I’m wondering long term what the value of the pee is. It’s comprised of the 2 bottom feeders who the BIG didn’t want, nor did any other major conference, and the perceived top
of the MW. Outside of spud U and the asstecs, I don’t see they have relevance long term. Maybe a bit more money for a few years, but are they really better off long term. None of the major conference wants any of them, other than spud U possibly in the future. The Maggie’s were probably added to get to 8, but not really desired. Long term I’m not sure any of them have a whole lot brighter future. Am I missing something?
I don’t think you are missing anything. This entire process is about who gets the next dime and who gets the nickel or pennies on the comparison dollar of the P4’s.
With the expenses of building a new conference under the old P12 name, it’s like buying vintage Air Jordan’s at Goodwill but not in collectible condition. The financial bottom line will be the defining factor and unless the media amount NET value is revealed, it can be spinned to fit the narrative of supremacy.
What if the pee12 media deal is worth $9 million per team per year but the pee12 absorbs production costs for every sport to be on a form of media and it costs about $3 million per year to do it. That makes it worth $6 million in net revenue. If the traitors have to pay the full $18 million there goes 3 years of media Income. The pee2 at $55 million ($27.5 each) would take 4.5 years of media income and don’t forget Texas State. If TS exits the SBC by June 30 it is going to cost them 1 year of media income and as of July 1 the exit fees double to $10 million which is almost 2 years of media income.
That brings another question up - the P12 is desperate for an 8th football member. If I am Texas State I would demand the pee12 as it is now pay the exit fees and dangle some enticement starting with a full share and vote immediately as well as a travel compensation package. Otherwise, a move for them would be more for the appearance of being among the best of the G6. The AAC programs have already said no way since joining the pee12 means higher exit fees and won’t exceed the $11 million per year media income they currently get. Texas State is at $2 million media income per year now so a tripling of that looks good at a $4 million increase, but how much of that $4 million is left over each year since the distances for travel increase significantly.
The unknown is will any of this wrangling be worth a P level invite? What will happen with the P level and does the FBS fracture into 2 or 3 distinct levels. If it goes 3 distinct levels programs like Wyoming are susceptible to being considered level 3 and that is the concern I have for FCS as a potential viable option. I can easily see FBS at 2 levels with the best of the current P4 at level 1 and the lesser (like Vanderbilt, Stanford, Northwestern, Miss State, Kansas State, etc.) joining with the best of the G6 at level 2. This is positioning to prove you are better than the bottom of the P4. BSU has done a good job of that. Other than being in a desirable location such as UNLV, a program better be associated with success to have any chance of being considered for the top P level or even the envisioned best of the rest.
I could be wrong about it all, but I feel Wyoming is in a much bigger fight for some kind of inclusion relevance above the FCS in the next few years. Not trying to be negative about it either. It’s just the way things seem to be going. Being viewed as unviable is not an attribute. Right now winning and competing for the top spot in conference play is imperative to position for the future. Sub .500 programs drop in value when they don’t bring anything overly significant such as a population center or a continued history of success. Wyoming brings a generational history of sub .500 but not much else. Who cares about the 50’s and 60’s. Many of those people are already deceased. Almost all of current student athletes weren’t born the last time Wyoming won a basketball championship and most of the last football championship era is approaching social security age. It’s been that long.