philly1121 said:
tequila4kapp said:
sosheezy said:
philly1121 said:
Econ141 said:
Why should FSU or anyone (including Oregon and Washington) demand that they get unequal revenue share?
I agree with unequal revenue share but do it based on meritocracy (1st place team gets X%, second place Y% so on) not simply because you think you're so great. You could add other factors to the formula, for example a multiplier if you are in the largest media market for the group in question etc but certainly reward for on the field performance.
Because we had kid ourselves for years that our equal revenue sharing of the P12 was democratic and would benefit all the teams in the conference. USC never saw it that way. They felt, rightfully, that they brought most of the value to the conference - even though they weren't winning. And we all know what happened.
I think FSU's thought process is the same. They may not be winning, but they've built a brand. And the brand adds value. Oregon is a bigger brand because of winning and Nike. Washington is a bigger brand because of their tradition and of recent wins. Utah is building their brand now. Or at least trying to.
The play for FSU is to get a greater share of the pie. To renegotiate the deal. Do they have the money for a buyout? Of course they do. The Seminole Tribe of Florida can simply donate that money to the school. But if the revenue share doesn't work out, the play for FSU isn't the SEC. Its the Big10.
Equal revenue sharing of media rights is the standard of the last 15-20 years. The only exceptions were in the Big 12 after the Pac 12's attempts to poach UT and OU and they left for greener pastures anyway. Why do we think USC wouldn't have done the same. It fosters discontent. How long should a brand be valued past its highwater mark? Should market be calculated? Should UCLA have been paid more purely because they were in LA vs their success or brand?
Now unequal share of post-season revenue based on participation for football and basketball, that makes a ton of sense and I would expect that is a part of any deal the Pac 12 would sign to keep schools together.
Exactly. Sooners and Longhorns laugh at the idea that USC would have stayed if we had just given them their 'fair share'...that is an absurdity.
And we trust the Sooner and Longhorn position...when? why?
There must have been something that led them to leave. Perhaps they asked for more and were told no? They're getting the last laugh now because they seem to have been worth something. Our value as a conference seems to be cratering.
In a sport that is driven by TV revenues having only 1 time slot that TV finds attractive (late window) in any way is not good. The other conferences have the better slots and have fans that watch. So for now streaming seems to be the only method to try and get the biggest revenue deal. But will suffer with distribution and exposure. The P12 is already there.
The only real solution for the P12 is to merge with another conference (ACC or Big 12) or have various programs splinter off into whatever conference they can find a home. Not every program would likely land in a P5 program. But adding SDSU and SMU is not a good solution. The conference IMO is on life support as a stand alone conference. They may find some deal that keeps everyone together for the near term (that is what they hope) but the end is in sight IMO.
Unequal shares of the revenues may be necessary to keep UO and UW in house for now, but at what cost to the rest? College football needs to be more like the NFL in regards to revenue sharing. But won't happen in this world of P5 and G5 with multiple conferences. In the NFL every team has a realistic chance of success. It comes down to management more than anything. But in college there is wide disparity in revenues. Big differences in admissions, academic profiles, history etc that create a very unlevel playing field.
It is harder to cheat in the NFL where salary caps, drafts and roster size give every program a shot at success. In college cheating is rampant and nobody seems to want to go after the cheaters. After all the cheating programs win and TV loves winners.
College football needs a reset. This model with multiple conferences receiving widely different revenues has created a haves vs have not game. Now suddenly Rutgers is a have in terms of revenue simply because they are in a conference that has brokered a great TV deal. Certainly not because they are good at the revenue sports. Same with Vanderbilt in the SEC. They are one of the poorest football programs around in terms of on field results. But they are made whole by conference affiliation rather than performance.
The value of the P12 is only what somebody (TV) will pay for it. As we are seeing that number is low. The B1G and SEC took most of the money and time slots. It is what it is. The P12 is essentially negotiating against itself. So the deal almost certainly will be low. Lower than the Big 12? Maybe. Probably. The P12 is on life support and the biggest reason is not poor management (although it has been run poorly) it is being located in the western time zone. That is the worst time zone for TV. Too many options around the country to show games in the best time zones and a population base that is lower and less interested in college sports to begin with.
The west is IMO the best place to live. But not great if you are trying to forge a high revenue TV deal. Can't get a great TV deal for the P12. Oh well no matter. Many will be wine tasting, sailing, watching their kids activities, going to the beach, mountains or lakes anyway. Too much to do out west and not good enough ball to get folks in the stadiums or in front of their TVs.
TV is spending their dollars where it has the best chance of a return. That is not in the west. No matter how much we scream market size or some other factor. The ratings are clear. The attendance figures are clear. There is just not enough interest for some network or streamer to come in and pay the P12 anywhere near what it will take to keep up with the B1G or SEC. Merging or getting added to another conference is the best bet if you are trying to compete for revenues.