Big 12 Cease & Desist Letter to ESPN

[redpony]

Info from the Texas senate: lawmakers dug into the future of the Big 12 without the Sooners and Longhorns. Bowlsby said the TV contract value would take a 50% hit.

They now get 34mil so the new value would be 17 mil. Wonder how soon ESPN will start renegotiating a new deal with the 'left over 8". Can not imagine they will pay full price w/o UT and OU.

[Water Pony]

Info from the Texas senate: lawmakers dug into the future of the Big 12 without the Sooners and Longhorns. Bowlsby said the TV contract value would take a 50% hit.

They now get 34mil so the new value would be 17 mil. Wonder how soon ESPN will start renegotiating a new deal with the 'left over 8". Can not imagine they will pay full price w/o UT and OU.

https://www.espn.com/college-football/s ... -leave-sec

[JasonB]

Info from the Texas senate: lawmakers dug into the future of the Big 12 without the Sooners and Longhorns. Bowlsby said the TV contract value would take a 50% hit.

They now get 34mil so the new value would be 17 mil. Wonder how soon ESPN will start renegotiating a new deal with the 'left over 8". Can not imagine they will pay full price w/o UT and OU.

It is much lower than 50%. Keep in mind he can't devalue his teams too much since they will most likely be off promoting their value to other parties externally soon.