I'd rather not, thanks.
Interesting development, only three Big 12 schools refused to....
- Thread starter MesaClone
- Start date
Texas was never a sinking ship. It always had options. It was the other schools that needed rescued.
Get down on his knees to the PAC 12. Only shot at joining a major and keep semi reasonable revenues.Jamie Pollard, almost exactly one year ago, commented on the importance of playing football despite the COVID pandemic.
"The Iowa State athletics budget does not include any state or university funding and relies mainly on television revenues, private donations and ticket sales. If those revenues decrease dramatically or are eliminated, we will have unfunded financial obligations.”
He was commenting upon the 2018-2019 data.
Iowa State reached nearly $100 million in athletics revenue last year. Where did it rank among Big 12 schools?
Iowa State’s revenue and expense filing shows gains over a year ago, but how long that continues is a multi-million dollar question.www.desmoinesregister.com
2018-2019 data:
Expenses totaled $95.3M.
Ticket sales totaled $16.4M.
Private donations totaled $18.2M
"Other revenue" totaled $6.6M
Student fees totaled $2M
By my math, ISU's athletic department had $43.2M in revenues from ticket sales, donations, student fees and "other" revenue.
To break even (which ISU did in 2018-2019), the athletic department received $52M in television/licensing revenue. $37M reportedly came from the Big 12's television contract.
I'll quote Pollard again . . "if those revenues are decreased dramatically . . . we will have unfunded obligations."
There has to be some awfully grim faces and significant number crunching going on behind closed doors in Ames. They're in a tight spot. A really tight spot. Lots of grandiose plans (I thought the proposed "entertainment district" was impressive) which rely upon a significant revenue stream. OU and UT may have left ISU (and the other 7 schools) out in the cold.
This is what I'm thinking as well. The pressure isn't on Oklahoma and Texas - worst case scenario they wait out the four years. But the remaining Big 12 schools would be in shambles at the end of that process. Recruiting would get crushed and they'd be likely unable to negotiate a new contract/add schools/etc. Plus, during the four years each of the schools would be looking for better options/trying to leave conference. And as you mentioned - any loans/debt service options would be extremely difficult to negotiate.
All the pressure is on the remaining Big 12 schools to get this resolved as soon as they can so that an uncertain future can be fixed.
Cause their fans are mostly cool with mediocrity. Would love to meet them in a bowl this year.
Yeah if Texas and Oklahoma want to be nice, they go quietly after this season and payout in full. That’s maybe why any vitriol toward them will be kept minimal by Admins of schools. But the fans at the 8 will be ruthless toward them.
Dude, this is absolute nonsense. Their sports program won the Director's cup last year and they always have one of the top sports programs in the country. Don't mistake their inability to produce results on the football field with acceptance of mediocrity.
believe me, I don’t want to see it either… but they have a hell of a good team. I’m hoping they slip up twice so the best they could even think about is backing into the NY6 again. Iowa is a major swing game for that scenario.
They should expect national titles frequently. Poor return on their money. and football is it as has been stated many many times. It is the bank. No other sport is.
They have the top earning sports department in the country. Seems they are doing OK with revenue - even in the Big 12 and without winning national titles. Everyone knows they are a sleeping giant - it's only a matter of time.
They have essentially the same team ND bare-ass spanked and the Ragin Cajuns steamrolled. Good by their stsndards doesnt scare the rest of the world.
It's also the same team that beat Oklahoma once last year and nearly came back to beat Oklahoma in the Big 12 championship. And OU steamrolled Florida in the Cotton Bowl. The Louisiana game was an outlier . . . as was Iowa's only regular season loss to ISU in the Orange Bowl year.
Iowa will have its hands full in Ames this year and, barring an opening game injury to Purdy or Hall, there is absolutely no reason why ISU shouldn't be favored to win in Ames.
Iowa WILL have their hands full. Winning or losing that game is probably the difference between 8-4 and 9-3 for both teams.
JFC, this board is really slipping. Has anyone asked the OP for the source of this "rumor" or for anything to show that it didn't get created on AggerFanatic?? The thought that the conference would have any reason to ask for such a non-binding commitment or that any of these schools wouldn't give it at this point is lunacy. This fairytale hasn't been subsequently reported anywhere by any reputable organization that can be confirmed or substantiated. There's a whole lotta delusional angst in watertown and agland right now...this is just more of it.
