College Football--Big Ten Expansion

[Anonymous]

Anonymous wrote:FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).

Agree with the first part but there is no way there will be investor money to fund this lawsuit. They will fund a settlement. The outcome is not good. You could not get anyone to fund -- except alums and even they don't have that kind of cash.

[Anonymous]

Anonymous wrote:

Anonymous wrote:FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).

Agree with the first part but there is no way there will be investor money to fund this lawsuit. They will fund a settlement. The outcome is not good. You could not get anyone to fund -- except alums and even they don't have that kind of cash.

Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).

Agree with the first part but there is no way there will be investor money to fund this lawsuit. They will fund a settlement. The outcome is not good. You could not get anyone to fund -- except alums and even they don't have that kind of cash.

Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.

Just think about nuclear weapons and its effect on behavior.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).

Agree with the first part but there is no way there will be investor money to fund this lawsuit. They will fund a settlement. The outcome is not good. You could not get anyone to fund -- except alums and even they don't have that kind of cash.

Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.

A show of force? If FSU offers 1.2 billion it will be considered. If they want to borrow it or sell their rights to Wall Street for the money nobody cares. Still might not be agreed to.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).

Agree with the first part but there is no way there will be investor money to fund this lawsuit. They will fund a settlement. The outcome is not good. You could not get anyone to fund -- except alums and even they don't have that kind of cash.

Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.

A show of force? If FSU offers 1.2 billion it will be considered. If they want to borrow it or sell their rights to Wall Street for the money nobody cares. Still might not be agreed to.

Some of us deal in the real world where business decisions typically involve some degree of bargaining and compromise while others may choose a hard-headed fight to the death type approach.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).

Agree with the first part but there is no way there will be investor money to fund this lawsuit. They will fund a settlement. The outcome is not good. You could not get anyone to fund -- except alums and even they don't have that kind of cash.

Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.

A show of force? If FSU offers 1.2 billion it will be considered. If they want to borrow it or sell their rights to Wall Street for the money nobody cares. Still might not be agreed to.

Some of us deal in the real world where business decisions typically involve some degree of bargaining and compromise while others may choose a hard-headed fight to the death type approach.

What bargaining power does FSU have to lower the amount of money the ACC gets if they leave ?

None.

Why would the ACC give away money ?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).

Agree with the first part but there is no way there will be investor money to fund this lawsuit. They will fund a settlement. The outcome is not good. You could not get anyone to fund -- except alums and even they don't have that kind of cash.

Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.

A show of force? If FSU offers 1.2 billion it will be considered. If they want to borrow it or sell their rights to Wall Street for the money nobody cares. Still might not be agreed to.

Some of us deal in the real world where business decisions typically involve some degree of bargaining and compromise while others may choose a hard-headed fight to the death type approach.

What bargaining power does FSU have to lower the amount of money the ACC gets if they leave ?

None.

Why would the ACC give away money ?

Lawsuits are expensive and results are rarely, if ever, certain.

FSU might be willing to settle at an amount that is palatable & doable for all concerned, yet high enough to discourage any more defections beyond maybe U Miami or Clemson.

[Anonymous]

Some noise about Stanford & UCal-Berkeley having talks with the ACC and the Big 12. Probably true, but could be a ploy to motivate the Big Ten Conference to make an offer or both.

Stanford & Cal do not fit in with Big 12 culture and travelling to ACC opponents would be exhausting & expensive.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).

Agree with the first part but there is no way there will be investor money to fund this lawsuit. They will fund a settlement. The outcome is not good. You could not get anyone to fund -- except alums and even they don't have that kind of cash.

Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.

A show of force? If FSU offers 1.2 billion it will be considered. If they want to borrow it or sell their rights to Wall Street for the money nobody cares. Still might not be agreed to.

Some of us deal in the real world where business decisions typically involve some degree of bargaining and compromise while others may choose a hard-headed fight to the death type approach.

What bargaining power does FSU have to lower the amount of money the ACC gets if they leave ?

None.

Why would the ACC give away money ?

There is value in not having a noisy, multi-year legal battle with no idea what your budget will look like. A drawn out legal proceeding would also potentially dissuade others from joining and back filling the members leaving the conference. FSU and others are leaving. It will be messy and expensive for them but they are leaving.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).

Agree with the first part but there is no way there will be investor money to fund this lawsuit. They will fund a settlement. The outcome is not good. You could not get anyone to fund -- except alums and even they don't have that kind of cash.

Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.

A show of force? If FSU offers 1.2 billion it will be considered. If they want to borrow it or sell their rights to Wall Street for the money nobody cares. Still might not be agreed to.

Some of us deal in the real world where business decisions typically involve some degree of bargaining and compromise while others may choose a hard-headed fight to the death type approach.

What bargaining power does FSU have to lower the amount of money the ACC gets if they leave ?

None.

Why would the ACC give away money ?

There is value in not having a noisy, multi-year legal battle with no idea what your budget will look like. A drawn out legal proceeding would also potentially dissuade others from joining and back filling the members leaving the conference. FSU and others are leaving. It will be messy and expensive for them but they are leaving.

(OP here):

Agree.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).

Agree with the first part but there is no way there will be investor money to fund this lawsuit. They will fund a settlement. The outcome is not good. You could not get anyone to fund -- except alums and even they don't have that kind of cash.

Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.

A show of force? If FSU offers 1.2 billion it will be considered. If they want to borrow it or sell their rights to Wall Street for the money nobody cares. Still might not be agreed to.

Some of us deal in the real world where business decisions typically involve some degree of bargaining and compromise while others may choose a hard-headed fight to the death type approach.

What bargaining power does FSU have to lower the amount of money the ACC gets if they leave ?

None.

Why would the ACC give away money ?

There is value in not having a noisy, multi-year legal battle with no idea what your budget will look like. A drawn out legal proceeding would also potentially dissuade others from joining and back filling the members leaving the conference. FSU and others are leaving. It will be messy and expensive for them but they are leaving.

The Big10 and SEC aren't going to let in schools whose media rights are involved in litigation. Either the schools find a negotiated settlement (which is unlikely considering most of the ACC will end up worse off and the schools can't be certain who will get a life raft) or they play out the deal

[Anonymous]

Anonymous wrote:Some noise about Stanford & UCal-Berkeley having talks with the ACC and the Big 12. Probably true, but could be a ploy to motivate the Big Ten Conference to make an offer or both.

Stanford & Cal do not fit in with Big 12 culture and travelling to ACC opponents would be exhausting & expensive.

Wishful thinking on Cal and Stanford's part. They are not a cultural or academic fit with either conference.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:FSU may have engaged the services of an investment banker (JP Morgan Chase) and a private equity (PE firm Sixth Street) firm to raise money as well as to have access to sufficient capital to first make a settlement offer and to have a sufficient show of capital to fund an expensive court battle (which is a great & often effective settlement strategy).

Agree with the first part but there is no way there will be investor money to fund this lawsuit. They will fund a settlement. The outcome is not good. You could not get anyone to fund -- except alums and even they don't have that kind of cash.

Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.

A show of force? If FSU offers 1.2 billion it will be considered. If they want to borrow it or sell their rights to Wall Street for the money nobody cares. Still might not be agreed to.

Some of us deal in the real world where business decisions typically involve some degree of bargaining and compromise while others may choose a hard-headed fight to the death type approach.

What bargaining power does FSU have to lower the amount of money the ACC gets if they leave ?

None.

Why would the ACC give away money ?

There is value in not having a noisy, multi-year legal battle with no idea what your budget will look like. A drawn out legal proceeding would also potentially dissuade others from joining and back filling the members leaving the conference. FSU and others are leaving. It will be messy and expensive for them but they are leaving.

The Big10 and SEC aren't going to let in schools whose media rights are involved in litigation. Either the schools find a negotiated settlement (which is unlikely considering most of the ACC will end up worse off and the schools can't be certain who will get a life raft) or they play out the deal

Agree, but they will negotiate a settlement.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Some noise about Stanford & UCal-Berkeley having talks with the ACC and the Big 12. Probably true, but could be a ploy to motivate the Big Ten Conference to make an offer or both.

Stanford & Cal do not fit in with Big 12 culture and travelling to ACC opponents would be exhausting & expensive.

Wishful thinking on Cal and Stanford's part. They are not a cultural or academic fit with either conference.

The ACC is loaded with strong academic schools. Granted that Stanford & UCal-Berkeley are exceptional, but many ACC schools are outstanding with respect to academics.

[Anonymous]

Top 25 College Football Rankings:

https://trojanswire.usatoday.com/lists/usc-ranked-behind-michigan-and-ohio-state-in-usa-today-sports-coaches-poll/

Homeless Oregon State ranked #18.