A new and better FBS thread

[taper]

This is an interesting take:

https://x.com/TJAltimore/status/1774403261904077057

Yeah, the various numbers aren't hard to find, can't understand how people still insist on fantasy warchests.
Even that tweet has problems though. He's still giving $100M in Rose Bowl payouts. The RB signed on as a permanent CFP game and all that money went to the increased CFP pot. Giving it to PAC is double dipping. He also has only $50M for 2 years conference operations.
https://pac-12.com/article/2024/05/2...ancial-results

For 2022-2023, the Pac-12 Conference reported revenues of $494M and net operating expenses of $58M. Pac-12 Networks reported revenues of $110M and net operating expenses of $83M. A summary of consolidated results is set forth below.

Last fiscal year they spent $140M on operating expenses. That's going to substantially drop as they shrink, but hard to see it going to only $25M/yr. They had almost $7M just in legal fees, and that isn't going down with the rapidly evolving mess in the courts.

[The_Sicatoka]

Revenues: up
Payouts: down
Only ones happy: lawyers

https://finance.yahoo.com/news/pac-1...195147943.html

[BigHorns]

This is an interesting take:

https://x.com/TJAltimore/status/1774403261904077057

That is an interesting take indeed. But, may not be the full picture.

- most people seem to be ballpark in agreement on the left side of that chart.

- the right hand side has an estimated $50m PAC operations cost (which would surely shrink if it was only two schools). Believe there have already been massive layoffs within PAC operations, and they would certainly slim down to look more like MWC in cost structure.

- the other major expenditure is assuming continued conference payouts at the prior rate while using only the minimal CW/Fox media deal the PAC 2 negotiated for themselves alone.

I do think there is a very high probability the PAC 2 have to cut their own programs and expenditures significantly, no matter what. That would be true if they play under either the PAC or MWC banner. I also believe the media revenues in that chart would be higher if they rebuild with the right schools.

All of this does put pressure on PAC2 to both make cuts and move quickly if they wish to rebuild.
From PAC 2 perspective, they have to look at 3 years from now, are they better off in a rebuilt PAC or as a member of MWC.

All of the messaging from the conference and nearby reporters/media is that they are making a full press effort to rebuild quick. Maybe that succeeds, maybe it won't. Will all depend if they can land a better television/network deal with the right set of cherry picked schools. Note it doesn't have to be as good as what PAC had previously, just better than what MWC can offer, on an average per school basis.

[The_Sicatoka]

PAC Ops costs are likely overstated but still significant.

Cutting conference payouts is directly impacting the Athletics budgets of the remaining 2PAC, nearly guaranteeing cuts.

[The_Sicatoka]

From PAC 2 perspective, they have to look at 3 years from now, are they better off in a rebuilt PAC or as a member of MWC.

Like I've mused, they'd better be on good terms with Gloria Nevarez. A rebuild is a massive price and the BXII likely isn't calling.

[bruinbison]

……

-Also keep an eye on the Pac2. Reporters in that region have said a Pac2 rebuild is more likely than a Mountain West merger if Oregon State and Washington State can’t get into the P4. If that happens, it could create a pathway to the FBS for MVFC/Big Sky powers. Or … the MWC gets poached by the Pac2, it then poaches CUSA, and CUSA grabs more southern FCS teams. But if you’re a Montana/Montana State/Idaho/Sac State/UC Davis/NDSU/SDSU fan who wants to go FBS, the cleanest path may be a Pac2 rebuild with G5 teams……

https://herosports.com/fcs-mailbag-d...ttlement-bzbz/