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Pac 12 rejected $30 million offer from ESPN, demanded $50 million

Posted on 8/11/23 at 9:18 am
Posted by 1999
Where I be
Member since Oct 2009
29757 posts
Posted on 8/11/23 at 9:18 am
Canzano

quote:

The Pac-12 had an offer from ESPN of $30 million per school in the fall of 2022. The network wanted it all. But the presidents and chancellors wanted more. “We said we want $50 million per school.” ESPN's response? “Goodbye.”


Guess he’s spilling the tea now that the conference is dead.
Posted by DBG
vermont
Member since May 2004
73438 posts
Posted on 8/11/23 at 9:21 am to
More and more of this blame is starting to fall on the schools than George Kliavkoff, imo.

This is a good deal. The Apple deal was a good deal with potential to be a great deal.
Posted by Dire Wolf
bawcomville
Member since Sep 2008
37403 posts
Posted on 8/11/23 at 9:35 am to
Posted by TulaneFan
Slidell, LA
Member since Jan 2008
14092 posts
Posted on 8/11/23 at 9:40 am to
The media loves to push the narrative that the Big 10 and the Big 12 killed the PAC.

The PAC-12 did this to themselves
Posted by BreakawayZou83
Kansas City, Missouri
Member since Oct 2011
9613 posts
Posted on 8/11/23 at 9:41 am to
None of this is surprising. What a bunch of arrogant, delusional bastards. Hard to feel sorry for them.
Posted by MJackson
Member since Dec 2006
1126 posts
Posted on 8/11/23 at 9:42 am to
if that's true, then holy crud, those presidents are dumb as hell. $30M/school? all things considered (size of fanbases in pac-12, interest, attendance, low population in west coast, etc), that's a damn good deal that they refused

Posted by chalmetteowl
Chalmette
Member since Jan 2008
49184 posts
Posted on 8/11/23 at 9:45 am to
Was this before or after USC and UCLA left?

And I bet they were comparing that deal to what the Big XII and ACC were making
This post was edited on 8/11/23 at 9:51 am
Posted by BilbeauTBaggins
probably stuck in traffic
Member since May 2021
5693 posts
Posted on 8/11/23 at 10:00 am to
TBH, I only watch PAC-12 After Dark because I decompress after being at a game and like to see what's going on over there solely to fill time. I think SEC schools make just over that $50 million amount, no?
Posted by tucoco
Las Vegas
Member since Mar 2021
6532 posts
Posted on 8/11/23 at 10:13 am to
"Greed" it's amazing what money does to people with how poisonus they become in wanting more and more and more. Smdh It really is, looking at how the PGA has sold out to LIV golf for money as well as other situations concerning other sports. It's just really amazing to me how far they'll go to get what they want. Smh-Lol
This post was edited on 8/11/23 at 10:18 am
Posted by Honest Tune
Louisiana
Member since Dec 2011
16867 posts
Posted on 8/11/23 at 10:13 am to
Where is that bicycle meme where the rider sticks a stick in the wheel spokes to trip himself?

Someone should do that for the Pac10 (one of THE premier conferences in college history)…. They frickED up.

Posted by Civildawg
Member since May 2012
8908 posts
Posted on 8/11/23 at 10:18 am to
ESPN offering that much is insane
Posted by Ancient Astronaut
Member since May 2015
34527 posts
Posted on 8/11/23 at 10:56 am to
And these are smart schools?
Posted by therick711
South
Member since Jan 2008
25526 posts
Posted on 8/11/23 at 11:13 am to
Perhaps my biggest takeaway is that ESPN did not stupidly bid against itself. $30 million each was probably still an overpay, though.
This post was edited on 8/11/23 at 11:22 am
Posted by Ping Pong
LSU and UVA alum
Member since Aug 2014
5381 posts
Posted on 8/11/23 at 11:25 am to
quote:

The Pac-12 had an offer from ESPN of $30 million per school in the fall of 2022. The network wanted it all. But the presidents and chancellors wanted more. “We said we want $50 million per school.” ESPN's response? “Goodbye.”


they asked for 50 million after USC and UCLA already announced their departure to the B10????

Talk about not knowing your worth. I have zero sympathy for Stanford and Cal. They've been long due for a a slice of humble pie. Oregon State and Washington State seem to be more in touch with reality. I hope they find a home.
This post was edited on 8/11/23 at 3:17 pm
Posted by bamameister
Right here, right now
Member since May 2016
15708 posts
Posted on 8/11/23 at 11:26 am to
ESPN and then make a deal with Prime, or Apple to stream it. This a great working model for the NFL and MLB. It's hindsight, but working with technology and finding the money tree isn't that hard with the models out there.

It may not be the sudden windfall that the SEC has with national contracts, but you water it, and in time, it grows the market. Today, the money is in streaming. And soon all sports will have to embrace it.
Posted by mizzoubuckeyeiowa
Member since Nov 2015
36387 posts
Posted on 8/11/23 at 11:27 am to
quote:

Let’s remember that the Big 12 arrived at a deal — sans Texas and Oklahoma (who will leave next year) — for $31.7 million per school.


So ESPN offered a fair competitive price-point w/o USC/UCLA...

Damn, don't look a gift horse in the mouth.

You see what a house of cards the PAC was without USC, who hated the current revenue share deal while in the past they always got more than everyone else. Don't bite the hand that feeds ya.
This post was edited on 8/11/23 at 11:30 am
Posted by The Scofflaw
Metairie, LA
Member since Sep 2014
1043 posts
Posted on 8/11/23 at 11:41 am to
That's hilarious, it's from the same people that thought they were too good for the Texas and Oklahoma schools not too long ago. No wonder Texas and OU bolted to the SEC, when they saw the company they wouldve had to keep with the PAC.
This post was edited on 8/11/23 at 11:43 am
Posted by CRDNLSCHMCPSN11
Member since Dec 2014
17594 posts
Posted on 8/11/23 at 2:08 pm to
Wasn't Scott passing on Texas, Texas Tech, Oklahoma, and Oklahoma St back in 2011 the beginning of the end for them? But we just didn't know it at the time? Would their additions be enough to keep USC and UCLA from bailing? How much would they be worth now if they added those schools then, and kept USC and UCLA?
Posted by TigerintheNO
New Orleans
Member since Jan 2004
41786 posts
Posted on 8/11/23 at 6:22 pm to
What's really messed up is the #1 person that blocked the Pac12 from taking the deal, ended up taking the deal.

After the Pac12 Presidents (Michael Crow) rejected the deal, the following month (10/22) the Big 12 took that deal from ESPN. Pac12 is toast.

Then Colorado, Utah, and the Arizona schools joined the Big 12 for the same deal.
Posted by Ssubba
Member since Oct 2014
6813 posts
Posted on 8/11/23 at 6:56 pm to
This deal never would have been signed. Oregon/Washington going to the Big 10 was the worst kept secret in sports at that time. Had the other Presidents been willing to take the deal UO and UW would have pulled the rug out and been Big 10 members last Fall. Instead the Big 10 was able to slow play it. ESPN isn't giving $30mil without the two biggest remaining brands.
This post was edited on 8/11/23 at 6:57 pm
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