I don't think we see much action in conference realignment or expansion for a few years. The musical chairs just occurred and everyone is in their chair (or not). ND is fat and happy as an indy with their NBC deal. B12 just finished their realignment. You have the grant of rights limiting ACC movement. And Cal and Stanford just joined the ACC. No obvious low cost of entry choices readily available out there.True. Stanford’s billionaires or endowment are meaningless in this argument. As said previously, if the Big Ten wants to open an academic and research alliance with Stanford or UVA or GT that’s fine. No one would argue that at all. There’s no reason they can’t share research or cooperate with each other with regard to research right now.
However, the issue at hand is maximizing your revenue from the standpoint of tv networks from a sports, (predominantly football), perspective. That is what is being negotiated with these expansion talks.
It should be remembered that PSU is one of a handful of schools that are self sustained financially in the athletic department. Most schools are not. They subsidize their athletic departments by funds from the university academic side. Every prez should be doing all they can to get their athletic department financially secure and independent. Reducing per school payouts is not helpful.
This debate often gets sidetracked into many directions- athletic finances, university research, university ‘relationships’, tv markets, west coast/ southern pods, travel partners, etc. All that aside, the core issue here is negotiating the best tv revenue. Adding Stanford, Georgia Tech, and Virginia’s athletic teams resulting in decreased per team revenue is just not a smart thing to do, no matter how impressive they are as academic institutions.
Another reason why conference expansion will be slow is the point you make that only a handful of schools have athletic departments that make money. The reason is that few schools have the attendance and TV revenue deal that PSU has. Look at Indiana, they have a great TV revenue deal riding on the coat tails of schools like Penn State and Ohio State but probably struggle with their athletic department financials because no one goes to the football games. Or certainly schools in the Big 12 are not making enough in football to turn an athletic department profit. Just about all the schools out there are like that. I have heard Kansas's name thrown about but they are a mirror image of Indiana. So why would the B10 want to throw a life line to schools like Kansas or Utah or Ga Tech or UNC or UVA when that just dilutes the per school revenue?
When you start talking partial share of revenue where you can keep existing schools whole or better yet grow their revenue then that is a scenario worth considering. However, given we just finished a wave of realignment moves I don't think Kansas or Utah is going to pay some kind of exorbitant exit fee then agree to a significantly reduced revenue share model just to join the B10.