(04-13-2014 10:25 AM)Wedge Wrote: (04-12-2014 07:55 PM)HawaiiMongoose Wrote: I have no worries about the P5 choosing "to only play games amongst themselves in the future." If that happened they would all have to play half of their games on the road, rather than playing seven or eight at home every season. And half of the P5 schools would end up with losing seasons every year and miss out on bowl games. Their fans would riot at the very prospect. Will never happen.
This isn't the near future, for those reasons.
But it might be the long-term future, if the Kessler lawsuit or some other event leads to CFB players receiving genuine compensation and not just scholarships that don't lead to degrees for star players (and a very large percentage of other FBS football players). If there is just one component of the current rules that 90% of the G5 must have to stay in the FBS club, it is the current shamateur status of CFB players, the rules that fix their above-the-table compensation at zero dollars.
Can the fans of the Tide and Ducks and Buckeyes and Horns adjust to a world in which 10-2 is outstanding, 8-4 might squeeze into a larger playoff system, and an off year will mean 6-6 instead of 9-3? I think they could learn to live without the Buffalo Wild Wings Bowl, the Outback Bowl, etc. And (as noted above in this thread) the Big Boys' season-ticket holders would definitely prefer paying for six good home games to paying for 4 or 5 good games plus 2 or 3 blah matchups.
Fans of the Dallas Cowboys don't riot when their team is 8-8 every year, and for some reason they don't stop putting money in Jerry Jones' bank accounts. The change would definitely be a big adjustment for the t-shirt bandwagon fans of the traditional CFB powers, but over time it would work out.
CFB is in a different business than NFL.
The NFL is in the business of selling television content, merchandise, tickets and premium entertainment experience (ie the luxury box).
The NFL shares equally or near equally three of those streams. Owners aren't worried that much if a team isn't selling out unless it impacts TV. The NFL owner is profit driven. Maybe not season to season but at least anticipates a large capital gain upon sale. A gain artificially fueled by supply constraint (ie. there is a relocation premium in each sale, paying it to move a team or to stave off the relocation buyer).
TV is the largest revenue source and merchandise I've seen reports that indicate it has passed ticket sales as a revenue source.
The NFL hands a sop to the fan of the poor performing squad, premium selection rights for new talent and the knowledge that your better performing rival will not outspend you. The NFL will also adjust your schedule to make it easier to find success.
CFB is primarily in the business of selling tickets and soliciting donations and sponsorships. Only at the weaker end of each P5 league do you see conference revenue representing about 50% of revenue and that conference revenue is a mix of TV, CFP/BCS distribution, NCAA distribution, conference sponsorship agreements, and revenue from league championship events.
At the upper end of the P5 leagues that conference revenue represents around 30% of revenue.
Successful revenue generation in the P5 (and FBS and Division I in general) is centered not on television revenue but ticket sales, sponsorships and donations.
The CFB is not profit driven. Even the richest programs routinely dip into university operating funds to allow them to spend competitively against rivals. There is neither an annual profit motive nor a long-term capital value growth motive.
The fan of the unsuccessful program understands that a lack of success makes it more difficult to attract top talent (conversely of the NFL where failure provides better access to rookie talent). There is no overseeing body that acts to make sure the next year schedule is easier.
For schools demand for tickets and interest in donating are not just the prime source of revenue, they are revenue sources that respond to success or failure on the field in a fairly quick way. The value of sponsorship in large part rests on attendance.
The economic model of CFB dictates that schools should schedule in a manner that provides teams with as many credible victories as possible and it is apparent that splitting the schedule 7 home and 5 away is considered ideal. Anecdotal evidence indicates that fans discern a difference between P5 and G5 and reflect that with more no-shows and reduced sales and likewise a difference between G5 and FCS and reflect that in attendance as well.
Because of these differences, it is not in financial interest of P5 as a whole to schedule exclusively within the group. Doing so would require a move to more 6 home 6 away scheduling. Losing a home game results in about a 14% drop in ticket inventory. There would be a reduction in sponsorship value with fewer games in the venue. It would create a degree of political pressure as the local community loses a weekend of full hotel occupancy and full restaurants and shops. A reduction in win percentages reduces the number of programs with a happy or satisfied fan base.
Playing completely within the P5 group is not impossible but would require dramatically changing the economy of CFB with some pretty serious shocks to the system.