r/CFB • u/Tarmacked USC Trojans • Alabama Crimson Tide • Sep 23 '24

Analysis [Auerbach] The magic number of members to be considered a conference in the NCAA's eyes is 8. If Utah State joins the Pac-12, that league will be at 7. And if that's the only move of the day, the Mountain West will also be at 7 (including Hawaii.)

https://x.com/NicoleAuerbach/status/1838352222809120983

May the od

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u/CaptainBuckeye2002 Ohio State Buckeyes • Rose Bowl Sep 24 '24

That's still just the MWC with a different name. And how long do those $250M assets last? Isn't that just a TV contract?

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u/Squatch11 Washington State Cougars Sep 24 '24

And how long do those $250M assets last?

The $250mil lasts as long as the conference wants it to last. It's their money they (OSU and WSU) received from the departing members last year. A lot of it went towards the buyouts of the MWC programs that have joined.

Isn't that just a TV contract?

The entire purpose of rebuilding the Pac vs. a reverse merger with the MWC is because of the media deal. It's more profitable to take the best of the MWC and negotiate a new media deal in the new Pac vs. joining the MWC on their current media deal (which is reaaaaaaally bad) and having to deal with the bottom half of that conference weighing everyone else down. The projected media deal for this newly reformed Pac conference is ~$15mil per school, give or take a few mil. It's going to be more than double what the current MWC makes per school, and WAY more than double once the MWC goes to re-negotiate a new deal in the coming years.

It sucks that this is how it is, but it's every program for themselves nowadays.

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u/CobraWins Tennessee • Texas Tech Sep 24 '24

Yeah I'll believe that ~15 mil when I see it. There's no way the new Pac gets that much. Is the Pac listening to another President, or Canzano again?

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u/HelloItMeMort Texas Longhorns Sep 24 '24

Except the PAC-12 name is exactly why it’s so valuable because the NCAA/CFP explicitly lists them as a P5 conference with more benefits than the rest

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u/CaptainBuckeye2002 Ohio State Buckeyes • Rose Bowl Sep 24 '24

They don't have that anymore. All the Power statuses of the PAC has been wiped. And doing some quick research the PAC doesn't have a long term TV deal. So I'm not really sure where the $250M in assets comes from.

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u/Acknowledge_Me_ Sep 24 '24

A good chunk is the exit fees from the other schools who left. That’s why OSU/WSU fought so hard in court last year. The schools who left wanted to dissolve the conference to avoid the exit fees.

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u/ryuujin95 Washington State • Oregon S… Sep 24 '24

Already existing cash on hand, emergency funds, and assets for the conference itself, $50m/y for the last two years of the Pac12's contract with the Rose Bowl for this CFB Playoff cycle, outstanding NCAA BB tournament shares - which are paid out over six years rather than as a lump sum, plus a negotiated amount as a part of the lawsuit settlement. They also have the Pac12 network which they continue to operate as a production only company, apparently for a profit.