After the networks devour the ACC, I suspect the MWC will be next.
Assuming the AAC picks up the PAC-4 schools, they will be going after SDSU, Boise State, CSU, and Air Force.
I don’t think Fox will have any interest in the MWC after getting USC, UCLA, UO, and UW.
The AAC can only poach with A5 status. They need 100m to merge with the PAC. Their assets:
1. A5 status
2. TV production and equipment
3. Brand name
4. Stanford and Cal
5. Bowl tie ins are better than the AACs
Liabilities for a merge
1. Comcast owed 70m
2. Holiday bowl owed because of UCLA
3. Not enough west coast schools. The closest schools are Tulsa and Wichita to the P4 schools.
What needs to happen for Mike Aresco:
Work with ESPN on a plan.
1. Get them to fight to maintain the A5 status past 2025.
2. Get them to buy the PAC network for pennies on a dollar and do the production for the PAC.
3. Raid the MWC and Sun Belt for 2025. Hard to raid MAC because their GORs are a bitch like the ACC. These schools would love to join but they need assurance that the A5 status will remain throughout the duration of the contract to 2031. Teams that make sense: Fresno, Boise, Colorado State, UNLV, SDSU, GA State, Marshall, Louisiana. Grab UCONN and Gonzaga to make ESPN happy as hell. Even look at schools like Pepperdine and UC Davis. While Hawaii is a bad idea for the legit PAC, for this PAC, gives them another time zone for ad buys and more content. Schools like Pepperdine or Loyola Marymount for non Football gives you a presence in LA. Covers mostly every major market and with A5 status, everyone benefits.
Fight like hell to keep A5 status.
It's critical to ESPN to have an A5 conference that they are paying pennies on the dollar.
While 100m in debt is a lot. I believe the upside is significant for the AAC to make the investment but they need ESPN and Mike is probably the best Commissioner in CFB. He has to work his magic on this one. If he does. He would make ESPN life a lot easier.
While having a conference with 24-28 schools is less than ideal. It might be the best chance. Everyone else is around 16-18 that's A5 and you will need more schools especially from the west to join. Also, you need more Basketball powers. While UCONN won't join a G5 conference, they will if they can remain P5. My guess is 2026 is when a lot of these teams would be willing to join when they have a clearer picture that the conference retains its A5 status which is 90% of the value with the other 9.99 being the TV network, production, and equipment.