CSNbbs

(11-08-2022 11:23 AM)PeteTheChop Wrote: [ -> ]Maybe Stanford is getting prepared for ~ 2030 when the B1G decides to expand again (or so we've been told it'll be that long of a wait)

From the article in Stanford's student-run newspaper:

Per Stanford president Marc Tessier-Lavigne: "... the 10 universities are focused on working with our (Pac-12) commissioner to strike a deal that would be good for the conference, but more importantly good for our student athletes."

According to Jeff Koseff, Stanford's faculty athletics representative, that may be a problem:

... the financial overview revealed that the athletics department is running a financial loss. “The income and expenses do not match,” Koseff said. “It’s something that is actively being worked on.”

Koseff pointed out that $40 million is derived from the Pac-12 through media rights and March Madness. This large sum “should be what drives a lot of decision-making going forward,” Koseff said.

In terms of the national landscape, there are shifting allegiances. USC and UCLA left the Pac-12 to join the Big 10. The Pac-12 and the Big 10 are NCAA Division I athletic conferences.

Since this move, conference realignment has been a topic of consideration among the Stanford administration, according to Koseff. Schools in the Big 10 make significantly more from media rights, which could result in “an extra $50 million,” Koseff said.

“It has enormous consequences for our student athletes so it is not an issue that can be taken lightly,” Koseff said.

Tessier-Levigne added that Stanford authorized its commissioner to open media rights negotiations.

He then explained Stanford’s parameters in making a conference change decision: “From a Stanford point of view, what we want is to make sure that we can continue to provide an exceptional academic and athletic experience to our extraordinary student athletes and also to be part of a competitive conference that is stable and also financially viable.”

He added, “What time frame exactly is unclear but the negotiations are ongoing.”

Tick, tick, tick ...

https://stanforddaily.com/2022/11/08/tes...e-meeting/

A vignette into the myriad discussions in many places going on behind closed doors. No surprise given the amounts of money involved. After the CFP we will see if any of them come to fruition, and I expect some will.

(11-08-2022 02:34 PM)Poster Wrote: [ -> ]

(11-08-2022 02:05 PM)GreenFreakUAB Wrote: [ -> ]...seems like a LOT of leaning toward the B1G in those statements... perhaps waiting to see if the Cal Board kneecaps UCLA's attempt to move...


...and I would think that Stanford, UO, and Udub have all had several interactions with the B1G reps, as well as amongst each other... you would think that 'agreements' of a sort would be formed... ...perhaps even something like an... ...alliance?

Not really sure why some people think that Stanford is the Big 10's next preference from the PAC. It's pretty clear that Oregon and Washington would bring more money to the conference.

The only way I can really see Cal and Stanford being invited to the Big 10 ahead of Oregon and Washington is if Newsom's threats are more serious than they seem, the Big 10 decides to invite Cal in order to prevent UCLA from being blocked, and the Big 10 decides to invite Stanford as Cal's partner so that Olympic sports teams can double up on trips to San Francisco. (And also possibly because of political power that Stanford might have in California, despite being a private university.)

But I think that's a highly unlikely scenario.

The B10 could very well add Stanford and Kansas as the next two.

Academics and basketball should not be under-rated as criteria for the B10.

And not taking WA and OR has the side benefit of not completely tanking the PAC.

(11-08-2022 02:00 PM)AllTideUp Wrote: [ -> ]So the faculty is advocating for the Big Ten?

I suppose that's not a surprise, but you have to have an invite first.

No, they are not advocating for the Big Ten and they don't have an invite. This was a meeting in which the subject of the conference media negotiations came up. Stanford has 36 sports and that is expensive, so balancing the athletic budget each year is challenging. But Stanford has a $36.3 billion dollar endowment as of August 31, 2022. They annually take a small percentage of the endowment to fund programs throughout the University.

"In fiscal year 2022, the endowment disbursed $1.5 billion to support vital academic programs and financial aid. Payout from the endowment funded over 21% of the university’s 2022 operating expenses. For fiscal year 2023, payout from the endowment is budgeted at $1.75 billion."

In other words, they are not going broke. They just want to bring in more revenue for the athletic program and balance the athletic budget. In the article, they did not indicate how much money they were losing, but the endowment would cover any shortfall.

(11-08-2022 02:44 PM)BruceMcF Wrote: [ -> ]

(11-08-2022 12:51 PM)cubucks Wrote: [ -> ]

(11-08-2022 12:10 PM)The Cutter of Bish Wrote: [ -> ]

(11-08-2022 11:31 AM)IWokeUpLikeThis Wrote: [ -> ]Aw, the mirage meetings where faculty can feel important.

Seriously. I wouldn't be surprised if some there felt like they should call the Ivy League.

On away games, leave the damn tree at home.

Bring a sapling.

Yes, a baby groot.

(11-08-2022 03:12 PM)SoCalBobcat78 Wrote: [ -> ]....
This was a meeting in which the subject of the conference media negotiations came up. Stanford has 36 sports and that is expensive, so balancing the athletic budget each year is challenging. But Stanford has a $36.3 billion dollar endowment as of August 31, 2022. They annually take a small percentage of the endowment to fund programs throughout the University.

"In fiscal year 2022, the endowment disbursed $1.5 billion to support vital academic programs and financial aid. Payout from the endowment funded over 21% of the university’s 2022 operating expenses. For fiscal year 2023, payout from the endowment is budgeted at $1.75 billion."

In other words, they are not going broke. They just want to bring in more revenue for the athletic program and balance the athletic budget. In the article, they did not indicate how much money they were losing, but the endowment would cover any shortfall.

Very informative, thanks. The faculty anywhere will be concerned that the sports program is self-sustaining to the greatest extent possible.

Take the Tree everywhere, Stanford. Chlorophyll and Banana Slugs forever.

(11-08-2022 12:10 PM)The Cutter of Bish Wrote: [ -> ]

(11-08-2022 11:31 AM)IWokeUpLikeThis Wrote: [ -> ]Aw, the mirage meetings where faculty can feel important.

Seriously. I wouldn't be surprised if some there felt like they should call the Ivy League.

Northwestern was considering contacting the Ivy League before the BTN started printing money.