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College and University Discussion
Reply to "College Football--Big Ten Expansion"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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).[/quote] 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.[/quote] Agree, but a show of force is often enough to get folks to the table and engage on a reasonable level regarding a settlement.[/quote] 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.[/quote] 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.[/quote] sigh. You are playing checkers. Chess is the game. What do the ACC schools that can't go anywhere want? It is not money. Duke and BC are loaded. What they want is a power conference. In other words they do not want the dollars -- they want the conference. So go ahead and sue us. You can't move until the litigation is over and appeals are over. No conference would touch you. Best case you sue and three years later you can move because you won. But three years from now there may be no slots. You will be screwed. The ACC schools that can't get anywhere else are not going to be reasonable. Why would they. They have you over a barrel. You can't give them what they want. The ACC has to either expand or get taken by the SEC and Big10. [/quote] BC and Duke should be smart enough to know that the ACC is no longer a power conference. There are only two of those - the Big and SEC. It is the ACC playing checkers. They are looking to add Cal and Stanford because of academics. The Big who talks a good game of valuing academics just added Oregon and WAS over these schools. The Big 12 even passed on them. So the ACC is looking to add sloppy thirds all because the President's of these schools are enamored with their academics. The fact that they are even considering them shows the majority of these schools are not concerned about being in a power conference. It is also clear that they are not remotely concerned about FSU or any one else leaving. [/quote] Here’s my take: The Big Ten will eventually add Stanford and Berkeley partly because there are lots of Big Ten graduates in California. Those graduates will often outnumber the local partisans at games, just like what often happens at Northwestern. There are plenty of marquis teams in the Big Ten already. There is a need for more gimme games for the top teams going into a 10 game conference schedule. Stanford and Cal add huge prestige with mediocre competition, something that few other schools could present themselves to the conference. The heads of the Big Ten like top academic members more so than those of the SEC and Big 12.[/quote] Great post. Lots of reasonable points to consider. Without a current Big Ten Conference vision statement we do not really know whether or not Cal & Stanford will receive consideration for Big Ten membership in the future--assuming that both Cal & Stanford are still available.[/quote]
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