Leaving money on the table

If this is true, I have no idea what the Big 12 is doing.

Big 12 administrators will be presented with information this week at the league’s spring meetings that expansion could earn the conference at least an additional $1 billion over the length of its remaining TV rights contract, CBS Sports has learned.

If the league expands by four teams, provisions in its contracts with ESPN and Fox provide money for that benchmark. If the expansion is by two teams, the increase would be $500 million.

There is a catch, but it’s not much of one.

Those rightsholders are contractually bound to provide “pro rata” for any new Big 12 members. That is, any new members would be paid an equal share of the current Big 12 members — approximately $23 million per year.

While on its face that doesn’t necessarily help the 10 current members of the Big 12, opening the existing contract would allow for a negotiation beyond that $1 billion figure.

I guess you can see why every mid-major program in the country is falling all over itself to get the Big 12 to notice it.

7 Comments

Filed under Big 12 Football, It's Just Bidness

7 responses to “Leaving money on the table

  1. DC Weez

    Really? Cincinnati, Brigham Young, Houston, Memphis, or other schools are worth a billion?

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    • Dog in Fla

      Sure, a billion easily covers the go-to song rights to (Going Back to) Houston, (Living on) Tulsa (Time) and (Long Distance Information, Give Me) Memphis

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  2. Jared S.

    The Big 12 doesn’t know what they are doing, why should you? Haha.

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  3. DawgPhan

    I think all the conferences not named SEC or Big 10 are realizing that they are playing for 3rd place in the money race and there is basically nothing they can do about it.

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  4. Austin

    Go big or go home. Big 12 has to make a move and a crazy one or it will be dead in the water in a few years. They should go after Miami, Clemson, Florida State, Georgia Tech, Virginia Tech, and Virginia. These are not basketball schools and are SEC caliber schools, with the except of Virginia and Georgia Tech. But the first four of these schools will go into the SEC because of rivals blocking them out, and the last two due to a lack of interest. But IF these six could be lured away it would start the race of filling out the “SUPER Conferences” to 16.

    This would also allow the ACC to simple dissolve with no money being owed to anyone.

    The end result could be…..
    *adding Syracuse and Boston College to The Big 10
    *adding Notre Dame, BYU, Boise State, and San Diego State to the Pac 12
    *adding North Carolina and Duke to the SEC

    The rest of the schools pull what is left of their collective talent and join the American Athletic Conference and form a 16 team conference, but they are not allowed to sit at the BIG boy table anymore.

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