Oregon State, Washington State file complaint against Pac-12

[Water Pony]

ESPN Article by Pete Thamel

Fascinating action by OSU and WSU. I can't blame them.

"Oregon State and Washington State filed a legal complaint against the Pac-12 and commissioner George Kliavkoff on Friday seeking an emergency temporary restraining order to protect what the schools see as an "imminent and existential threat" to the future of the conference."

https://www.msn.com/en-us/money/compani ... 66e4&ei=14

[Topper]

With all of the high powered lawyers involved with these schools one would assume that somewhere along the way the charter and bylaws would have been artfully worded to govern the dissolution of the conference and its assets and the rights of the members up to the date of their formal departures.

[bubba pony]

I'm going to dumb this down for myself.
WSU and OSU are the only PAC 12 teams with voting power and vote they get all the below:
keep current $42 million assets. $117 - $77 million Pac 12 network = $40 million
$50 million to Pac 12 remaining members from men’s NCAA payments over 6 years.
Hence 42 + 40 + 50 = 132 million all for these two remaining PAC 12 members.

They invite the entire Mountain West Conference to join PAC-12, who of course accept. All PAC 12 naming rights remain with the rebuild conference.
Mountain West does not get any of the 132 million but can keep their meager amount earned as Mountain West members.

Perhaps the new PAC 12 will not be eligible for the College Football Playoffs, or maybe they will.
WOW

[Dukie]

I'm going to dumb this down for myself.
WSU and OSU are the only PAC 12 teams with voting power and vote they get all the below:
keep current $42 million assets. $117 - $77 million Pac 12 network = $40 million
$50 million to Pac 12 remaining members from men’s NCAA payments over 6 years.
Hence 42 + 40 + 50 = 132 million all for these two remaining PAC 12 members.

They invite the entire Mountain West Conference to join PAC-12, who of course accept. All PAC 12 naming rights remain with the rebuild conference.
Mountain West does not get any of the 132 million but can keep their meager amount earned as Mountain West members.

Perhaps the new PAC 12 will not be eligible for the College Football Playoffs, or maybe they will.
WOW

I’m not sure that total of ~$66M/school for the two of them even exceeds a per-school year in the SEC or B1G (remember we normally talk about the TV contracts, not all payments including NCAA MBB credits). I’m also not remotely sure they can liquidate and monetize the PAC 12 Network. But I hope they get it all, whatever the total actually is.

[birddogger]

A reverse merger was predictable. But I like the extra. Good for Wazzu and the Beavers

[novasmu]

I think that Oregon State and Washington State could do better a MWC merger. Invite the most desirable from MWC, American and independents to form a new conference of the best brands of the rest. Not perfect, but arguably better than an MWC +2.

Washington State
Oregon State
Boise State
San Diego State
Air Force
Navy
Army
Rice
Tulane
Temple

[Dukie]

I think that Oregon State and Washington State could do better a MWC merger. Invite the most desirable from MWC, American and independents to form a new conference of the best brands of the rest. Not perfect, but arguably better than an MWC +2.

Washington State
Oregon State
Boise State
San Diego State
Air Force
Navy
Army
Rice
Tulane
Temple

Not 10, 14:

USF
ECU
Memphis
Colorado State

[PonyKris89]

good move OSU WSU, I hope they get every $$ and more coming their way

[PNW_Stang]

I think that Oregon State and Washington State could do better a MWC merger. Invite the most desirable from MWC, American and independents to form a new conference of the best brands of the rest. Not perfect, but arguably better than an MWC +2.

Washington State
Oregon State
Boise State
San Diego State
Air Force
Navy
Army
Rice
Tulane
Temple

Better than the Big 12

[Graceland Tar Heel]

I'm going to dumb this down for myself.
WSU and OSU are the only PAC 12 teams with voting power and vote they get all the below:
keep current $42 million assets. $117 - $77 million Pac 12 network = $40 million
$50 million to Pac 12 remaining members from men’s NCAA payments over 6 years.
Hence 42 + 40 + 50 = 132 million all for these two remaining PAC 12 members.

They invite the entire Mountain West Conference to join PAC-12, who of course accept. All PAC 12 naming rights remain with the rebuild conference.
Mountain West does not get any of the 132 million but can keep their meager amount earned as Mountain West members.

Perhaps the new PAC 12 will not be eligible for the College Football Playoffs, or maybe they will.
WOW

I agree that Wazzou and Oregon St should get all the Pac has. I'm not sure that taking all 12 of the MWC football members would be best. I probably would prefer to get onto TX, with UTEP and UTSA, maybe even Texas ST and/or UNT. For league recruiting, having members in both CA and TX would be best.