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PAC….terrible leadership!

TimothyC3

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May 29, 2001
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When you set back and reflect on what has happened over the last month so with the PAC 2 it’s no surprise that it all ended for the PAC 12. Their leadership is very questionable. First, the total settlement with the departing schools left OSU and WSU flush with approximately $255 mill to split between them. Any university can do a lot with an approximately $120 mill plus in a windfall to their athletic department. So instead of the reverse merger and using the funds to strengthen their own athletic departments, they raid the MWC in an attempt to break it up. But they failed. So instead of a reverse merger and requiring new members to make significant infrastructure improvements and mandatory minimum athletic department budgets, they don’t even invite the top 4 programs and then out of desperation they offer USU (who has to pay its own exit fee). So now the PAC owes the MWC (their competitors) approximately $90 mill in exits fees and potentially another $45 mill in poaching penalties. Thats a truely remarkable turn of events. Now the MWC can use the PAC 2’s money to strengthen it’s athletic programs
 
When you set back and reflect on what has happened over the last month so with the PAC 2 it’s no surprise that it all ended for the PAC 12. Their leadership is very questionable. First, the total settlement with the departing schools left OSU and WSU flush with approximately $255 mill to split between them. Any university can do a lot with an approximately $120 mill plus in a windfall to their athletic department. So instead of the reverse merger and using the funds to strengthen their own athletic departments, they raid the MWC in an attempt to break it up. But they failed. So instead of a reverse merger and requiring new members to make significant infrastructure improvements and mandatory minimum athletic department budgets, they don’t even invite the top 4 programs and then out of desperation they offer USU (who has to pay its own exit fee). So now the PAC owes the MWC (their competitors) approximately $90 mill in exits fees and potentially another $45 mill in poaching penalties. Thats a truely remarkable turn of events. Now the MWC can use the PAC 2’s money to strengthen it’s athletic programs

I'm never afraid to admit I'm wrong. And I was 100% wrong on this whole thing.

I honestly thought they had this thing mapped out and basically had their lineup in place just needing signatures.

Seriously they could have bit the bullet done the reverse merger. And had money to burn.
 
It adds another level to the UNLV/BSU game. If UNLV beats BSU, the best PAC team at this point, the MWC has bragging rights and shows PAC leadership didn’t include the best football team in its plans. After all their scheming they left out the hottest up and coming program in the country in the most exciting and sellable market. Makes you think some of the traitorous 4 insisted upon it given how obvious it was to include UNLV.
 
Meh, too early to say how this thing shakes out. They are obviously in a rough spot that I'm sure they really didn't think they would be in right now. But they would be sitting pretty good if we just said yes. Whichbthey should have just asked us in the beginning or had a much better strategy with the AAC teams. They should have known the 27 month rule since the AAC was recently raided.

First mistake was making the agreement with the MW to begin with. They were desperate, sure, but they should have looked at the numbers then before agreeing to the poaching fees. That is what is killing their plan more than anything. If they thought they were going to rebuild they should have just went out to other teams and tried their best. Either that or agreed to a higher per game price with the Mw with no poaching fees.

What I think happened is that they fully anticipated a merger but just could stomach the bottom line payouts once they saw what they were going to be. Which I get, because they would suck. Especially since they cleared 37 mil a piece from just the PAC revenue sharing the season before. Doing that and going to 6 to a year is rough

But once they get their 8th, and we fill out our conference we will see how bad or good it gets for them .

One thing for sure is that I don't want a reverse merger at this point. Hell naw. Harp and Whitfield are going P4 or bust and they need that extra money from this last deal to perhaps make that plan happen if they extend Odom ASAP as I hope. We have a legit football team ladies and gents and our coaching staff is about to get serious interest. We need to extend and cross our fingers. If we get poached then we will have an even bigger pot to find another p4 quality coach
 
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Meh, too early to say how this thing shakes out. They are obviously in a rough spot that I'm sure they really didn't think they would be in right now. But they would be sitting pretty good if we just said yes. Whichbthey should have just asked us in the beginning or had a much better strategy with the AAC teams. They should have known the 27 month rule since the AAC was recently raided.

First mistake was making the agreement with the MW to begin with. They were desperate, sure, but they should have looked at the numbers then before agreeing to the poaching fees. That is what is killing their plan more than anything. If they thought they were going to rebuild they should have just went out to other teams and tried their best. Either that or agreed to a higher per game price with the Mw with no poaching fees.

What I think happened is that they fully anticipated a merger and just could stomach the bottom line payouts. Which I get, our suck. Especially since they cleared 37 mil a piece from just the PAC revenue sharing the season before.

But once they get their 8th, and we fill out our conference we will see how bad or good it gets for them .

One thing for sure is that I don't want a reverse merger at this point. Hell naw. Harp and Whitfield are going P4 or bust and they need that extra money from this last deal to perhaps make that plan happen if they extend Odom ASAP as I hope. We have a legit football team ladies and gents and our coaching staff is about to get serious interest. We need to extend and cross our fingers. If we get poached then we will have an even bigger pot to find another p4 quality coach
I THINK I’m still for it, but I’m far less sure than I was a few days ago.

First off, like you said, the extra money for UNLV will go a LONG way towards continuing success, which is an absolute necessity to make the jump when the next opportunity presents itself… and that could be coming soon, within the next few years.

Any reverse merger at this point would at worst have to include provisions that the bonuses still get paid to the teams who held it together.

Second, UNLV is in a really good spot THIS season. A lot of football left to be played but, over the next 8 games UNLV is going to be the favorite in all but one, and by the time that game happens they could actually be the favorite in the biggest home game ever… Boise St of course.

IF, and it’s a very big IF because there’s a lot that can happen, they’ll be playing in the new “biggest game”, once again at home, in the MWC Championship.

IF IF IF IF IF… they’ll be in the CFP.

Again, long ways away and a lot has to go right, but dare I say it’s possible? Holy Sh!t!!!

So if THAT happens that’s another pile of cash for the conference and UNLV that wouldn’t have to be shared with those traitors.

In the end the PAC is going to be the “better” conference, but not by as much as some think. BUT, in the near term over the next five years UNLV is going to be a MUCH better program thanks to all the extra cash.

Yeah, talked myself into agreeing with you… f**k a merger.
 
To me the biggest losers in all this is WSU and OSU. If they are paying the exit fees for the 4 traitors and then have to pay the $55 million poaching fee that is well over $100 million that they could have saved for themselves had they done a reverse merger. When they get their new media contract for $10-12 million how many years is it going to take to recover that money. Theresa seemed to fight to keep her job as Pac12 commissioner and the Pac-2 get to pay for it all. A lot of money they could have dumped into their programs given away. Seems really stupid to me.
 
To me the biggest losers in all this is WSU and OSU. If they are paying the exit fees for the 4 traitors and then have to pay the $55 million poaching fee that is well over $100 million that they could have saved for themselves had they done a reverse merger. When they get their new media contract for $10-12 million how many years is it going to take to recover that money. Theresa seemed to fight to keep her job as Pac12 commissioner and the Pac-2 get to pay for it all. A lot of money they could have dumped into their programs given away. Seems really stupid to me.
They leveled the playing field by emptying their wallets. Idiots!!! Now the traitor 4 and UNLV are going to reap the benefits.
 
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When you set back and reflect on what has happened over the last month so with the PAC 2 it’s no surprise that it all ended for the PAC 12. Their leadership is very questionable. First, the total settlement with the departing schools left OSU and WSU flush with approximately $255 mill to split between them. Any university can do a lot with an approximately $120 mill plus in a windfall to their athletic department. So instead of the reverse merger and using the funds to strengthen their own athletic departments, they raid the MWC in an attempt to break it up. But they failed. So instead of a reverse merger and requiring new members to make significant infrastructure improvements and mandatory minimum athletic department budgets, they don’t even invite the top 4 programs and then out of desperation they offer USU (who has to pay its own exit fee). So now the PAC owes the MWC (their competitors) approximately $90 mill in exits fees and potentially another $45 mill in poaching penalties. Thats a truely remarkable turn of events. Now the MWC can use the PAC 2’s money to strengthen it’s athletic programs
I wonder if the MWC ends up with a countersuit against the PAC for collusion and fraud in regards to knowing ahead of time that they had no intention to owner this agreement, and the fact that they had been negotiating with the 4 programs behind the backs of the MWC as a group. You never know what the courts will do, but I hope it doesn't end up being allowed to stay in a Northern California court. I wonder where the MWC and PAC were located when they negotiated and signed the agreement?
 
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Also, what I struggle to get my mind around is this. After agreeing to pay exit fees for SDSU, Boise, CSU and Fresno, the PAC2 truely expected UNLV would jump at their different offer which required UNLV to pay $18 mill out of pocket to join a P5 conference! That was incredibly delusional! Then Gloria counters with a $30 mill bonus to stay in th MWC. That’s a no brainer and a $48 million swing. Now Gloria moves very quickly and offers Texas State. But the PAC is sitting back and twittering its thumbs trying to figure out what to do next. I have read Gloria is also in contact with UTEP.
 
Also, what I struggle to get my mind around is this. After agreeing to pay exit fees for SDSU, Boise, CSU and Fresno, the PAC2 truely expected UNLV would jump at their different offer which required UNLV to pay $18 mill out of pocket to join a P5 conference! That was incredibly delusional! Then Gloria counters with a $30 mill bonus to stay in th MWC. That’s a no brainer and a $48 million swing. Now Gloria moves very quickly and offers Texas State. But the PAC is sitting back and twittering its thumbs trying to figure out what to do next. I have read Gloria is also in contact with UTEP.
No, I think what they expected to happen was a handful of the other top MWC brands would leave and dissolve the conference avoiding fees all together. They miscalculated the conference sticking together
 
No, I think what they expected to happen was a handful of the other top MWC brands would leave and dissolve the conference avoiding fees all together. They miscalculated the conference sticking together
I think you are right. But I also think they didn’t foresee the fact that they inadvertently handed over to the MWC a war chest of $90 to $140 mill and that the MWC has a very aggressive commissioner who wasn’t going to just roll over.
 
No, I think what they expected to happen was a handful of the other top MWC brands would leave and dissolve the conference avoiding fees all together. They miscalculated the conference sticking together
They also expected Memphis to accept their lowball offer and expect the other schools in the AAC to follow. It was a strategy of moving very quickly and make schools panic and join.
 
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Also, what I struggle to get my mind around is this. After agreeing to pay exit fees for SDSU, Boise, CSU and Fresno, the PAC2 truely expected UNLV would jump at their different offer which required UNLV to pay $18 mill out of pocket to join a P5 conference! That was incredibly delusional! Then Gloria counters with a $30 mill bonus to stay in th MWC. That’s a no brainer and a $48 million swing. Now Gloria moves very quickly and offers Texas State. But the PAC is sitting back and twittering its thumbs trying to figure out what to do next. I have read Gloria is also in contact with UTEP.
I think I have asked you before how you know the Pac agreed to pay the exit fees for the Traitorous 4. There is no such information out there. Unless you have a source (link please) that supports your assertion. Likewise on whatever our offer was to UNLV.
 
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I think I have asked you before how you know the Pac agreed to pay the exit fees for the Traitorous 4. There is no such information out there. Unless you have a source (link please) that supports your assertion. Likewise on whatever our offer was to UNLV.
With or without evidence, I think it would only be common sense.
 
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I think I have asked you before how you know the Pac agreed to pay the exit fees for the Traitorous 4. There is no such information out there. Unless you have a source (link please) that supports your assertion. Likewise on whatever our offer was to UNLV.
It's in the article we already produced. It's a direct comment from the company hired to do the risk analysis for what programs to add and how to convince them to leave. Your commissioner tried to pound her chest as a "look at my chess moves" moment in that article. Whiles there's not official terms really made known, it's been widely discussed that your conference committed to paying their exit fees.

"Unlike when the initial deal was signed with Kliavkoff in charge, OSU and WSU were now in control of the Pac-12 assets -- they secured roughly $250 million when the departures were finalized -- and had more time to make alternative scheduling plans for 2025. When it became clear the Sept. 1 deadline to extend the agreement would pass, the Pac-12 became more serious about attempting a true rebuild.

Much of the vetting of potential candidates and outreach was handled by Navigate, a private sports consulting firm, sources said. The Pac-12 would be willing to help fund the exit fees, the schools were told, which took away the primary risk factor. Had the four been required to come up with a combined $72 million on their own, it would have been much more difficult to justify the jump -- especially without a firm understanding of what kind of media deal the new-look conference could command.

The schools also knew to expect the Mountain West to attempt to withhold media rights distributions for departing schools over the next two years -- roughly $5 million per school, per year -- as it did when BYU, TCU and Utah all left in 2011. It's unclear what the total cost will be to the schools and Pac-12 to the Mountain West when the dust settles."
 
It's in the article we already produced. It's a direct comment from the company hired to do the risk analysis for what programs to add and how to convince them to leave. Your commissioner tried to pound her chest as a "look at my chess moves" moment in that article. Whiles there's not official terms really made known, it's been widely discussed that your conference committed to paying their exit fees.

"Unlike when the initial deal was signed with Kliavkoff in charge, OSU and WSU were now in control of the Pac-12 assets -- they secured roughly $250 million when the departures were finalized -- and had more time to make alternative scheduling plans for 2025. When it became clear the Sept. 1 deadline to extend the agreement would pass, the Pac-12 became more serious about attempting a true rebuild.

Much of the vetting of potential candidates and outreach was handled by Navigate, a private sports consulting firm, sources said. The Pac-12 would be willing to help fund the exit fees, the schools were told, which took away the primary risk factor. Had the four been required to come up with a combined $72 million on their own, it would have been much more difficult to justify the jump -- especially without a firm understanding of what kind of media deal the new-look conference could command.

The schools also knew to expect the Mountain West to attempt to withhold media rights distributions for departing schools over the next two years -- roughly $5 million per school, per year -- as it did when BYU, TCU and Utah all left in 2011. It's unclear what the total cost will be to the schools and Pac-12 to the Mountain West when the dust settles."
I may have missed that article. But there is a big difference between "helping fund" and paying all of the exit fees. I read the "helping" part.
 
I may have missed that article. But there is a big difference between "helping fund" and paying all of the exit fees. I read the "helping" part.
That’s true. I haven’t seen anything more than speculation on what was offered. No one knows the state of the pac war chest.
 
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I think I have asked you before how you know the Pac agreed to pay the exit fees for the Traitorous 4. There is no such information out there. Unless you have a source (link please) that supports your assertion. Likewise on whatever our offer was to UNLV.
Others have submitted proof that the commitment was made. But if it wasn’t the move is even more questionable. Where is SDSU, USU, Fresno and CSU going to come up with the $18 mill exit fee? That will set their athletic program back 5-10 years and have a direct impact on their ability to compete on the field. Also, I read the term sheet with the 4 leaving and their overload’s OSU and WSU have to approve all major decisions until the end of 2026? They aren’t even full conference members with equal voting rights! Lastly, even if a PAC member receives a P4 invite, the exit fee is $30 mill? That’s insane!

Fortunately, UNLV doesn’t need the be part of the PAC to field a top 25 program.
 
I think I have asked you before how you know the Pac agreed to pay the exit fees for the Traitorous 4. There is no such information out there. Unless you have a source (link please) that supports your assertion. Likewise on whatever our offer was to UNLV.
I do enjoy your perspective.
 
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Again to be seen if it ends up the full 18 mill per team. These things are typically talked down. And the MW's exit fees are egregious when compared to other conferences.
The more likely number is 11 mil per team. That it was will be withheld from these last 2 seasons of being in the MW. ( Remember next year it goes back down to 5 million per team because we don't have the PAC 2 scheduling agreement next season).
Even that can be negotiated down. They did announce after this season already started, there is that.
Also to be seen if anything happens with their lawsuit.
Truth is we don't know how much they will really pay for a while. I guess it could be the full amount, but compared to other similar situations, it rarely ends up that way.
 
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Others have submitted proof that the commitment was made. But if it wasn’t the move is even more questionable. Where is SDSU, USU, Fresno and CSU going to come up with the $18 mill exit fee? That will set their athletic program back 5-10 years and have a direct impact on their ability to compete on the field. Also, I read the term sheet with the 4 leaving and their overload’s OSU and WSU have to approve all major decisions until the end of 2026? They aren’t even full conference members with equal voting rights! Lastly, even if a PAC member receives a P4 invite, the exit fee is $30 mill? That’s insane!

Fortunately, UNLV doesn’t need the be part of the PAC to field a top 25 program.
Wait, what? Can you link or copy and paste this document?
 
Wait, what? Can you link or copy and paste this document?
 
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That guy in the article seems low to me, but I think the PAC numbers are high. I could see it in the 8-12 range, depending on who they end up adding. MW in the 5-7 range
That would be unless there was a network looking to gain traction. Maybe TNT sports since they lost the NBA and would want to find a way to stay relevant. Apple is also looking to expand their sports footprint. Doubtful that CBS would spend that kind of money.
 
I really don’t see 8-12 happening. 5-7 is realistic. Maybe skew it so that the MW has the lower end of 5-7 and the pac would have the higher end of 5-7.
That sounds more realistic to me. To me the current PAC strategy is to win the lawsuit over the MWC for the poaching fee. If they win they will take the $50 million and get their two top choices from the AAC. For them bringing in a TX State will definitely hurt their media contract goals. As it is stated in the Dodd article that a lower school will dilute their revenue. Now if they win the lawsuit and bring in their two top AAC schools then they may be able to get that extra $2 - $4 million. But, that cost. Couldn't you do something better with your money like spend it on WSU and OSU. Why blow it all away just for some Pac-2 Commissioners ego.
 
That would be unless there was a network looking to gain traction. Maybe TNT sports since they lost the NBA and would want to find a way to stay relevant. Apple is also looking to expand their sports footprint. Doubtful that CBS would spend that kind of money.
First priority is for UNLV to finish the season winning the MWC championship and going to the 12 team playoff. This is how UNLV can put the MWC in a better position when competing against the PAC for media money!
 
CBS Sports article by Dodd. It's entertaining in what he says about the media revenues expected:

He stated the obvious that not merging to begin with was criminally stupid. You replace the 5th best conference in the country with two mediocre ones.
 
CBS Sports article by Dodd. It's entertaining in what he says about the media revenues expected:

Thanks both for the articles. Summary - the Traitorous 4 kind of signed their lives away, and the Stupid Pac-2 should have just f-ing merged one way or another.
 
Or at the very least pay all or most of the exit fees for UNLV, BSU, SDSU, FSU, CSU & AFA. End up with a strong base conf worthy of a media deal and likely to attract a few other strong programs. All they’ve done is divide up the good programs and split what could have been a much more lucrative conf. Seems like the PAC2+4 got greedy and it backfired. As the saying goes, pigs get fed, hogs get slaughtered.
 
Your Pac2/6/7 commissioner has the special combination of stupidity, arrogance and incompetence. I doubt the pac wins the poaching lawsuit. If things don't go according to her plan, the Pac schools will end up with about the same as the MWC after giving the MWC millions.
 
Your Pac2/6/7 commissioner has the special combination of stupidity, arrogance and incompetence. I doubt the pac wins the poaching lawsuit. If things don't go according to her plan, the Pac schools will end up with about the same as the MWC after giving the MWC millions.
A quote this afternoon on my Board, along with my predictable reply........ :)

Our commish has handled the situation quite well. Getting the first 4 without leaks or warnings was just flat out a brilliant performance. I would have said it was impossible.
A "brilliant performance"? Ok buddy, let's go with that. The rest of the country thinks we have totally f-ed up by not doing the merger. But don't mind them. Teresa gets to keep her job, which is the only thing that matters.
 
A quote this afternoon on my Board, along with my predictable reply........ :)


A "brilliant performance"? Ok buddy, let's go with that. The rest of the country thinks we have totally f-ed up by not doing the merger. But don't mind them. Teresa gets to keep her job, which is the only thing that matters.
Its like building a submarine to dive down to and come up bottom of the ocean. Then celebrating that your sub found a way to dive down in record time by imploding; while ignoring the going up part being a catastrophic failure.
 
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A quote this afternoon on my Board, along with my predictable reply........ :)


A "brilliant performance"? Ok buddy, let's go with that. The rest of the country thinks we have totally f-ed up by not doing the merger. But don't mind them. Teresa gets to keep her job, which is the only thing that matters.
We'll never get the true story and I will never understand why we didn't merge.
 
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