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Quit selling America to other countries!(nm)
Posted on: June 13, 2024 at 21:51:14 CT
shorty
MU
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MESSAGE THREAD
CBS Sports Story On Big XII Private Equity Move
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ScottsdaleTiger
MU
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6/13 17:20:06
Private equity buys 20%. Siphons off revenue. The
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TigerMatt
MISS
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6/13 23:22:16
There's no way it ends well for the Big 12. There are no
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zounami
MU
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6/14 02:54:39
The key will be if the Big 10 and SEC play each other
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Genco98
MU
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6/14 05:51:15
agreed (nm)
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zounami
MU
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6/14 12:41:08
Quit selling America to other countries!(nm)
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shorty
MU
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6/13 21:51:14
Power 2-1/2 plus the little brother not 4(nm)
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TigerFan92
STL
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6/13 18:31:16
Its Still Little League Football
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TennesseeTuxedo
UT
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6/13 18:21:38
Europe, "Let's hustle some dumb Americans like the Big IIX"
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tigertix
MU
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6/13 17:58:39
Risk v. Reward
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ScottsdaleTiger
MU
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6/13 17:42:42
I would imagine that it could be possible that the contract
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JeffB
MU
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6/13 19:20:53
Regarding your last paragraph, the article says there would
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zounami
MU
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6/13 17:45:28
And how would that new GoR be enforced?
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ScottsdaleTiger
MU
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6/13 18:02:21
Of course, they would probably try and structure it so that
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JeffB
MU
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6/13 20:15:44
You're confused about what the GoR is. It doesn't prevent
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zounami
MU
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6/13 18:10:37
Texas & Oklahoma left a year before their GoR expired, but
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JeffB
MU
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6/13 20:33:06
Yes. "It would be based upon who is the home team"...
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zounami
MU
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6/13 21:47:59
btw, the Big 12 GoR still applies to Texas & Oklahoma...
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zounami
MU
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6/13 21:54:28
Per the article I linked to, they aren't taking the hit they
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JeffB
MU
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6/13 22:25:43
Right. It was negotiated down from ~$160 to ~$100 mil...
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zounami
MU
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6/14 02:51:34
$20 million of that was what all of the Big 12 teams had
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JeffB
MU
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6/14 07:56:14
Colorado's signing bonus was a measly $2 million...
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zounami
MU
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6/14 12:49:55
Excerpts from the article:
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JeffB
MU
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6/14 15:46:55
No. Texas & Oklahoma negotiated a deal to leave a year...
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zounami
MU
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6/13 21:45:48
btw, Scottsdale, how would you feel about your Sun Devils
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zounami
MU
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6/13 17:58:31
There are multiple options on how to structure exit fees.
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JeffB
MU
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6/13 20:11:30
Here's the main problem: What happens after each school...
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zounami
MU
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6/13 17:21:12
How the gamble could possibly pay off for them...
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JeffB
MU
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6/13 17:36:52
I posted a reply to that effect below, but it's wishful...
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zounami
MU
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6/13 17:39:03
Could be, but I doubt the private equity firms and their
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JeffB
MU
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6/13 17:42:43
The problem is athletic departments don’t turn profits
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hou4mu
MU
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6/13 20:50:50
They might not have to cut expenses. Governments are
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JeffB
MU
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6/13 22:47:26
Correct. However, investors think the TV deals will continue
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zounami
MU
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6/13 21:59:18
But the deals could have expiration dates on them, just like
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JeffB
MU
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6/13 22:49:48
...As an investor, I would view it as a "pump & dump" scheme
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zounami
MU
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6/13 17:41:04
I'll clarify with a logical extreme. Imagine if the Big12...
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zounami
MU
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6/13 17:28:29
...The rationale for such a deal is that partnering with a
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zounami
MU
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6/13 17:38:25