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Per CBS claiming multiple sources:

Pac-12 commissioner George Kliavkoff presented details for a potential media rights deal to leaders from member institutions at a meeting on Tuesday, though ultimately no agreement was reached, according to multiple reports. Another meeting is planned soon with both sides remaining hopeful a deal can be reached.

https://www.cbssports.com/college-football/news/pac-12-commish-presents-potential-tv-deal-to-school-leaders-with-no-agreement-being-reached-per-reports/

John Canzzano @johncanzanobft tweets:

"Pac-12 board meeting was "positive", per a source. The quote I got included the phrase "excited and aligned."

Why hold another meeting?

Some members of the Pac-12 CEO Group need to get final approval.

More soon."

@RossDellenger tweets:

"Pac-12 presidents & ADs, as expected, met this morning & were presented with details of a TV deal, sources confirmed to @YahooSports. Executives left the hour-long meeting with no agreement but with the expectation of eventually concluding a deal.

Another meeting is planned soon."

Stewart Mandel @slmandel tweets:

"If you were hoping for a neat and tidy resolution to Pac-12 media rights today -- no dice.

The board was presented specific deal options (including $$ figures), but there was no vote yet to approve something, according to a source with knowledge of the discussions."

thanks for the updates. and now we get to wait for more drama to unfold.

https://twitter.com/PeteThamel/status/1 ... 6415263746

Sources: The primary deal presented to Pac-12 executives/ADs today was an primarily Apple streaming deal. The deal would have incentivized tiers, which would give it strong upside *if* certain subscriptions numbers are met. w/
@CFBHeather

No decisions on the deal or any schools pondering other options are expected immediately. Campus leaders are digesting the possibilities of a stream-centric future and the variance in potential income. The money piece is tricky because of the variables of subscriptions.

The PAC12 AppleTV deal better have the same guaranteed money as the Big12 deal, PLUS incentives that bring them over the top.

Otherwise, why take the risk if you can leave to the BIG 12 / BIG10?

I'd rather my team show up on ESPN / FOX with guaranteed money.

My prediction:

All who can leave PAC12 for greener pastures, do so now.

SMU joins what left of the PAC12 on a weaker media deal. Better than AAC, but what's left will hardly resemble a P5 anymore.

Blvd_Stang wrote:https://twitter.com/PeteThamel/status/1686453666415263746

Sources: The primary deal presented to Pac-12 executives/ADs today was an primarily Apple streaming deal. The deal would have incentivized tiers, which would give it strong upside *if* certain subscriptions numbers are met. w/
@CFBHeather

No decisions on the deal or any schools pondering other options are expected immediately. Campus leaders are digesting the possibilities of a stream-centric future and the variance in potential income. The money piece is tricky because of the variables of subscriptions.

Well, that would certainly get me to keep my Apple+ subscription all year long, as opposed to subscribing and unsubscribing based on the occasional movie Apple releases that I might want to see. College athletics (i.e. various sports) would keep me interested basically year-round.

P.S. If you haven't seen them, Greyhound and Spirited should have both run away with Oscars.

Blvd_Stang wrote:My prediction:

All who can leave PAC12 for greener pastures, do so now.

SMU joins what left of the PAC12 on a weaker media deal. Better than AAC, but what's left will hardly resemble a P5 anymore.

The AAC won't get more money but they might get more viewers than the PAC on Apple.

Per ESPN sources:

After months of negotiations and uncertainty, Pac-12 commissioner George Kliavkoff on Tuesday presented the conference's presidents and chancellors with a potential, primarily subscription-based Apple streaming deal for its television contract that expires after this school year, according to multiple sources.

According to sources, the first year of what's expected to be a relatively short-term contract with Apple would start in 2024-25 and begin relatively low relative to the league's hopes. But the deal, sources said, would incrementally improve and potentially be competitive with its peers in the Big 12 and ACC down the road, provided certain subscription numbers are met.

full story here: https://www.espn.com/college-football/story/_/id/38116124/sources-pac-12-leaders-presented-apple-streaming-deal

Would “potentially” be competitive down the road? They’re toast. Ugh.

I guess the depopulation of the PAC 12 means SMU will coast into what's left.

PAC 12 TV Deal vs. Status QUO

According to article below, AAC's current TV deal, which runs through the 2031-32 academic year, pays about $7 mill per year. If the PAC gets even half of what the Big 12 is getting then it's a good deal in the short run. What happens in the long run will depend what the nine holdovers do. I assume there will be more vacancies.

https://www.on3.com/news/conference-tv-deals-current-status-college-football/

The number I heard was around ~19 million per school for the Apple deal. Not only would that be all games are streaming only and require a subscription, but the football package would be an addon to the standard subscription. More money for the school, but less people actually watching the game and almost no casual football fans tuning in. What does this do to recruiting?

The longer this goes with nothing, the more teams are going to look to bail. Arizona Board of Regents called a last minute meeting today. Things are looking a little sketchy.