Natebishop3
Don't tread on me!
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I'll be surprised if any PAC team finishes conference play with less than 2 losses
Yeah. It's going to be a mosh pit. Everyone will take a few bruises.
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I'll be surprised if any PAC team finishes conference play with less than 2 losses
That remains to be seen, but it wouldn't surprise me.He is not wrong in doing so. But he did graduate from WSU. Seems like a conflict of interest.
He is not wrong in doing so. But he did graduate from WSU. Seems like a conflict of interest.
What is being printed in the news here in Phoenix is that the 10 schools that petitioned to leave have abandoned their rights to vote as members.
It's impressive you can write up so many opinions and speculative statements without having any real insight.well, that's just false.
There is nothing in the by-laws about intent. What is in the by-laws is that no team can file a notice of exit until August 1, 2024. Until that time, all teams are still members of the PAC-12, and the Pac-12 has 'current' business until next August. That's almost 11 months. OSU/WSU will be the only voting members after the exits. The idea that they are the only voting members now is fucking idiotic. Yes, they are the Pac-2 for future decisions but again, those future decisions don't start for 11 months.
If they were the only voting members, they could hold a board meeting between themselves and change the by-laws to:
* all media money paid to the conference for the current football season (2023) only goes to them
* OSU/WSU are exempt from repaying their share of the 50M Comcast debt they helped create
* OSU/WSU are exempt from all other debts which then fall to the 10 other teams
* they get ALL March Madness money
* the 10 exiting schools are liable for the 10 year facilities lease to house the Pac-12 Network the conference signed a couple of years ago, but OSU/WSU are exempt
this has become a legal dispute meaning that logical and fair are flushed down the crapper.
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My take is that OSU/WSU were either a bit paranoid about the possibility of the other 10 teams being assholes, OR, they wanted to have a lever to compel a negotiated settlement. What they really want, and need, is clarity about current & future PAC revenue, assets, and liabilities. And that clarity needs to happen soon; as in the next 2-3 months.
Clarity sure as hell won't happen if the entire PAC-12 shitshiree is locked up in the courts. Which I think points to the risk OSU/WSU are taking. Because if the other 10 schools decide to fight back and litigate fundamental issues, it could be years before the cases are settled. I don't think the exiting schools are going to be real aggressive, but I do believe they want their share of revenue generated over the next 11 months
the issue is that OSU/WSU want to squeeze every penny of possible revenue they can from the corpse of the Pac-12. And also keep the Pac brand alive. They will have two years until 2026 (which coincidentally is the same time the MWC GOR expires) to convince MWC schools to exit their conference, or disband it, and reform the PAC. But that can't happen if the PAC is enmeshed in litigation. And if that happens, OSU/WSU will be scrambling, hard, to schedule two years of football, basketball, baseball, and all other sports. And they will be getting exactly zero media dollars.
in other words, OSU/WSU want the past and current business of the PAC settled, financially, and legally. And they want it settled ASAP. This lawsuit may be a good idea, assuming it compels a settlement. But it could also be a really bad idea if it pisses off the other 10 schools enough to litigate
It's impressive you can write up so many opinions and speculative statements without having any real insight.
Wizenheimer clearly did not listen to the hearing yesterday. That was as open and shut a presentation as there could be. Only 2 schools still sit on the conference board of directors - there's no argument to be made (successfully) to the contrary.
Correct me if I'm wrong, but didn't the ruling yesterday pretty much tie everyone's hands?
The 10 departing schools can't come together and vote to change the distribution schedule and the 2 remaining schools also can't vote to modify revenue payouts.
seems to do exactly that unless there is a pre-vote agreement of 12-0. As I understand it the main focus of the scheduled meeting were some retention contracts, like for officials in the basketball season, administrators, Pac-12 Network facilities managers, etc. But obviously OSU/WSU were worried about the majority changing some bylaws that would have prevented 2-way splits on any revenue streams
really seems there should be room between both sides for a settlement that allows OSU/WSU some extra cash and retention of the PAC brand which would allow immediate clarity, and a 12-way split of most revenue generated by all 12 teams thru July 2024, after accounting for liabilities.
Welcome to the internet and especially S2!It's impressive you can write up so many opinions and speculative statements without having any real insight.
Ahead of plans to exit the Pac-12 after his season, schools like UCLA, USC, Oregon, and Colorado reportedly wanted the conference to pay for their decisions to leave it.
The 2023 college football season is underway, and it very well could be the final one for the legendary West Coast conference the Pac-12. There has been no bigger story in college athletics over the last year than the league’s stunning downfall in this new era of super conferences.
Related: Oregon State and Washington State planning to rebuild Pac-12 by raiding Mountain West
It all started last year when, arguably, the conference’s two most iconic brands UCLA and USC announced that they would be taking their sports programs to the Big-10 starting in 2024. While those departures were a massive blow, no one expected it to set up what has become a mass exodus from the league ever since.
It took much longer than expected for the Pac-12 to finally find a new media rights deal for future seasons, however, when an agreed-upon proposal with AppleTV+ was shown to conference schools, it turned out to be a sign that it was time to move on to bigger and better leagues in the sport. Soon after, Colorado, Oregon, Utah, Arizona, and Arizona State revealed they were also leaving the conference after this season.
Exiting schools wanted Pac-12 to pay for fees to join other conferences
Oregon State and Washington State are now the only teams left in the Pac-12 beyond this season and the two schools have been doing all they can to keep the conference alive. That includes a recent restraining order to block a planned meeting of the conference board.
However, during the hearing where Oregon State and Washington State were granted the restraining order a stunning detail was revealed. The Athletic’s college football writer Nicole Auerbach reported “that the outgoing schools wanted to use Pac-12 money to cover part of their transition costs.”
It is a bold move considering those schools chose to leave the conference of their own accord so they can earn what they feel will be better payouts by being a part of conferences like the Big-10 and Big-12.
During the Monday hearing, the Pac-12 reportedly asked for interim protections that allow them to “keep its lights on and its critical employees in place,” as well as an agreement about how money is spent for daily and monthly needs as the conference stares down the barrel of this being its final season.
MWC has Hawaii, Colorado, Utah, New Mexico (Vegas), and Idaho.
So I guess only Western state missing is Arizona.
Seems like best option for the Beavs is try to form this new pac/MWC, try to get a little bigger slice of pie or their own beaver streaming network revenue. Then over the next 5-10 years have the conference push like hell to promote that it's all west coast while Ducks Huskies LA recruits are having to agree to doing hundreds of flights a year to the East Coast.
Pac14 brand would be way better than using the Mountain west, so makes sense to have merger go that direction instead, even if effectively it's 90% of what the mountain west was last year and only 10% Pac.
Probably would get buy in from all MWC schools and media partners to do the switch.
I guess hickup could be that OSU WSU would want bigger than 1/14 slice at this time so that would be something they have to bargain for.
Are there any other California schools not in the MWC? Ideally would be good if "new pac14" could have at least one bay area and one LA area school.
I think the MWC and OSU/WSU combining as one would be the most realistic best case scenario.
that sure seems inevitable, one way or the other. Either a PAC or a MWC. I still think it would be difficult to re-form a PAC if the existing PAC was bogged down in litigation
I was under-estimating the pools of money that may be in dispute. This article talks about what the PAC generated from men's March Madness in 2021:
https://www.mercurynews.com/2023/03...-madness-be-worth-to-schools-and-conferences/
over 38M. I did the math for 2022 and it was 14M (7 units). That's 52M for just two years of a 6 year cycle. Even assuming it was an atypical 2 years, the 6 year MM pool could be 120-150M
and if a Pac-12 team plays in the Rose Bowl, the conference would receive 75-80M. Considering the strength of the Pac-12 in football, the conference could be generating another 150M in revenue
those aren't the only 2 sources of revenue, but they are the main components. Just from those 2 sources, the pool of money could be in the 250-300M range. That's 20-25M per school which probably means a settlement might be a lot harder to achieve. The bigger the reward, the bigger the argument
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if this is the case, I will not be surprised, at all, if there is a filing by the PAC to have the dispute moved to federal court and maybe, the TRO lifted:
“In an interview Saturday, Jayathi Murthy, Oregon State’s president, asserted that her institution and Washington State should have the “sole right to make any decisions about the governance and assets of conference,” given that “the other 10 have elected to leave.”
The conference calendar stretches thru next August. Yet OSU/WSU want sole control over business that all 12 schools are conducting and revenue that all 12 schools are generating. Now, it could just be negotiating 101; but if that's what OSU/WSU are fighting for then the other 10 schools will almost certainly fight back