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Right. It was negotiated down from ~$160 to ~$100 mil...

Posted on: June 14, 2024 at 02:51:34 CT

zounami MU

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because the Big 12 also wanted to get rid of the "lame duck" (departing) members and move on to the next chapter with their new (incoming) members.

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CBS Sports Story On Big XII Private Equity Move - ScottsdaleTiger MU - 6/13 17:20:06

Private equity buys 20%. Siphons off revenue. The - TigerMatt STL - 6/13 23:22:16

There's no way it ends well for the Big 12. There are no - zounami MU - 6/14 02:54:39

The key will be if the Big 10 and SEC play each other - Genco98 MU - 6/14 05:51:15

agreed (nm) - zounami MU - 6/14 12:41:08

Quit selling America to other countries!(nm) - shorty MU

- 6/13 21:51:14

Power 2-1/2 plus the little brother not 4(nm) - TigerFan92 STL - 6/13 18:31:16

Its Still Little League Football - TennesseeTuxedo UT - 6/13 18:21:38

Europe, "Let's hustle some dumb Americans like the Big IIX" - tigertix MU - 6/13 17:58:39

Risk v. Reward - ScottsdaleTiger MU - 6/13 17:42:42

I would imagine that it could be possible that the contract - JeffB MU

- 6/13 19:20:53

Regarding your last paragraph, the article says there would - zounami MU - 6/13 17:45:28

And how would that new GoR be enforced? - ScottsdaleTiger MU - 6/13 18:02:21

Of course, they would probably try and structure it so that - JeffB MU

- 6/13 20:15:44

You're confused about what the GoR is. It doesn't prevent - zounami MU - 6/13 18:10:37

Texas & Oklahoma left a year before their GoR expired, but - JeffB MU

- 6/13 20:33:06

Yes. "It would be based upon who is the home team"... - zounami MU - 6/13 21:47:59

btw, the Big 12 GoR still applies to Texas & Oklahoma... - zounami MU - 6/13 21:54:28

Per the article I linked to, they aren't taking the hit they - JeffB MU

- 6/13 22:25:43

Right. It was negotiated down from ~$160 to ~$100 mil... - zounami MU - 6/14 02:51:34

$20 million of that was what all of the Big 12 teams had - JeffB MU

- 6/14 07:56:14

Colorado's signing bonus was a measly $2 million... - zounami MU - 6/14 12:49:55

Excerpts from the article: - JeffB MU

- 6/14 15:46:55

No. Texas & Oklahoma negotiated a deal to leave a year... - zounami MU - 6/13 21:45:48

btw, Scottsdale, how would you feel about your Sun Devils - zounami MU - 6/13 17:58:31

There are multiple options on how to structure exit fees. - JeffB MU

- 6/13 20:11:30

Here's the main problem: What happens after each school... - zounami MU - 6/13 17:21:12

How the gamble could possibly pay off for them... - JeffB MU

- 6/13 17:36:52

I posted a reply to that effect below, but it's wishful... - zounami MU - 6/13 17:39:03

Could be, but I doubt the private equity firms and their - JeffB MU

- 6/13 17:42:43

The problem is athletic departments don’t turn profits - hou4mu MU - 6/13 20:50:50

They might not have to cut expenses. Governments are - JeffB MU

- 6/13 22:47:26

Correct. However, investors think the TV deals will continue - zounami MU - 6/13 21:59:18

But the deals could have expiration dates on them, just like - JeffB MU

- 6/13 22:49:48

...As an investor, I would view it as a "pump & dump" scheme - zounami MU - 6/13 17:41:04

I'll clarify with a logical extreme. Imagine if the Big12... - zounami MU - 6/13 17:28:29

...The rationale for such a deal is that partnering with a - zounami MU - 6/13 17:38:25