The conference seemingly is approaching the end of the year-long fight for survival. What if the outcome is not what we expect?
Nor have we ignored the ongoing possibility of an extinction event: Commissioner George Kliavkoff presents a suboptimal media deal to his presidentsBut there are other potential outcomes to this highly fluid situation — scenarios that we have not covered in depth on the Hotline. Six are addressed below. They might seem unlikely or even extreme, but that’s precisely the point: No endgame should be ignored until there’s a deal.
But the conference has done a masterful job preventing leaks, and that lack of information leaves us with an overwhelming sense that there’s an unreported element — something unprecedented in the history of collegiate media rights deals. As a 10-team conference, the Pac-12 would have approximately 65 home football games per year to license to its media partners. As a 12-team league, it would control roughly 78 games annually. And each game is worth several million dollars.
But what if the presidents were right? What if Kliavkoff accepted final bids from the networks during that early-spring window and settled on a preferred offer, but he couldn’t cross the finish line with a formal contract because of delays with the negotiating partners.That would explain why the presidents took the time to settle on the language in the grant-of-rights agreement, which they plan to sign as soon as the formal offer is presented.
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