Looks like Stanford/Cal/SMU to ACC may well happen (1 Viewer)

[Carm]

ACC meeting on Stanford, Cal, SMU rescheduled for Friday: Sources​

By Stewart Mandel and Nicole Auerbach
10m ago
1

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ACC presidents will meet Friday to discuss and potentially vote on the additions of Cal, Stanford and SMU, two league sources and one industry source told The Athletic on Thursday.
The conference had postponed a planned meeting earlier in the week following Monday’s fatal shooting of a professor on North Carolina’s campus.

The ACC has been discussing potential expansion since shortly after the Pac-12 lost six of its 10 remaining members in late July and early August, putting that conference’s future in jeopardy. The ACC needed 12 of 15 members to support expansion, but a straw poll taken in mid-August came up one vote short, with Florida State, Clemson, North Carolina and NC State opposed.
In the weeks since, commissioner Jim Phillips has presented various financial models aimed at achieving the necessary votes. As part of the ACC’s long-term deal with ESPN, the network must pay a full pro-rata share for any new members.
Multiple conference sources said SMU is willing to accept no ACC media rights revenue for at least seven years, and Stanford and Cal would begin at around 30 percent, freeing up a pool of more than $70 million of new money to be distributed among the current members starting in 2024-25. Cal and Stanford’s shares would escalate annually over 12 years until they reach full membership.
Per the ACC’s 2021-22 tax return, the league made $443 million in TV revenue, the equivalent of $29.5 million per school, a number expected to rise modestly each year.
That new pool of money is expected to be used to reward schools for on-field performance in a new revenue-distribution system, helping the schools that invest heavily in football (such as Florida State and Clemson) to work toward closing the financial gap with their peers in the SEC and Big Ten. The ACC is expected to reward schools for College Football Playoff participation, conference championships and other benchmarks.
Cal, Stanford and SMU would be required to sign the ACC’s grant of rights, which runs through 2036. Though they would receive either no or partial media rights revenue, the three members would still receive other league revenue tied to the CFP and the NCAA tournament.

 

[herbsinator]

Still trying to figure out how the hell SMU shoe horned themselves into this.

 

[Pepe Silvia]

Still trying to figure out how the hell SMU shoe horned themselves into this.

their boosters are covering their first 7 years in the ACC, so they provide access to the Dallas market for free

 

[Stan Raymond]

Short term solutions to keep Florida St and Clemson in the fold for awhile. The ACC will break up when it makes financial sense for Florida St and Clemson to go elsewhere. When that time comes it makes no difference if Cal, Stanford and SMU are a part of the ACC or not, the B1G and SEC will carve up the ACC and take whoever they want leaving a shell of a conference to wither and die.

 

[Carm]

Short term solutions to keep Florida St and Clemson in the fold for awhile. The ACC will break up when it makes financial sense for Florida St and Clemson to go elsewhere. When that time comes it makes no difference if Cal, Stanford and SMU are a part of the ACC or not, the B1G and SEC will carve up the ACC and take whoever they want leaving a shell of a conference to wither and die.

Yes, it actually makes good financial sense for FSU and Clmeson to take this money now and blow up the conference 5-7 years down the road when it is cheaper and the TV contracts of the B1G and SEC are near expiration

 

[MtnHusker]

ACC meeting on Stanford, Cal, SMU rescheduled for Friday: Sources​

By Stewart Mandel and Nicole Auerbach
10m ago
1

---

ACC presidents will meet Friday to discuss and potentially vote on the additions of Cal, Stanford and SMU, two league sources and one industry source told The Athletic on Thursday.
The conference had postponed a planned meeting earlier in the week following Monday’s fatal shooting of a professor on North Carolina’s campus.

The ACC has been discussing potential expansion since shortly after the Pac-12 lost six of its 10 remaining members in late July and early August, putting that conference’s future in jeopardy. The ACC needed 12 of 15 members to support expansion, but a straw poll taken in mid-August came up one vote short, with Florida State, Clemson, North Carolina and NC State opposed.
In the weeks since, commissioner Jim Phillips has presented various financial models aimed at achieving the necessary votes. As part of the ACC’s long-term deal with ESPN, the network must pay a full pro-rata share for any new members.
Multiple conference sources said SMU is willing to accept no ACC media rights revenue for at least seven years, and Stanford and Cal would begin at around 30 percent, freeing up a pool of more than $70 million of new money to be distributed among the current members starting in 2024-25. Cal and Stanford’s shares would escalate annually over 12 years until they reach full membership.
Per the ACC’s 2021-22 tax return, the league made $443 million in TV revenue, the equivalent of $29.5 million per school, a number expected to rise modestly each year.
That new pool of money is expected to be used to reward schools for on-field performance in a new revenue-distribution system, helping the schools that invest heavily in football (such as Florida State and Clemson) to work toward closing the financial gap with their peers in the SEC and Big Ten. The ACC is expected to reward schools for College Football Playoff participation, conference championships and other benchmarks.
Cal, Stanford and SMU would be required to sign the ACC’s grant of rights, which runs through 2036. Though they would receive either no or partial media rights revenue, the three members would still receive other league revenue tied to the CFP and the NCAA tournament.

can you imagine the cost or lost revenue for all of the away games for the sports that don't generate positive revenue? Stanford has the serious coin but they also have the most Power5 sports teams. And that will be so hard on the students with missing classes as that is basically 1 day travel time there and 1 day travel time back. Most of those flights will be around 5 hours each way plus however long it takes for buses to get them to the hotel. With all of the issues with airlines cancelling flights I would almost think they would need to fly all student athletes private jet.

 

[Baron Winnebago]

can you imagine the cost or lost revenue for all of the away games for the sports that don't generate positive revenue? Stanford has the serious coin but they also have the most Power5 sports teams. And that will be so hard on the students with missing classes as that is basically 1 day travel time there and 1 day travel time back. Most of those flights will be around 5 hours each way plus however long it takes for buses to get them to the hotel. With all of the issues with airlines cancelling flights I would almost think they would need to fly all student athletes private jet.

Stanford should just open an Atlanta or DC campus for athletes

 

[MtnHusker]

Stanford should just open an Atlanta or DC campus for athletes

Stanford can handle the cost due to being Scrooge McDuck levels of rich. But Cal will struggle as they are hampered on what they can spend due to being a public school in one of our most Liberal states.

 

[Carm]

Stanford can handle the cost due to being Scrooge McDuck levels of rich. But Cal will struggle as they are hampered on what they can spend due to being a public school in one of our most Liberal states.

their athletic department is also in deep deep debt

 

[Baron Winnebago]

their athletic department is also in deep deep debt

Yeah I don't know how this will work without boosters coming out of the woodwork to defray costs

 

[Huskersballz]

Those Cal vs SMU ACC Conference games will be real barn burners