8 min listen
Utah, Taylor Randall Killed the Pac-12 by Asking ESPN for $50 Million, Causing Big 12 Expansion.
FromLocked On Big 12 | Daily College Football & Basketball Podcast
Utah, Taylor Randall Killed the Pac-12 by Asking ESPN for $50 Million, Causing Big 12 Expansion.
FromLocked On Big 12 | Daily College Football & Basketball Podcast
ratings:
Length:
9 minutes
Released:
Oct 9, 2023
Format:
Podcast episode
Description
In a recent report by Pac-12 insider John Canzano, the revelation surfaced regarding the individual responsible for what many consider to be the conference's downfall.
Over the past year, up until roughly a month ago, the conference had been actively seeking a media rights deal to compensate for the losses incurred by USC and UCLA. However, when ESPN presented an offer of $30 million per school, there was a widespread sense within the conference that they could secure a substantially better deal.
The conference, under the leadership of George Kliavkoff, made a counteroffer of $50 million, which ESPN promptly rejected, leading to the termination of negotiations. This figure was reportedly suggested by a university president, with Utah president Taylor Randall being identified by Canzano as the source.
One Pac-12 president characterized this offer as initially intended for negotiation but ultimately transforming into a "take your ball and go home" scenario.
As a result, the conference is now rapidly heading towards extinction, with only Oregon State and Washington State remaining as solitary programs. The others have defected to the Big Ten, Big 12, or ACC.
Canzano dissected the primary errors that contributed to this situation, including the choice of an inexperienced consulting firm for negotiating college-level media rights, Kliavkoff's perceived lack of leadership, insufficient attention to the USC and UCLA departures, and, although not explicitly mentioned, the conference's uncooperative stance toward the Big 12.
The future of the conference appears uncertain, as it either faces dissolution or the possibility of evolving into some sort of hybrid entity with the Mountain West, as elaborated in Canzano's report.
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Over the past year, up until roughly a month ago, the conference had been actively seeking a media rights deal to compensate for the losses incurred by USC and UCLA. However, when ESPN presented an offer of $30 million per school, there was a widespread sense within the conference that they could secure a substantially better deal.
The conference, under the leadership of George Kliavkoff, made a counteroffer of $50 million, which ESPN promptly rejected, leading to the termination of negotiations. This figure was reportedly suggested by a university president, with Utah president Taylor Randall being identified by Canzano as the source.
One Pac-12 president characterized this offer as initially intended for negotiation but ultimately transforming into a "take your ball and go home" scenario.
As a result, the conference is now rapidly heading towards extinction, with only Oregon State and Washington State remaining as solitary programs. The others have defected to the Big Ten, Big 12, or ACC.
Canzano dissected the primary errors that contributed to this situation, including the choice of an inexperienced consulting firm for negotiating college-level media rights, Kliavkoff's perceived lack of leadership, insufficient attention to the USC and UCLA departures, and, although not explicitly mentioned, the conference's uncooperative stance toward the Big 12.
The future of the conference appears uncertain, as it either faces dissolution or the possibility of evolving into some sort of hybrid entity with the Mountain West, as elaborated in Canzano's report.
Follow & Subscribe on all Podcast platforms…
? https://link.chtbl.com/LOBig12?sid=YouTube
Locked On College Conferences, HBCU, Basketball & More
? https://linktr.ee/LockedOnCollege
Follow on Twitter: https://twitter.com/drakectoll
Follow the show on Twitter: https://twitter.com/LOBig12
Learn more about your ad choices. Visit podcastchoices.com/adchoices
Released:
Oct 9, 2023
Format:
Podcast episode
Titles in the series (100)
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