So what is the latest news on the OU and Texas to SEC situation?

[Red_Alert]

Kinda funny to me to listen to how the remaining teams in the Dysfunctional XII are acting so self assured about their great financial future with those excellent new teams coming into the conference to create maybe the most competitive conference in college football and yet they're scrambling around on the ground trying to pick up every penny they can before Oklahoma and Texas go out the door.

That post is silly to say the least.

The Big 12 increases their revenue by $110 million/yr (minimum) if TX/OU bolt early.

I'm willing to bet that if TX/OU leave for the 2023 season the Big 12 payouts will still increase (maybe substantially) with the addition of Houston, Cincy, UCF and BYU through 2025. That's NOT even including the $110 million/yr (minimum) bonus they'll get from the SEC.

I say that because CFB fans will be watching to see how Houston, Cincy, UCF and BYU, stack up against the Baylor's, Okie jr's, Iowa St's, of the conference.

Baylor, Okie jr, Iowa St, etc... are P5 teams right? Or have TX/OU been playing in a G5 conference all along?

 

[Wild Turkey]

how many games did they have to cancel during covid.. they only played one OOC school right? You are making it sound much harder than it is

COVID is a completely different situation and if you don’t understand that then I can’t help you understand. The gap is too wide.

 

[Thiefery]

Translation: TX/OU are not likely leaving the Big 12 until the GOR expires in 2025.

Big 12 2021 Payout: $42 million
SEC 2021 Payout: $55 million
Barring another covid season (2020) in which everyone's payouts decreased somewhat, the SEC's payouts are likely to increase at a greater curve in 2022/2023/2024 than the Big 12 curve w/tejas and Oklahoma still there.
The Big 12 GOR states specifically that if a team leaves they get that teams media payouts until the GOR expires in 2025. There are NO 'clauses'. The Big 12 is incorporated in Delaware and their courts are the king of enforcing contracts.

At $42 million a year (Big 12) and $55 million a year (SEC) that's a $13 million difference.
Staying in the Big 12 TX/OU at least get $42 million/yr.

Going to the SEC prior to 2025 then the SEC hands TX/OU's GOR payments to the Big 12. ALL OF IT. The Big 12 pays TX/OU nothing. The donghorn network will be null-and-void upon move to the SEC so tejas gives up that bonus as well.

At $13 million/yr difference X2 (TX/OU) = an additional $26 million/yr in media revenue for the remaining Big 12 teams. i.e. An additional $2.1 million/yr payout at the minimum.

Regarding the Big 12 offices to TX/OU leaving for the SEC prior to 2025?

Hurry up. Don't let the door hit you in the ass. We pay you nothing moving forward and we get your full SEC payouts.

that's just the 2 tiers.. Add in the 17 mil for LHN and the 8 or so mil to ou.. think everyone else has a deal around 3 mil for it's tier 3 content. BTW one of the scenarios was that the SEC would only pay the current amount UT/ou get in the Big 12 for the next 2 seasons ('23,'24) before getting the full amount everyone else receives when the new contract hits

lol at you thinking they are going to take everything.. they fired Bowlsby for a reason, he attacked the one provider that is going to throw anything at them in ESPN..
Think they going to get a good offer by Fox? NBC? lol fuck around and they'll be on CBSsportsnet

 

[Goldbug]

That post is silly to say the least.

The Big 12 increases their revenue by $110 million/yr (minimum) if TX/OU bolt early.

I'm willing to bet that if TX/OU leave for the 2023 season the Big 12 payouts will still increase (maybe substantially) with the addition of Houston, Cincy, UCF and BYU through 2025. That's NOT even including the $110 million/yr (minimum) bonus they'll get from the SEC.

I say that because CFB fans will be watching to see how Houston, Cincy, UCF and BYU, stack up against the Baylor's, Okie jr's, Iowa St's, of the conference.

Baylor, Okie jr, Iowa St, etc... are P5 teams right? Or have TX/OU been playing in a G5 conference all along?

Of course they're scrambling for every penny they can get and they will deal as hard as they can to keep doing it until the bitter end. Who can blame them? They are going to be so far behind the SEC and Big 10 it will be laughable after the Horns and Sooners leave for greener pastures. It's not even arguable.

 

[Thiefery]

That post is silly to say the least.

The Big 12 increases their revenue by $110 million/yr (minimum) if TX/OU bolt early.

I'm willing to bet that if TX/OU leave for the 2023 season the Big 12 payouts will still increase (maybe substantially) with the addition of Houston, Cincy, UCF and BYU through 2025. That's NOT even including the $110 million/yr (minimum) bonus they'll get from the SEC.

I say that because CFB fans will be watching to see how Houston, Cincy, UCF and BYU, stack up against the Baylor's, Okie jr's, Iowa St's, of the conference.

Baylor, Okie jr, Iowa St, etc... are P5 teams right? Or have TX/OU been playing in a G5 conference all along?

they'll increase because they aren't giving anything to those 4 new schools who all will be paying a cover charge to play in the Big12. Again if UT/ou bolt early, the penalty is the same as if they stayed til '25.

UT/ou will still be making money despite a buyout.. not sure where people think they will get nothing and the Big12 takes everything. But I agree with @Goldbug , enjoy your last real meal

 

[Red_Alert]

that's just the 2 tiers.. Add in the 17 mil for LHN and the 8 or so mil to ou.. think everyone else has a deal around 3 mil for it's tier 3 content. BTW one of the scenarios was that the SEC would only pay the current amount UT/ou get in the Big 12 for the next 2 seasons ('23,'24) before getting the full amount everyone else receives when the new contract hits

lol at you thinking they are going to take everything.. they fired Bowlsby for a reason, he attacked the one provider that is going to throw anything at them in ESPN..
Think they going to get a good offer by Fox? NBC? lol fuck around and they'll be on CBSsportsnet

Are you saying the SEC allows tejas to keep LHN when they move to the SEC? LOL NO WAY!!!

Regarding the 2nd bold..... At $42 million/yr, that's still a $84 million/yr bonus for the Big 12. That's a $7 million/yr bonus for the remaining Big 12 teams.

TX/OU get NOTHING from either the Big 12 or the SEC until the GOR expires in 2025.

A $42 million/yr haircut for TX/OU for leaving early.
Say they leave for the 2023 season? That's $42 million x 2/yrs = an $84 million haircut for OU and a $118 million haircut for tejas.

That is why they won't leave early.

 

[Deep Creek]

One of the problems for the new Big XII will be no big name. good teams good programs but not a marquee program.

That is definitely the problem for the Big 12 in football. They will have no football program that "moves the needle" on name recognition alone. As bad as Texas, USC, FSU, etc have been lately, they still "move the needle". Every conference has at least a couple of those names. Kansas can do it in hoops.

Here's a question. After Texas and Oklahoma exit, which of the following schools would non Big 12 fans consider wanting to see the most?
Baylor, BYU, Cincy, Houston, Iowa State, Kansas, Kansas State, Oklahoma State, TCU, Texas Tech, UCF, West Virginia

I'd say it has to be a newbie in BYU.

 

[Deep Creek]

I know the Tech AD guy was orgasming about the payout for this season on an interview. He acts like it won't change much but I gotta now how much of that 420 mil was because of Texas? and ou? Sorry but I don't see these 4 new additions making up that number once UT and ou are gone.

They won't. Only BYU will help in buffering the loss.

 

[Thiefery]

Are you saying the SEC allows tejas to keep LHN when they move to the SEC? LOL NO WAY!!!

Regarding the 2nd bold..... At $42 million/yr, that's still a $84 million/yr bonus for the Big 12. That's a $7 million/yr bonus for the remaining Big 12 teams.

TX/OU get NOTHING from either the Big 12 or the SEC until the GOR expires in 2025.

A $42 million/yr haircut for TX/OU for leaving early.
Say they leave for the 2023 season? That's $42 million x 2/yrs = an $84 million haircut for OU and a $118 million haircut for tejas.

That is why they won't leave early.

lol. ESPN pays UT for LHN no matter what it was a guaranteed deal.. and LOL again that UT/ou will be playing for nothing LOOLLLLLLLLLLL

 

[Red_Alert]

Of course they're scrambling for every penny they can get and they will deal as hard as they can to keep doing it until the bitter end. Who can blame them? They are going to be so far behind the SEC and Big 10 it will be laughable after the Horns and Sooners leave for greener pastures. It's not even arguable.

They're already considerably behind the SEC/Big 10 WITH TX/OU. So are the PAC and ACC.

It seems the move is inevitable.... Unless tejas had two fingers crossed behind their backs on the move like they've been known to do.
So why fret? Encourage the TX/OU moves out the door under the GOR and reap the bonuses.

Said bonuses are the Big 12 no longer pays TX/OU any media rights, and the Big 12 collects TX/OU SEC media rights.
$84 million/yr Big 12 savings + $110 million/yr SEC bonus = $194 million/yr the Big 12 is NOT getting with TX/OU in the conference.

$194 million/yr ÷ 12 teams is an additional $16 million/yr per school.

TX/OU get a big goose egg until the GOR expires.

They're not going anywhere until the GOR expires and the Big 12 does not have to concede a fucking thing to them.

 

[Red_Alert]

lol. ESPN pays UT for LHN no matter what it was a guaranteed deal.. and LOL again that UT/ou will be playing for nothing LOOLLLLLLLLLLL

"Texas president Jay Hartzell essentially admitted on Monday that there will be no use for the network after the school moves from the Big 12 to the SEC."

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That LHN bonus is GONE the day tejas moves to the SEC.

BYE BYE $17 million/yr bonus forever.
BYE BYE $42 million/yr payout from the Big 12
BYE BYE $55 million/yr SEC payouts until the Big 12 GOR expires.

You're gonna have to sell a lot of cheer jerseys to make up that economic ass raping.

Neither tejas or Oklahoma are going to the SEC prior to 2025.

 

[OlyDuck]

On the contrary, they are done by people that know the details of the contracts, etc. These people have looked at what the conferences will look like at that time.

Big 12 announces Bob Bowlsby will step down as commissioner later this year

https://www.dallasnews.com/sports/tcu-horned-frogs/2022/04/05/big-12-announces-bob-bowlsby-will-be-step-down-as-commissioner-later-this-year/?msclkid=f248ea7bb51f11ec9e44cbd5d09e170d This might open the door for OU and texas to get out sooner.

hooplanation.com

not talking money. was talking about competitiveness. where Thiefery said he thinks Big XII will more competitive than Pac and ACC

 

[Red_Alert]

What's funny is you know tejas had a heavy hand in putting together this rock solid GOR.

I say "rock solid" because the Big 12 is incorporated in Delaware, not in tejas. There will be no funny business by tejas judges.

Delaware judges are contract specialists because so many businesses nationwide incorporate in Delaware. They'll eat TX/OU attorneys for breakfast before they move to Fortune 500 cases after lunch.

"Why do Fortune 500 companies incorporate in Delaware?

There are three big reasons: an established and business-friendly legal framework, a widely respected and specialized court system and pro-business priorities from state government."

64% of Fortune 500 firms are Delaware incorporations: here's why - Technical.ly

There are three big reasons: an established and business-friendly legal framework, a widely respected and specialized court system and pro-business priorities from state government. But how many Delaware corporations actually care about Delaware?

technical.ly

 

[Red_Alert]

The Big 12's media rights parting gift to TX/OU if they leave prior to 2025.

The SEC's media rights welcoming gift to TX/OU prior to 2025.

 

[Red_Alert]

 

[WhosYourDawggy]

not talking money. was talking about competitiveness. where Thiefery said he thinks Big XII will more competitive than Pac and ACC

Ok, that's more interesting. I don't have a dog in the hunt, so do a top to bottom comparison:

Baylor v. USC
OkSU v. Oregon
BYU v. Utah
...

all the way through and let's see top to bottom what that looks like. I am afraid that based on the past decade's performance, it's going to be closer than you think. Certainly close enough that with Clemson, FSU, Miami, and a few other better teams in the ACC you can see where all 3 conferences will be bunched together in the $50-$55 million range.

 

[WhosYourDawggy]

"Texas president Jay Hartzell essentially admitted on Monday that there will be no use for the network after the school moves from the Big 12 to the SEC."

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That LHN bonus is GONE the day tejas moves to the SEC.

BYE BYE $17 million/yr bonus forever.
BYE BYE $42 million/yr payout from the Big 12
BYE BYE $55 million/yr SEC payouts until the Big 12 GOR expires.

You're gonna have to sell a lot of cheer jerseys to make up that economic ass raping.

Neither tejas or Oklahoma are going to the SEC prior to 2025.

Let's say that they move and the GOR is such that the SEC money goes to the B12. I don't think it's like OU and TX won't get anything. They will be entitled to their B12 share, I would think. But, I haven't researched that and don't know.

 

[Red_Alert]

Let's say that they move and the GOR is such that the SEC money goes to the B12. I don't think it's like OU and TX won't get anything. They will be entitled to their B12 share, I would think. But, I haven't researched that and don't know.

You don't think they'll double down, do you?

You don't think it will be an economic push, do you?

If it's like @Thiefery implied.... "The SEC will limit TX/OU payout to what the Big 12 would have paid", then there was zero purpose of the GOR.

The Big 12 owes them no share. They're no longer a part of the Big 12.

That's why they haven't left. That's why there's silence and no official timeline for them to leave this season, in 2023, or 2024.

If it was all hunky dory and an economic push for TX/OU, they'd been in the SEC for the 2022 season.

 

[Thiefery]

"Texas president Jay Hartzell essentially admitted on Monday that there will be no use for the network after the school moves from the Big 12 to the SEC."

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That LHN bonus is GONE the day tejas moves to the SEC.

BYE BYE $17 million/yr bonus forever.
BYE BYE $42 million/yr payout from the Big 12
BYE BYE $55 million/yr SEC payouts until the Big 12 GOR expires.

You're gonna have to sell a lot of cheer jerseys to make up that economic ass raping.

Neither tejas or Oklahoma are going to the SEC prior to 2025.

what part of guaranteed don't you understand? ESPN will still owe UT the remaining money on that contract.

 

[Thiefery]

View attachment 73794

where's nebraska on there?