(06-16-2015 12:01 AM)stever20 Wrote: The Big Ten is absolutely going to strike it rich. Why? Because it's the ONLY sports property up for grabs in the next 5-6 years that means much. No P5 conferences are up for bids until the mid 20's. NHL, MLB, NFL, and NBA all signed well into the 20's. Olympics thru '32. World Cup thru '26. To think that the Big Ten won't strike it rich is pretty moronic quite frankly. It's a pure fact of timing. Right place, right time.
I think JRsec you are doing more hope than you are reality. Big Ten is in a great place at the absolutely right time. They are going to get paid big time.
You could be correct in your assessment - but, IMO, I don't think it is a slam dunk either.
The college football product is a commodity; and, like all commodities, there are price ceilings which eventually come into play. I don't know what that ceiling is, and nobody here does either. No one is arguing that the BiG content is not valuable, the question, IMO, is where is the price point for said commodity where the profit to the media buyer becomes unsatisfactory? I don't know the answer to that question and neither does anyone else here.
Make no mistake, every commodity has a price ceiling. It wasn't too long ago, for instance, that many thought real estate had no ceiling whatsoever and that the prices would just continue to rise. Events in 2008 proved just how wrong those assumptions were.
It wasn't that long ago that many people here were extolling the unlimited potential of the reported financial aspects of the PAC Network. Now, none of us are privy to the details so we can only speculate, but the recent reporting would seem to indicate that some of the speculated projections that people bandied about on these boards may not be realized, at least in the near-term. Again, no way to know, but we shall see.
Again, I am not making any kind of prognostication here one way or another. I am merely suggesting that the laws of economics - specifically, the law of diminishing returns, are just as applicable here as they are in any other part of life. IMO, many of us who are fans that are invested in the futures of our respective schools' teams and conferences sometimes discount this reality. In doing so, we are no different than everyone else in society that often do basically the same thing with things they are invested in. After all, "irrational exuberance" has been part of many economic cycles.
Just my two cents.
Jim