I know we discussed this, but if the NCAA requires OM to repay bowl revenue, **** is going to get real in a hurry. Lets say that the NCAA vacates all of Freeze's seasons and hits OM with an additional 2 year bowl ban.
Assuming this is just their cut and not gross level (RIP if it's gross bowl level revenue), OM could easily be looking at:
2012 - $1MM (Birmingham Bowl)
2013 - $2.5MM (Music City)
2014 - $3MM (Peach Bowl)
2015 - $4MM (Sugar Bowl)
That's roughly $10MM.
Additionally, they're already losing nearly $8MM from 2017 SEC distribution due to the self imposed post season ban. Two additional years handed down by the COI could easily be another $8.5MM and then $9MM in loss revenue. That would be $25MM.
All total, net cash position over the next few years, OM could be looking at 'losing' anywhere between $30-40MM, IMO.
Assuming this is just their cut and not gross level (RIP if it's gross bowl level revenue), OM could easily be looking at:
2012 - $1MM (Birmingham Bowl)
2013 - $2.5MM (Music City)
2014 - $3MM (Peach Bowl)
2015 - $4MM (Sugar Bowl)
That's roughly $10MM.
Additionally, they're already losing nearly $8MM from 2017 SEC distribution due to the self imposed post season ban. Two additional years handed down by the COI could easily be another $8.5MM and then $9MM in loss revenue. That would be $25MM.
All total, net cash position over the next few years, OM could be looking at 'losing' anywhere between $30-40MM, IMO.
