Big 12 expansion - facts and figures
Posted: Tue May 03, 2016 12:52 pm
Yesterday, Bowlsby said the consulting firm, hired by the conference, indicated that expanding to 12 teams, adopting an 8-game conference schedule and hosting a CCG would increase the conference's chance of placing a team in the playoff by 5%.
He also stated that the current TV contract calls for a 9-schedule but it could be renegotiated.
According to Jake Trotter, the consulting firm also evaluated potential candidates.
The current TV contract is pro rated so that the fee would increase proportionally when new members are admitted; the current payouts, to current members, would not diminish.
A CCG could potentially bring in an additional $20M-$25M.
Bowlsby indicated that new members would be on a gradual curve to full distribution (TCU and WVU were on a 4-year curve - 50%, 67%, 83% and 100%). The curve might be longer this time around.
Other revenues (CFP, other bowls, NCAA tourney) range from $75M to $120M+. When the Sugar is not a semi-final, the Big 12 and the SEC each receive $40M (The BIG and PAC-12 have a similar arrangement with the Rose; the ACC gets $27.5M from the Orange). There is no pro rated compensation for having more members.
The Big 12 bylaws require 75% of the members to vote for expansion and a similar vote on any new members.
This week's meeting of the ADs will not result in any action. The presidents/chancellors have the only vote and they meet at the end of the month. It might give us an indication where the Big 12 is going.
He also stated that the current TV contract calls for a 9-schedule but it could be renegotiated.
According to Jake Trotter, the consulting firm also evaluated potential candidates.
The current TV contract is pro rated so that the fee would increase proportionally when new members are admitted; the current payouts, to current members, would not diminish.
A CCG could potentially bring in an additional $20M-$25M.
Bowlsby indicated that new members would be on a gradual curve to full distribution (TCU and WVU were on a 4-year curve - 50%, 67%, 83% and 100%). The curve might be longer this time around.
Other revenues (CFP, other bowls, NCAA tourney) range from $75M to $120M+. When the Sugar is not a semi-final, the Big 12 and the SEC each receive $40M (The BIG and PAC-12 have a similar arrangement with the Rose; the ACC gets $27.5M from the Orange). There is no pro rated compensation for having more members.
The Big 12 bylaws require 75% of the members to vote for expansion and a similar vote on any new members.
This week's meeting of the ADs will not result in any action. The presidents/chancellors have the only vote and they meet at the end of the month. It might give us an indication where the Big 12 is going.