(07-28-2021 04:05 PM)CardinalJim Wrote: (07-28-2021 03:59 PM)JRsec Wrote: (07-28-2021 03:44 PM)CardinalJim Wrote: (07-28-2021 03:02 PM)JRsec Wrote: (07-28-2021 02:37 PM)CardinalJim Wrote: I would have to see this challenged in court first. I can’t believe The SEC could ship The ACC two dawg awful programs like UK and Vandy in exchange for Clemson and Florida State and all The ACC can say is thank you. That doesn’t make sense.
Did I say that is how it would work? If the ACC is paid their full contract there are no damages. A GOR protects ESPN from FOX taking their rights. If ESPN would retain full rights no matter what and if the departing party pays exit fees and ESPN sees an opportunity to make a good deal more from those rights elsewhere then all parties are satisfied, which legally is quite different from happy or pleased.
So let's say hypothetically FSU demands out, lobbies ESPN to speak with the SEC to open a pathway. The SEC has not initiated contact. ESPN is the rights holder and they mention FSU's interest. The SEC asks ESPN for a valuation of that addition. ESPN gives one and if the SEC can't make money then it's dead. If the SEC can make money but ESPN can't it's dead. If the SEC can make money and ESPN can make enough money to cover all ACC school's current paychecks and still make money then it is viable. So ESPN then weighs political and relational fallout. If it damages future relations and ESPN is intent on future relations it is dead. But, if ESPN is intent on building a very high dollar conference of 20-24 schools, cutting out 3 contracts for 1 and eliminating 2 prematurely fading networks and its overhead and possibly using part of the affected party to maintain a near 50% stake in the other high content conference then anything is possible because they would merely broker out most of the schools for leverage and increased profits and pay the remainder the contract to those not placed.
I have heard rumors only that this may indeed be in exploration already. The SEC office fielded over 10 inquiries about membership in days following the newsflash on OU and UT. We'll if 8 of them were from the B12 where did the other's come from?
It might not monetarily damage the remaining teams, it would certainly damage their ability to recruit. If an ACC program recruits a kid from Florida and tells him once every two years you’ll be playing Florida State in Tallahassee, how does a program keep that kid when Florida State is no longer in the conference.
There’s a lot more involved in this then just dollar signs and I’m afraid the powers that be are forgetting that.
Well sorry kid ESPN thinks it’s OK that you get to play in the Aluminum Mausoleum in Lexington or in front of 20K in Nashville instead of in Tallahassee or in Death Valley against Clemson. Have fun…
That’s an Apple and Oranges comparison and if you don’t think that’s damaging to ACC programs, I don’t know what to say.
Jim I'm not speaking about what I think are damages. I'm saying legally a monetary value is assigned and that's all courts look at. Every broken relationship in life has damages courts never discuss. It's very sad, but unfortunately reality. Of course the loss of FSU is injurious. Ditto for OU and UT.
I understand your position. I would say however I believe conferences are opening themselves up to class action if they don’t try to rectify some of the injustices that they are causing. I wouldn’t be surprised to see the state attorney generals in Kansas, Iowa, West Virginia bring legal action against ESPN and The SEC for damaging their state universities.
I still see a P4 only with the formation of a new conference where ESPN and FOX mitigate damages by making financially whole the impacted schools and negate anti trust claims with the promotion of the best G5 and include BYU. We'll see.
The impetus of all of this isn't as much greed, though that is there, as it is fear. Top brands are being segregated by networks for profits in a new pay paradigm. So money was dangled after massive COVID losses to coerce this movement when the need was the greatest, let no crisis go unused.
Add to COVID the statistical loss of college footballs largest and wealthiest audience, Boomers, who by 2036 will range in age (if still alive from 90 to 74) and look at a demographic shift of decreased population in college aged young people, most of whom will have, or come from, less wealthy homes, and you can begin to see why academics suddenly have a stampede for more.
Now toss in the fact that outside of BYU all G5 athletic programs are subsidized by taxpayers at minimally 25% of budget, with more at or exceeding 50%, and states are strapped for cash and the National Debt threatens Federal Grants and you can begin to understand why some of the biggest brands are bonding to survive massive cuts which are going to downsize higher ed, eliminate heavily subsidized athletics, and either re-task or umbrella moderate programs within larger state school systems.
It's been underway for a decade, but now states are needing infrastructure, can't really tax more for it so subsidized sports isn't a priority. It's just one of many reasons I believe NIL and stipends are being passed by courts because legislatures lacked the political cover to do this. In the end we'll likely have 60 to 72 schools in an NIL / stipend world playing big time sports and everyone else strict amateur and then only if the programs pay for themselves.
Flying under the radar is the NCAA who used small subsidized programs as an excuse to take from larger programs. This last tourney generated 1.1 billion in revenue. They paid out ~ 305 million land likely banked 80 million in one of their 2 endowments. I can't believe everything the over see cost them the other 720 million.
So "it's not the one thing brother, It's the dismal tide!"