FSU's Money Perch Massive Update! New Letter, New Info. Table Has Been Set!
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- čas přidán 22. 05. 2024
- Surprising new update from PATC's FSU Money Perch.
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I think the FSU MP is not saying he thinks the B1G will pay full immediately, but that the SEC hurdle is they've got to give them full or they won't even consider it.
If FSU was smart they would request B1G revenue to go to the SEC and an extra $500M yearly that they would have received in the B1G for AAU membership.
@roris5882 To heck with that. Big10 can have FSU. Not that valuable. Lucky to get full SEC compensation. Lucky to get considered under all the circumstances.
Ngl. If the SEC gets FSU and Clemson, after getting OU and Texas… that’s elite badassery.
All aspects of the FSU campus. The B1G Academic Alliance brings in more research money than does the SEC, ACC & IVY combined. These are part of everything the B1G will bring to the table. The SEC is unable to come close.
Start: 2:55 ; resume: 1:22:00 reading: 35:30 ; calls start: 50:00
Greg's best drum solo!!!
2:12:56 There are no other Power Conferences... B1G and the SEC are it.
Letter starts at 35:30
Thanks
Remember that the ACC got the big Orange Bowl check this year for their peak revenue, while Big XII did not get Sugar Bowl check. This happened once every 4 years and let them barely beat the Big XII money. Going forward neither one gets the Bowl money, and the Big XII's base pay is going up.
True, however, the big 12 is also adding 2 net schools or 13.3 percent. The ACC is adding 3 but one (SMU) gets nothing lol, and 2 get like 11 million. My understanding is the 3 do get the full playoff money but not the regular contract which includes ACC network money.
@JohnDoey-vy6fo The 3x ACC adds get a full prorata on the ACC contract but their shares are being paid to FSU, Clemson & the other prior menbers to line their pockets. But what happens to the 3 adds once FSU, Clemson, et al., leave ? That's a-material change, so the 3x ACC adds have a basis to require a full share at that point - no one else is really any better in terms of histotical performances or media viewership, or both.
@@CharlesFosterMalloy Very interesting. Articles I read vary wildly and are often filled with inaccuracies so analysis can be difficult. I have read that ESPN is paying 24 million yearly per new expansion schools. 3 teams = 72 million (Have you heard this?). Cal/Furd will take 11 million each the first-year going up a-million-a-year while SMU gets none of that until year 10? So yeah, it seems the non SMU/Cal/Furd ACC teams will get 50 million divided among them. There is also guaranteed money coming from the ACC Network with the vast gains of California and Texas. Cable networks have to pay the guaranteed agreed upon state rate which ESPN pushes through its Disney/ESPN package. The ACC is not broke and even gained more money this year than many expected. This cash infusion is before the additional money from the ACC network and separate 24-million per year additions are added. Now of course, it will not come close to SEC/BIG, however, ACC ratings and brands are not close to the expansion included SEC/BIG.
Jack Swarbrick was not incorrect when stating that the ACC contract is not as bad as perceived and that FSU/Clemson might find out they have no spot to land. I am of the OPINION that Florida's gauranteed- cable rates (for the BIG, SEC has UF) coupled with FSU ratings are enough that FSU is probably safe. In my opinion, Clemson and certainly UNC/Virginia are rolling the dice especially with Texas/OU July votes. As far as the contracts materially changing, I agree it is possible that FSU could trigger a full-rate for Oregon/Washington which would make adding FSU extremely costly. UO/Washington are starting out at 30 out of a reported 71 million and the extra 12 million or so from the BIG network is not included. That means UO/ Washington are missing out on about 50 million each every year. If Fox adds FSU at 75 million plus they need to add the additional 100 million for the PNW teams, that is a boatload of cash this cycle.
Most logical is North Carolina, Virginia, West Virginia and Kansas to SEC. B1G adds Florida State, Clemson, Miami, Georgia Tech. Pitt, VaTech, Louisville, NC State, Duke, USF to Big 12. That gives the B1G a quad in the southeast and a quad out west. Travel pods. SEC remains contiguous and expands footprint with flagship universities. Big 12 survives with an eastern wing.
SEC will not take WV nor Kansas.
@@waynebennett745 They took Missouri, they'll take Kansas.
USF to BIG 12? 😂😂😂😂😂. They are not adding USF.
@@A100-ND How does that compare?
If logic was involved, none of this would be happening
Every one who continues to say MIAMI to the Big 12 are not being logical. Greg has stated that the B1G is VERY INTERESTED IN and WANTS MIAMI. Therefore, if MIAMI LEAVES the ACC, then MIAMI will in fact be coming to the B1G.
Florida State to the Big Ten. Not the SEC
go noles! 👋👋👋
No more talk of the Power 2 it's the Plutocratic 2.
The Semi-Pro League and Amateur
This money perch seems to be jumping the gun
I wondered that as well. Sec tampering if they reached out to talk numbers with Fsu right now?
The FBI is listening... like they always are.
... or jumping the shark ???
One thing that might work in the SEC's favor is that ESPN can do like they did with OU/UT, and that is not demand any damages, so that the GoR amount goes to zero, which could make the SEC package worth more than going to the B1G.
Is ESPN going to pay the ACC leftovers double the revenue they are now, for 25 more years, to destroy their conference?
Exactly !!!
@roris5882 no, but they will pay them what they are already paying them, match Big12...
@@roris5882 ESPN is not going to pay them anymore than what is owed until 2027 IF teams exit or are exiting. They are not interested in the bulk of the ACC. Most of it is already on ESPN+, and has been for years. And, they could decide to facilitate instead of fight at any time.
@@CharlesFosterMalloy They don't match the Big XII, and that will drop drastically if they lose teams beyond 2027. ESPN is more likely to facilitate moves than save the ACC.
I still believe that Fox/B1G will get FSU/Miami. And Immaculate is spot again with the value that the B1G and FSU bring to each other compared to what the SEC would.
Agreed. The letter read as the FSU leadership and state political leaders want in the B1G. But the SEC is still in play with an offer they can't refuse. I mean, that's true for every program. The SEC is more than in a good enough position to refuse FSU.
Agreed. I have FSU/Miami to the BIG10. I think it’s UNC/Clemson to the SEC. I think it’s going to take a year of lag time for UNC to work it out in NC.
@@brandonstrickland580 UNC might have no way to get out. Even its trustees are divided let alone the BOG with NC. State grads. The Bog has reasons to keep UNC tied to NC. State at all costs. NC State alums will have no problem making UNC stay even if it means hurting UNC. Not only does the BOG have the power, but the plausible deniability since a decision to cripple UNC's brand will be assessed as looking out for NC. State and the entire state of NC. Moreover, some of these boards of governors graduated from Duke and Wake, so they can find reasons to protect Duke and Wake without publicly stating them.
@@brandonstrickland580 Clemson + UNC + NCSt +1 to the SEC. Will the +1 be FSU ? Or someone else ? Maybe Kansas ? Or OkSt ? Or WVU ? Or Ga Tech ? Texas Tech ???
@@heartbreak25LOL.
The “Money Perch” letter is very strange and it is one of these things that you need to play Columbo and examine clues carefully. The main question is why did the author write this? Let’s look at a few parts: First off, mentioning how much better OU & UT will be but not USC. The Trojans are also getting a full Big 10 share ( plus being out of a zombie Conference). At the same time the author notes the powers at FSU prefer the Big 10. It is also noted FSU will settle for the higher number. If I am the ACC, I hear this ( and how much better FSU will be) and I would think FSU is desperate and I am even more determined to dig In and have my floor be $500m. The “ Money Perch” has to know this. They also have to know any SEC number will be the same as Florida ( the Pro Rata Clause). Maybe the personal preference is the SEC, but besides that, maybe this is a letter to ESPN, saying “If you don’t want Fox taking us, you better step up, because leadership prefers the Big 10?” Anyway a very strange letter. I would love to hear feedback. Pro and Con.
Yeah, the USC thing was strange as a large aspect of the Trojans football history includes beating the best BIG team at the Rose Bowl. USC has won like 25 Rose Bowls and has a winning record against Michigan and Ohio St. I looked it up and USC is 6-2 vs. Michigan all time in the Rose Bowl. Conversely, Texas/OU do not have substantial big game history similar to the Rose Bowl which put up similar numbers to many Super Bowls well into the 1980s. The USC move was partly based on head-to-head history or in epistemology = known-knowns. I agree the letter is strange in its entirety.
As a FSU fan, I agree about the letter. Not sure who the real target audience is.
It is also missing reference to any new leverage that would cause the ACC to accept any settlement number now instead of dragging their feet until after February
just like with Big Ten Man, these sources have their own agendas and are counting on greg getting the word out, not just to fans, but also to the people closer to the decisions. everything they tell him should be understood as lying on a continuum between what they think is happening and what they are trying to make happen
I always had a feeling Acc would just drag this out and force Fsu into desperately settling for the Sec and Espn to 'just get out'... becoming the Gators little brother as Finebaum stated.
In the Bible the little brother was always the better one
@@noles9998 True!
Hiwever espn hates the bible and anyone who believes it. They would bury fsu 😒
@@noles9998 That's why the B1G is better.
Just opinions and Playing Devil's Advocate. Could that letter, if real, be strategically leaked? "Hey SEC, if you want us, you better step up to the plate!" Since they are stuck in the ACC until 2036 and can't get out. Why does ESPN/SEC have to do anything? ESPN can just keep them in their agreement or FSU can pay A LOT of money. (Got them by the balls?)
With all these FSU fans saying "we want the Big Ten!" Is that cover to make the SEC want them more? To help with cost? FSU in the Big Ten would be on an island and doesn't make to much logistical sense. I guess they could bring Wilson (Clemson) with them. The SEC already has the flag in Florida. I believe it makes more sense for the SEC to go after UNC/UVA, if they can escape the ACC with their lives. It's been reported time and again for the better part of a decade that FSU/Clemson/UVA/UNC would end up in the SEC. That was before the behemoth Texas entered the SEC. I don't see any real long term value that Clemson would bring to the SEC. Oh and War Damn Eagle!
The brave new world has started
Big 12 in 2026:
WEST: Utah, BYU, Arizona, Arizona State
CENTRAL: Colorado, Kansas State, Iowa State, Oklahoma State
SOUTHWEST: Texas Tech, Baylor, TCU, Houston
NORTH: Louisville, Cincinnati, Pitt, Virginia Tech
SOUTHEAST: North Carolina State, Duke, USF, UCF
(Kansas and West Virginia to SEC)
Kansas and West Virginia to SEC? 😂😂😂😂😂😂😂😂😂😂
Arizona State, Kansas, Utah, and Colorado are going Super.
(Kansas and West Virginia to SEC) No, just no.
@@Knowityall
Highly likely
Right behind FSU, Clemson, UNC... maybe NCSt ?
Let’s gooooo
SEC: Clemson, UNC, Kansas, Oklahoma State.
B1G should add more West teams with FSU, but they’ll probably respond to losing out on UNC & Kansas by adding Virginia instead.
UVA does not even bring Washington DC to the Big 10. They already have that market with Maryland
Arizona State
They have all signed on.
2:05:40 Super 2, Power 2 - what difference does it make? At this point it is the B1G and the SEC's world and everyone is just living in it. Everyone else is irrelevant.
If that's true, then the "Power 2" have nothing.
ESPN Does not want Fox in the hen house so to speak - full shares for FSU & Clemson to SEC
Sorry to disappoint you but, FSU's BOD wants ABSOLUTELY NOTHING TO DO WITH THE SEC & ESPN. Anyone with any ears know this is in fact reality.
it is more then just full shares, there is more incentives that might actually have to be in play. full shares in sec < full shares to big10.
@@drakthorsOdinson i agree, but flying to every away game in the Big 10 vs taking a bus to maybe 7 of your conference games in SEC for your athletics department has to be a pretty big incentive IMO.
Full shares of SEC revenue is still less then the B1G's. Plus the B1G can provide AAU membership and the SEC cannot.
@@allenbarrett1072 big game james breaks it down. fsu to bc is a wash to any big 10 country. cal smu stan. would be big bus rides for sure. I think b10 is the better move overall. SEC for the pure football.
The way I see it it is the ACC is going to want Lease to OWN type money from any private equity firm. (Poach charge) it works like this:
OK, private equity, do you want to take our premier teams and go conference elsewhere?
Here's the lease, 5 million per team, per year, for a period of ten years before ownership..... SO
the SEC HAS 16 teams, if private equity wants to take FSU to conference with 16 alien teams
Then that's 5 times 16 or 80M per year, times 10 years, or 800 milion dollar flat exit fee.
If private equity cannot pay that up front, then add interest or look-in clauses, that raise the per alien team yearly lease to 6 or 7 million per team as value increases or to adjust for inflation. The lease also increases if SEC adds another team, say from the B12 or independents . 17 opponent teams = 17x5x10. 85M or 850M flat.
Anyone who does not think the B1G will give FSU everything, the B1G seriously has much more the the SEC.
GoR money goes to the conference, but it is then paid to the network damaged by the loss. The schools don't get anything.
I dunno if it works like that.
@Rene Rocha - LSU, where Brian Kelly already is making excuses? Iowa, the no-offense team? Let us know which CFB "power" is the one.
@rene rocha - 863 Canes-Noles-Bulls-Owls-Knights
just my 2 cents most of us thought it would be 120m to 150m to settle. so possibly 200-300m but to make 65m more a year on average. x 10 years, 650m - 300m =350m profit + the research $$ etc, conference benefits etc. As a long time noles fan. I would tell you even 500m its still ok. FSU will be competing for champion ships unlike miami.
The miami caller did irk me a bit. the ego thinking they arent staying in the ACC or going b12 or back to the big east. is more real life logical then big10 taking 2 florida schools to me. it doesnt really make that much sense.
my opinion is i think its actually a highest bidder lean more then anything. remember folks this is chess not checkers.
I’m new to following realignment stuff. Who’s this genetics person people post about on X?
Terrible Twitter “insider”. Used to rip off Greg’s info without reference. Info was way off and then started attacking Greg. I blocked him at that point
He is a punk coward who hides his real identity and has never gotten a single prediction right.
He was very good on Big Mountain yesterday.
An anonymous 🤡 who will speak with confidence on a subject matter. Then when he's wrong, which is often, he'll pretend like he never said it.
He basically throws a lot of stuff at the wall and gets credit for what sticks and full denialbility for what doesn't. What doesn't stick is the majority of his information.
A poser who lives in his grandmother's basement
Why would the B1G want a small private school located in the southern most state of the Continental United States at the end of a 400 mile long peninsula who doesn’t even have an on campus stadium. Add to that the football team has only been barely decent for the last 20 years, the stadium is usually half empty on game day, and the average day time temperature is close to 90 degrees in September and October. And on top of those concerns, the TV ratings have been poor for many years which makes me question just how much Fox is really interested in the Hurricanes. Miami will be lucky to get an invite to the Big 12 and if that doesn’t happen, they could end up in Conference USA playing FIU and Jacksonville State. The flight time from Miami to Seattle is longer than the flight time from Boston to Dublin Ireland across the Atlantic Ocean. Just saying.
SEC ADDING UCF & USF (much less even being interested in them)? 🤣
I am a Penn State guy and pro Big 10. But, the most logical and geographic approach for realignment is Florida State, Clemson, UNC-CH and UVA ( or Kansas) to the SEC and when the Big XII GOR ends, ASU and Utah to the Big 10. Both of these make perfect geographic sense and keep the ACC from collapsing:
Outside of Miami vs Florida, I'd rather see Miami vs Penn State, Miami Vs ND when ND joins the B10, Miami Vs Ohio State, Miami vs Nebraska, and Miami vs Oregon over the sec matchups.
Most logical is North Carolina, Virginia, West Virginia and Kansas to SEC. B1G adds Florida State, Clemson, Miami, Georgia Tech. Pitt, VaTech, Louisville, NC State, Duke, USF to Big 12. That gives the B1G a quad in the southeast and a quad out west. Travel pods. SEC remains contiguous and expands footprint with flagship universities. Big 12 survives with an eastern wing.
The B1G is MOST ASSUREDLY GETTING FSU, CLEMSON, MIAMI for a 21 team B1G. Then eventually ND and 2 more for a 24 team B1G. Then the B1G will have greater media revenues than anyone ever dreamed.
Nothing will keep the ACC from collapsing.
@@nathanknecht8024 Instead of saying most logical, you could say you believe or in my opinion. I like some of those additions but I wouldn't call all of those most logical.
According to this "email," ESPN wants FSU in the SEC. ESPN is pulling the strings, not the SEC or ACC, and ESPN will probably make it easier for FSU to leave the ACC. I'd much rather see FSU in the Big 10, but it looks to me that ESPN will make it easy for FSU to leave the ACC and assist in getting the SEC to make an offer that FSU can't refuse.
yeah E$PN might very well be the real target of this letter. i still hate them though and hope we go to the B1G/fox
The SEC cannot provide FSU with AAU membership like the B1G can and that's worth $Billions more in shared federal research grants. That's why FSU's Administration would be dumb to pass up on that type of future financial security.
Horsexxxt - do you know how many SEC schools are AAU now ?
And its just a structure & politics game to join a private club. Would you rather be a member of an academic fraternity or a real fraternity ? (I'm a member of both, but I'd give up the academic to keep the real, meaningful fraternity over the largely symbolic or honorary academic fraternity.
At least the following SEC schools are also members of AAU:
Texas A&M
Texas
UFL
Missouri
Vanderbilt
LSU is restructuring internally to bring its Med School & other research campuses "on campus" to submit its AAU membership application. Other schools are doing similar things to meet the artificial standards for membership.
Besides, the conference doesn't help get AAU status, if anything, it's the other way around...
This discussion Florida states having with the ACC had to start at sometime and it has started now do I think they pay an astronomical price to get out? I think they can get out without doing that judge negotiations between the two should start anytime it’s gonna have to happen really surprised me too muchFlorida State doing this on behalf of giving the ACC a shot it coming to the table. They are pretty much fully confident ESPN is not going to redo in February which will release Florida State anyway.