dj3600
Bench Warmer
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RE: Should Mike Aresco be fired by the AAC?!
Aresco is over paid and the new deal is to long. Offer him a pay cut or let him go.
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07-16-2019 05:51 PM |
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wavefan12
All American
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RE: Should Mike Aresco be fired by the AAC?!
Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
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07-16-2019 06:10 PM |
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Attackcoog
Moderator
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RE: Should Mike Aresco be fired by the AAC?!
(07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
The same is true of every deal your comparing it to as well.
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07-16-2019 07:50 PM |
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Bearcats#1
Ad nauseam King
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RE: Should Mike Aresco be fired by the AAC?!
(07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
Well he did come up with the P6 Helmet Sticker Program...
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07-17-2019 06:45 AM |
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Pony94
Moderator
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Should Mike Aresco be fired by the AAC?!
(07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
He should be fired for adding Tulane
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07-17-2019 07:21 AM |
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gulfcoastgal
All American
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RE: Should Mike Aresco be fired by the AAC?!
(07-16-2019 07:50 PM)Attackcoog Wrote: (07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
The same is true of every deal your comparing it to as well.
If the Big 12 does as the KSU AD suggests and goes all in with one provider (likely ESPN unless FOX digital becomes an option), then long term linear protection doesn’t look so bad. However, I would think ESPN would be more than willing to open up the contract midway through which could offer more dollars. The con would be a possible loss of premium linear windows to the Big 12.
(This post was last modified: 07-17-2019 07:42 AM by gulfcoastgal.)
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07-17-2019 07:40 AM |
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wavefan12
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RE: Should Mike Aresco be fired by the AAC?!
(07-16-2019 07:50 PM)Attackcoog Wrote: (07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
The same is true of every deal your comparing it to as well.
Not really cause this deal starts out way less than $7mm and climbs up each year. It is a total lie saying it is $7mm per. Hell by the time it gets to $7mm a quarter of our teams could be playing in the new B12. Just Aresco putting lipstick on a pig to justify his bloated salary.
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07-17-2019 07:44 AM |
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wavefan12
All American
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RE: Should Mike Aresco be fired by the AAC?!
(07-17-2019 07:21 AM)Pony94 Wrote: (07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
He should be fired for adding Tulane
Sounds good to me.
By the way, SMU hardly adds a whole lot more value than Tulane.
(This post was last modified: 07-17-2019 07:45 AM by wavefan12.)
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07-17-2019 07:44 AM |
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Bearcats#1
Ad nauseam King
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RE: Should Mike Aresco be fired by the AAC?!
(07-17-2019 07:44 AM)wavefan12 Wrote: (07-17-2019 07:21 AM)Pony94 Wrote: (07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
He should be fired for adding Tulane
Sounds good to me.
By the way, SMU hardly adds a whole lot more value than Tulane.
True
Tulane’s comedic relief is not easily topped.
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07-17-2019 08:44 AM |
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TripleA
Legend
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RE: Should Mike Aresco be fired by the AAC?!
(07-17-2019 07:21 AM)Pony94 Wrote: (07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
He should be fired for adding Tulane
No, the C7 should be fired for that one. Tulsa, too. They forced those votes, plus making ECU football only.
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07-17-2019 09:46 AM |
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TripleA
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RE: Should Mike Aresco be fired by the AAC?!
(03-20-2019 05:59 PM)OUGwave Wrote: (03-20-2019 10:51 AM)Stickboy46 Wrote: (03-20-2019 09:04 AM)Foreverandever Wrote: (03-20-2019 09:01 AM)Bearcatdh58 Wrote: It just very simple. The value of the contract is what the market says it is. It's like selling a house. Not matter what you think it's worth, the value is what the market pays. Without a commitment with a GOR, the market play is $7m, maybe $8m with a new CBS buy for some BB.
Sent from my Moto E (4) Plus using CSNbbs mobile app
So you just take the first bid?
Have you ever sold a house?
Problem with this comparison. We don't know what the AAC went in for an asking price. If the first offer is at or above your asking price, then yes you accept it.
I have no idea what this nerd Forever does (I can’t imagine he has gotten much done the past two days at his job, given the emotional and time commitment he has made to posting here constantly), but this amateur media rights sales analysis crap is hilarious.
Do people really think that we weren’t working with consultants for years to analyze our fair market value? Anyone who owns any sizable asset is doing that routinely. Much like buying and selling houses, there are professional brokers and consultants that ensure that fair market value is established. And Aresco spent his entire career working on the tv side of the market making rights deals. He literally bought college sports media rights for espn and cbs for years. That’s his CV. I’d love to see how these internet nerds’ resumes add up.
Amen and well said.
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07-17-2019 09:49 AM |
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CoastalJuan
Business Drunk
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RE: Should Mike Aresco be fired by the AAC?!
(07-17-2019 09:49 AM)TripleA Wrote: (03-20-2019 05:59 PM)OUGwave Wrote: (03-20-2019 10:51 AM)Stickboy46 Wrote: (03-20-2019 09:04 AM)Foreverandever Wrote: (03-20-2019 09:01 AM)Bearcatdh58 Wrote: It just very simple. The value of the contract is what the market says it is. It's like selling a house. Not matter what you think it's worth, the value is what the market pays. Without a commitment with a GOR, the market play is $7m, maybe $8m with a new CBS buy for some BB.
Sent from my Moto E (4) Plus using CSNbbs mobile app
So you just take the first bid?
Have you ever sold a house?
Problem with this comparison. We don't know what the AAC went in for an asking price. If the first offer is at or above your asking price, then yes you accept it.
I have no idea what this nerd Forever does (I can’t imagine he has gotten much done the past two days at his job, given the emotional and time commitment he has made to posting here constantly), but this amateur media rights sales analysis crap is hilarious.
Do people really think that we weren’t working with consultants for years to analyze our fair market value? Anyone who owns any sizable asset is doing that routinely. Much like buying and selling houses, there are professional brokers and consultants that ensure that fair market value is established. And Aresco spent his entire career working on the tv side of the market making rights deals. He literally bought college sports media rights for espn and cbs for years. That’s his CV. I’d love to see how these internet nerds’ resumes add up.
Amen and well said.
His prowess in bird law, however, is unmatched.
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07-17-2019 09:56 AM |
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Attackcoog
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RE: Should Mike Aresco be fired by the AAC?!
(07-17-2019 07:44 AM)wavefan12 Wrote: (07-16-2019 07:50 PM)Attackcoog Wrote: (07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
The same is true of every deal your comparing it to as well.
Not really cause this deal starts out way less than $7mm and climbs up each year. It is a total lie saying it is $7mm per. Hell by the time it gets to $7mm a quarter of our teams could be playing in the new B12. Just Aresco putting lipstick on a pig to justify his bloated salary.
Lol. It’s not a lie. It’s an average. You think represented the value of our deal using the average is somehow unique in that aspect? It starts at around 5.5 million and ends at about 8.5 million. On average it will be 7 million a year—that’s where the figure comes from. I’m perplexed as to why you don’t understand that EVERY single deal your comparing ours to is calculated based on an average as well. Their deals all do the same thing—-including our current 2013 deal that we are in the last year of.
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07-17-2019 10:56 AM |
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oliveandblue
Heisman
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RE: Should Mike Aresco be fired by the AAC?!
(07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
I am okay with his salary. I'd rather overpay Aresco for AAC product than have to deal with Banowsky or Hair Thompson - both of which are mailing it in altogether.
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07-17-2019 11:17 AM |
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Foreverandever
Heisman
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RE: Should Mike Aresco be fired by the AAC?!
(07-17-2019 09:49 AM)TripleA Wrote: (03-20-2019 05:59 PM)OUGwave Wrote: (03-20-2019 10:51 AM)Stickboy46 Wrote: (03-20-2019 09:04 AM)Foreverandever Wrote: (03-20-2019 09:01 AM)Bearcatdh58 Wrote: It just very simple. The value of the contract is what the market says it is. It's like selling a house. Not matter what you think it's worth, the value is what the market pays. Without a commitment with a GOR, the market play is $7m, maybe $8m with a new CBS buy for some BB.
Sent from my Moto E (4) Plus using CSNbbs mobile app
So you just take the first bid?
Have you ever sold a house?
Problem with this comparison. We don't know what the AAC went in for an asking price. If the first offer is at or above your asking price, then yes you accept it.
I have no idea what this nerd Forever does (I can’t imagine he has gotten much done the past two days at his job, given the emotional and time commitment he has made to posting here constantly), but this amateur media rights sales analysis crap is hilarious.
Do people really think that we weren’t working with consultants for years to analyze our fair market value? Anyone who owns any sizable asset is doing that routinely. Much like buying and selling houses, there are professional brokers and consultants that ensure that fair market value is established. And Aresco spent his entire career working on the tv side of the market making rights deals. He literally bought college sports media rights for espn and cbs for years. That’s his CV. I’d love to see how these internet nerds’ resumes add up.
Amen and well said.
Lol Memphis...
Your're hilarious triple A and the perfect example of a Memphis fan:
Yes because CEO's never make decisions against what consultants tell them, consultants are never wrong, and bad decisions at the top never cause companies to go bankrupt. Of course people are never wrong about evaluating markets and bubbles don't ever develop either like say in the real estate or future markets?
For the record we are valued by other deals for live viewership at 7-10 million a year now. If we are on a graduated payment scale that means we will never reach our current value over the 12 years where we reasonably expect the value of our inventory to grow and for it to grow exponentially if we succeed in stated goals such as a ny6 bowl contract.
Finally we can fire Aresco not because he has done a terrible job, although it's hard to argue it has been much better than ok, but because he hasn't provided a return on the nearly 2m a year we pay him. It's a cost cut that doesn't really hurt our product and is a necessary step given our current revenue expectations over the next 12 years. If we were looking at 30m a year for each school than we can afford a SEC type pay rate for our commish, at 7-10m it doesn't make much finacial sense.
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07-17-2019 11:54 AM |
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Foreverandever
Heisman
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RE: Should Mike Aresco be fired by the AAC?!
(07-17-2019 11:17 AM)oliveandblue Wrote: (07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
I am okay with his salary. I'd rather overpay Aresco for AAC product than have to deal with Banowsky or Hair Thompson - both of which are mailing it in altogether.
Things are locked up for the next 6 years in bowls, media, and likely realignment, really ain't much for him to or any geek off the street to do till 2025/2026. No reason to pay 11m over the next few years for him to direct the movers to the new offices in DFW.
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07-17-2019 11:56 AM |
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RockyMTNTiger
1st String
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RE: Should Mike Aresco be fired by the AAC?!
(07-17-2019 09:49 AM)TripleA Wrote: (03-20-2019 05:59 PM)OUGwave Wrote: (03-20-2019 10:51 AM)Stickboy46 Wrote: (03-20-2019 09:04 AM)Foreverandever Wrote: (03-20-2019 09:01 AM)Bearcatdh58 Wrote: It just very simple. The value of the contract is what the market says it is. It's like selling a house. Not matter what you think it's worth, the value is what the market pays. Without a commitment with a GOR, the market play is $7m, maybe $8m with a new CBS buy for some BB.
Sent from my Moto E (4) Plus using CSNbbs mobile app
So you just take the first bid?
Have you ever sold a house?
Problem with this comparison. We don't know what the AAC went in for an asking price. If the first offer is at or above your asking price, then yes you accept it.
I have no idea what this nerd Forever does (I can’t imagine he has gotten much done the past two days at his job, given the emotional and time commitment he has made to posting here constantly), but this amateur media rights sales analysis crap is hilarious.
Do people really think that we weren’t working with consultants for years to analyze our fair market value? Anyone who owns any sizable asset is doing that routinely. Much like buying and selling houses, there are professional brokers and consultants that ensure that fair market value is established. And Aresco spent his entire career working on the tv side of the market making rights deals. He literally bought college sports media rights for espn and cbs for years. That’s his CV. I’d love to see how these internet nerds’ resumes add up.
Amen and well said.
I wouldn't be so fast to dismiss Forever as some sort of internet bozo. He seems to have all the answers to the major conference issues, knows more about practically everything there is to know, and
is not shy about repeatedly telling everyone repeatedly. And repeatedly. More repeatedly and vociferously repeatedly. I just hope the presidents are reading this board and come to realize that they should dump our current commissioner and go with Forever: he would get things done!
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07-17-2019 12:40 PM |
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wavefan12
All American
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RE: Should Mike Aresco be fired by the AAC?!
(07-17-2019 11:56 AM)Foreverandever Wrote: (07-17-2019 11:17 AM)oliveandblue Wrote: (07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
I am okay with his salary. I'd rather overpay Aresco for AAC product than have to deal with Banowsky or Hair Thompson - both of which are mailing it in altogether.
Things are locked up for the next 6 years in bowls, media, and likely realignment, really ain't much for him to or any geek off the street to do till 2025/2026. No reason to pay 11m over the next few years for him to direct the movers to the new offices in DFW.
Yup. My point.
What was his value add?
He is paid far more than university presidents.
(This post was last modified: 07-17-2019 12:58 PM by wavefan12.)
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07-17-2019 12:57 PM |
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Foreverandever
Heisman
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RE: Should Mike Aresco be fired by the AAC?!
(07-17-2019 12:40 PM)RockyMTNTiger Wrote: (07-17-2019 09:49 AM)TripleA Wrote: (03-20-2019 05:59 PM)OUGwave Wrote: (03-20-2019 10:51 AM)Stickboy46 Wrote: (03-20-2019 09:04 AM)Foreverandever Wrote: So you just take the first bid?
Have you ever sold a house?
Problem with this comparison. We don't know what the AAC went in for an asking price. If the first offer is at or above your asking price, then yes you accept it.
I have no idea what this nerd Forever does (I can’t imagine he has gotten much done the past two days at his job, given the emotional and time commitment he has made to posting here constantly), but this amateur media rights sales analysis crap is hilarious.
Do people really think that we weren’t working with consultants for years to analyze our fair market value? Anyone who owns any sizable asset is doing that routinely. Much like buying and selling houses, there are professional brokers and consultants that ensure that fair market value is established. And Aresco spent his entire career working on the tv side of the market making rights deals. He literally bought college sports media rights for espn and cbs for years. That’s his CV. I’d love to see how these internet nerds’ resumes add up.
Amen and well said.
I wouldn't be so fast to dismiss Forever as some sort of internet bozo. He seems to have all the answers to the major conference issues, knows more about practically everything there is to know, and
is not shy about repeatedly telling everyone repeatedly. And repeatedly. More repeatedly and vociferously repeatedly. I just hope the presidents are reading this board and come to realize that they should dump our current commissioner and go with Forever: he would get things done!
Lol Memphis....
Really? Memphis posters talking about repeating things? You all are the reach around circle jerk kings of the AAC board
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07-17-2019 01:25 PM |
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sierrajip
Heisman
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RE: Should Mike Aresco be fired by the AAC?!
(07-17-2019 07:21 AM)Pony94 Wrote: (07-16-2019 06:10 PM)wavefan12 Wrote: Folks do not understand the time value of money. From a valuation POV this is not a $7mm per year contract. Aresco is not being honest with this deal.
What value add has Aresco given this conference? It is a very important question.
He should be fired for adding Tulane
LOL
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07-17-2019 01:38 PM |
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