Private equity meeting January 20th Atlanta Georgia Yormark is there as is MW, AAC commissioners and Clemson AD, wake forest AD. PE is coming.
Ya no to that noise.
Private equity meeting January 20th Atlanta Georgia Yormark is there as is MW, AAC commissioners and Clemson AD, wake forest AD. PE is coming.
Nice try but here is some simple math for you:Making equal or more with access will make it tough to argue anything was destroyed. This will be executed in a way in which the gap grows, but formally no damages. Arguing extrinsic value damage is going to be difficult politically
They’re intertwined, but lowering the compensation for athletes and putting in guardrails actually mitigates the need for intervention on realignment.
Uncapped spending on athletes with no oversight makes the networks desired realignment quickly lethal.
But with NIL guardrails, compensation caps, and ncaa that can enforce rules, making half the P2 is less of an issue. The old arms race, in which more revenue has diminishing returns, would still exist, but being competitive in player compensation and the reimplementation of transfer rules is tenable future for Big 12 schools
Siding with the ncaa is siding with the big corporation over the employees. Similarly, it’s likely going to be difficult for the minority to get federal intervention that is in favor of small interests. They’ll lean in favor of the big brand, ESPN, Fox etc
So when is all of this going to happen with the duopoly being dismantled?Nice try but here is some simple math for you:
If/when 30 existing P4 schools get relegated, their annual TV revenues drop from around $35M to $10M which is $750M annually in lost gross revenue to those schools and an estimate of $150M/yr in lost athlete revenue sharing opportunities. And that doesn't include the destructive impacts at those 30 schools for funding non-rev sports (and resulting lost opportunities for those athletes), enrollment impacts, ticket revenue impacts, state/local economic impacts, etc. resulting from that financial and competitive relegation. Plenty of evidence already of the short-term and long-term destructive impacts at Wazzu and Oregon St.
That type of destruction certainly doesn't lend itself to Congressional and Judicial favors for the existing ESPN/Fox duopoly and its stranglehold/manipulation on CFB as you naively suggest.
Later on this decade before the B10, B12 and CFP TV deals expire in 2031-32 but the lobbying and groundwork has already started to some extent with the CST and Rudy/Smash initiatives.So when is all of this going to happen with the duopoly being dismantled?
So in like 3-4 years then? And what exactly is going to happen? Are ESPN and FOX going to be broken up, or will the B1G and SEC be forced to include a bunch of current non-members, or will it just be ESPN/FOX being forced to give an equal revenue split between the B1G, SEC, and all the other non-P2 schools/conferences?Later on this decade before the B10, B12 and CFP TV deals expire in 2031-32 but the lobbying and groundwork has already started to some extent with the CST and Rudy/Smash initiatives.
That timing will likely be accelerated if ESPN doesn't pick up the 2027 ACC option by the end of FEB25 and the ACC blows up as a result with potentially 8 ACC schools being relegated in 2027.
I think it's more likely ESPN, Clemson/FSU and the ACC settle on a revised ACC contract that moves GOR expiration from 2036 to 2030-31.
Yeah, the goal is rights aggregation and realignment for all P4 schools and bidding out those rights NFL style (including the CFP) with new deals replacing the existing deals starting in the 2031-32 timeframe. The process and lobbying to achieve that goal has already started as previously posted. And that process gets accelerated if the ACC blows up in 2027.So in like 3-4 years then?
So the B1G and SEC won't necessarily cease to exist, they're just going to have to give an equal share of the pie to everyone else?Yeah, the goal is rights aggregation and realignment for all P4 schools and bidding out those rights NFL style (including the CFP) with new deals replacing the existing deals starting in the 2031-32 timeframe. The process and lobbying to achieve that goal has already started as previously posted. And that process gets accelerated if the ACC blows up in 2027.
I just don't see it happening.Yeah, the goal is rights aggregation and realignment for all P4 schools and bidding out those rights NFL style (including the CFP) with new deals replacing the existing deals starting in the 2031-32 timeframe. The process and lobbying to achieve that goal has already started as previously posted. And that process gets accelerated if the ACC blows up in 2027.
just think about baseball?I’m a little nervous. I’ve never done it NFL style before.
Nice try but here is some simple math for you:
If/when 30 existing P4 schools get relegated, their annual TV revenues drop from around $35M to $10M which is $750M annually in lost gross revenue to those schools and an estimate of $150M/yr in lost athlete revenue sharing opportunities. And that doesn't include the destructive impacts at those 30 schools for funding non-rev sports (and resulting lost opportunities for those athletes), enrollment impacts, ticket revenue impacts, state/local economic impacts, etc. resulting from that financial and competitive relegation. Plenty of evidence already of the short-term and long-term destructive impacts at Wazzu and Oregon St.
That type of destruction certainly doesn't lend itself to Congressional and Judicial favors for the existing ESPN/Fox duopoly and its stranglehold/manipulation on CFB as you naively suggest.
He’s conflating two things. Federal intervention in realignment, and college athletics being vulnerable to a PE or a similar takeoverSo in like 3-4 years then? And what exactly is going to happen? Are ESPN and FOX going to be broken up, or will the B1G and SEC be forced to include a bunch of current non-members, or will it just be ESPN/FOX being forced to give an equal revenue split between the B1G, SEC, and all the other non-P2 schools/conferences?
Yes, NIL guardrails, rev sharing, and preventing athletes from becoming employees are topics for Fed intervention but if 25-30 schools get financially destroyed by relegation due to ESPN/Fox manipulation, that has major negative implications on NIL and REV Sharing opportunities at those impacted schools. It goes hand in hand.
Inviting PE into college sports is just inviting the wolf inside. They ruin everything they touch as a sole goal is profit. This is the NFL’s goal, it’s not the goal of a University.He’s conflating two things. Federal intervention in realignment, and college athletics being vulnerable to a PE or a takeover
The latter is much more likely
If a single entity aggregated enough rights, they could pull in others that otherwise wouldn’t want to disrupt current setup.
As I think Fluguar alluded, some think that’s going after and combining the P2 brands first. I mean, if a SEC power jumped to BIG, or if espn made a run at adding top BIG, it would quickly result in a P1 that can rewrite everything.
That’s very attractive to PE and shareholders, particularly as CBA or spending caps are implemented, as then a lot of rich people get more rich by carving out a nice profit- which is generally good for getting political
I personally think it’s more likely to occur by initially going after the disgruntled. Offering top of Big 12, ACC, and even disgruntled P2 a large amount in next deal, plus top basketball only (getting control of CBB postseason is a leverage point)
The need to keep up in the coming era of paying athletes is being used as a lever in getting schools to move, so NIL intervention would impact this, no doubt in part why the NCAA is lobbying so hard for it. They’re done without it
But imo it’s too late, and as mentioned, a player compensation caps really increase the ability for investors to monetize from college athletics restructuring
The NFL opening up PE is interesting. First it will be about things like stadiums, but not implausible it impacts college athletics
I just don't see it happening.
Would the entire FBS be better off aggregating media rights? Of course, by a lot.
But the elite (i.e. the P2, Fox, ESPN) have all the money and power as is. The P2 would get more money but less advantage/power. The media buyers would be out a ton of money and lose big time! So all of them have approximately zero interest in changing the status quo.
You think government is going to come in on the side of the smaller schools to force things back to the way they were in 1980? A ton of money will come in on both sides (PE probably for the little guys), but the current elite will spend more to protect what they have. And the NCAA will provide cover "for the good of the athletes" nevermind they should be representing the majority of the schools, not just the elite. The government will go do what the money wants them to do in a case like this. You will hear arguments like "maybe not every school SHOULD have football, they should focus on academics". There's a lot of Gordon P. Eatons in government.
So you have to convince the SEC and B1G that it is in their long term best interests to let go of their current competitive advantage. That's a hard argument to make to people swimming in Scrooge McDucks olympic sized money filled pool.
I think it is more likely that the Top 20 break away to do their own thing, and then the leftovers might be able/willing to aggregate their rights. You'd just have 2 leagues. I have posted that concept before in this ulysses of a thread.
Inviting PE into college sports is just inviting the wolf inside. They ruin everything they touch as a sole goal is profit. This is the NFL’s goal, it’s not the goal of a University.
So go back to the way it was before the NCAA v. Board of Regents of the University of Oklahoma case and those cases involved with it and the CFA?Yeah, the goal is rights aggregation and realignment for all P4 schools and bidding out those rights NFL style (including the CFP) with new deals replacing the existing deals starting in the 2031-32 timeframe. The process and lobbying to achieve that goal has already started as previously posted. And that process gets accelerated if the ACC blows up in 2027.
Yeah, the B10 and SEC would continue to exist but preferably down to their core 10 members to eliminate the absurdity of Rutgers being in the same conference as USC solely for the benefit of Fox.So the B1G and SEC won't necessarily cease to exist, they're just going to have to give an equal share of the pie to everyone else?
And I'm starting to think there should be a drinking game for every time you type "aggregation" and "NFL style."
Have already clearly explained in a prior post the financial destruction of having 25-30 existing P4 schools being relegated including ISU. The probability of that destruction clearly warrants Congressional and Judicial intervention in conjunction with NIL guardrails, etc.I just don't see it happening.
Would the entire FBS be better off aggregating media rights? Of course, by a lot.
But the elite (i.e. the P2, Fox, ESPN) have all the money and power as is. The P2 would get more money but less advantage/power. The media buyers would be out a ton of money and lose big time! So all of them have approximately zero interest in changing the status quo.
You think government is going to come in on the side of the smaller schools to force things back to the way they were in 1980? A ton of money will come in on both sides (PE probably for the little guys), but the current elite will spend more to protect what they have. And the NCAA will provide cover "for the good of the athletes" nevermind they should be representing the majority of the schools, not just the elite. The government will go do what the money wants them to do in a case like this. You will hear arguments like "maybe not every school SHOULD have football, they should focus on academics". There's a lot of Gordon P. Eatons in government.
So you have to convince the SEC and B1G that it is in their long term best interests to let go of their current competitive advantage. That's a hard argument to make to people swimming in Scrooge McDucks olympic sized money filled pool.
I think it is more likely that the Top 20 break away to do their own thing, and then the leftovers might be able/willing to aggregate their rights. You'd just have 2 leagues. I have posted that concept before in this ulysses of a thread.
So the feds will make the B1G give the boot to Penn St., Nebraska, USC, Oregon, etc., and bring back the University of Chicago?Yeah, the B10 and SEC would continue to exist but preferably down to their core 10 members to eliminate the absurdity of Rutgers being in the same conference as USC solely for the benefit of Fox.
And both CST and Rudy/Smash propose an element of unequal revenue sharing based on TV ratings so those ten B10 and ten SEC schools would all likely make more money than they do now with rights aggregation and NFL style bidding of those rights and also make more money than the other 50 existing P4 schools.
So take a drink Gonzo boy.