Had a few moments at work and used GROK and a spreadsheet to estimate what the $$ situation is for each of the Defector 5. Assumed based on the articles that came out yesterday by Chris Murray (Link - Chris Murray Article) that the MWC gets all of the Exit Fees and the PAC-12 Pays the full Poaching fees. Add in the interest the MWC gets due to the By-Laws allowing the MWC to keep go-forward distributions as a payment against the exit fee (total = $37.4 mil + $1.9 mil in interest) - that leaves about $14.9 Mill each of the 5 defectors needs to pay. Grok estimates the PAC12 payout at $4.5 Mil per year more than the MWC.
So.... on a per school basis the move "pays out" in 4-5 years - but on a conference basis when the poaching fees are included the "Pay Out" is 6-7 years.
If the media deal ends with the difference only being $2 Mil per year the "Pay Out" period is 6-7 and on a conference basis is 12-13 years.
You can Divide by 5 to get the per school averages:
Total Exit Fees = $110,000,000
Total Poach Fees = $55,000000
Total Fees Owed = $165,000,000
MWC Withheld FY25 Payout = $31,000,000
CFP Dist Withheld (5 Defectors) = $3,636,364
Other 24-25 Bowl Game Revenue = $2,125,000
NCAA APR Withheld (FSU,CSU) = 600,000
Total MWC Withheld Payouts = 37,361,364
Balance Due = $72,638,636
Increased Media $ for the Defector 5 = $20,000,000/Yr
It gets real interesting when you add in the increased athletic budget the "Defector 5 are expected to "pony up" - which is gotta be more than the added media $$......
Bottom line I see no way this works from a $$$ perspective.
So.... on a per school basis the move "pays out" in 4-5 years - but on a conference basis when the poaching fees are included the "Pay Out" is 6-7 years.
If the media deal ends with the difference only being $2 Mil per year the "Pay Out" period is 6-7 and on a conference basis is 12-13 years.
You can Divide by 5 to get the per school averages:
Total Exit Fees = $110,000,000
Total Poach Fees = $55,000000
Total Fees Owed = $165,000,000
MWC Withheld FY25 Payout = $31,000,000
CFP Dist Withheld (5 Defectors) = $3,636,364
Other 24-25 Bowl Game Revenue = $2,125,000
NCAA APR Withheld (FSU,CSU) = 600,000
Total MWC Withheld Payouts = 37,361,364
Balance Due = $72,638,636
Increased Media $ for the Defector 5 = $20,000,000/Yr
It gets real interesting when you add in the increased athletic budget the "Defector 5 are expected to "pony up" - which is gotta be more than the added media $$......
Bottom line I see no way this works from a $$$ perspective.