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Message: [QUOTE="HtownOrange, post: 5520369, member: 622"] $2BB, split 20 ways over 20 years. Or $100MM/per team with the conference and PE each getting a share, spread over 20 years is merely $5MM/year. Or a QB under a 1 year contract at some schools. All we see is the cash flow in. PE does not work that way, they will want something in return. That $5MM per year share does not begin to pay back the $2BB initial cash outlay. PE will want collateral guarantees, too. The B1G are majority state schools and the legal issues with securing loans against property when the sovereign does not allow lawsuits to obtain the property in the event of a default is not collateral. PE will want much bigger returns than average. High risk high reward. Where is the new revenue generated from? In reality, even if the B1G could root out competition, no one outside of B1G fandom will watch NFL lite, nor will schools take a small payoff to be abused on a Saturday, they will demand $5MM or $10MM for body bag games. And most fans will remain loyal to their teams, there will not be as many watching B1G football as they dream. The SEC has already confirmed a P2 concept is not sustainable, now a P1 concept of 18 teams is going to do what even the NFL can’t do. We don’t need broadcasters anymore as games can be streamed easily. Especially when games can be streamed for lower costs. Think ESPN origins. It was just die hard fans having fun, a hobby turned into a business model. Before anyone gets excited, I would want to see the real terms. Does anyone think any school can jump merchandise and commercial ads to $5 in profit, probably double or triple to support the new marketing costs so revenue generated will need to be $10MM - $15MM per team per year to reach a $5 MM mark. Nebraska fandom is saturated, how will they generate additional revenue? Explain Rutgers, Maryland, Northwestern, Indiana, Illinois, et al. In truth, the bottom feeders and some middle range teams will merely be riding UM, tOSU and a couple other names’ coattails. If tOSU, UM, PSU and a couple others can generate enough revenue to support their profits and others profits, why not do it anyway under the present system? They would benefit far more from managing the new revenue generation than by sharing. There is a lot more to the story and it looks more like PE overstretching their true capabilities. People who don’t need money don’t borrow at loan shark rates. [/QUOTE]

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