• Hi Guest, want to participate in the discussions, keep track of read/unread posts access private forums and more? Create your free account and increase the benefits of your eGriz.com experience today!

Interesting tidbit in Pac12 drama...

Brother Bear

Well-known member
eGriz Club
This commissioner likes to get away and stay at his house in Montana :D


https://twitter.com/NicoleAuerbach/status/1701308386241819041?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1701308386241819041%7Ctwgr%5Eec07eb70f77657b06184b556f5c78cc535daa5ae%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ftrojanswire.usatoday.com%2Flists%2Fyoull-never-guess-where-george-kliavkoff-was-during-oregon-state-washington-state-pac-12-legal-hearing%2F
 
https://www.cbssports.com/college-football/news/court-rules-in-favor-of-oregon-state-washington-state-grants-temporary-restraining-order-against-pac-12/

The Superior Court of Washington ruled in favor of Oregon State and Washington State Monday, granting a temporary emergency restraining order against the Pac-12 that will disable the conference from conducting formal board meetings until the court rules further. Judge Gary Libey, however, amended the order to allow the Pac-12 to conduct business regarding urgent matters for the 2023-24 academic year before 10 of its 12 members depart for other conferences next summer.

The hearing and subsequent ruling came less than one week after Oregon State and Washington State, which are the only continuing Pac-12 members beyond the 2023-24 academic year, filed a complaint against the conference and commissioner George Kliavkoff. The complaint seeks to prevent any votes on the Pac-12's future from occurring until legal clarity is obtained on who controls what is left of the conference.

"We are very pleased with the court's decision today. It has always been our view that future of the Pac-12 should be determined by the remaining members, not by those that are leaving the conference," said Washington State president Kirk Schulz in a statement. "This position is consistent with the action the Pac-12 Board of Directors first took when the first two schools [USC and UCLA] announced their departure from the conference more than a year ago.
 
Brother Bear said:
This commissioner likes to get away and stay at his house in Montana :D


https://twitter.com/NicoleAuerbach/status/1701308386241819041?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1701308386241819041%7Ctwgr%5Eec07eb70f77657b06184b556f5c78cc535daa5ae%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ftrojanswire.usatoday.com%2Flists%2Fyoull-never-guess-where-george-kliavkoff-was-during-oregon-state-washington-state-pac-12-legal-hearing%2F

Word is that it's directly across the lake from someone else's lake house.
 
Brother Bear said:
This commissioner likes to get away and stay at his house in Montana :D


https://twitter.com/NicoleAuerbach/status/1701308386241819041?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1701308386241819041%7Ctwgr%5Eec07eb70f77657b06184b556f5c78cc535daa5ae%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ftrojanswire.usatoday.com%2Flists%2Fyoull-never-guess-where-george-kliavkoff-was-during-oregon-state-washington-state-pac-12-legal-hearing%2F

every elite from the coast has a house in Montana

Source = I'm a realtor ;)
 
Smart move by OSU/WSU, because a few of the schools need to come up with 25-30 million in fees to make the jump and they want the future royalty outlays to help them bridge the gap. The Pac12 will collect NCAA royalty money until around 2030 and long as the Pac12 exists the member institutions will continue to collect on it. They are just preventing those schools from getting paid by the pac-12 beyond their departure date. These schools chased the money, and the individual institutions likely should find a way to foot shortfalls until they are full members of their new conferences.

Based upon what I've heard and read, is that there might be an uphill battle to get UC approval for Cal to the ACC considering that it is going to be a decade at least where Cal is getting close to 20 million less than it would have in the Pac12. The school already receives enormous subsidies from the UC system to balance the athletic budget. The UC system further wants to tax UCLA's media rights payments to bridge the gap. Thus UCLA along with others really want to get as much control over how that money is distributed before they lose the power to legislate at the end of the school year.

The other element at play is that OSU/WSU wants to lure schools into the conference (they are still working on it) and if they can retain all those rights payments to 2030 it is going to help both WSU/OSU stay solvent financially and help them to cobble together a regional 6-8 team conference. Or so goes the rumor.
 
Grizfan-24 said:
Smart move by OSU/WSU, because a few of the schools need to come up with 25-30 million in fees to make the jump and they want the future royalty outlays to help them bridge the gap. The Pac12 will collect NCAA royalty money until around 2030 and long as the Pac12 exists the member institutions will continue to collect on it. They are just preventing those schools from getting paid by the pac-12 beyond their departure date. These schools chased the money, and the individual institutions likely should find a way to foot shortfalls until they are full members of their new conferences.

Based upon what I've heard and read, is that there might be an uphill battle to get UC approval for Cal to the ACC considering that it is going to be a decade at least where Cal is getting close to 20 million less than it would have in the Pac12. The school already receives enormous subsidies from the UC system to balance the athletic budget. The UC system further wants to tax UCLA's media rights payments to bridge the gap. Thus UCLA along with others really want to get as much control over how that money is distributed before they lose the power to legislate at the end of the school year.

The other element at play is that OSU/WSU wants to lure schools into the conference (they are still working on it) and if they can retain all those rights payments to 2030 it is going to help both WSU/OSU stay solvent financially and help them to cobble together a regional 6-8 team conference. Or so goes the rumor.

What a giant shitshow.
 
BWahlberg said:
Brother Bear said:
This commissioner likes to get away and stay at his house in Montana :D


https://twitter.com/NicoleAuerbach/status/1701308386241819041?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1701308386241819041%7Ctwgr%5Eec07eb70f77657b06184b556f5c78cc535daa5ae%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Ftrojanswire.usatoday.com%2Flists%2Fyoull-never-guess-where-george-kliavkoff-was-during-oregon-state-washington-state-pac-12-legal-hearing%2F

every elite from the coast has a house in Montana

Source = I'm a realtor ;)

Which is why native Montanans can't afford to live there anymore. We always thought we'd go back to retire but that's never going to happen now.
 
Da Boyz Mom said:
BWahlberg said:
every elite from the coast has a house in Montana

Source = I'm a realtor ;)

Which is why native Montanans can't afford to live there anymore. We always thought we'd go back to retire but that's never going to happen now.

I was being a little facetious there, however Montana since covid has really changed. Our current state administration is marketing / broadcasting our state as a haven for many with a lot of wealth to come move to. Up to one individually to determine if that's good or bad - home values are up so homeowner wealth is way up, but yeah, affordability for your everyday/regular Montanans is at an all time low.
 
AZGrizFan said:
Grizfan-24 said:
Smart move by OSU/WSU, because a few of the schools need to come up with 25-30 million in fees to make the jump and they want the future royalty outlays to help them bridge the gap. The Pac12 will collect NCAA royalty money until around 2030 and long as the Pac12 exists the member institutions will continue to collect on it. They are just preventing those schools from getting paid by the pac-12 beyond their departure date. These schools chased the money, and the individual institutions likely should find a way to foot shortfalls until they are full members of their new conferences.

Based upon what I've heard and read, is that there might be an uphill battle to get UC approval for Cal to the ACC considering that it is going to be a decade at least where Cal is getting close to 20 million less than it would have in the Pac12. The school already receives enormous subsidies from the UC system to balance the athletic budget. The UC system further wants to tax UCLA's media rights payments to bridge the gap. Thus UCLA along with others really want to get as much control over how that money is distributed before they lose the power to legislate at the end of the school year.

The other element at play is that OSU/WSU wants to lure schools into the conference (they are still working on it) and if they can retain all those rights payments to 2030 it is going to help both WSU/OSU stay solvent financially and help them to cobble together a regional 6-8 team conference. Or so goes the rumor.

What a giant poop.

Took the words right out of my mouth.
 
BWahlberg said:
Da Boyz Mom said:
Which is why native Montanans can't afford to live there anymore. We always thought we'd go back to retire but that's never going to happen now.

I was being a little facetious there, however Montana since covid has really changed. Our current state administration is marketing / broadcasting our state as a haven for many with a lot of wealth to come move to. Up to one individually to determine if that's good or bad - home values are up so homeowner wealth is way up, but yeah, affordability for your everyday/regular Montanans is at an all time low.

Sorta like the realty industry, eh......
 
BWahlberg said:
Da Boyz Mom said:
Which is why native Montanans can't afford to live there anymore. We always thought we'd go back to retire but that's never going to happen now.

I was being a little facetious there, however Montana since covid has really changed. Our current state administration is marketing / broadcasting our state as a haven for many with a lot of wealth to come move to. Up to one individually to determine if that's good or bad - home values are up so homeowner wealth is way up, but yeah, affordability for your everyday/regular Montanans is at an all time low.
House I grew up in Libby, should be about $90,000 today as it is a pile of junk. It's now valued at $336,000. :shock:
 
Yukon said:
BWahlberg said:
... Up to one individually to determine if that's good or bad - home values are up so homeowner wealth is way up, but yeah, affordability for your everyday/regular Montanans is at an all time low.
House I grew up in Libby, should be about $90,000 today as it is a pile of junk. It's now valued at $336,000. :shock:
I'll see your Montana price escalation, and raise you Idaho ... which led the way in 2022:
https://www.architecturaldigest.com/story/idaho-home-value-increasing-state-country

Contractors are building apartments (and homes) like crazy here in Idaho Falls, and still can't seem to keep up. And, because building costs are going up super-fast (hard to even find workers) the monthly rents are through the roof.

The trouble with these big increases in property "value," is that you can't realize it unless you sell. We hear of people who would like to sell, but can't find anything to move to that they can really afford ... even if they want to downsize. Meanwhile, "the tax man cometh!"
 
IdaGriz01 said:
Yukon said:
House I grew up in Libby, should be about $90,000 today as it is a pile of junk. It's now valued at $336,000. :shock:
I'll see your Montana price escalation, and raise you Idaho ... which led the way in 2022:
https://www.architecturaldigest.com/story/idaho-home-value-increasing-state-country

Contractors are building apartments (and homes) like crazy here in Idaho Falls, and still can't seem to keep up. And, because building costs are going up super-fast (hard to even find workers) the monthly rents are through the roof.

The trouble with these big increases in property "value," is that you can't realize it unless you sell. We hear of people who would like to sell, but can't find anything to move to that they can really afford ... even if they want to downsize. Meanwhile, "the tax man cometh!"

That’s actually happening in most states.
 
AZGrizFan said:
IdaGriz01 said:
I'll see your Montana price escalation, and raise you Idaho ... which led the way in 2022:
https://www.architecturaldigest.com/story/idaho-home-value-increasing-state-country

Contractors are building apartments (and homes) like crazy here in Idaho Falls, and still can't seem to keep up. And, because building costs are going up super-fast (hard to even find workers) the monthly rents are through the roof.

The trouble with these big increases in property "value," is that you can't realize it unless you sell. We hear of people who would like to sell, but can't find anything to move to that they can really afford ... even if they want to downsize. Meanwhile, "the tax man cometh!"

That’s actually happening in most states.
Private equity had to park that money somewhere. Real estate is almost certainly repeating 2008. States and cities where population is shrinking have sudden housing crisis.
 
Grizbeer said:
AZGrizFan said:
That’s actually happening in most states.
Private equity had to park that money somewhere. Real estate is almost certainly repeating 2008. States and cities where population is shrinking have sudden housing crisis.

From what I have read, housing is not doing 2008.
 
mthoopsfan said:
Grizbeer said:
Private equity had to park that money somewhere. Real estate is almost certainly repeating 2008. States and cities where population is shrinking have sudden housing crisis.

From what I have read, housing is not doing 2008.

Housing is not doing 2008. The elements in place for 2008 do not exist in the current market. It may fluctuate up and down (which its doing) but it’s not going to collapse like it did in ‘08.
 
Awe, c'mon and give the newcomers a good old fashioned Montana welcome. :lol:

https://www.wikitree.com/photo.php/a/aa/Beidler-97-2.jpg
 
Da Boyz Mom said:
BWahlberg said:
every elite from the coast has a house in Montana

Source = I'm a realtor ;)

Which is why native Montanans can't afford to live there anymore. We always thought we'd go back to retire but that's never going to happen now.

Yep. State should tax the hell out of vacation homes in Montana but that will never happen because Gianfortes entire mission is to turn Montana into a playground for the wealthy out of state elite. That is what he is after all.
 
Back
Top