get the big windfall, they have to hold, which leaves them with a potential revenue gap for 8 more years.

they are behind revenue-wise and Scott says that's okay with his constituents. if they keep him, we'll know he was right.

if the ACC announces it is going to stay significantly behind the SEC/B1G in order to capitalize in 2025, you will explode. and you have been consistently critical of the ACC taking a wait and see approach up to now..."we should already have something in place"

here are the key quotes...

"Scott is aware of the fan (and campus) frustrations with Pac12Nets distribution and revenue. But whether you agree or not, his priority is the long haul – and the presidents and chancellors support that approach.

Scott believes the windfall worth waiting for, even if it means the Pac12Nets distributions lags those of the B1G and SEC networks by $50 million (or more) annually.

*** What does the long haul mean?

It could mean up to eight more years. The current Tier 1 deal with ESPN and FOX expires in the summer of 2024. When that happens, the conference will take everything it owns to the market.

"In Scott’s view, the confluence of rising demand for live sports (good insight here) … and changes in media landscape … and demand for Pac-12 content … will work to create a bonanza for the conference at the negotiating table with fill-in-the-blank (ESPN, FOX, Hulu, Facebook, Google, etc).

“We want to create the most long-term value,” he said. “That’s the mission.”


and


"We don’t know if the conference would sell 49 or 51 percent ownership, so let’s just assume an equity sale would produce half the total valuation, or $400 million.

That’s $33 million per school.

And that’s a whopping figure, except when you compare it to the cost of staying the course.

Staying the course means a per-school deficit of at least $5 million annually, over the next eight years, when compared to the per-school distributions provided by the SEC and Big Ten networks."

Then again, we don’t know the valuation growth rate of the Pac12Nets, and the potential premium on the open market due to multiple bids."