Former Fox Sports executive explains how Pac-12 miscalculated and killed itself

The executive noted that the $ ESPN and Fox are paying to relocated #Pac12 schools is more than the $30M per school the Pac turned down in 2022.

Bob Thompson is a former Fox Sports television executive. He is a voice of experience in television negotiations, particularly in college sports media rights battles such as the recent Pac-12 theater of the absurd that wound up killing the conference.

When the Pac-12 rejected ESPN’s 2022 deal, it ignored Thompson’s specific advise and expertise. Thompson had estimated the value of a Pac-12 package without USC and UCLA at $30 million per school per year. That dollar figure is what the Pac-12 rejected last year in the hope of a $50 million moonshot. If the Pac-12 had taken ESPN’s deal, it would be alive and stable today.

Thompson cited that $30 million per school figure in an illuminating set of social media posts. Let’s share that thread and offer a few other notes from fans in ACC markets who are thinking about whether inviting Stanford and Cal is a good idea: