09-08-2023, 04:46 PM
(09-08-2023, 04:25 PM)old spanish trail Wrote:(09-08-2023, 03:10 PM)Goose Wrote: IMO the only "decent" think to do would be for all the schools that are leaving to support the suit and the remaining PAC-12 members. Cal and Stanford were also "victims", but they found a landing spot and left. They shouldn't try to claim any of the PAC-12 "assets". This is partially self-interest. The day could come when the schools that left, particularly Stanford and Cal, want/need to return to a west-coast conference. Having residual good-will rather than rancor may be very useful.
Good for OSU and WSU for filing. Maybe strategy and end result depends on how much $$ they are talking about.
one estimate
Quote:According to the filing, the Pac-12 ended fiscal year 2022 with $42.7 million in total net assets. The conference is estimated to have about $70 million in payments owed to it from NCAA men’s basketball tournament units. Those get paid out over six-year periods.
The Pac-12 Network reported revenue of $117 million and operating expenses of $77 million in 2021-22, according to the filing. The Pac-12 owes Comcast $50 million due to an overpayment to the Pac-12 Network, though the conference had already agreed to have that debt absorbed by the full membership before the eight most recently announced departures.
OSU athletic director Scott Barnes also mentioned the Pac-12’s position as one of five so-called autonomy conferences, which gives it certain voting privileges in NCAA governance and could provide two more years of large revenue shares from the College Football Playoff. It remains to be seen whether a rebuilt Pac-12 would retain A5 — or Power Five, as it is typically referred to — status.
https://komonews.com/sports/osu-wsu-sue-...ton-state-
Eric
"the older we get the better we were"
