B1G blue bloods might vote down $135M lump sum, could P1 give them more?
This money would come from the California Pension Plan investment. They need a unanimous vote to approve it, but at least two are not so hot on it for some reason.
Could the blue bloods of the B1G and SEC have bigger plans like a P1 with even more money? đ¤ˇââī¸
** Edited by Stech at 10/16/2025, 8:24:31 AM
31 Replies
H
HOO86
9mo
I'm seeing tweets reporting their opposition, and it's coming from Regents, not Atletics Dept.
** Edited by HOO86 at 10/16/2025, 7:05:28 PM
Link:
Link
(In response to this post by Stech)
9mo
why those two are holding out.
(In response to this post by HOO86)
9mo
(In response to this post by HOO86)
9mo
pay you Tuesday for a cheeseburger today. Honestly, it would make more sense for the B12 then it does for the Big 10. Not that they would command that kind of money, but the BIG is in a great financial position to cover the athlete pay moving forward. Mid tier and lower in the BIG? Ya, I could see them wanting a chunk of change, but with the the Blue bloods getting more, I don't see how it helps them competitively.
(In response to this post by HOO86)
9mo
Link:
Pension
(In response to this post by Stech)
9mo
Instead, it's a one-time upfront payment. An initial 2.4 billion investment up front. Not annually. So the schools are not getting 135 to 140 million a year. This 2.4 billion gets a 10% stake in the conference, so I assume that the conference pays 10% of their annual profits in exchange.
** Edited by wwhokie1 at 10/15/2025, 10:32:52 AM
(In response to this post by Stech)
9mo
plus what they get from the media deal too?
(In response to this post by wwhokie1)
I can't fathom what's in it for the pension fund and all their employe es
that expects some type of monthly payment. how much of a return which is interest for the life of the terms on 2.4 billion
(In response to this post by Stech)
9mo
On a personal note I have retirement funds in the CALpers system and I see this as a stupid investment with little return.
Two, the Big 10 schools would be crazy to turn it down. Giving up 10 percent for that much cash seems like a great deal. I struggle to see how UC makes a healthy return. 24 Billion valuation is crazy and I doubt many PE firms will do that deal. Makes me wonder if CAL has to be invited .
The P-1 seems great on the surface till you realize how many schools you're cutting out.
(In response to this post by Stech)
thank you. if it's 10% of gross income, it's a good deal for the pensioners
(In response to this post by goldendomer)
E
EDGEMAN
9mo
"Pensioners"...lol
(In response to this post by anotherdamnyankeehokie)
not sure why you think it's amusing term, I am one from a US company & get
mail regularly that refers to the broad group of retired/resigned employees that get monthly $ as "pensioneers" I guess it does sound a bit pretentious and fewer and fewer living Americans get any type of pension income.
(In response to this post by EDGEMAN)
E
EDGEMAN
9mo
...considered a pensioner.
(In response to this post by anotherdamnyankeehokie)
gotcha, I guess the term here is only used in conjunction with the
relationship that a company may have to a former employee getting a pension. I guess in generat US refers to same as a "retiree" or someone eligible for Social Security
(In response to this post by EDGEMAN)
9mo
doing something else. The only thing I can come up with to motivate them do that is a P1. I don't want a P1 (I want a P4 with similar revenues), but if they turn down Billions of dollars, then they have a more lucrative plan in mind. Clearly the gloves are off between the B1G and SEC, now it looks like there is an internal battle going one inside the P2's too. Do you have a better explanation, if they turn it down? Either way, it will be interesting to watch what the Blue Bloods do in the B1G.
** Edited by Stech at 10/14/2025, 5:09:01 PM
(In response to this post by goldendomer)
9mo
...which would be even worse than the garbage we have now.
(In response to this post by Stech)
9mo
the top, there will be other Conferences below them IMHO.
(In response to this post by MP4VT2004)
9mo
May not leave, but money will become very uneven and concentrated at the top. The enrollment cliff is driving this also.
(In response to this post by Stech)
9mo
and continuity of scheduling before they are going to put out the bigger bucks. The ACC as we know it is on life support, because schools are going to take $100M-$140M in another Conference, instead of $50M in the ACC. If the blue bloods of the B1G turn down this amount of money, they will likely form something with the blue bloods of the SEC and a handful of ACC and B12 schools for even more money. I donât like it, but there really isnât a realistic alternative to get them even more money. When Nick Saban said 32 (same as the NFL đ¤) on Gameday at the top, seems he knew something IMHO. However, letâs not get ahead of ourselves, letâs see if they turn it down, maybe they are just trying to get more money at the top of the conference for more eyeballs. Ratings over Rankings, Unprofessional Wrestling may be taking over more of College Football, too bad!! đ¤Ž
** Edited by Stech at 10/15/2025, 10:13:47 AM
(In response to this post by goldendomer)
T
TerryD
9mo
1) Under the multi-tiered distribution model discussed, USC would not receive as much as Ohio State, Michigan and Penn State, and
2) There is some hesitation to sign a twenty year GOR and possibly handcuff USC from joining a Super League in the future.
(In response to this post by goldendomer)
9mo
and how fast they are happening, I don't see how anyone could sign a 20 year GOR at this juncture. When you start talking about $140M a year however, I'm not sure how you can ignore the proposition. That's a lot of money.
(In response to this post by TerryD)
9mo
talked about 140M believe it or not could be low. I mean look at what the NFL does with 32 teams.
13 Billion a year, for 32 teams!!!
** Edited by Stech at 10/15/2025, 10:18:59 AM
(In response to this post by Big12 guy)
9mo
want any schools i follow to be a part of that. Including ND and IU (but they will be)
If that happens however, the rest of the schools should not schedule them if football, basketball, or any other collegiate sport.
Let them choke on their cake, and maybe the rest if the country can get back to playing college ball.
(In response to this post by Stech)
9mo
amounts are staggering.
The ACC locked it's conference into a long term media deal, the best of the power conferences at the time.
I can't imagine ANY conference ever doing that again.
(In response to this post by goldendomer)
9mo
(In response to this post by Big12 guy)