Episode Transcript
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Speaker 1 (00:00):
It's time for our weekly Pack twelve conversation with Sen
Jose Mercury News reporter John Wilner, brought to you by
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Speaker 2 (00:51):
Here he is the Pope of the pack.
Speaker 3 (00:53):
The big ten baron our friend from the San Jose
Mercury News, Johnny Wilner, John, How are you pale?
Speaker 4 (01:00):
I'm good? Thanks?
Speaker 2 (01:00):
How you guys good?
Speaker 3 (01:02):
Normally we talk at five, but given the three pm crowd,
a little flavor of the greatness that you bring to
the radio show. You've won three in a row, by
the way, with your selection. You got dub minus the
points against Purdue last week. So we'll try to make
it four in a row. Coming up in about fifteen
minutes from now. But you and I spoke a little
bit this morning offline about the equity deal. What's important
(01:26):
for fans to know because now there's a lot of
a lot of rumors getting kind of tossed around, fans
of certain fan bases getting kind of pissed off and
annoyed at their cut of this potential equity deal. What's
the latest that you can share with people, John Well, the.
Speaker 5 (01:42):
Latest is that is on pause, and I think that
pause is going to be for many months, if not
for good. The investor, which is the financial portfolio for
the University of California pension fund, they the investor off
for two point four billion dollars to the Big Ten
(02:04):
in exchange for ten percent cut of what would be
a commercial subsidiary of the conference that they would create.
Now that two point four billion would be divided among
the eighteen schools and tiered basis Washington would be on
the lowest tier, getting one hundred and ten million dollars
up front. All the schools would have to tie their
(02:25):
grand of rights up for twenty years, which means they
could not leave for another conference. They could not leave
for a super conference for twenty years.
Speaker 4 (02:33):
So those are like the biggest pieces of it.
Speaker 5 (02:36):
And it is now on pause because Michigan and USC
said we're not going to sign, and without all eighteen
agreeing to extend their rights for twenty years, there's a
you know, instable, unstable future for the conference, and the
investor kind of wanted to take a pause and see
(02:57):
if the big ten can get everybody on the same page.
Speaker 6 (03:00):
What has Washington done to deserve to be on the
lowest tier?
Speaker 5 (03:05):
Yeah, well, I mean that's the thing. If I'm a
ued up fan, I'm wondering, why are we on the
lowest heer? We're you're below Oregon. So it is codifying
in writing that Washington is on a lower tier than Oregon,
and that kind of raised an eyebrow on my end. Immediately,
Oregon would get with the Oregon and USC would be
(03:26):
the middle tier, getting one hundred and fifty million up front.
Washington would be on the lower tier with Rutgers and
you know, Indiana and Minnesota getting one hundred and ten million.
Speaker 4 (03:37):
I think that it is largely.
Speaker 5 (03:39):
Due to a brand, which would be TV rating slash success.
I don't know the particulars, but it's basically a brand assessment.
Penn State, Michigan, and Ohio State are on the highest tier,
and USC is not happy about being behind Ohio State
and being on the same tier as Oregon.
Speaker 3 (03:58):
Yeah, I'm gonna get I guess I get why USC
would be mad. What does Michigan want though? Do they
want more than a buck ninety? Do they want a
bigger percentage than what they're already getting? What's Michigan's beef?
Speaker 5 (04:12):
Well, first of all, Michigan isn't worried about not having
their grant of rights protected for twenty years, right right?
Speaker 4 (04:21):
I mean, if you're Minnesota.
Speaker 5 (04:22):
Or Purdue, you're worried that the super League's gonna come
along and the big brands in the Big ten are
gonna leave you behind, just like Oregon State, Washington State
got left behind.
Speaker 4 (04:33):
Michigan hadn't worried about that. If there's a super League,
Michigan is like number three.
Speaker 5 (04:38):
So they they look at it like, why would we
tie ourselves up for twenty years in a very fluid environment,
and why are we taking money?
Speaker 4 (04:49):
A lot of the schools are going to use the money.
Speaker 5 (04:50):
To pay off debt, you know, to pay stadium debt,
to pay revenue sharing, to pay whatever. Michigan's like, we
are okay without the money, and we I think selling
off ten percent of the Big ten's revenue over twenty
years in exchange for taking money to pay off debt
is a bad financial decision.
Speaker 7 (05:10):
John, you mentioned USC being the on the second tier,
and I guess maybe that has to do with revenue generated.
Why is USC's revenue generated so low for being in
such a massive market.
Speaker 6 (05:20):
They were eight in overall valuation. I think Forbes did it.
Speaker 7 (05:23):
They were eighth in valuation and barely in the top
twenty in college football and revenue.
Speaker 4 (05:30):
Your good question. I didn't see that.
Speaker 5 (05:31):
But some of it would probably be for stadium, you know, attendance.
They you know, they haven't exactly packed packed the coliseum,
and you're comparing them to a lot of SEC and
Big ten teams that sell out eighty ninety thousand seats.
The other thing is it's probably taking into account TV revenue,
and I don't know what year that was from, but
(05:52):
you know, if it was a packed ten or pack
twelve year, they would have had lower TV revenue than
a lot of schools.
Speaker 3 (05:59):
Right, So to John Wonner with us and John to
kind of dumb this thing down a little bit, mostly
for my purposes to be honest with you, but to
dumb this thing down, this equity thing, which I'll be truthful,
I get so tired of conversations like this in sports, right.
Speaker 2 (06:13):
It is just tiresome.
Speaker 3 (06:14):
You know, these types of conversations, these conferences. Got to
figure out what the hell they're doing. Stop dragging this
stuff out so we can just go back to talking
about football, for God's sakes.
Speaker 2 (06:24):
That's number one.
Speaker 3 (06:24):
Number two, This basically, in essence, would lock in you
dub if they did this deal as a Big ten
member for twenty years, ten percent of the equity then
would go to this company. However, when the radio excuse me,
when the media rights deal comes up every five years,
there still would be starting in two thousand and thirty one,
(06:45):
I believe it is John another opportunity every five years
to make even more money than the half share they're
getting right now, correct.
Speaker 4 (06:54):
That is correct.
Speaker 5 (06:55):
Part of the plan is it is that the Big
ten would redo its media deal every five years and
that would increase the value of the investors share of
their ten percent stake. It would also increase the annual
TV money for all the schools. That's a big That
is a big part of it. But I will say
(07:17):
that you know that TV money is going to be
distributed on a tiered basis. The other piece of this
is they're going to start an uneven revenue distribution within
the Big ten on the annual revenue and Washington would
again be on a lower tier. There they would have
the opportunity to move up based on performance, but they
would basically be on a lower tier than Oregon in
(07:38):
the annual payouts as well.
Speaker 3 (07:40):
So okay, so just wrap this up. Dick may have
one more on this, but I just just one more
to put a bow on this thing.
Speaker 2 (07:45):
John.
Speaker 3 (07:46):
You hear things like from Cougar fans and Oregon State fans,
who I get it, are you know, despondent right now?
And I don't blame them for feeling the way they
do that you should have stuck in the PAC twelve.
You see, this is why you're going to be a
half share Harry for the rest of your life if
you're going to sell your soul and you should stayed
with us?
Speaker 2 (08:03):
Should they have?
Speaker 3 (08:04):
I mean, honestly, for as much as you don't think
this is the right move for you, Dubbed to vote
for this equity deal, will this, even if they accept it,
be proven to be a better financial situation for them
over the next get two decades than whatever they would
have had coming their way if they had stayed with
Oregon in the new look PAC ten without the LA schools.
Speaker 4 (08:29):
Yeah, I think it would have.
Speaker 5 (08:31):
I don't think Washington is ever going to get to
the point where they're a full share member because by
the time the current deal ends, when they're half shared,
the Big ten could very well go to unequal shares
for everybody. Right, so the only the only schools getting
the full shares are going to be Michigan and Ohio State.
But Washington find you know, if you're just tallying up
(08:52):
the dollars, and I would have to, you know, map
the whole thing out. What is the alternative universe with
the with the PAC ten staying alive? Yes, probably Washington
would be better off financially over the course of twenty years.
Speaker 4 (09:04):
Yes, for sure.
Speaker 5 (09:06):
The competitive peace, to me, is not as easy to answer.
I don't know that Washington. If you're looking at playoff bids,
I'm not convinced Washington would be better off in the
Big Ten that would have been in a Pac Ten.
Speaker 7 (09:18):
John, how dangerous is this game for you, dub Is
UCLA still in upset mode or they kind of sank
back into the abyss and now they're no longer have
the potential to be Bowl eligible, so they might just
lay lie over.
Speaker 5 (09:30):
Yeah, I don't know if they'll lay down. It's a
last home game for any players who are moving on,
and that's always an emotional advantage I think. But Washington's
been so bad on the road that to me, they
could lose any game that's away from Husky Stadium. I mean,
if they could lose to Wisconsin, they could certainly lose
to UCLA.
Speaker 4 (09:50):
That's kind of how I view.
Speaker 6 (09:51):
At least it won't be thirty five degrees in snowing
in La.
Speaker 3 (09:53):
At least, I'm telling you the weather wasn't that terrible
that Wisconsin.
Speaker 2 (09:58):
It really wasn't. And I get your point. Think of bad.
Speaker 3 (10:01):
TV, it really wasn't as bad as you think. Man,
I just told people aren't using that as an excuse
for the way the Huskies played in that game because
it was not to me one that was eligible for
an excuse. But you know, look, I mean, like you said, right,
that's the last game with the Rolls Bull for a
lot of these guys. You realize, John, that U dubb
has lost nine of ten in Pasadena to UCLA ten
(10:23):
of eleven overall if you include the actual Rolls Bowl
loss to Ohio State.
Speaker 2 (10:28):
So I mean, are you still weird? It's very weird.
Speaker 3 (10:32):
Do you have a thought like this with a You
ever thought of why that is, by the way, why
you'd destruct so much down there?
Speaker 4 (10:39):
I haven't.
Speaker 5 (10:40):
I mean, it's you know, a lot of times it's
like playing football in a parking lot because it's empty.
But you know, some teams just have problems with some opponents,
like Washington's got the same issue with ASU. Right, they
couldn't be ASU, or every game was close. So I
think it's just one of those unexplainable deals.
Speaker 3 (10:57):
I do wonder, Dick and John, how many references to
jetfish and the UCLA job we're going to have on
the broadcast on Saturday if that job is not filled
by then, which I don't think it will be filled
by Saturday. And how many times are you going to
hear somebody's saying, oh, you could see jetfish next year
coach of this Brewin football team, blah blah blah. Are
you still on fish watch John when it comes to
him potentially leaving or did the Wisconsin loss kind of
(11:19):
put all that on ice for a while you think.
Speaker 5 (11:22):
Now, I'm on fish fish watch for sure. I just
think until the door is closed officially, it's it's always possible,
especially with somebody who has moved around like he has.
Now we'll see what Lane Kiffin does with the LSU
Mississippi Florida situation, and if Kifvin passes on Florida, you know,
I think that, especially if Washington finish is strong, I
(11:45):
think fish could be an option there. I know that
UCLA is looking at at Bob Jesney from James Madison,
but I'm not going to rule anything out until it's done.
Speaker 7 (11:56):
Deal right, Share your theory with us for the game
time of the Husky the Oregon game and how it
ties into what Oregon does this week against USC.
Speaker 5 (12:06):
Well I've been told that CBS has got the first
pick that day. So the two games that are unknown
are Oregon Washington and USC UCLA. My sense is the
winner of the Oregon USC game on Saturday, Yeah, will
play on CBS. So they'll twelve thirty slot on the
twenty ninth, because CBS picks before NBC does.
Speaker 3 (12:26):
Okay, well, which begs the question who wins Oregon USC?
Speaker 5 (12:32):
I think the Ducks are going to smoke them, really,
because the line was big.
Speaker 6 (12:36):
I was a little surprised to see how big the line.
Speaker 2 (12:38):
Ten and a half.
Speaker 5 (12:40):
Yeah, I mean, everybody likes the bet Oregon at home
and they usually went big and SC has not been
very good on the rud. I mean, everybody's handling the
game against Nebraska. They barely beat Nebraska and Royola was
out for tho what the second half? I don't didn't
view that as, you know, some kind of signal that
the Trojans have ascended to a higher level.
Speaker 7 (13:00):
John Rick new Eiel told us a couple of weeks
ago that he thinks Lane Kiffin's going to stay at
Ole Miss and he should stay at Old Miss. And
now it looks like Ole Miss has given him a
Moratar a deadline of basically the Thanksgiving the Egg Bowl
to give him a decision.
Speaker 6 (13:14):
So what do you think is going to happen? And
do you agree with Rick that he should stay there?
Speaker 4 (13:20):
Boy, I don't know.
Speaker 5 (13:22):
It's interesting because Ole Miss and Florida. You know, ten
or fifteen years ago, there was no question which was
a better job, right, But now, if you're in a
place like Old Miss, where you've got a great nil
collective and school support, you can pay for a roster
that can get you into the playoff. And that's what
he's done. I mean, they're in basically, so the difference
(13:44):
in those two jobs is not what it was now.
Speaker 4 (13:46):
LSU, to me is a higher level LSU.
Speaker 5 (13:50):
Three different coaches have won the national title at LSU
this century. That place is a title machine. But they've
got problems with a president, problems with the ad. Right,
it's a mess down there. So I think he might
end up staying. I don't think he'll go to Florida
if he picks I don't think he'll go to Florida.
But that's also the reason, one reason Kenny Dillingham's not
(14:11):
interested in leaving ASU. He can get to the playoff
from ASU.
Speaker 3 (14:16):
Why would you, if you're the ole miss ad give
Lane Kiffin an ultimatum? I mean, don't you want the
guy back? You want the guy back?
Speaker 4 (14:23):
Right, you do want the guy back.
Speaker 5 (14:26):
But I think either they don't want it to seep
into December, and like, are they gonna have you know
what happens if they're in the playoff on December twentieth, Right,
is Kiffin gonna be Is that gonna drag on that long?
Speaker 4 (14:40):
Is they want to know?
Speaker 5 (14:42):
And I kind of don't blame him there, but could
it could end up backfiring on him.
Speaker 3 (14:47):
Absolutely could backfire. By the way, just for the record,
you can take it or leave it. Kiffin apparently went
on McAfee and said that's not true that he was
not given an ultimatum. I can see how was somebody
to say, hey, man, we gotta know, right, yeah, we
gotta no versus, we must no by this date or
we're gonna start looking for a new head coach.
Speaker 2 (15:03):
Yeah. I doubt they'd go that far, that's true.
Speaker 7 (15:05):
And then another coach in the news, John Well least
Desmond Howard put him in the news. Desmond Howard, releasing
a video today, says he believes Sark will leave Texas
for the NFL, and the Texas AD had a great quote.
He quote tweeted the video saying, thanks for the insight.
Speaker 6 (15:19):
It's news to me. Do you agree Sark.
Speaker 2 (15:23):
Will leave for the NFL?
Speaker 7 (15:26):
Uh?
Speaker 4 (15:28):
Boy?
Speaker 5 (15:29):
I could see him saying to himself, you know what,
I want to stay one step ahead of the posse
here in Austin. I mean, he's taken them to the
playoff two years in a row, like he has rebuilt
them quickly, and yet now he's at a place where
if he does it win the national title, everybody's gonna
be frustrated. So I could see him leaving for the NFL,
(15:50):
not having any idea how many jobs are going to
be opened for what's it going to be five six
more weeks for that. I would not be that surprised.
He He's coached in the NFL before. He's one of
those guys that you can see doing it and doing
it effectively.
Speaker 4 (16:05):
So I would not be surprised at all about that.
Speaker 2 (16:07):
John. Do you vote for the Coach of the Year
in college football?
Speaker 4 (16:12):
I do vote for it through the Associated Press. Yes.
Speaker 3 (16:15):
Would you consider Jake Dickert to be on your ballot
right now. At wake Forest, I.
Speaker 5 (16:20):
Would put Jake Dickert on my short list of five
or six guys.
Speaker 4 (16:26):
I mean, Wake Forest was picked.
Speaker 5 (16:27):
They should be last in the ACC, and he's got
him at seven and three. He's doing a terrific job.
Speaker 2 (16:33):
Who's your winner right now? Signetti?
Speaker 4 (16:37):
Uh, who's my winner? That's a good question.
Speaker 5 (16:39):
I haven't even really, to be honest, I have not
given it any thought.
Speaker 4 (16:43):
Signetti would be way up there. Probably not. Joey McGuire
Elka would be way up there.
Speaker 5 (16:50):
Joey McGuire's got such an expensive roster that I at
Texas Tech, I probably wouldn't vote for him. I'm just
trying to think boys, that's uh, that's a tough one.
Maybe Signetti, just because they're kind of on the next
level than they were last year.
Speaker 7 (17:04):
Well, speaking of coaches, you got James Franklin now at
VA Tech. Is that enough to make VA Tech a
real player in that conference?
Speaker 5 (17:11):
Yes, don't you think? I mean, I think that conference
is wide open?
Speaker 2 (17:14):
Oh yeah.
Speaker 5 (17:15):
He he goes there and wins, wins nine, eight or
nine every year.
Speaker 4 (17:19):
Absolutely.
Speaker 5 (17:20):
I mean the ACC just got a lot harder for
like Stanford and cow for instance.
Speaker 4 (17:26):
So No, I think that was a great hire for
Virginia Tech. He knows that terrain.
Speaker 5 (17:31):
He grew up in Pennsylvania, he recruits that area. I
thought that was that was one of those cases where
firing you a coach in the middle of the season
ends up working out for the best.
Speaker 3 (17:41):
Well, John, unless I'm blind, I got you at eight
and four after twelve games on the air. You've won
three straight since your loss with the Indiana UCLA game.
So the Wingdalorean is what we call John when he
makes his pick every week. He is back on the
proper path and he is just chugging right through life.
Speaker 2 (17:58):
Man.
Speaker 3 (17:59):
Unbelieve eight and four on the air, three in a row.
Give us a winner, John, who do you like this
week to go for four in a row and run
your record to nine and four?
Speaker 4 (18:10):
Oh man, I just looked at it before we got talking.
Speaker 5 (18:15):
I will take Arizona, Okay at home against Baylor, Okay.
I believe the Cats are giving six, six and a
half something like that.
Speaker 4 (18:25):
It's less than a touchdown.
Speaker 5 (18:26):
Arizona is rolling, They're playing their last home game of
the season, and Baylor just, I.
Speaker 4 (18:33):
Mean Utah just stomped on them.
Speaker 5 (18:37):
And I think Baylor is not very good on the road,
and there David Anna might get fired.
Speaker 4 (18:41):
I think Arizona will roll in that game.
Speaker 3 (18:44):
Arizona minus six and a half against Baylor is the play.
All right, man, great stuff, good luck, and we'll talk
in a week in our proper time of five o'clock
next Tuesday.
Speaker 2 (18:52):
John, appreciate it.
Speaker 4 (18:53):
Man, Thanks lot, guys.
Speaker 3 (18:54):
All right, John Wilner was some great stuff. You want
to know what's happening with this big ten equity deals?
The guy to follow on social media. He is all
over at Man, and fans are getting mad. How can
you dub be a third tier against Anyboddy? How can
they be on the same financial plane as Rutgers. And
here's the thing, I agree with that, but even that
is still better than the deal they would have had
(19:15):
if they had stayed in the old.
Speaker 2 (19:17):
Pac ten or Pac twelve.
Speaker 3 (19:18):
So we got hockey coming up, we got red Wings,
we got krakein from Detroit, face off at four o'clock
pregame with Mike Benton Company coming next on ninety three
to three KJRFM.
Speaker 4 (19:29):
Bye