BleedGopher
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per CBS:
There is still no tangible momentum for Big 12 expansion at the moment, several sources said. CBS Sports reported last week there is a 50-50 chance the league won't expand after an elaborate process that started in earnest in July.
Bowlsby acknowledged that one option with ESPN and Fox could be the networks paying the league not to expand. The current contract calls for those rightsholders to pay pro rata -- current equal value revenue -- to any new teams entering the league.
"It's plausible," Bowlsby said. "It's among a whole wide range, array of possibilities. I suppose that's one possibility. Nobody really enjoys paying more for what they already own."
Such a move could conceivably mean a net savings for the rightsholders. ESPN and Fox could be on the hook for $800 million to $1 billion in Big 12 revenue, per the current contract, if the conference adds four teams. SportsBusiness Daily reported in August that the networks are against the Big 12 expanding outside Power Five conferences.
The league is currently considering 11 finalists, all of which are independent or from Group of Five conferences.
If the Big 12 does expand, another possibility includes ESPN and Fox requesting an extension of the grant of rights for cost certainty.
http://www.cbssports.com/college-fo...grant-of-rights-extension-ranking-candidates/
Go Gophers!!
There is still no tangible momentum for Big 12 expansion at the moment, several sources said. CBS Sports reported last week there is a 50-50 chance the league won't expand after an elaborate process that started in earnest in July.
Bowlsby acknowledged that one option with ESPN and Fox could be the networks paying the league not to expand. The current contract calls for those rightsholders to pay pro rata -- current equal value revenue -- to any new teams entering the league.
"It's plausible," Bowlsby said. "It's among a whole wide range, array of possibilities. I suppose that's one possibility. Nobody really enjoys paying more for what they already own."
Such a move could conceivably mean a net savings for the rightsholders. ESPN and Fox could be on the hook for $800 million to $1 billion in Big 12 revenue, per the current contract, if the conference adds four teams. SportsBusiness Daily reported in August that the networks are against the Big 12 expanding outside Power Five conferences.
The league is currently considering 11 finalists, all of which are independent or from Group of Five conferences.
If the Big 12 does expand, another possibility includes ESPN and Fox requesting an extension of the grant of rights for cost certainty.
http://www.cbssports.com/college-fo...grant-of-rights-extension-ranking-candidates/
Go Gophers!!
