Mosbonian |
09-22-2011 11:43 PM |
Quote:
Originally Posted by alnorth
(Post 7934251)
You might not be aware of the implications of signing over your tier 1/2 media rights to the conference, where that holds even if you leave. That is FAR bigger than even something like a $50MM huge exit fee. There is no "oh whatever, they can back out in a couple years" here, this is the college conference version of an unbreakable marriage. The Big 10 and the PAC 12 make their members do this to ensure no one can leave.
If your T 1/2 media rights are owned by the conference, then you become completely useless to any other conference until those iron chains around your ankles expire. If everyone signs this, then everyone is staying in the Big 12 for 6 years come hell or high water, unless they have the votes to dissolve the conference. The reason why it is 6 years is because presumably the Big 12 will land such a great Tier 1 deal 5 years from now that people will be wondering "so, why were we wanting to leave again?"
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al....do you really think that any contract is unbreakable? If so, then you need to spend a little more time in studying legalities.
As money becomes the hardest driving factor in the aligning of teams in a conference, attorney's will become better at figuring out how to exit without losing a shirt. Remember all the money the Big 12 crowed about getting when Nebraska and Colorado decided to leave? Well, the "settlement" wasn't anything close.
The Big 12 won't come anywhere close to a major deal in 5 years. What will be the impetus? Face it....there are only 2 teams in this league that draw any large interest when it would come to National exposure. No network is going to give a big contract to a conference with 2 major players, when it can go looking to the SEC, PAC 12 or Big 10 and really get their money's worth.
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