Mercy watching podcast today - -breaking BIG breaking news. Looks like Brett ?Yormork trying to insure stability of the Conference. -Big 12 Considering a one Billon from private equity for 20 % of the Big 12 .
It's risky to do this , BUT also very risky if you don't. - -We have got to get up to that 22 Million payout or were in trouble , gonna get left behind. Looking at it as trying to keep up with the BIG & SEC at least stability of Conf.
Brett McMurphy said Naming Rights Partner very well could be All State deal values between 30-50 Millon , Big twelve needing the Cah now betting on the future.- - Risky to do it BUT also very risky to not.
Example they were giing is if you don't your gonna get burnt, left behind. Taht 3-4 * fo
otball player you were in a recruiting battle with - - -forget the Michigan's- -Ohio States--the bigger boys , but even the battles of Purdue - -Rutgers , Nebraska's you don't do this you can't match these scho
ol's offers then - -they not coming. Same in Basketball . Baseball, you gonna get your ass kicked - - -you have to do this -Sure it'sa gamble But the results if you don't - - -
This just coming out today, Big--they talking about it now. - -My question would be what 20% of the Big twelve get their part of this money? -What happens to the other Schools
Edit from ESPN , Pete Thammel reporting that this deal could be worth Hundreds of Millions of Dollars over the Course of the Deal , could end up as one of the largest Commerical deals in the history of Collegiate sports , not including media rights.
Whoever would be the rights partner would probably remove the Big Twelve from the Name- - So if it was All State the Big Twelve would become te All State Conference