Realignment Megathread (All The Moves)

SCNCY

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Sure, and they could very well win the financial assets the pac12 has. That doesn’t really change anything for those two schools, just buys them essentially an extra year of financial stability.

What are the PAC assets worth?
 

FriendlySpartan

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What are the PAC assets worth?
The article talked about part of the Pac12 network, naming rights, current assets held by the conference, saw 47mil as the number in the article but don’t know if that’s the entirety. Certainly they would get more from bowl and NCAA tournament
 

cykadelic2

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Sure, and they could very well win the financial assets the pac12 has. That doesn’t really change anything for those two schools, just buys them essentially an extra year of financial stability.
This isn't the only lawsuit to be filed by ORSt and Wazzu. They will also file one against ORWA, Fox and the B10 for those four parties pulling the plug at the last minute on the PAC when the 9 remaining PAC schools were ready to sign the Apple deal on the morning of August 4th. That one will get likely get settled with ORSt and Wazzu getting a cut of ORWA's B10 TV checks in similar fashion to Cal getting a cut of UCLA's.
 
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SCNCY

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This isn't the only lawsuit to be filed by ORSt and Wazzu. They will also file one against ORWA, Fox and the B10 for those four parties pulling the plug at the last minute on the PAC when the 9 remaining PAC schools were ready to sign the Apple deal on the morning of August 4th. That one will get likely get settled with ORSt and Wazzu getting a cut of ORWA's B10 TV checks in similar fashion to Cal getting a cut of UCLA's.

I don’t see that going anywhere. There is no standing. Just because everyone agrees that they were going to sign and then change at the last minute means nothing. Nothing is done until you sign on the dotted line.

Additionally, their GOR is ending at the end of this athletic year, so everyone was free to do what they wish after this year, which is what is happening. They’ve all fulfilled their obligations to the GOR.
 

cykadelic2

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I don’t see that going anywhere. There is no standing. Just because everyone agrees that they were going to sign and then change at the last minute means nothing. Nothing is done until you sign on the dotted line.

Additionally, their GOR is ending at the end of this athletic year, so everyone was free to do what they wish after this year, which is what is happening. They’ve all fulfilled their obligations to the GOR.
The actions of ORWA, B10 and Fox will financially devastate ORSt and Wazzu and that impact will extend beyond athletics. This is an obvious basis for a lawsuit and damages paid. Same deal with Cal and UCLA although no legal filing was required there.
 
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FriendlySpartan

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The actions of ORWA, B10 and Fox will financially devastate ORSt and Wazzu and that impact will extend beyond athletics. This is an obvious basis for a lawsuit and damages paid. Same deal with Cal and UCLA although no legal filing was required there.
No it’s not, also you have no idea that they are going to file an additional lawsuit, you’re legit basing this on your own opinion, nothing to do with a legal argument.
 
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Gorm

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This isn't the only lawsuit to be filed by ORSt and Wazzu. They will also file one against ORWA, Fox and the B10 for those four parties pulling the plug at the last minute on the PAC when the 9 remaining PAC schools were ready to sign the Apple deal on the morning of August 4th. That one will get likely get settled with ORSt and Wazzu getting a cut of ORWA's B10 TV checks in similar fashion to Cal getting a cut of UCLA's.

So, the Oregon Regents are going to authorize Oregon State to sue...Oregon?

LOL
 

Clonefan94

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I don’t see that going anywhere. There is no standing. Just because everyone agrees that they were going to sign and then change at the last minute means nothing. Nothing is done until you sign on the dotted line.

Additionally, their GOR is ending at the end of this athletic year, so everyone was free to do what they wish after this year, which is what is happening. They’ve all fulfilled their obligations to the GOR.
The bolded is the big one imo (I'm not a lawyer). I had a discussion with a Big 10 guy the other day, of course he was going on about "How can you justify destroying the PAC after what Texas and OU did to the Big 12?" My response was simple, the Big 12 still had multiple years on their GOR, OuT's and ESPN's goal was to dissolve the Big 12 and immediately and get out with no repercussions.

The PAC was a completely different situation. I'm not saying the TV people didn't have a big hand in it, but there was no real deal on the table for actual TV. With the contract ending, all the Big 12 did was offer a lifeline with a real TV deal.

Of course, I did ask him, and got no response, "What do you think would have happened to the PAC if the Big 10 wouldn't have swooped in and stole USC and UCLA from the PAC?
 

SolterraCyclone

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If I’m OSU/WSU I’m fighting tooth and nail to prevent a board meeting being called right now.

The other P12 schools are trying to call a board vote to dissolve the conference so assets are distributed evenly amongst all 12 schools. All this realignment has been devastating for WSU/OSU. The fact the other P12 schools would do that to them is pure evil
 

exCyDing

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This isn't the only lawsuit to be filed by ORSt and Wazzu. They will also file one against ORWA, Fox and the B10 for those four parties pulling the plug at the last minute on the PAC when the 9 remaining PAC schools were ready to sign the Apple deal on the morning of August 4th. That one will get likely get settled with ORSt and Wazzu getting a cut of ORWA's B10 TV checks in similar fashion to Cal getting a cut of UCLA's.
The actions of ORWA, B10 and Fox will financially devastate ORSt and Wazzu and that impact will extend beyond athletics. This is an obvious basis for a lawsuit and damages paid. Same deal with Cal and UCLA although no legal filing was required there.
Yeah, that's not going to happen. An agreement in principle isn't a signed deal. Deals fall apart at the last minute all the time for a wide range of reasons. This is just another one.

As far as everything else, there's no legal basis for OR St or WA St to sue. All the other schools were free agents after the end of their current deal, and nobody's leaving before that's up. The networks don't have any obligation to offer a deal. The B10, B12 and ACC were all talking to schools for after their current deal was up. WA St and OR St could potentially get their BORs to make WA and OR give them cuts of the B10 money, but that's an internal decision.
 
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SolterraCyclone

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Yeah, that's not going to happen. An agreement in principle isn't a signed deal. Deals fall apart at the last minute all the time for a wide range of reasons. This is just another one.

As far as everything else, there's no legal basis for OR St or WA St to sue. All the other schools were free agents after the end of their current deal, and nobody's leaving before that's up. The networks don't have any obligation to offer a deal. The B10, B12 and ACC were all talking to schools for after their current deal was up. WA St and OR St could potentially get their BORs to make WA and OR give them cuts of the B10 money, but that's an internal decision.
Just to clarify, WSU/OSU aren’t suing the conference or anyone with this legal action. I don’t know why it’s being portrayed that way, or why Canzano said they were (other than he’s an idiot)

They are seeking a temporary restraining order to prevent Kliavkoff and the other P12 institutions from calling a board meeting. They are concerned a board meeting would yield a vote to dissolve the conference and result in distribution of the conference assets evenly across all 12 schools.

What those two are hoping and fighting for (as they rightfully should) is full control of the conference board. So, those assets are only distributed WSU/OSU, as they haven’t withdrawn from the conference. Honestly those assets are a necessary, short-term lifeline for those schools, as they looking at a 50-70% reduction in annual media revenue moving forward
 

cykadelic2

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So, the Oregon Regents are going to authorize Oregon State to sue...Oregon?

LOL
As suggested earlier, this probably won't get to lawsuit stage but the OR Regents will have a vested interest to keep the OSU AD financially viable without increasing student activity fees or other fees. There is likelihood that the OR Regents will authorize a cut of U-Dub's B10 checks be diverted to OSU like the State of CA did with UCLA and Cal.
 
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FriendlySpartan

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As suggested earlier, this probably won't get to lawsuit stage but the OR Regents will have a vested interest to keep the OSU AD financially viable without increasing student activity fees or other fees. There is likelihood that the OR Regents will authorize a cut of U-Dub's B10 checks be diverted to OSU like the State of CA did with UCLA and Cal.
Oregon isn’t getting a full share though…also the Cal thing is kinda not happening anymore
 

Yellow Snow

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Statement from Oregon State President...