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USC and UCLA to Big 10???


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Opting out means turning down money.  Considering most of these Juan Bid leagues need their basketball team to be their anchor for fund raising and capital inflow, who is going to turn it down?

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It is sad that Netflix is looking to have an Ad supported business, and has seemingly unlimited funds, and the Pac12, B12, and ACC could be blown up and turned into a new conference with a new media deal, and it seems like nothing is connecting these dots together.

edit: The above says that it is sad Netflix isn’t doing this.

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6 hours ago, Compton said:

The Ivy League opted out of having a 2020-21 basketball season, and there were no NCAA repercussions. Schools opt out of the NCAA-operated NIT Tournament all the time, without repercussions. It's easy to envision circumstances where a school shooting or natural disaster results in a team opting out, for which the NCAA seems unlikely to impose any sort of punishment.

So the answer for what happens to a school that opts out might be: nothing.

Okay. So if 4 years from now the SEC and Big 10 opt out of the NCAA tourney and have a 32 team tourney on Fox and ESPN, the NCAA would do nothing?  It could happen. 

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30 minutes ago, AnkielBreakers said:

It is sad that Netflix is looking to have an Ad supported business, and has seemingly unlimited funds, and the Pac12, B12, and ACC could be blown up and turned into a new conference with a new media deal, and it seems like nothing is connecting these dots together.

I don't get your point. What is the connection between Netflix[which is under pressure losing subscribers] and those leagues? 

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3 hours ago, AnkielBreakers said:

It is sad that Netflix is looking to have an Ad supported business, and has seemingly unlimited funds, and the Pac12, B12, and ACC could be blown up and turned into a new conference with a new media deal, and it seems like nothing is connecting these dots together.

Because Netflix is closer to being bought by Apple, Amazon, etc than competing for media rights with them. Hell, Apple could buy 10 netflixes with their cash on hand and still have money left over to flirt with buying another one. 

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1 hour ago, JMM28 said:

Because Netflix is closer to being bought by Apple, Amazon, etc than competing for media rights with them. Hell, Apple could buy 10 netflixes with their cash on hand and still have money left over to flirt with buying another one. 

or a smart car, o wait......

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4 hours ago, JMM28 said:

Because Netflix is closer to being bought by Apple, Amazon, etc than competing for media rights with them. Hell, Apple could buy 10 netflixes with their cash on hand and still have money left over to flirt with buying another one. 

Check your numbers JMM28, Apple does not have the cash to do what you think they can do.

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41 minutes ago, willie said:

Apple has enough cash to buy the world. 

Check your numbers Willie, Apple has $51.51 B in cash. NFLX has  about 445 M shares outstanding. To gain control of NFLX Apple has to buy about 227 M shares, that at a current price (now 11:00 A 7/20/22) of $214.26 per share comes up to $48.64 B. This is assuming that they can buy that number of shares at the current price with no premium, and no increase in the share price due to market action. This is not likely to happen.

The price they would have to pay (as JMM28 hypothesizes) for 11 NFLX equivalents would be much higher. The price Apple would have to pay for the whole world would be much higher.

Check your numbers

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27 minutes ago, willie said:

Apple has enough cash to buy the world. 

This is so true.  Even after nine years of buying back shares, Apple still has $51.5 billion in cash/liquid current marketable securities on hand.  They, also, have $141 billion in non-current marketable securities that mature over the next 1 to 5 years. 

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7 minutes ago, Old guy said:

Check your numbers Willie, Apple has $51.51 B in cash. NFLX has  about 445 M shares outstanding. To gain control of NFLX Apple has to buy about 227 M shares, that at a current price (now 11:00 A 7/20/22) of $214.26 per share comes up to $48.64 B. This is assuming that they can buy that number of shares at the current price with no premium, and no increase in the share price due to market action. This is not likely to happen.

The price they would have to pay (as JMM28 hypothesizes) for 11 NFLX equivalents would be much higher. The price Apple would have to pay for the whole world would be much higher.

Check your numbers

You are making the assumption that any acquisition would be all cash. That never happens. The market has speculated for years that apple could make a bid for Netflix. It's not impossible. 

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7 minutes ago, willie said:

You are making the assumption that any acquisition would be all cash. That never happens. The market has speculated for years that apple could make a bid for Netflix. It's not impossible. 

Exactly. Apple could get it financed very easily with all that collateral to back up any borrowing. People would be falling all over each other to give them money. And that’s assuming they would take a 100% ownership position. Set it up as it’s own corporation, and they could sell off 49% of it and still have total control.  Lots of options

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16 minutes ago, willie said:

You are making the assumption that any acquisition would be all cash. That never happens. The market has speculated for years that apple could make a bid for Netflix. It's not impossible. 

i think willie is correct here.  most buyouts of organizations of this magnitude i have witnessed are typically either stock deals or a combination of stock deals and liquid assets.   

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25 minutes ago, willie said:

You are making the assumption that any acquisition would be all cash. That never happens. The market has speculated for years that apple could make a bid for Netflix. It's not impossible. 

JMM28 talked about a cash purchase of 11 Netflix equivalents. Nope, cannot be done by Apple. Making a bid for Netflick and paying some share premium is a totally feasible thing for Apple to do. However they do not have enough for buying 11 Netflick equivalents, or the whole world. Period.

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2 minutes ago, Lord Elrond said:

Exactly. Apple could get it financed very easily with all that collateral to back up any borrowing. People would be falling all over each other to give them money. And that’s assuming they would take a 100% ownership position. Set it up as it’s own corporation, and they could sell off 49% of it and still have total control.  Lots of options

Apple would have multiple ways to buy a couple Netflix valued companies without taking on any debt.  To be honest, Apple would actually be better off buying Disney.  They get a better library and inventory of current programming/live sports.  They then could sell/spin off a bunch a extremely valuable assets Apple has no use for.  I am thinking the TV stations, parks, resorts, cruise line, time share company, real estate, book publishing houses, etc.  It would dramatically lower the ultimate purchase cost and create another income stream for Apple by licensing Disney IP to many of the divisions they would sell.

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If Apple is going to be investing in sports heavily (which the MLS deal hints), they are either going to buy a media company that has a strong linear platform or they are going to partner with one.  Apple isn't going to want to lose money on their sports media rights purchases.  The only way to make money off those deals currently and at least through the next decade is with a share of that content distributed live through linear components.

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Sure thing brianstl, if Apple's intention is to buy another company they can do it. If they want to take no extra debt, then they will have to dilute the stock significantly which will likely lower the price of AAPL. The question is figuring out what they want to buy: 1. What is the best deal for Apple?, 2. How much is it going to cost (after eliminating redundancies)?, 3. How long will it take until they can expect to make a profit from the acquisition? 4. How much new debt do they want to take?

One interesting point has to be made, Jobs was a true genius, Cook is not.

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MLS did a deal with Apple.  $100mil but my only issue (as someone that wants more MLS exposure) is that it will be behind a paywall. But I think it was the most money MLS was offered and I think there is a lot of cynergy with Apple and MLS fans so maybe it'll work.

Not to ruin Business MSNBC on Billikens.com but to bring this back to the topic on hand, the next domino is the PAC-12 media deal.  So if the $ isn't enough you may see some bolt to the B12.  Most likely the AZ schools, UU, CU.  WU and Oregon could maybe go B10 but that is a loooong flight.  If they go B12 longer flight as the B12 added UCF and has WVU.  Cal and Stanford are just different animals they won't go B12 (I don't think but we live in a crazy world).

B12 has a new commissioner (Yorman) who is way more active than the last dude that was napping on the job (Bob Bowlsby).

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3 hours ago, TheA_Bomb said:

MLS did a deal with Apple.  $100mil but my only issue (as someone that wants more MLS exposure) is that it will be behind a paywall. But I think it was the most money MLS was offered and I think there is a lot of cynergy with Apple and MLS fans so maybe it'll work.

Not to ruin Business MSNBC on Billikens.com but to bring this back to the topic on hand, the next domino is the PAC-12 media deal.  So if the $ isn't enough you may see some bolt to the B12.  Most likely the AZ schools, UU, CU.  WU and Oregon could maybe go B10 but that is a loooong flight.  If they go B12 longer flight as the B12 added UCF and has WVU.  Cal and Stanford are just different animals they won't go B12 (I don't think but we live in a crazy world).

B12 has a new commissioner (Yorman) who is way more active than the last dude that was napping on the job (Bob Bowlsby).

I think Stanford and Cal joining the Big Ten makes more sense than Washington and Oregon. 1) locks up the SF media market (B10 seems very media market driven after the Rutgers/Maryland and USC/UCLA additions) 2) aligns with the B10's purported emphasis on academic reputation/rigor 3) strengthens the B10 California connection/presents.

So maybe:

Arizona, Arizona St, Utah, Colorado -> Big XII (16 teams)

Stanford, Cal -> Big Ten (18 teams)

Oregon, Washington, Oregon St, Washington St -> Mountain West (16 teams)

Goodbye Pac-12?

 

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8 hours ago, Compton said:

I think Stanford and Cal joining the Big Ten makes more sense than Washington and Oregon. 1) locks up the SF media market (B10 seems very media market driven after the Rutgers/Maryland and USC/UCLA additions) 2) aligns with the B10's purported emphasis on academic reputation/rigor 3) strengthens the B10 California connection/presents.

So maybe:

Arizona, Arizona St, Utah, Colorado -> Big XII (16 teams)

Stanford, Cal -> Big Ten (18 teams)

Oregon, Washington, Oregon St, Washington St -> Mountain West (16 teams)

Goodbye Pac-12?

 

I agree, but what exact teams go where is in flux, because the biggest domino waiting to fall is Norte Dame. Last checked, they wanted a deal giving them alone about $75 mil a year. Not sure they could get that, but if every Big 10 team in the next rights deal could get $100 mil a year without the Fighting Irish, the question becomes just how much money is Norte Dame willing to give up to maintain its Independent status. If Norte Dame wants to join a conference for football, the logical choice is the Big 10. They fit in every other way (geographically, academically) and a lot of their traditional rivalries are going to be in the Big 10.

After that, then the Big 10 grabs whoever they want from the PAC 10 for another team (Oregon? Washington?), and the rest of the PAC 10 joins either the Big 12 or the Mountain West. Exactly who goes where I’m not sure, multiple teams could make logical cases to join multiple conferences.

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As for why the Big 10 makes sense for the Fighting Irish, check out the following article:

 

https://www.uhnd.com/history/2020/04/29/top-10-greatest-rivalries-in-notre-dame-football-history/

from the list, teams that will be in the Big 10:

1 -USC

2 - Michigan

3 - Michigan State

6 - Purdue

10 - Penn State

 

on the list, the highest rated rivalry not in the Big 10 is number 4, Miami. If Norte Dame wanted them in, and Miami wanted to come along, the Big 10 would agree in a heartbeat. Of the other big Norte Dame rivals on that list, the Big 10 would take any of them to get Norte Dame to go along (7-Stanford,8-Boston College, 9-Pitt) except maybe Navy (the #5 rival of the Irish). Not sure I see a service academy going to the Big 10.

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