arbitragegls
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- Aug 26, 2011
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As promised, here is my latest update...surely not as specific as some would like, but as someone during football game indicated...dig deep arbi...so i have:
...and so it goes with $$$$ for athletics. A quick history lesson just received from my source (also indicated, stay calm and watch the outcome over next several months)...
Fox, owned by Murdoch happens to own a large percentage of the BTN (B1g Network). So what is the big deal...Murdoch has/is negotiating a significant share of YES...that is right, the NY Yankee cable system that includes the Yankees, Nets, and Madison Square Garden...as well as Fox Sports.
Importantly, YES is in 15,000,000 homes and provides significant POTENTIAL carriage for the BGN. Now why Maryland and Rutgers. First Maryland:
1. Maryland is in a poor financial position. Just dropped 7 athletic teams in olympic sports and needs an infusion of $$$ to basically stay afloat. This has been know for some time. Additionally, Maryland has Under Armour as an alumn who just recently sold $65,000,000 in shares...and could help Maryland move conferences if necessary.
--Maryland is in need of $$$$$ for its athletic teams and the B1G and BGN will provide that...it is purely a MONEY move if it happens.
--Addtitionally Maryland is a CIC institution like many in the B1G so from a research perspective it meets the core of the B1G well...
2. Rutgers wants out of the BE and needs dollars also. Rutgers is thought by Fox to provide a college sports entire to the NYC market and to the 15,000,000 Yes subscribers.
So does this go down...probably better than 50-50; especially since Maryland has not discussed much with the ACC in past month. Also, it was noted by Notre Dame no big deal if Maryland leaves...Notre Dame eventually will come in full to the ACC.
So what teams are being considered...and must indicate nothing may happen in very near future if Maryland leaves...lots of exit fee $$$ to play with as well as shaking out and determining which teams would replace/fit Maryland. Interestingly, the following suspects have discussed potential association with the ACC (not in any order of priority):
1. Navy
2. Vandy
3 Uconn
4. Louisville
5. number of other universities...several in other major conferences
The feeling is that a university with a known football team is preferred in order to keep FSU and Clemson happy...and academics may have to be brushed aside a bit especially if a university is demonstrating good growth in academics that would indicate its academic image will rise over time.
Discuss!
...and so it goes with $$$$ for athletics. A quick history lesson just received from my source (also indicated, stay calm and watch the outcome over next several months)...
Fox, owned by Murdoch happens to own a large percentage of the BTN (B1g Network). So what is the big deal...Murdoch has/is negotiating a significant share of YES...that is right, the NY Yankee cable system that includes the Yankees, Nets, and Madison Square Garden...as well as Fox Sports.
Importantly, YES is in 15,000,000 homes and provides significant POTENTIAL carriage for the BGN. Now why Maryland and Rutgers. First Maryland:
1. Maryland is in a poor financial position. Just dropped 7 athletic teams in olympic sports and needs an infusion of $$$ to basically stay afloat. This has been know for some time. Additionally, Maryland has Under Armour as an alumn who just recently sold $65,000,000 in shares...and could help Maryland move conferences if necessary.
--Maryland is in need of $$$$$ for its athletic teams and the B1G and BGN will provide that...it is purely a MONEY move if it happens.
--Addtitionally Maryland is a CIC institution like many in the B1G so from a research perspective it meets the core of the B1G well...
2. Rutgers wants out of the BE and needs dollars also. Rutgers is thought by Fox to provide a college sports entire to the NYC market and to the 15,000,000 Yes subscribers.
So does this go down...probably better than 50-50; especially since Maryland has not discussed much with the ACC in past month. Also, it was noted by Notre Dame no big deal if Maryland leaves...Notre Dame eventually will come in full to the ACC.
So what teams are being considered...and must indicate nothing may happen in very near future if Maryland leaves...lots of exit fee $$$ to play with as well as shaking out and determining which teams would replace/fit Maryland. Interestingly, the following suspects have discussed potential association with the ACC (not in any order of priority):
1. Navy
2. Vandy
3 Uconn
4. Louisville
5. number of other universities...several in other major conferences
The feeling is that a university with a known football team is preferred in order to keep FSU and Clemson happy...and academics may have to be brushed aside a bit especially if a university is demonstrating good growth in academics that would indicate its academic image will rise over time.
Discuss!