June 14, 2010

Deal in works to save Big 12

If you've been following the Fanblogs Twitter Account (@fanblogs) this morning, you already be aware that negotiations are ongoing at this moment to salvage the Big 12 Conference.

According to multiple sources, Big 12 commissioner Dan Beebe has been working behind the scenes to line prospective television deals, if the remaining Big 12 schools (sans Colorado and Nebraska) would remain in the conference.

As first reported on Rivals sister-site Orangebloods.com, Beebe has proposed the following for the ten remaining Big 12 teams:

- A new television contract in 2011 comparable to the SEC's deal, bumping revenues from the $7-$10 million per year to $14-$17 million per year. The numbers would be higher - perhaps as much as $20 million per year - for teams that appear on television more frequently, such as Oklahoma, Texas, and Texas A&M.

- Each of the ten remaining schools would receive $2 million from the buyout fees being paid to the Big12 by Colorado and Nebraska, with the conference keeping nothing

- The Big 12 would allow individual schools to launch their own television networks, such as the Longhorn Network that Texas has been considering, without sharing revenues with the member schools or the conference

- The Big 12 would introduce a round-robin format, with each school playing one another every year.

- The remaining schools could elect to petition the NCAA to permit a conference championship game with only 10 teams; however, it's widely speculated that - since the Big 12 coaches have never been in favor of a championship game - the conference may forgo the game.

And it appears that "The Beebe Plan" is gaining momentum. While Texas A&M was said to be looking to secure a spot in the SEC, all ten of the remaining Big 12 schools sat down for a conference call this afternoon to review the arrangement. According to Orangebloods, the Texas Longhorns are leading the charge to keep the conference intact.

As they say... stay tuned!

UPDATE

IT'S OFFICIAL: Texas staying in Big12. Press conference @ 11a tomorrow. Pac10 reports UT has declined invite. Longhorns reps have confirmed that Big12 will stay together as 10 teams.

Posted by Kevin Donahue

Comments:

Deal in works to save Big 12
If you've been following the Fanblogs Twitter Account (@fanblogs) this morning, you already be aware that negotiations are ongoing at this moment to salvage the Big 12 Conference. According to multiple sources, Big 12 commissioner Dan Beebe has been working behind the scenes to line prospective television deals, if the remaining Big 12 schools (sans Colorado and Nebraska) would remain in the conference. As first reported on Rivals sister-site Orangebloods.com, Beebe has proposed the following for the ten remaining Big 12 teams: - A new television contract in 2011 comparable to the SEC's deal, bumping revenues from the $7-$10 million per year to $14-$17 million per year. The numbers would be higher - perhaps as much as $20 million per year - for teams that appear on television more frequently, such as Oklahoma, Texas, and Texas A&M. - Each of the ten remaining schools would receive $2 million from the buyout fees being paid to the Big12 by Colorado and Nebraska, with the conference keeping nothing - The Big 12 would allow individual schools to launch their own television networks, such as the Longhorn Network that Texas has been considering, without sharing revenues with the member schools or the conference - The Big 12 would introduce a round-robin format, with each school playing one another every year. - The remaining schools could elect to petition the NCAA to permit a conference championship game with only 10 teams; however, it's widely speculated that - since the Big 12 coaches have never been in favor of a championship game - the conference may forgo the game. And it appears that "The Beebe Plan" is gaining momentum. While Texas A&M was said to be looking to secure a spot in the SEC, all ten of the remaining Big 12 schools sat down for a conference call this afternoon to review the arrangement. According to Orangebloods, the Texas Longhorns are leading the charge to keep the conference intact. As they say... stay tuned!

UPDATE

IT'S OFFICIAL: Texas staying in Big12. Press conference @ 11a tomorrow. Pac10 reports UT has declined invite. Longhorns reps have confirmed that Big12 will stay together as 10 teams.