They're not. That's the thing.Don't a lot of these potential benefits hinge on the Big 12 being the only conference to get into bed with PE? As soon as the B1G or SEC follows suit - and they can afford to sit back for a year or two and learn from our inevitable mistakes as a first mover - the financial advantage they have over us returns.
How can the Big 12's media rights be so vastly undervalued when they were just renegotiated?
They're not. That's the thing.
Yormark is out, as he should be, running with that narrative but the market literally just told you what you were worth.
Maybe you get a slight bump by separating basketball but we all know where college basketball really falls in the sports pecking order. I think he envisions that bump by doing what the Big East just did and selling a bunch of smaller packages to more networks like the Big Ten did with football.
I mean how many millions of people are on that site...just saying.
Not sure what to think either. Having a company that manages $200B owning 20% could help stabilize the league or they could be the downfall depending on their actual intentions.
While I completely agree with this, I believe this situation may be unique. BY has proven to be an out-of-the-box thinker/doer. I suspect more stadium/field branding type stuff, offsetting any advertising costs paid directly to the media. I also suspect a 'rights' to things like 'Olympic Sports' and what not, which can then be marketed to outside media. I'm sure we can put our heads together and come up with all kinds of stuff these folks can make money on.
On the one hand, I really don’t want that to happen because that would kill my interest in college sports. If I’m going to watch a pro team, why on earth would I watch Iowa State or Wisconsin? Especially when that point I would also have no connection to either team.It's time to disengage college sports from the school.
It's a business. Sell access to the IP and set up oversight to ensure the sports entity doesn't embarrass the school.
Then have the schools step aside. This is professional sports. Treat it that way.
That was great to see and it was entertaining to see what new protests they would come up with each week. My favorites were the model plane they smuggled in that was flying around the stadium and the remote controlled car with smoke bombs on the back.A very similar proposal (also including CVC) happened in German soccer this year. Fans were adamantly against it, to the point of purposely stopping/delaying games by throwing chocolate coins and tennis balls onto the field (among many other protests). Fan pressure eventually got the clubs/leagues to cave and not go through with it.
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Bundesliga scraps €1bn private investment plans amid fan pressure - SportsPro
The league was prepared to sell an 8 per cent stake in its media rights business to private equity firm CVC Capital Partners.www.sportspromedia.com
Counting down the days until "PornHub Big XXX Conference"
So bizarre, what are these people thinking???I, too, would insist on keeping the '12' in the name of my 16 team conference that is desperate to keep expanding.
That was great to see and it was entertaining to see what new protests they would come up with each week. My favorites were the model plane they smuggled in that was flying around the stadium and the remote controlled car with smoke bombs on the back.
I think a problem is that in the United States our fan bases are just not coordinated enough to do that.
More like not together enough. Fans here are selfish and don't care about anything unless it's their team being impacted. I mean we have fans openly taking joy in programs being relegated. Hoping for it actually. The reasons the European's can pull this off is A) They really give a **** about their sport as a whole and B) the big dogs (blue bloods) understand how important it is to have all of these smaller programs to keep the fabric of the sport intact.I don’t see this being a good thing, no way do I want private equity involved in sports.
On the one hand, I really don’t want that to happen because that would kill my interest in college sports. If I’m going to watch a pro team, why on earth would I watch Iowa State or Wisconsin? Especially when that point I would also have no connection to either team.
On the other hand, this “death by 1000 cuts” is exhausting and doing that would rip the bandaid off.
That was great to see and it was entertaining to see what new protests they would come up with each week. My favorites were the model plane they smuggled in that was flying around the stadium and the remote controlled car with smoke bombs on the back.
I think a problem is that in the United States our fan bases are just not coordinated enough to do that.
I, too, would insist on keeping the '12' in the name of my 16 team conference that is desperate to keep expanding.