Here's a Pac12 question. They are on the slide, but is this temporary slump or is it a unavoidable decline?
Not that long ago, USC and UCLA were a big deal, and the Pac12 was well regarded, on a par with the other conferences and maybe even above some. They were huge national brands. It's only the past 10ish years that their teams have floundered a bit and their media revenue has lagged.
I tend to think most things are cyclical. What if they get a couple good coaches at USC and UCLA and they start winning again? What if their new commish gets it right and either dumps or fixes the Pac12 network, and revenue rises? Remember Larry Scott was driving their bus into the ditch for a LONG time (11 years).
Honestly as I think about it, if ISU gets into the PAC12, it might be getting in at the bottom - in 10 years time it might be just as strong a conference as any other.
To me the biggest issue for the Pac 12 is most fans are loyal to their conference & regionally first. So if the Pac12 kicks off Oregon vs. USC at 11am CT (ouch for PT viewers), I am still more likely to watch Okie State vs. TCU. Or even a Big 10 game like Northwestern v. Minnesota.
IMO the Pac 12 can fix part of its issues by merging with the Big10 or current Big12. By playing more games against Midwest teams, whether home or road I think Pac12 viewership goes up significantly. I'd watch an Okie State v. Oregon game that kicks off at 9pm CT.
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