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YOUR BALANCE
Big 12 votes to accept Colorado as a member.
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Big 12 votes to accept Colorado as a member.

5

Jul 27, 2023, 7:47 AM

Link below.

Here's the way the courtship went. Colorado and Big 12 have been talking for months. It reached the point where the guys doing the negotiating, both side, came to an agreement in principle on the details. Now they have to take these steps:

1. Colorado Board of Regents met yesterday. Question on the table was, "If the Big 12 says they will accept our application for membership will we apply?" Answer, "Yes."

2. Big 12 University presidents met last night. Question on the table was, "If Colorado applies to join us will we accept?" Answer, "Yes."

3. Colorado board of regents will meet this afternoon. Question on the table is, "Big 12 has agreed to accept us as a member if we apply. Should we apply?" Answer will be, "Yes."

*******
...the Big 12's university presidents Wednesday night voted unanimously to approve membership for Colorado should it formally apply, sources close to the process tell to CBS Sports' Dennis Dodd.

A second Colorado Board of Regents meeting is scheduled for Thursday at 5 p.m. ET, and it's possible that CU submits an official application to join the Big 12 following that meeting should the regents vote to depart the Pac-12.
**********

https://www.cbssports.com/college-football/news/colorado-returning-to-big-12-league-presidents-approve-membership-as-buffaloes-consider-leaving-pac-12/



Message was edited by: bretfsu®


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Re: Big 12 votes to accept Colorado as a member.

1

Jul 27, 2023, 9:38 AM

There is one interesting aspect of the B12 adding teams. Recently they have added Colorado, Central Florida, Cincinnati, BYU and Houston. None of these teams would be considered premier programs (not bad but not elite). I have always heard the ACC cannot add programs as ESPN would not pay additional money for an average program so the per school media payout would be less by adding programs (fixed total divided by more schools). So the question is ESPN paying more to the B12 based on the additional schools or is each member school willing to accept a smaller payout? Were the talking points used by the ACC just BS to keep the fans from rioting?

Something does not add up...

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Re: Big 12 votes to accept Colorado as a member.

2

Jul 27, 2023, 9:46 AM

Nope. I read any new opponents they add will get the same share as the others. The new money from ESPN and Fox post UT/OU is around 31.7 million per team probably less than the ACC will make in upcoming years.

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Re: Big 12 votes to accept Colorado as a member.


Jul 27, 2023, 9:52 AM

I guess this kind of tells you how aweful the PAC’s new media negotiations are going for Colorado to jump to a 31 million/yr payout in the Big12.

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Re: Big 12 votes to accept Colorado as a member.


Jul 27, 2023, 10:01 AM

The Big 12 has no network. They are lucky they were able to secure both partners without UT/OU both ESPN and Fox or they would probably get even less with just one. I would like to know what the split of the 31 million is between those two.

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60% ESPN / 40% Fox....


Jul 27, 2023, 10:15 AM

https://www.espn.com/college-football/story/_/id/34910144/big-12-nears-six-year-228b-tv-extension-deal-espn-fox

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also, the ACC can add teams and go back to ESPN for more $


Jul 27, 2023, 9:58 AM [ in reply to Re: Big 12 votes to accept Colorado as a member. ]

but it has to be 2 teams. The problem has been there are no 2 teams to increase value. ND is one that would by making them a football member but any advantage there is canceled out by any other team that is available. I do think the ACC took a look at SMU in the last 1-2 years, maybe some others but I think that was always in conjunction with ND. The thought being SMU and the possible additional Texas market for potential carrier fees paired with ND would increase payouts. ND still wanting to do their own thing(most likely scenario) killed that possibility or once investigated ND/SMU wasn't going to actually increase payouts.

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Re: also, the ACC can add teams and go back to ESPN for more $


Jul 27, 2023, 10:33 AM

ctigers90 said:

but it has to be 2 teams. The problem has been there are no 2 teams to increase value. ND is one that would by making them a football member but any advantage there is canceled out by any other team that is available. I do think the ACC took a look at SMU in the last 1-2 years, maybe some others but I think that was always in conjunction with ND. The thought being SMU and the possible additional Texas market for potential carrier fees paired with ND would increase payouts. ND still wanting to do their own thing(most likely scenario) killed that possibility or once investigated ND/SMU wasn't going to actually increase payouts.




You made my point. How can B12 add teams with little value and not decrease payouts to current teams but the ACC can't seem to find a way to do the same. The B12 already had the Houston market and all of the others hardly moved the needle. Why did the ACC not add Cincinnati, Navy and USF? This might have added enough revenue to be able to cut ties with ND unless they full-up joined the conference. The waiting for a perfect fit scenario spells the end of the conference.

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Re: also, the ACC can add teams and go back to ESPN for more $


Jul 27, 2023, 11:37 AM

The reason is that the Big 12 is starting from a lower base. This addition got the UP to ~$30 million, whereas the ACC is already there as it is. It takes less value to increase the Big12s contract than the ACC's

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ACC has an add 2 and we will talk, B12 has a pro rata


Jul 27, 2023, 11:38 AM [ in reply to Re: also, the ACC can add teams and go back to ESPN for more $ ]

same amount per team from what everyone knows. No 2 contracts are the same and being able to renegotiate total/per team amount is better IMO. there just aren’t teams of value remaining. The ACC could have gone for Texas/ND combo or OU/TX combo prior to SEC but that is about it. The ACC is going to be making more than B12 or Pac so being concerned about how they do things is irrelevant. ACC is chasing B10/SEC.

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Re: also, the ACC can add teams and go back to ESPN for more $


Jul 27, 2023, 5:47 PM [ in reply to also, the ACC can add teams and go back to ESPN for more $ ]

The ACC doesn't have to add two schools.

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Re: Big 12 votes to accept Colorado as a member.


Jul 27, 2023, 9:55 AM

I can't believe Oregon is still in the Pac 12, they offer good teams in a lot of sports.

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Re: Big 12 votes to accept Colorado as a member.


Jul 27, 2023, 10:03 AM

Its obvious that Oregon and Washington are less valuable than schools like NW and Purdue.

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Riiiight...

1

Jul 27, 2023, 10:16 AM

LOL.

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Unfortunately that is not how it works. If conferences


Jul 28, 2023, 12:12 PM [ in reply to Re: Big 12 votes to accept Colorado as a member. ]

Were starting from scratch those schools would be waiting on the playground a while to get picked but that is not the case. They are already in based on legacy from a different era and unless the system is blown up then they will always have a seat. No one is kicking anyone out of a league. There are enough schools who will say “if we boot NW, Purdue, Vandy, Rutgers, Duke, then am I next?” Think the UCS, Miss St, Indiana, KYs, Pitts, etc of the world.

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Re: Big 12 votes to accept Colorado as a member.


Jul 27, 2023, 3:17 PM [ in reply to Re: Big 12 votes to accept Colorado as a member. ]

NIKE offsets part of their losses. ~ $8M annually

https://bleacherreport.com/articles/2746972-nike-oregon-reportedly-agree-to-11-year-88-million-apparel-contract

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Re: Big 12 votes to accept Colorado as a member.

1

Jul 27, 2023, 11:16 AM

Those asking about B12 media rights, think they have a pro-rata clause that increases the $ if they add another P5 member.

Think with this, the PAC is done for...another defection isn't gonna help secure the media deal & have to figure whatever is presented isn't gonna be enough $ keep the other schools together. Do they remaining schools stick together & find a way out...who knows (B12 was able to do it when the early 2010s realignment put them on the ropes). But the mess Larry Scott put them in, plus being undermined by Big 10/USC/UCLA before Kliavkoff could really have a chance to get his arms around things & fix stuff seems to have torpedoed 1 of college athletics' premier conferences.

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Re: Big 12 votes to accept Colorado as a member.


Jul 27, 2023, 5:49 PM

Sort of. This clause in the Big 12's contract only applies up to 12 teams. Beyond 12, there is no clause. That said, that clause was in the old contract, not the new one.

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Colorado just officially voted to join Big 12.

1

Jul 27, 2023, 5:23 PM

Now, Big 12 has to officially vote to accept them.

The question is when will the effective date be? I think it will be starting in Fall of 2024, but I'm not sure.

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Re: Colorado just officially voted to join Big 12.


Jul 27, 2023, 5:45 PM

I know realignment and Colorado has everyone up in a frenzy, but someone posted this on 11 warriors (huge Ohio State website).

A lot of smoke coming from FSU insiders about Florida State bolting the ACC by mid August, w/ the BIG being the likely landing spot.

Granted most people on 11 warriors arent buying that anyone can break the ACC Grant of rights. Most also believe that if FSU left it would be for the SEC. I dont subscribe to any recruiting services so I have no idea if there is anything to this or not.

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Re: Big 12 votes to accept Colorado as a member.


Jul 27, 2023, 6:38 PM

So, Arizona, Arizona State and ? (Utah, OSU, WSU, SDSU) follow suit as the writing is on the wall. UW and Oregon hold out for and eventually get B1G invites. Pac 12 is officially toast. Stanford and Cal seek B1G based on being superior academic institutions and may or may not get in. If not, no big loss to college sports. They join the WAC or MW.

ACC hangs on but collapses by 2035, maybe 2030. Question is whether Clemson and FSU can remain competitive until then

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There seems to be some smoke that F St


Jul 27, 2023, 9:30 PM

Announces a move before 8/15…..

I hope where there’s smoke there’s a fire! Would love an announcement right before the season begins!

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Re: Big 12 votes to accept Colorado as a member.

1

Jul 27, 2023, 10:59 PM

Adding teams to the ACC right now, would be like shifting the chairs on the deck of the titanic.
Lost cause boys! Turn the page.

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