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Left Behind: A Quick Dose Of Post Big 12 Reality


LTtxfan

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So interesting. The problem that the B12 and ACC (Mid2) have is that they get $30-50M less per year than the P2 conferences. That money goes into football operations and the P2 conferences hire large support staffs for scouting of recruits and opponents. The M2 schools want to compete with the P2 schools, so they have to do the same tasks, but with fewer people. The job of an asst at a M2 school is much tougher than at a P2 school (and may pay less). 
 
And now, there is the NCAA allowing the schools to pay players directly. I assumed the G5 and M2 schools would just go to university revenue for that money, but that’s a bad look. This PE money could help there. 
 
I share others’ skepticism about long term effects. As an employee that has gone through a couple of LBOs, I learned that when the new owners say “invest”, they mean “bleed”. 
 
Fortunately, the guys advising Texas actuall are PE, so I expect UT to get the best advice. 

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19 minutes ago, BurntOrange&White said:

I think Kansas would be an add for the BIG long term because basketball.

Then why aren’t they there now?

It’s because Kansas is in a small state and is not a historic football brand.  And you can’t become a football brand now for these purposes.

I understand your line of thought, but if this were their thinking Kansas would be in the Big 10 now.

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2 minutes ago, Al_4_ISU said:

Then why aren’t they there now?

It’s because Kansas is in a small state and is not a historic football brand.  And you can’t become a football brand now for these purposes.

I understand your line of thought, but if this were their thinking Kansas would be in the Big 10 now.

Because focus right now is football. The new landscape is going to want to bring in that basketball cash at some point. That’s why I think that. Baseball will follow suit too but after basketball. 

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I could see Kansas, maybe Utah, maaaaybe CU, and far, distant maybe Arizona or one of the Texas schools (Tech?) someday getting mild interest, but I'd put odds at less than 5% even for Kansas. 

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7 minutes ago, BurntOrange&White said:

Because focus right now is football. The new landscape is going to want to bring in that basketball cash at some point. That’s why I think that. Baseball will follow suit too but after basketball. 

giphy.webp

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35 minutes ago, statsman said:

So interesting. The problem that the B12 and ACC (Mid2) have is that they get $30-50M less per year than the P2 conferences. That money goes into football operations and the P2 conferences hire large support staffs for scouting of recruits and opponents. The M2 schools want to compete with the P2 schools, so they have to do the same tasks, but with fewer people. The job of an asst at a M2 school is much tougher than at a P2 school (and may pay less). 
 
And now, there is the NCAA allowing the schools to pay players directly. I assumed the G5 and M2 schools would just go to university revenue for that money, but that’s a bad look. This PE money could help there. 
 
I share others’ skepticism about long term effects. As an employee that has gone through a couple of LBOs, I learned that when the new owners say “invest”, they mean “bleed”. 
 
Fortunately, the guys advising Texas actuall are PE, so I expect UT to get the best advice. 

Because all the lowly schools with less popular football teams don't have access to PE advice. LOL.

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37 minutes ago, Al_4_ISU said:

Then why aren’t they there now?

It’s because Kansas is in a small state and is not a historic football brand.  And you can’t become a football brand now for these purposes.

I understand your line of thought, but if this were their thinking Kansas would be in the Big 10 now.


big12 basketball is no slouch 

 

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31 minutes ago, tx 3 putt said:


big12 basketball is no slouch 

 

Right.  It's fantastic.  But these decisions have been made on a football basis, and outside of maybe 5 schools, anyone else dilutes the pot for the Big 10 and SEC.

The Big 10 and SEC are already full of schools that don't add any value and are no different than the Big 12 or ACC schools once you take away their Big 10/SEC paycheck.  It is far more likely that those schools take a hair cut to stay in the club than it is that the Big 10 or SEC add some school that they've passed over in the last 5 rounds of realignment.

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Posted (edited)
2 hours ago, BurntOrange&White said:

 

Holy shit the Big 12 is going to sell off it's conference naming rights and let PE have 20%? Such a poverty conference. Yormark going to kill it with get rich quick schemes.

 

Frankly, I'd love to see Yormark crash and burn.  And if the conference defaults on the PE money, they can just hand over tceh and Kansas, and call it even.  No one really wants those two clown schools, anyways.

 

EDIT: This is also just in:  OU looking into selling the schools naming rights to...
PH-mini.jpg.e671c9ae79bf105726f9bba4ae7da4db.jpg

Edited by PvilleStang
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2 hours ago, BurntOrange&White said:

 

Such a poverty conference. Yormark going to kill it with get rich quick schemes.

 

Pretty sure the SEC is watching. Waiting for the Allstate Conference to set the bar, knowing full well that the SEC asking price will be at least triple what they get. I'm betting on Coca-Cola stepping up to buy the SEC rights.

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20 minutes ago, CustersDoctor said:

Pretty sure the SEC is watching. Waiting for the Allstate Conference to set the bar, knowing full well that the SEC asking price will be at least triple what they get. I'm betting on Coca-Cola stepping up to buy the SEC rights.

This makes a boat load of sense.  They'll probably keep the "SEC" part because it still kinda makes sense.  None of the other conference names do.  The Big 12 has 16.  The Big 10 has 18.  The ACC has Stanford, Cal, SMU, and Louisville.

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2 hours ago, LTbear said:

I could see Kansas, maybe Utah, maaaaybe CU, and far, distant maybe Arizona or one of the Texas schools (Tech?) someday getting mild interest, but I'd put odds at less than 5% even for Kansas. 

Zero chance that Tech gets into the B1G for the same reasons they were a sticking point during P12 expansion round 1. They are not a good school academically, they have never won anything as a traditional football power, and they don't really deliver a market of relevance. B12 is about as good as they can do unless they got a last ditch invite from the ACC to stay afloat after a new TV deal. 

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1 minute ago, Vertigo said:

Zero chance that Tech gets into the B1G for the same reasons they were a sticking point during P12 expansion round 1. They are not a good school academically, they have never won anything as a traditional football power, and they don't really deliver a market of relevance. B12 is about as good as they can do unless they got a last ditch invite from the ACC to stay afloat after a new TV deal. 

I mean, I really agree. I said 5% for Kansas and a much smaller % for Tech - like less than 0.5%. My only thinking was if the B1G gets a Florida school someday they may want a Texas school. 

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4 minutes ago, LTbear said:

I mean, I really agree. I said 5% for Kansas and a much smaller % for Tech - like less than 0.5%. My only thinking was if the B1G gets a Florida school someday they may want a Texas school. 

B1G's gonna have aggy after they flee the SEC, so why would they need tceh?

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6 minutes ago, DFW Horn said:

Take the fuckin' money.

Big ___ is a half-assed, shitty name for a conference anyway. Who cares?

State Farm Southeastern Conference

This, "Big" whatever is the dumbest fucking thing in the world.   The Allstate conference was the least obnoxious thing I've read on here in a while, though Truckstop Conference still has my vote.   For enough money let it be the Gecko Me In The Dick Conference, who the fuck cares.   Stanford is in the Atlantic conference.   There are 16 teams in the Big 12 and 18 teams in the Big 10 and if you put SEC in a search engine the first thing you get is the Securities and Exchange Commision.  

This PE thing though is not a bad play if the PE knows what they are doing.   Remember, each of the other three have ownership stakes in their conference in some way.    The SEC and ACC's nameplate channels are fully and completely owned by ESPN.   Fox owns 60% of BTN and sat at the table negotiating the rates with other broadcasters when the Big Ten did their new deal.   Not only do those conferences have someone they are already in bed with, they are already taking a cut as well.

The question is what does 15-20% of the Big 12 buy you.    You don't just give money to schools and siphon off an increase in revenues yearly, which you could do because broadcast contracts increase at a set rate.    You want to invest and INCREASE revenues for the conference so that you make it back like they do.   Now you could do that by bringing in other investments if you have these structures already set up for other sports or you can help them reduce spend in some way to make the value higher or you can make the value of the entire operation higher so that the next time the conference went to market for a tv deal it was sizably higher.   To do that you'd probably need to use your investment to lure other properties that may move the needle.

However they do that will matter.   If its just take money spend in NIL, both sides are stupid.    They have to break something with it, then it can pay off.

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Agree.

The only situation I could understand taking Private Equity is with FSU/Clemson. If you have to pay out 200 million plus to the ACC to get into the Big Ten or SEC to make $30mil more a year, then I could see that. Still, it seems like a loan/bond from the state, would both be preferable than PE.

Outside of that, I find any other scenario hard to image.

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15 hours ago, Doc Sam Beckett said:

It would be a baller move for the SEC to buy the naming rights for the Big 12. Maybe each SEC team could adopt a Big 12 team 

Well, we'd have to deal with two little brothers, then. Aggy and whatever left behind trash we get dealt.

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On 6/13/2024 at 5:35 PM, DFW Horn said:

Take the fuckin' money.

Big ___ is a half-assed, shitty name for a conference anyway. Who cares?

State Farm Southeastern Conference

The Southwest Airlines Conference for the win. 

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