I dont know about that. If I have misread this and it is 30-35 million per school, then the Big 2 are going to turn around and do the same thing so their schools make 120-135 million. However again I dont know that I understand the figures and what they mean. My bottom line thinking is if current XII schools are about to make alot more money wiith a naming rights deal, you can be guaranteed that the B10 and SEC are going to turn around and do the same thing but for more $$$.bear2be2 said:And worse, it makes the Big 12 the punchline of a bad joke.PartyBear said:What do you mean your cut off is 5 million? I assume this means if less than 5 mil per school it isnt worth it. Everything I have seen indicates 30-35 million for the conference which translates to 2 mil or less per school. Either way this naming rights deal doesnt look like it gets XII schools any closer really to Big 2 revenue. Unless I mis read something.BearFan33 said:IMO these are good discussions. BY is looking under every rock for revenue and presenting options. We may not like them but it's good to have new ideas and options.boognish_bear said:This whole deal would be worth ~$2-3 million per school per year to completely sell out the Big 12's brand. That's... not that much.https://t.co/UhVGV4ov6w
— Zach Barnett (@zach_barnett) June 13, 2024
Personally I could accept a name change for the conference if it gets us closer to the P2 in revenue. My cutoff is 5 million per year per school.
The private equity thing is short sighted....a one time bump in revenue sells the future. But the discussion is valuable and something to think about.
Serious entities don't sell their brand/name to the highest bidder. That's an act of desperation and will be viewed as such by the public.