Realignment Megathread (All The Moves)
- Thread starter ISUcyclones11
- Start date
Supposedly it is because they want at least 8 home games, and having a home and home would not allow this. At least that was Neb AD excuse.
I found one link:
Nebraska schedules 2016-17 series vs. Oregon, moves Tennessee series to 2026-27
Nebraska has scheduled a home-and-home football series vs. Oregon in 2016-17, and has rescheduled its Tennessee series for 2026-27.
fbschedules.com
If the only way for the Big 12 Conference to compete with the SEC and Big 10 is take take on what sounds like credit card debt... We need to have a serious conversation about the medium to large term alignment of our beloved school...
I'd rather compete on a level playing field, below those two leagues than mortgage my athletic fandom future, just to lose in the first round of the CFP!
I'd rather compete on a level playing field, below those two leagues than mortgage my athletic fandom future, just to lose in the first round of the CFP!
Doesn't make sense to me that something relatively guaranteed safe (universities) would be paying CCC rates.
Also, I don't think it makes any sense to just go borrow money from the capital markets for what must be a one-time shock type problem. I have been very open to some kind of capital or equity partner, but just borrowing money makes no sense to me. Why not just issue your own bonds at 5% and appeal to your fanbase? Why not ask the state gov for low (or no) interest loan to pay back over X years?
If you want to tap equity markets you need a partner that has a plan or some kind of useful skill/business model that you can leverage to grow the brand/market. Someone that already owns sports teams/leagues, or owns other media outlets, or a new sportswear brand, or SOMETHING. Just borrowing money makes no sense to me. There's cheaper ways to get cash.
Agreed, I thought schools might just be selling their souls by giving up a certain percentage of rights to the league/media dollars. This just just pure loan shark level stuff.
Plenty of ways to get cheaper amounts of money, plus with how bad schools are at managing finances (looking at you Arizona) how soon till one of these “loans” causes real damage to the school.
Yep, I wonder what fans could fill on a $50M preferred note at 7%?? I know a lot of retirees who'd take 7% with ISU baking the note. Plus Muni debt would give them added tax benefits!
Your conference forced this on ours.
Just sit this one out. With any justice, your wealthy benefactors will be shoving this down your throat soon enough.
Hit the like if you think it's time for the Regents to call the note Barta took out during COVID.
Lets you and me call Yormark. Just give us 5 basis points for the idea.
And tix to the bball tourney every year
Wondering what we could spend all this money on actually. I get that we need money to compete but what else would this money got for at Iowa State. Our stadium is good. Almost everything is good. I don’t get it
Kinda as stupid as Iowa borrowing ahead on the tobacco settlement. No matter what, in the end you have to pay the piper. 15% is a stupid high rate for a state run institution like Iowa State to pay.
Jamie Pollard made an interesting observation on 365 sports last week. He said most pro sports teams lose money and the owners make their money in their equity investment. He said how do college sports do that? And that universities have had to step in big time already to subsidize many programs
Coaching costs and adding scholarships like the P2 will be doing after House
Facilities will also need updating to just maintain the gap with P2
But what we really need is for private capital to change the entire paradigm. When the game is stacked against you, blowing things up is best.
maybe, at the end of the day, it would be better for the big 12, acc, and g5 to have their own college football playoff and remain profitable.
WVU plans to fully fund the house settlement, but at what cost? For the 1st time the university is going to have to subsidize the athletic dept. that's asinine.
the football would still be good in that scenario.
WVU plans to fully fund the house settlement, but at what cost? For the 1st time the university is going to have to subsidize the athletic dept. that's asinine.
the football would still be good in that scenario.
Pro teams lose money on paper. Their valuations increase as a result. In the meantime, those owners use those losses to take tax credits on profits from their other businesses. That’s the value in ownership, taxes. When the time comes to sell the team, they make all those losses back and still get those years of tax breaks.
College athletic departments don’t have that lucrative side job that has a huge tax burden to offset. And, they’re not going to sell the teams later. So running AD’s like a pro sports team doesn’t make sense.
KidSilverhair
Well-Known Member
If pro sports teams are money-losing operations, why do they sell for multiple billions of dollars? Are the people who buy pro sports teams just stupid?
The obvious number one priority for ISU would using PE cash to fully utilize the $20M athlete RevShare cap in the short term.
That’s not accurate at all. Of 174 professional sports teams Forbes reviewed in 2024, 28 were cash flow negative. And 15 of those were from the MLS.
Dallas Cowboys are world's most profitable sports team with income of US$564m - SportsPro
Top 20 generates US$3.9 billion in profit, with NFL franchises averaging US$143 million in operating income.
www.sportspro.com
