JRsec
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RE: Finebaum predicts some will form "exit strategy" so they can join the SEC
(02-10-2022 06:27 PM)Frank the Tank Wrote: (02-10-2022 05:37 PM)JRsec Wrote: (02-10-2022 04:30 PM)Frank the Tank Wrote: (02-10-2022 01:49 PM)JRsec Wrote: You just keep thinking like a president Frank while networks continue to surprise you. Conferences are merely dancing for dollars and to whatever tune is played.
As I've explained carefully many times, the SEC likely isn't interested in Clemson. ESPN is interested in the value of Clemson vs an SEC slate as it maximizes Clemson's value for them. Is the SEC interested in UVa or Va Tech and UNC? Sure. But ESPN again will shelter whatever brands they value most in the SEC and will likely buy the B12 rights outright and park economy brands there.
What's moe Frank the B1G is far more vulnerable than many realize. That happens when 72.4% of the B1G's value resides in 6 schools. It means you have 7 holding the top 6 back and 1 at neutral value.
I'm going to enjoy watching this play out for those who perceive themselves to be masters of the world. Only the Big 12 had more power concentrated in fewer schools than the Big 10 and of that 72.4% nearly half of that is Michigan and Ohio State.
Why is a lowballed PAC relatively safe? Aside from geography they, along with the SEC have the most equitable spreading of value. That means they are hard to kill. The ACC would be relatively healthy if not more tightly sharing markets with the B1G and SEC.
So, while the B1G is stable now, as money drives more sports value and as Federal and State revenue shrinks, and as presidents finally grasp the dichotomy of Academic endeavors and pay for play athletics, associations that try to shoehorn academics and athletics under one umbrella will fail because each limits the other and they will discover the importance of separating them and when they do Michigan and Ohio State and likely Penn State will look to maximize sports values by leaving B1G laggards behind, just like Texas and Oklahoma.
But you can keep drinking the Kool-Aid and I bet you Notre Dame wakes up first, not to conference membership but to how their location and natural rivals put Disney in areas of the country where their market dominance isn't as great and for a lot less than B1G money.
You're pulling these value numbers out of thin air.
The whole reason why the Big Ten has been dominating on the revenue front (despite the SEC having much better on-the-field success) is that it is, by far, the LEAST concentrated in terms of value among schools. You can keep on pretending like the Big Ten hasn't been making more revenue than the SEC, but it's not true and it hasn't been the case even with the SEC being at its peak dominance on the field.
Further to that point, some of the least valuable football schools in the Big Ten - my alma mater of Illinois, Northwestern, Rutgers, and Maryland - are still the reasons why New York, Chicago and DC are able to deliver the Big Ten Network for basic cable subscription revenue. Heck, even the combo of Indiana and Purdue deliver the Indianapolis market, which is larger than every SEC TV market outside of Texas, Florida and Georgia. Those are the least valuable schools that have the smallest football fan bases in the conference and yet they are still being a monetized in a way that other conferences haven't been able to do.
Now, does that mean that the Big Ten doesn't have any risks? Of course not. The BTN revenue model is going to change drastically with cord cutting. The Big Ten's demographic footprint isn't growing in the same manner as the footprints of the SEC, ACC and Pac-12. Those are issues that the conference must resolve in the long-term.
However, I think you continue to greatly underestimate the importance of academic associations. It may not be a point of emphasis in the SEC, but it's simply always a core tenet of the Big Ten culture. People might call that outdated, irrelevant for sports and/or anachronistic, but the schools *really* care about it. Michigan and Wisconsin, in particular, are in a totally different stratosphere on that point (even beyond places like Stanford, Duke and Northwestern), so that firmly includes the high "sports value" schools within the Big Ten.
No Frank, the come straight from the percentage of revenue generated and from economic impact evaluations (which correlate) given by the WSJ. And you are wrong about why the B1G commanded higher media value. Per capita wealth of citizens combined with viewership appeals more to advertisers.
As usual Frank you draw only on the data which supports your viewpoint. In a market where actual eyeballs and not just population numbers count, and where wealth demographics can be matched to those eyeballs it is much easier to assess value to each member school much more precisely. And as networks seek to sculpt competition so as to maximize the ad reach of each game it is no accident that actual viewers, assessed by economic demographics, and measured for overall density of actual viewers will impact how realignment is shaped.
You still lag in the conference-oriented footprint mode of thinking circa 2010-2. Times have changed. NIL and Pay for Play shook Texas's world as suddenly they realized that with Oklahoma the represented 56.3% of the value of a 10 member conference. And that people wanted to watch them play and truly wanted to see them play better brands and that lucrative media money could be significantly increased if the did so. What's more they would no longer carry most of the burden. 36.7% of the total B1G value is in Ohio State and Michigan. Then there are 4 more schools which each earn more than 8% of the total. Then Michigan State pulls 6.6% and everyone else lags. Academia is all that holds the B1G together because that is your shared history. Academics already impede improvement of athletic revenue. When players become employees there is no reason Michigan and Ohio State should forego athletic endeavors in order to stay in an academic association as the link between student and athlete will be broken.
I'm sure your academic alliances will hold, and possibly grow. But which athletic association a school has will be a separate matter and schools will act in their own self-interest.
You sir are the one who is bat crap crazy for assuming everything in this rapidly changing world will remain a gestalt. If you could go back pre WWII and look at schools like Fordham, Penn, and others which were stalwarts, and see Vandy as one of the toughest outs in the SEC along with Tulane and Georgia Tech you would grasp how big of a paradigm shift that air travel and TV would bring. 5G and smart technology is about (with changes in law for players rights) usher in the era of the super brands and compensation from media will organize all of it to their advantage, and as schools compete for fewer students exposure will be more important than ever. And Frank that means massive changes for everyone. And brands you thought were bound to others by history and tradition will change again and there will be new Fordhams, Penns, Vanderbilts, Tulanes and Georgia Techs and they will be named Minnesota, Indiana, Purdue, Rutgers, Maryland, Pittsburgh, Boston College, Syracuse, West Virginia, and maybe and more from the PAC and NB12, and even the SEC.
ESPN and other networks will want to organize product by values. The top 10 will still be the top 10 and the next 10 will still be the next 10, and those who can wax and wane relevant quickly will be the next dozen and those will likely play each other regardless of present conference affiliation and the networks will likely pay the in excess of 110 million each per year.
Then the next 24 to 32 will be grouped by value so that in order to get Michigan, Ohio State, Penn State, Texas, Oklahoma, Alabama, Georgia, Texas A&M, Florida, Florida State, Auburn, Tennessee, LSU, Wisconsin, Iowa, USC, UCLA, Oregon and Washington they don't have to overpay everyone else.
And that young man is on its way. Next year? Nah. Next five? Maybe not. Next 10? Most likely. NIL is only going to re-enforce stratification. Athlete employees in a for profit Athletic Department will fully separate athletics from campus academics, or at least severely strain the relationship in practice, and with it maximizing athletic profit will reign. Title IX will likely be funded by for profit athletics as a tax write off. And conferences as we know them will cease as schools play only those which maximize their revenue and magnify their brand, and you will be nuts not to bank on it. College athletics are about to be fully corporatized.
I agree that maybe the footprint model in and of itself isn't going to be outcome determinative in the future (although there's still always an inherently strong correlation between market size and market value, whether it's for TV or recruiting).
However, I simply totally disagree about the separation between athletic associations and academic associations at least at the top levels. That has long been a fan-based wish on forums like this one but it simply won't be true.
Sure, the G5 and midmajor conferences will need to simply take the best sports schools that are available, but it's a totally different ballgame when you get to the P5 level. Even with the SEC, the fact is that the largest reason why Texas refused to join them for decades was because they believed/perceived that the SEC was academically inferior and beneath them. It wasn't until the SEC was able to at least neutralize that issue (where the SEC now has a higher collection of academic schools compared to the Big 12) that they were able to get the UT academic administration on board with the move. The increased money by a UT move to the SEC has *long* been there as an incentive, but the Big 12 had to lose the bulk of its best academic schools (Texas A&M, Colorado, Missouri, Nebraska) before UT could holistically make a move to the SEC.
I guess I just don't see the incongruence between having an academic association that is tied to an athletic association in terms of maximizing revenue. The Big Ten isn't simply trying to get football fans - it's also looking at its cultural and institutional power in the financial centers of NYC and Chicago and the political center of DC within its footprint and their strong ties to places like Silicon Valley and Hollywood outside of their footprint.
You can keep trying to argue that the athletic brands and academic brands should be separate, yet look at the following question: "What's the most academically elite group of colleges in this country?"
The most common answer by FAR is going to be the name of an athletic conference: the Ivy League.
The association between academics and athletics are simply going to be intertwined at the highest levels whether fans want to believe it should be the case or not. For all of this talk about future SEC revenue, the fact remains that the Big Ten is still making the most revenue using this supposedly anachronistic academic/athletic model and it may even still continue to do so with the next TV contract that it will get into place within the next couple of years.
I'm not saying that the SEC approach is wrong for the SEC. It certainly works for them.
However, thinking that the SEC approach is going to simply be replicated and work for the Big Ten (or Pac-12, for that matter), is totally misguided. For example, Michigan has REAL wealth as an institution (not just athletic department wealth) and it's as a result of the fact that it truly and sincerely believes that it's the single best university in the country. (I'm not exaggerating. Watch their pregame football video at the Big House and that's exactly what they state. They sincerely believe that they can beat Harvard at academics as much as they can beat Ohio State at football.)
As a result, I wouldn't underestimate the elitism that inherently exists with the people making these decisions (even if it's supposed to be "only" about sports). Academia has its own version of the CFP rankings and they play a huge part of athletic decisions because they know full well that sports are the proverbial front porch of the university and the athletic association IS the academic association in the minds of the general public. People know what an "Ivy League school" is and they have a good idea of what a "Big Ten school" and an "SEC school" is in their minds - the athletic and academic branding are inextricably linked whether fans want to agree with it or not.
1. The separation will be factual and legal.
2. You're still flailing against the walls of the box your head is in. It's not going to remain the same. And it's the flexibility of the SEC model that landed Texas and Oklahoma. Oklahoma needed it. Yes, the SEC enhanced its academic profile but not at the expense of its athletic profile. Whereas Maryland and Rutgers did impact the Big 10's athletic profile.
It's examples like this which point to the failing nature of the B1G's approach which will only be amplified in an NIL pay for play world.
3. The future will out the result Frank. The once powerful Big 10 now measures success in Volleyball. And when the Boomers have passed do you really believe attitudes in the B1G will embrace their past, or do you think they will adapt to current realities and do what it takes to compete? I'll bet on the latter, as they have precious few memories of big-time athletic success.
The SEC model has been winning for 25 years. Until you change the SEC's success will only continue.
So, your options are exactly as the Alliance suggests. You'll either set up your own competition and quit trying to compete with the SEC, or you will join us in what is coming. It's going to be one or the other because we aren't slowing down for your sake.
A
There is one philosophy which should be embraced here, but sadly isn't. It's Aristotelian in nature. True education is only successful when harmony exists between mind, body, and spirit. Today we ignore the spirit of humanity and argue over the mind and body.
So what have we produced Frank? A generation without social skills, confidence in self and lousy physical development, and with minds skewed in application and abilities.
A strong mind and weak body and weak spirit will be enslaved by the strong and wicked.
A strong spirit with a weak mind and strong body will be duped and used.
A strong mind and a strong body with a weak spirit will be abusive.
Only a strong mind and a strong body with strong spirit will succeed and be fit to lead.
Balance Frank is the secret to all endeavors in life. Education in all areas is deficient in building such leaders. It was this belief that once made the B1G so successful. It has been culturally abandoned. [/color]
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