A preview of Tuesday's hearing...
This is extraordinary coverage (pre-coverage, you could say) of an immensely complex topic. Having been briefed many times by lawyers for the schools at which I served--usually anticipating media queries--you can’t be better informed than this about what to expect in that courtroom.
As your source predicts, I’m guessing the push-pull for OSU and WSU is being ‘careful about what they wish for.’ With assets come liabilities, some harder than others to calculate or anticipate.
It’s hard for me not to think about the gutless, soulless, voracious money changers in LA whose greed set so much of this mess in motion. I hope they choke on their BIG10 media payouts.
Your usual informative, behind-the-curtain stuff. Thanks, John.
Your friend, Matthew Wand, is very wise and could be a judge himself by his objectivity in this matter. I am naturally a logical person. The law is not always rational, attorneys and judges are human with all the biases that conveys, but that is its intent. Any objective person can see that the 10 leaving schools gave up any right to dictate the future of the PAC12 by accepting the offer from the conferences they are joining (creating a new contract). They can't belong to two conferences at the same time: illogical. So they must have given their notice of separation, whether or not in writing. As the sole members of the PAC12 at this time, it will be up to OSU and WSU to decide how to handle the conference finances going forward including distribution of assets and payment of liabilities. Logical. As for George K, he is just a scoundrel. He has breached his contract and fiduciary duty and should be sued in court for a dismissal "with cause" forgoing any future compensation.
Great coverage! I’m a 25year season ticket holder at OSU and I’m nervous as hell what will happen over the next 1-3 years. This season is getting very magical and good news today would help with the anxiety of future and get us some clarity. We should meet in the real world. I’m a huge fan of your work.
John, thank you for the wonderful summary of the case and today's hearing!
Thank you for getting Matthew Wand to share his opinion.
Thank you for travelling to Colfax to witness the hearing for us.
I do not think the Traitorous Ten have a leg to stand on. I believe the judge will give WSU and OSU administrative and voting control over the Pac, with instruction to WSU and OSU to be fair and not vindictive towards the Ten.
Some of the 2023-2024 millions will eventually go to the Ten. The $400M question is how much?
Really well-crafted reporting. I hope you write a book about the collapse of the Pac12. I think it would be excellent reading in MBA and law schools. I will buy an advance copy. The amazing character in all of this is Kliavkoff. What are his motivations? And even this month, will draw another paycheck. . . really amazing when you think about it.
These hearings are a warning shot across the ACC’s and Big Ten’s bow: they need to review their own bylaws to protect themselves from these new added members doing the same thing to them in 2, 3, 4 years. As John repeatedly states, realignment is not over. The PAC is not the last conference these departing schools will damage in their pursuit of money over student athlete welfare.
The richest of the rich grubbing for more money so they can pay their football coach $10,000,000 a year like the other money grubbers in their new conferences ….And then fire them in two years, pay them $70,000,000 more in severance and hire a new hotshot for another $12,000,000. Broken and disgusting.
I continue to wonder how the respective Presidents (and possibly AD's) at the departing schools will be treated by their Boards of Trustees if OSU and WSU soundly prevail. If this were a corporate situation a CEO would likely be fired for the sloppiness of not even bothering to follow the proper by-laws related to something with such large economic implications. We all know the differences between academia and the corporate world but protocol and process and following the rules are pretty basic. Undoubtedly, all the respective Boards were involved in the decisions to depart but they still need to rely on their management teams to execute the departures properly.
I am in the middle of binge watching the television show Suits. The Cougs and Beavs don’t need Harvey Specter yet, but I hope they have him on standby just in case. Go Cougs!
I’m fine with a resolution that excludes all the deserters from a Penney or a pound. Let them eat cake and wear Larry Scott lapel pins to their own funerals.
I hope Wand is right about how it all turns out. I do think the 2 remaining schools need to be very careful about how the spoils are managed and distributed. Any hint of using the money as vendetta could open the door to litigation. The last thing these colleges should want is giving more of their resources to lawyers or to GK.
Die Hard: Due to the departing 10's legacy of greed around the conference, they are about to be taught a lesson in the real use of power. You will be witnesses.
Thanks for this clear-cut explanation. I hope it is spot-on.
The Big ten has rules. If a bill is past, restricting all teams for playing WSU and or OSU then that is that. Remember the Big Ten is huge in Football, Wrestling,, Volleyball, and basketball is solid as well. Ask the Ducks what ticket prices will be for next years season?
Great insight!! Can’t wait to hear more on this
Wow. That's some dope analysis. Thanks for letting us in, JC.