Oklahoma fans are thinking that because the SEC was interested in them before, that they will definitively be interested in them again. Before we even get into the logic of that line of thinking, can we discuss the merits of that original belief?
Was the SEC interested in Oklahoma only? Or were they interested in Oklahoma as a dance partner with A&M. Remember, A&M was never going to be the 13th member of the SEC with the SEC planning to operate a season with 13 teams. That type of talk was just for show. There was always going to be a 14th team. The SEC lucked out when OU said "No" and Mizzou jumped into consideration. The SEC is making millions more dollars annually because they have Mizzou and not OU.
But back to the original conundrum I posed. OU thinks that because they were asked 5 years ago, that they will be asked again. Let me ask another relevant question to that time frame. Does the same OU fan think that if ESPN offers the sips $15 Million gross revenue annually for their tier 3 licensing rights in 2015, does that OU fan think that is a good deal now? The answer is clearly not, it seemed like a great deal back them, but the reality of today has changed. But they will suspend their own reality and think that the same factors are at play in their situation, today.
OU was offered a spot in 2010 before we were getting $0.40 per subscriber to the SEC Network in out of network States. In order for OU to make sense, and make cents literally, in 2015, they have to be able to provide the conference, not overall revenue but the conference, an additional $32 Million in overall revenue as a school and State. And even that is a flimsy premise as we should really be looking at the present value of our future financial distributions as a conference. Unless OU can offer the conference an additional $50 Million in annual revenues, the SEC would logically pass as taking them at a lesser number would be costing the member schools money.
Does anyone honestly believe that Oklahoma as a State and a school can offer the SEC $50 Million in annual revenue? Oklahoma has 621,000 cable television households. Virginia and North Carolina have 2 Million each.
Was the SEC interested in Oklahoma only? Or were they interested in Oklahoma as a dance partner with A&M. Remember, A&M was never going to be the 13th member of the SEC with the SEC planning to operate a season with 13 teams. That type of talk was just for show. There was always going to be a 14th team. The SEC lucked out when OU said "No" and Mizzou jumped into consideration. The SEC is making millions more dollars annually because they have Mizzou and not OU.
But back to the original conundrum I posed. OU thinks that because they were asked 5 years ago, that they will be asked again. Let me ask another relevant question to that time frame. Does the same OU fan think that if ESPN offers the sips $15 Million gross revenue annually for their tier 3 licensing rights in 2015, does that OU fan think that is a good deal now? The answer is clearly not, it seemed like a great deal back them, but the reality of today has changed. But they will suspend their own reality and think that the same factors are at play in their situation, today.
OU was offered a spot in 2010 before we were getting $0.40 per subscriber to the SEC Network in out of network States. In order for OU to make sense, and make cents literally, in 2015, they have to be able to provide the conference, not overall revenue but the conference, an additional $32 Million in overall revenue as a school and State. And even that is a flimsy premise as we should really be looking at the present value of our future financial distributions as a conference. Unless OU can offer the conference an additional $50 Million in annual revenues, the SEC would logically pass as taking them at a lesser number would be costing the member schools money.
Does anyone honestly believe that Oklahoma as a State and a school can offer the SEC $50 Million in annual revenue? Oklahoma has 621,000 cable television households. Virginia and North Carolina have 2 Million each.