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<blockquote data-quote="Buckaineer" data-source="post: 129512964" data-attributes="member: 1428007"><p>For those still thinking that this is determined by the networks only--the BIG 12 has look-ins and a composition clause:</p><p></p><p>excerpt from ESPN when contracts were signed:</p><p>ESPN:</p><p><strong>I haven't seen the physical TV contract the Big 12 just signed with Fox and ABC/ESPN for $2.6 billion over 13 years, but does it give you the flexibility to renegotiate for more money if you were to expand at some point? </strong></p><p></p><p>BOWLSBY:</p><p>Yes. It certainly accomodates that. It also references departures. That's just good business on our part, and good business on the part of Fox and ESPN.</p><p><a href="http://espn.go.com/blog/big12/post/_/id/55478/part-2-big-12-commish-bob-bowlsby-qa">http://espn.go.com/blog/big12/post/_/id/55478/part-2-big-12-commish-bob-bowlsby-qa</a></p><p>Which references the composition clause--and this from CBS on the look ins also described below:</p><p>excerpt:</p><p><a href="http://www.cbssports.com/collegefootball/writer/dennis-dodd/20090469/big-12-espn-fox-finally-get-deal-done"></a></p><p><a href="http://www.cbssports.com/collegefootball/writer/dennis-dodd/20090469/big-12-espn-fox-finally-get-deal-done">There is a pre-determined "look-in" clause in the contract that is boiler plate in most deals. In fact, it was one of the first agreements reached in the contract six months ago. That look-in, though, does not specifically have to deal with expansion.</a></p><p></p><p>And while this segment of this article discusses the SEC, this is the same type of situation the BIG 12 is in with their look ins and composition clauses:</p><p></p><p>excerpt:</p><p>I spoke with network officials and major conference officials about <strong>the boiler plate workings of college football contracts.</strong> Here's the nutshell version:</p><p></p><p>A "look-in" basically says both parties can talk about adjusting the deal, but there is no obligation to do so on the broadcast partner's part -- in this case, ESPN. "Look-ins" are the 98-pound weaklings of TV contract clauses.</p><p></p><p>But an "opener" has more meat on its bones. An "opener" means the broadcast partner must negotiate in good faith. And if a deal can't be struck, then the dispute goes to arbitration.</p><p></p><p><em>You lost me. What does this have to do with Texas A&M and the SEC?</em></p><p></p><p>The SEC can't go on the open market for its next TV contracts until fiscal 2025. That's a long time to watch other conferences make more money than you. According to several conference officials familiar with such deals, the SEC's best chance of getting more money added to its existing deals (which looked great to the SEC back then, but less great now) is to meet the requirements of its "opener." I haven't seen the contract, but here's guessing the SEC would have to add two more teams to the conference to trigger those good-faith negotiations.</p><p></p><p>In the business, they're also called "conference composition clauses." If the number of SEC members changes, then so could the existing deal. And one way the SEC changes is if it adds, oh, I don't know, maybe Texas A&M and a 14th team to the league.</p><p></p><p><a href="http://espn.go.com/espn/columns/story?columnist=wojciechowski_gene&page=wojciechowski-110816&sportCat=ncf">http://espn.go.com/espn/columns/story?columnist=wojciechowski_gene&page=wojciechowski-110816&sportCat=ncf</a></p><p></p><p>So the end result of all of this is the BIG 12 has tv contracts that guarantee increases to at least pro rata for expansion, its not something that can be denied--only increases above that are in question or debatable:</p><p></p><p>Both Boren and Bowlsby have confirmed that.</p></blockquote><p></p>
[QUOTE="Buckaineer, post: 129512964, member: 1428007"] For those still thinking that this is determined by the networks only--the BIG 12 has look-ins and a composition clause: excerpt from ESPN when contracts were signed: ESPN: [B]I haven't seen the physical TV contract the Big 12 just signed with Fox and ABC/ESPN for $2.6 billion over 13 years, but does it give you the flexibility to renegotiate for more money if you were to expand at some point? [/B] BOWLSBY: Yes. It certainly accomodates that. It also references departures. That's just good business on our part, and good business on the part of Fox and ESPN. [URL]http://espn.go.com/blog/big12/post/_/id/55478/part-2-big-12-commish-bob-bowlsby-qa[/URL] Which references the composition clause--and this from CBS on the look ins also described below: excerpt: [URL='http://www.cbssports.com/collegefootball/writer/dennis-dodd/20090469/big-12-espn-fox-finally-get-deal-done'] There is a pre-determined "look-in" clause in the contract that is boiler plate in most deals. In fact, it was one of the first agreements reached in the contract six months ago. That look-in, though, does not specifically have to deal with expansion.[/URL] And while this segment of this article discusses the SEC, this is the same type of situation the BIG 12 is in with their look ins and composition clauses: excerpt: I spoke with network officials and major conference officials about [B]the boiler plate workings of college football contracts.[/B] Here's the nutshell version: A "look-in" basically says both parties can talk about adjusting the deal, but there is no obligation to do so on the broadcast partner's part -- in this case, ESPN. "Look-ins" are the 98-pound weaklings of TV contract clauses. But an "opener" has more meat on its bones. An "opener" means the broadcast partner must negotiate in good faith. And if a deal can't be struck, then the dispute goes to arbitration. [I]You lost me. What does this have to do with Texas A&M and the SEC?[/I] The SEC can't go on the open market for its next TV contracts until fiscal 2025. That's a long time to watch other conferences make more money than you. According to several conference officials familiar with such deals, the SEC's best chance of getting more money added to its existing deals (which looked great to the SEC back then, but less great now) is to meet the requirements of its "opener." I haven't seen the contract, but here's guessing the SEC would have to add two more teams to the conference to trigger those good-faith negotiations. In the business, they're also called "conference composition clauses." If the number of SEC members changes, then so could the existing deal. And one way the SEC changes is if it adds, oh, I don't know, maybe Texas A&M and a 14th team to the league. [URL]http://espn.go.com/espn/columns/story?columnist=wojciechowski_gene&page=wojciechowski-110816&sportCat=ncf[/URL] So the end result of all of this is the BIG 12 has tv contracts that guarantee increases to at least pro rata for expansion, its not something that can be denied--only increases above that are in question or debatable: Both Boren and Bowlsby have confirmed that. [/QUOTE]
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