Oregon State, Washington State Will Expand to the Big 12 Or ESPN Loses $320 Million | Big 12 News
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Currently, the Pac-12 appears to
Currently, the Pac-12 appears to have transformed into a de facto Pac-2 following a significant conference realignment. Only Oregon State and Washington State remain, leaving the future direction of the league uncertain.
However, recent developments indicate a potential shift in focus. Both schools have initiated a lawsuit, centered around the composition of the board and voting rights. ESPN's Pete Thamel reports that this legal dispute revolves around a familiar theme in realignment: financial interests. Yet, there's another intriguing dimension to this situation involving the Mountain West conference.
According to On3's Eric Prisbell, the concept of a reverse merger between the Pac-12 and the Mountain West remains under consideration. Nevertheless, the Pac-12's valuable assets add complexity to this conversation. Shedding light on this matter during The Paul Finebaum Show, Thamel explained, "With just two teams left in the Pac-12, Oregon State and Washington State, their primary objective is to ensure that these two institutions constitute the board of directors. The stakes are immense, with tens of millions of dollars in assets at risk, including $42 million projected by the end of fiscal '22, as indicated in the lawsuit. Additionally, there's an estimated $50 million tied to NCAA Tournament units. Surprisingly, the Pac-12 Network, often subject to industry jests, generated $40 million in revenue last year, demonstrating that its network infrastructure holds significant value."
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However, recent developments indicate a potential shift in focus. Both schools have initiated a lawsuit, centered around the composition of the board and voting rights. ESPN's Pete Thamel reports that this legal dispute revolves around a familiar theme in realignment: financial interests. Yet, there's another intriguing dimension to this situation involving the Mountain West conference.
According to On3's Eric Prisbell, the concept of a reverse merger between the Pac-12 and the Mountain West remains under consideration. Nevertheless, the Pac-12's valuable assets add complexity to this conversation. Shedding light on this matter during The Paul Finebaum Show, Thamel explained, "With just two teams left in the Pac-12, Oregon State and Washington State, their primary objective is to ensure that these two institutions constitute the board of directors. The stakes are immense, with tens of millions of dollars in assets at risk, including $42 million projected by the end of fiscal '22, as indicated in the lawsuit. Additionally, there's an estimated $50 million tied to NCAA Tournament units. Surprisingly, the Pac-12 Network, often subject to industry jests, generated $40 million in revenue last year, demonstrating that its network infrastructure holds significant value."
Support Us By Supporting Our Sponsors!
Jase Medical
Save more than $360 by getting these lifesaving antibiotics with Jase Medical plus an additional $20 off by using code LOCKEDON at checkout on jasemedical.com.
Athletic Brewing
Go to AthleticBrewing.com and enter code LOCKEDON to get 15% off your first online order or find a store near you! Athletic Brewing. Milford, CT and San Diego, CA. Near Beer.
Gametime
Download the Gametime app, create an account, and use code LOCKEDONCOLLEGE for $20 off your first purchase.
LinkedIn Jobs helps you find the qualified candidates you want to talk to, faster. Post your job for free at LinkedIn.com/LOCKEDONCOLLEGE. Terms and conditions apply.
eBay Motors
Keep your ride-or-die alive at ebay.com/motors. eBay Guaranteed Fit only available to US customers. Eligible items only. Exclusions apply.
FanDuel
Make Every Moment More. Right now, NEW customers can bet FIVE DOLLARS and get TWO HUNDRED in BONUS BETS – GUARANTEED. Visit FanDuel.com/LOCKEDON to get started.
FANDUEL DISCLAIMER: 21+ in select states. First online real money wager only. Bonus issued as nonwithdrawable free bets that expires in 14 days. Restrictions apply. See terms at sportsbook.fanduel.com. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, MD, MI, NJ, PA, IL, VA, WV), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 (WY, KS) or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), 1-877-8-HOPENY or text HOPENY (467369) (NY), TN REDLINE 1-800-889-9789 (TN)
Follow & Subscribe on all Podcast platforms…
🎧 https://link.chtbl.com/LOBig12?sid=Yo...
Locked On College Conferences, HBCU, Basketball & More
🎧 https://linktr.ee/LockedOnCollege
Follow on Twitter: Twitter: drakectoll
Follow the show on Twitter: Twitter: LOBig12
9 ماه پیش
در تاریخ 1402/07/04 منتشر شده
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