(12-23-2021 04:48 PM)billybobby777 Wrote: (12-23-2021 02:17 PM)otown Wrote: (12-23-2021 01:56 PM)Attackcoog Wrote: (12-23-2021 12:15 PM)Pirate Rep Wrote: (12-23-2021 11:58 AM)Attackcoog Wrote: Again—-even if they wait until 2025—it’s still going to cost between 70 and 80 million for Oklahoma to exit from the Big12. UT will be on the hook for the same amount. If they want out earlier, then they will have the additional cost of the GOR buyout. I don’t see a painless way out of this for UT/OU regardless of how long they wait.
Yes, but as they continue to wait as a strategy they weaken future viability of the Big12 which may pressure them into caving to move forward. They know they'll be fine and their future is secure thus time is on their side. The Big12 is the only one dealing with uncertainty prohibiting them from knowing their financial future. That makes membership nervous and you know they are looking an out.
Not true at all. The new teams are coming in 2023 regardless of what UT/OU do. So the Big12 gets to begin building its new membership while UT and OU remain in the conference---continuing to provide it with blue blood legitimacy. As long as they are there---neither the current TV deal or their P5 status is even remotely going to be challenged. The Big12 has absolutely no reason to negotiate on the 70 to 80 million dollar EACH exit fee---whether they get it in 2022 or 2025---it doesnt really matter much---they are going to get it. If they get it in 2022---that means the B12 remains are looking at reduced earnings from 2022 to 2025---so they actually could net LESS (depends on how the GOR settlement plays out). If UT/OU stay until 2025----then the Big12 members get their full TV deal payouts from 2022 to 2025 AND a 70-80 million dollar exit fee from UT and a 70-80 million dollar exit fee from OU. Thats the route with the least risk and a big guaranteed payday.
If you are under the impression UT/OU have negotiating leverage---you couldnt be more wrong. They HAD tremendous leverage over their B12 peers----right up until the day they signed with the SEC. At that point, the leverage shifted entirely to the Big12.
I think there is a lot of wish casting by those left behind in the AAC.
Except Attack is a Houston fan. His team isn’t left behind in the AAC.
With all due respect to Coog, your a great guy and add a lot of quality content to this board. I enjoy your post.
The clock is not the Big 12 friend in no way shape or form. Sure they can win a battle and collect some big money, but who in the end wins the war?
UT/OU have financial capacity way beyond the league members which they leave. This has been waited on for years and everyone knew it was going to happen. Do you think they have a strategy? The two institutions combined necessitated the Big12 to P5. They leave. That hurts.
The SEC has the SEC TV and UT is contractually owed $300M on their remaining contract for LHN. Will the SEC allow UT to have it's own network? Do you think they could negotiate a buy out to pay the Big 12 via ESPN? Why do you think that hasn't happened yet? Are media rights being discussed with other conferences that include current and future Big 12 members? Have those prospective members reached out?
There are plenty of minefields left to navigate that does not put the Big12 in a position of strength. So they will get paid something, but that cannot sustain current members over the long term and new members will get nothing.
Truth be known the Big 12 can be crushed into oblivion if the powers that be want to. Is that likely, I doubt it.
I'm just watching the chess match that in the end is controlled by forces we will never know the real answers, but time is definitely not on the Big 12's side.