Monday, June 14, 2010

Show Me The Money

According to a news report from, FedEx has offered to pay any of the BCS conferences $10 million a year if they take Memphis as a member (FedEx has denied the claim). This was met with disgust in the press because it smacks of bribery, greed, etc.

But, yesterday the commissioner of the Big 12 offered Texas, Oklahoma and Texas A&M $20-$25 million dollars a year from the television contract if they stay in the Big 12. The other remaining 7 schools will only receive $14-$17 million from the same said contract. In other words, the big three will receive anywhere from $3 to $11 million more a year to be in the Big 12. How is that any different from what FedEx was reportedly offering?

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