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Message: <blockquote data-quote="topdecktiger" data-source="post: 129433479" data-attributes="member: 1459051">The Big 12 has a clause in its contract which states that if new teams are added, the payout will be readjusted so that the schools get the same amount as they did before. The Big 12 gets $200 million a year now from ESPN and Fox (not 300). That's $20 million per team. If two more teams are added, that means ESPN and Fox would raise the total payout up to $240 million a year, to make up the difference for the two extra teams.I know you think that sounds crazy, but it's actually not. The reason is, it precludes ESPN and Fox from having to renegotiate if the Big 12 expands. For example, when the ACC added Syracuse and Pitt, ESPN's yearly payout increased from $156 million a year to $238 million. That's $82 million a year extra. By contrast, with this clause, the Big 12's increase is locked in at ~$40 million, and ESPN and Fox are only on the hook for $20 million each. So the upshot for ESPN and Fox is that they guarantee a little bit more, in return for not having to potentially pay a lot more.The issue for the Big 12 is that this precludes them from realistically getting any P5 teams. Since the increase is locked in, ESPN and Fox don't have to renegotiate and give a bigger raise if the Big 12 got some marquee teams (i.e. Florida St, Notre Dame). There wouldn't be any incentive for P5 teams to join, because since the payout won't increase, they won't really get any more money than they do now. The only teams that would be interested are mid-major teams (Houston, Cincinnati), since this payout would still be a lot more than they get now.</blockquote>

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