I doubt anything happens, but I’m curious what ND would do if they left the ACC. My guess is they’d stay independent and park their non-football sports in the Big East. Wonder how much of a hit financially that would be.
Realignment Megathread (All The Moves)
- Thread starter ISUcyclones11
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About $12M annually. They get $20M from the ACC currently and the Big East media deal pays $7.8M to each school.
This feels like a B1G or bust move. If they're still in the B12 in 5 years with this deal in place their entire athletic department will crumble.
The part I found interesting in the story is there is contractual language allowing Utah to unwind the agreement in 5-7 years. Basically, Utah would have to buy out their PE partner.
Sources: University of Utah nearing landmark private equity deal expected to generate $500 million
The new venture would generate a massive amount of money for the school in a groundbreaking move that may pave the way for more schools and conferences to do the same.sports.yahoo.com
Also interesting, is big donors are committed to invest in the PE arrangement to arrive at the $500M. So is this the future where instead of big donors getting a building named after themselves, they are getting a "dividend".
Also the 5-7 year unwind time period lands when the Big 10 & Big12's next TV media deals begin.
Which is funny, because they’re motivated by the fact that BYU’s athletic department did Crumbl.
"Outsourcing" the athletic departments (or even just the football team) has been talked about for a few years now. I am not shocked Utah is trying it, anything to get some advantage so they can run away from BYU.
I didn't read the article, not sure how much detail is in there anyway. I can absolutely see where it might be a great success, and I can see where it might be a total wet fart. Totally depends on how they organize it, who is actually involved in getting stuff done, and the incentives all around.
I didn't read the article, not sure how much detail is in there anyway. I can absolutely see where it might be a great success, and I can see where it might be a total wet fart. Totally depends on how they organize it, who is actually involved in getting stuff done, and the incentives all around.
My guess the Big East would revisit their media deal with current partners if they were somehow able to add ND.
But, how easy would it be for ND to leave the ACC. If I recall, at one time people speculated there was a 2027 date where ACC could implode. But not sure if that changed with the ACCs recent revenue sharing agreement.
If ND could leave the ACC, that would hurt as agreement was beneficial to both sides. And ESPN gained ability to televise 2-3 ND games annually.
As college football and basketball become more professional, do those sports have a place being part of an academic legal entity?
Universities might be happy to spin off some sport teams and receive equity, annual royalty payments, charge for facility leases and not have to worry about:
- Athlete employee status
- Long-term medical costs
- Litigation on medical issues like CTE
- Title IX issues simplified
- Escalating AD costs
Was I supposed know or remember what this is about. Sorry, I dont. Whatever it was must have effected you much more than me.
Cyclonepride
Thought Police
I'm not sure that growing up with a favorite private equity firm is going to hit the same as a favorite schoolSources: University of Utah nearing landmark private equity deal expected to generate $500 million
The new venture would generate a massive amount of money for the school in a groundbreaking move that may pave the way for more schools and conferences to do the same.
On the PE stuff, Fanatics got to a point where they became the de-facto supplier of fan gear for most major American sports. You know what happened?
They got huge. The quality of goods got worse. They’ve made a lot of money. And things got shittier for the customer.
Utah will give up its pound of flesh. The cash is nice, but someone loses because PE always wins.
They got huge. The quality of goods got worse. They’ve made a lot of money. And things got shittier for the customer.
Utah will give up its pound of flesh. The cash is nice, but someone loses because PE always wins.
The thing about conference affiliation is that they like whatever conference they are in to help fill out their schedule. So the Big east won’t really be an option for them unless Notre Dame wanted to schedule all their games themselves.
Notre Dame should not have trouble scheduling any game they want. The ACC deal was about staying independent while parking all their other sports while consistently getting the cover of a manageable schedule from a victory standpoint that would not look like they were trying to soften their schedule too much.
Never change.
Was I supposed know or remember what this is about. Sorry, I dont. Whatever it was must have affected you much more than me.
I mean that as an observation and not what is clearly the most unnecessary advice ever.
Besides, Hellman and Friedman puts on the Hardly Strictly Bluegrass Festival.
How is the second best athletic department in Utah gonna compete with that?
