Leeds on Finance weighs in on Big 12 market deal

[txfrog87]

Sandy Leeds, CFA is a Senior Lecturer at The University of Texas at Austin. He teaches graduate level classes in the MBA program and also serves as President of The MBA Investment Fund, L.L.C.

http://leedsonfinance.com/

55. We almost saw a replay of the AOL / Time Warner merger! If you remember, AOL turned their overpriced stock into real assets by merging with Time Warner. Time Warner shareholders were killed by this deal. This past week, the Pac 10 tried to do the same thing. The Pac 10 tried to acquire some of the best Big 12 teams at a time when the Pac 10’s best team (USC) has lost a tremendous amount of value (due to NCAA probation).


56. While Texas and nine other Big 12 teams decided late Monday to stay put, this whole deal was a true debacle. We lost two “big name” teams in Colorado and Nebraska. I love Texas, but it gets old watching them play Baylor, Iowa State, Kansas, etc. Then, you add in nonconference games against powerhouses like Rice and you’ve got quite the schedule. The bottom line is that losing Colorado and Nebraska made a weak conference even weaker. I’m hoping that there is going to be news released about adding some teams that will strengthen the Conference. With that said, I will be shocked if anything good like that happens.

 

[BrewingFrog]

He will be quickly silenced.

The Regime tolerates no dissent!

 

[SnoSki]

His second point about a weak conference is spot on.. MWC will have more ranked teams that Big XII 2.0 if Utah stays put.

 

[froginaustin]

The Regime will ignore Mr. Leeds.

A UTx classics professor named Thomas Pailima (I think that's the way his name is spelled) has been writing "guest" editorials in the American Statesman for years, complaining about the over-professionalization of sports at UTx. He wrote this stuff even while spending a term as president of their faculty senate.

He's still flailing away, as far as I know (although he has not spoken up, to my knowledge on this conference-shifting h34r: ), and of course absolutely nothing to de-emphasize sports at UTx has happened.

 

[frogbyproxy]

[SIZE=12pt]I think what UT has done is the best thing for college football! It proves what most have been saying all along that revenues go to specific schools and are not equally distributed not even in their own conferences. Senator Hatch! Get your notebook out. Justice department start reviewing the details of this contract. It’s time the BCS is abolished. The other conferences were trying to align themselves and prepare for a playoff system but the good old boys stepped in and said no way we still want the money. Basically UT thumbed their noses at the rest of the conferences. Governor Perry was the smartest of the politicians when he stated he thought the schools should handle this one. Impropriety if proven is something to be worried about. [/SIZE]