Thanks for having me on the show again. Hopefully my insights were helpful to the viewers.

@Spitfirethedragon

19 күн бұрын

This is not a business. This is college teams. This is not how to fixed the college sports. It has to be that the SEC and Big 10 have to do revenue share with the rest of college sports. Those two conference are not worth that much money at all.

John this is by far one of your best guests. I enjoy Nick's perspective in part because it mirrors mine but also his specific expertise and the time he takes to research the specifics is really very impressive. Please continue to interview Nick. I have been saying for at least two years now colleges are going to completely run out of money even with things like renaming the Big 12. Top programs from coast to coast are already in debt and this before paying players and complying with Title IX. Remember, athletic directors have recently reported donor fatigue with this like NIL and there is no guarantee the Big 12 would get more TV money if they added teams like NC State and Pittsburgh. TV companies could be tapped out with little ability to pay more. This things is going to crater under its weight and then I believe we will end up with 4 or 5 tiers replacing conferences where tier placement is predicated on what colleges can afford to pay players, pay salaries and facility upgrades.

The only way I see this making sense for the B12 is if CVC somehow helps increase the B12 brand. I don’t see how that would happen. If CVC can’t help market the conference for increased returns, then all the risk is on the B12’s part.

@brainsmasher6617

19 күн бұрын

I don't agree. The Big XII schools need some money right now. Players want money; but they also want to make it to the NFL. They are not going to want to be 2nd and 3rd team in the Big 10 for 2 or 3 years when they can start one year in the Big XII and then jump to the NFL.

@PNWUte

19 күн бұрын

I'm sure that CVC can help's Big 12's brand--in Luxembourg ...

The best way forward for Big 12, ACC and any conference not named SEC and Big 10 is a Super League. Otherwise the Big 12 will do anything to make $1 in order to “close the gap” with the P2.

What bar did you find this guy in and how many drinks did he have before you talked to him?

This feels a lot like how GE appliances aren’t GE….the toasters are made/owned by one company and the Freezers are owned/made by another company, and washer/dryers by another company, lightbulbs by another.

I don't know that anyone has any idea as to the strategy the Big 12 is pursuing. What if the sponsorship of the Big 12 with Allstate is focused on the brand value of Allstate Insurance? What if the deal with the private equity firm was strictly the trade of NIL of athletes for recruiting (headhunting market value) both in college athletics and into the professional leagues? Are we all right about the revenue deals now?

Thanks John for this informative show. College sports fans outside of the the power two conferences need to wake up and realize that the existence of their athletic departments are under threat with the pay the player model combined with the inequity of the league tv contracts. If university administrations make the wrong decisions now, many schools' athletic departments will go bankrupt. The University of Arizona is probably already a lost cause. They bet on tv revenue of 50 million a year with minimal student athlete costs. Instead they are getting 30 million a year tv deal with an athlete payroll of at least 20 million a year. The department has no way to get out of debt. A one time infusion of cash will not get the Big 12 enough competitive juice to keep up with the power 2. It will only squeeze future income. The Big 12 needs to combine with other conferences outside of the power 2 and do their own thing. They should not compete with the power 2. Because of their alumni base, they will have fans that minor league teams don't. They would be better off, however, by having a complete break from the power 2 and not scheduling those schools or competing against them at all. Forget them just like they are a second NFL/NBA. Schools will need to keep player costs low and not try to compete with the power 2 schools. Big 12 schools will loose their best players to the power 2 each year, but there will be no way to stop that. I would rather keep my athletic department alive and have a chance to compete for a title at this new level, than become an also ran into eternity if the athletic department survives at all. The Big 12 has already lost. Brett Yormark's interests are not aligned with individual conference schools. He does best to maximize Big 12 competitiveness in the short term to the detriment of conferences schools long term viability. Schools need to say no to his extremely risky proposals.

If you keep harping on the money difference between the b12 and the SEC or b10, you are doing real damage to the conference's reputation.

The Big Slime 16. You know, the green stuff broke people pump into their leaky conference... I mean tire.

The ONLY way this works is if the Big 12 can invest this one-time money in such a way that it brings in more revenue, percentage-wise, FOREVER, than they are giving up to the private equity firm. But what could they invest it in? Mostly they spend money on salaries (employees, and now players). Even a new stadium would not last forever. Eventually it would have to be replaced, but the windfall money would be gone. If you can't afford to make loan payments on a new stadium out of current income, then you can't afford it.

Circling the drain all of “revenue” college sports.

5:32 Reasons that the Big 12 should say no to private equity deal starts here.

This would definitely come back to bite the B12 in the ###. Short term gains for long term destruction.

@lorenzohaynes3886

19 күн бұрын

We don't know that.

@grondhero

19 күн бұрын

If it's just a cash influx for a % of TV revenue, how will that be a long-term destruction?

@merl-bz1bx

18 күн бұрын

@@lorenzohaynes3886 slot machines and throwing dice is a don't know also. sometimes you win big and sometimes you lose everything.

This just sounds scary! It sounds like a forever thing. I still don't truly understand this path. What do you use the money for? Are you hoping to improve a program so much that they get a P2 invite? If the conference does it, doesn't that lock in all the schools to that conference forever? I see FL State doing and almost doubling their income from joining the P2. FL State using it to pay off the ACC. Just lost in this thinking.

@merl-bz1bx

18 күн бұрын

paying one player $2 million dollars yesterday was mentioned on social media towards a bball player. could you imagine paying 15 bball players that? that is just bball. $30 million dollars

Why not make all the colleges into for-profit schools. That is what you would be doing if you added private equity firm. This is not a pro sports league. I said no for this.

Weird comment. Saudi Arabia is firmly in the American "alliance sphere" as well. It was even founded by the US empire's predecessor, the British. It's the co-founder of the petrodollar. Is the comment based on Luxembourg being white? Saudi Arabia is one of the most American products ever, comprising tons of US companies and investment. A lot more than Luxembourg even has.

They might have to cut the non revenue sports; and let that talent go to the Group of Five schools.

@merl-bz1bx

18 күн бұрын

cutting sports would turn off kids and parents. parents and jobs would leave.

I think the Big 12 and ACC should go to the Ivy league model and let the BIG and SEC go off and become minor league football. It is a joke that these players will be student athletes. Won’t be long till the BIG and SEC will try to cut one another throats. Such a slimy business. Never hear student mentioned when you talk about football and basketball in the power 4 anymore. The president of Universities should have taken control of college sports 30 years ago.

I love it!!!! This is the way I bet. I bet $20 and I bet $100. I bet $100 on the Chiefs or I bet $20 on a parlay or prop bet.

This guy doesnt know jack S*** How many times does he say "i dont know"

Yikes. Enjoy!

Private Equity is the Loan Canon of corporate finance.

@Spitfirethedragon

19 күн бұрын

Private Equity is also the corruption of businesses when we are losing businesses out of business.

Big Piggly Wiggly Conference

Yormark is George Kliavkoff 2.0.

@TheTrombone60

19 күн бұрын

I think Yormark is much better than Kliavkoff. lol it's just seeing 15-20% is what concerns a lot of people. Yormark has done great up to this point with the Big 12. We just have to wait and see how this plays out over the next 1-2 years.

The guy looks stoned or just got out of bed. Doesn’t look like someone I would take financial advice from. Clean up dude

@dion4037

19 күн бұрын

It was his curtains in the background that did it for me. I mean how do you give someone financial advice with those curtains. Just unacceptable.

Is this guy drunk? Lol

Change the league name to Big Equity. The league mascot is a Red Lobster 🦞