Jesus.

The P12 was doomed as soon as the Big 12 beat them to market. That was Yorkmark.

Their only television deal on the table the morning the conference blew up was a high teens offer from Apple TV….that’s why they made a phone call to the Big Ten.

And if they didn’t get a yes from the Big Ten, their next call would have been the B12. P12 was not surviving that morning, despite any nonsensical claims to the contrary.

 

[Rufus]

Again, if USC had not left, the 4 Corner Schools would not be in the Big 12 today.

 

[CL82]

Again, if USC had not left, the 4 Corner Schools would not be in the Big 12 today.

Hadn't Colorado already agreed to come to the big 12?

 

[FfldCntyFan]

Hadn't Colorado already agreed to come to the big 12?

They did after the UCLA-USC to the B1G announcement.

 

[CL82]

They did after the UCLA-USC to the B1G announcement.

But before the new media deal. That's right.

Then the remainder of the four corner schools walked for the terms of the new deal.

 

[Fishy]

But before the new media deal. That's right.

Then the remainder of the four corner schools walked for the terms of the new deal.

No.

06/01/22 - USC, UCLA to the Big Ten
11/01/22 - New media deal
07/26/23 - Colorado accepts B12 invite.
08/04/23 - Four corners schools accept invite

 

[Fishy]

Again, if USC had not left, the 4 Corner Schools would not be in the Big 12 today.

You need to post a lot less.

 

[Rufus]

You need to post a lot less.

Just admit you were wrong.

USC handed the 4 corner schools to the Big 12.

And for that matter, the Big 12 only got them because the B1G did not want them.

 

[Fishy]

Just admit you were wrong.

USC handed the 4 corner schools to the Big 12.

And for that matter, the Big 12 only got them because the B1G did not want them.

lol….you keep moving the goal posts.

Go away.

 

[ScottVib]

My understanding of the timeline was this (my additions in bold/italic):

06/01/22 - USC, UCLA to the Big Ten
11/01/22 - New media deal --- This was the ESPN $30M per school deal that the Pac-XII at their commissioner's insistence rejected.
07/26/23 - Colorado accepts B12 invite.
08/01/23 - New media deal comes in, instead of multiple offers promised, there is one, Apple TV+ for $23M per school
--- This is the point where Oregon, Washington & the 4 Corners scrambled... once Oregon & Washington were accepted at a reduced (50%) payout by the Big Ten (Fox agreed to give the league the extra half-share for those two schools); the 4 Corners were more or less forced into the deal, since the rump Pac-12 had no way to get close to the Big XII TV deal.
08/04/23 - Acceptance of Washington & Oregon by the Big Ten (Source: Yahoo! Sports Oct. 23)
08/04/23 - Four corners schools accept invite

Ultimately Kliavkoff's failure to read the situation prompting the schools to reject a deal that was worth as much per school as Washington & Oregon would ultimately get from the Big Ten, was strike one. Colorado's departure didn't help; but then Kliavkoff's inability to find a better deal and his failure to manage expectations put things back in motion for the death the Pac-12; putting Washington & Oregon back into play, particularly once they were willing to accept $30M from FOX after rejecting $30M from ESPN a year prior. UConn, of course, was once again left on the sidelines as they're role as the back-up partner for Colorado or to otherwise even out the conference was unneeded.

 

[huskymedic]

 

[NowInStorrs]

Per the Locked On Big12 podcast, more than half of the conference has officially declined the $30 million credit line.