Most daring insight yet on Pac12 implosion... Robber Baron Time:
"HOSTILE TAKEOVER of B1G" -- Leland would have!
Stanford just is not thinking big enough...
We have $36 BILLION Endowment as
leverage (not to "spend"). Assets, Balance sheet. Financing. Think.
B1G inked a $1 billion a year media deal last summer ($7 billion over 7 years) to start the cascading domino effect of what we are seeing now.
$MONEY. Schools desperate for cash payouts. Stanford isn't desperate.
And we have LOTS of SMART alums working in Digital Media World. K?
Compared to valuations in Silicon Valley equity and asset values, the B1G Deal is marching band toe jam. C'mon.
Example: Apple's market cap was approaching $3 TRILLION. That's right, $3T. Got it?
Today it posted a downtick on iPhone sales, and got nicked 5% in market cap, down about $180 BILLION, today
-- easily absorbing a loss that would wipe out others.
Are you following the ORDERS OF MAGNITUDE here? Capisce?
Facebook in Menlo Park is worth $800 BILLION. Google now at $1.6 TRILLION -- OK?
These numbers are large, beyond the understanding of most athletic commissioners.
So, Stanford can make a few phone calls -- Just BUY UP the B1G Conf (not the schools) and their scrawny TV deal.
Then... Stanford writes the terms. Home and away splits --
No snow games for the Cardinal. Nov / Dec in Palo Alto, got it?
Midwest moaners? USC / UCLA Traitors... Suck it.
Via Silicon Valley, we write our own NIL athlete channel deals.
Recruiting takes an uptick. C'mon -- Use your NOGGINS!
#NERDNATION
www.espn.com/college-football/story/_/id/34417911/big-ten-completes-7-year-7-billion-media-rights-agreement-fox-cbs-nbc