Listen

Description

Things Discussed:

FOOTBALL v NORTHWESTERN

MARYLAND PREVIEW

BIG TEN PRIVATE EQUITY DEAL ON HOLD, MICHIGAN AND USC FTW?

  1. They're all in big debt because building debt (paid to their big donors) was how these non-profits made their revenue disappear while getting to keep most of it and making the ledgers balance for Title IX compliance (e.g. updates to Breslin are Women's Basketball expenditures.) Now you want to free the ledgers and the donors to pay players, so you need upfront capital to unravel the old system.
  2. Lock down a portion of Michigan's revenue. MSU, NW, IU, PU, RU, IL need to lock in a share of M/OSU revenue now because if the conferences break up for a super league they're not going to be invited. The length of the media rights contract is 20 years. This is CRITICAL. Michigan State has a real chance of becoming a mid-major.
  3. Ohio State wasn't on board until they got a clause giving them a bonus for selling more gear/stadium advertising. The way it's structured now they get more money than Michigan, which is all they wanted to hear.

Why Michigan and USC don't want it: Michigan already got itself out of the debt cycle.