(02-12-2014 06:43 AM)The Cutter of Bish Wrote: (02-11-2014 02:15 PM)SeaBlue Wrote: (02-11-2014 02:01 PM)The Cutter of Bish Wrote: What's the value of the dollar they'll get today when they'll be throwing it back in the future?
And what happens if there's another contract negotiation?
This is a sweeter deal than pro-B1G people want to admit.
I think they probably teach how to calculate Future Value and NPV at all 11 institutions with eyes on how the new kids are getting paid.
...and yet, nobody would give the writers of the piece a straight answer to the question about the deals being totally equal.
"Underlying principles" =\= equal
Perlman's complete dodge and retort that's better than the alternative =\= equal
The future promised land where the money is amazing =\= equal
All the writers could get from folks was spin and hyperbole.
I think the reality is the deals are not equal, or as Orwell would say, some are equaller than others. Without getting into which school is 'better' by any metric, Maryland simply had far more leverage than Nebraska or Rutgers did and used that to its advantage. Nebraska was looking to flee the imploding (at the time) Big 12 and Rutgers the same with the former Big East. Maryland was a founding member of the completely stable and relatively lucrative ACC and had absolutely no reason (on the surface) to leave.
Maryland's President Loh must have known the negative reaction the move was going to receive from the students, alumni and Board of Regents. It came out in the local coverage of the move that he was able to use this in the negotiations - essentially Loh needed a fantastic deal which he could pitch to stakeholders completely hostile to leaving the ACC. Thus the sweet frontloaded deal with an extra $30m tacked on for 'traveling expenses.' None of this means Maryland is more valuable than Nebraska, Penn State (who I also do not think received such generous terms) or Rutgers. Maryland just had an enormous amount of leverage and used it accordingly.
(02-12-2014 09:56 AM)The Cutter of Bish Wrote: (02-12-2014 08:26 AM)SeaBlue Wrote: So, now when repeatedly asked about how the money flows, I think it's a sore and worn-out subject; one they would rather not address. And then there's the confidentiality side of it all...
I may be in the minority, but I think people have a right to know that. These aren't private, for-profit businesses. When the questions come up, the answers should be readily fielded with fact.
I know it's quite popular to play the "noneofyourd***business" thing, and we folks are not much help letting these schools act like corporations, but whenever those folks in the ivory tower want to forgo their non-profit status, then they can join that club over at the adult table.
This kind of stuff...this is what those looney tunes over in the Rutgers 1000 would use to push their grievances with anything athletically-related. And while they don't act with any sort of rationality, nor do I agree with their end-game, I can't help but think they have a right to be upset that stuff like this is handled so secretly and sloppy. It's not like Rutgers is printing money over there...
I doubt you are in the minority concerning information from public institutions that should be available. New Jersey's Star Ledger was able to obtain a bunch of information related to the Rutgers move via the state's Open Public Records Act (OPRA). I know some media outlets in other states have been able to do the same with their local schools (the Omaha article posted by the OP used Nebraska's version of OPRA).
(02-12-2014 11:27 AM)mac6115cd Wrote: So Maryland and Rutgers are no more than prostitutes (selling themselves to the highest bidder) and Nebraska got screwed because Lincoln doesn't have enought TV sets. I'm glad the B10 doesn't want UC.
It's the Big 2 and eveyone else - the way it's always been.
Eh that's rather unfair to Rutgers - should they have refused to board the lifeboat and be stuck in the AAC now (no offense AAC fans - obviously not fair to compare it to the Big 10)? Maryland it was more of a cash grab but I suspect there were other motivations as well. On the positive side, the Big 10 is a better fit with a bunch of other state flagship land grant institutions (Maryland would like to emulate the success of schools like Michigan). On the negative side, many at Maryland viewed us as the red headed stepchild in the 'All Carolina Conference.' We might remain the red headed shepchild in the Big 10, but that's easier when those big checks are clearing.
I have to fully admit that I am in the minority in favor (albeit reluctantly) of the move. There is some bias because I live in New Jersey (which puts road matchups at Rutgers and Penn State a mere couple hours away) and do not view Maryland as being southern (there's no difference in them playing midwestern schools instead of southern schools imo). The rivalries with Duke or UNC were never mutual and the one with UVA was forced (at least the last 10-15 years - the student body never got hyped up for anything besides Duke and occasionally UNC). That said, I still like the ACC and will continue to root for its success and prosperity even after Maryland departs.