Memphis's $200 Million Big 12 Bid Faces Rejection Amid Conference Resistance
TL;DR Summary
Memphis' bid to join the Big 12 with a unique offer of $200 million in sponsorships and no media rights payments has not gained enough support within the league, which is concerned about diluting its value and the risks involved. Despite Memphis's efforts and significant local sponsorship commitments, the league remains uninterested, and the proposal has not advanced.
- Memphis’ Big 12 pitch, including $200 million in sponsorships, isn’t gaining traction: Sources The New York Times
- Memphis proposing lucrative offer to join Big 12, but it lacks support from conference leadership: Sources Yahoo Sports
- Memphis' bid to join Big 12 falls short as conference leaders rebuff $200 million proposal from school CBS Sports
- Memphis makes $200 million proposal to join Big 12, per report Daily Memphian
- Memphis releases statement after Big 12 rejection, says Tigers athletics 'stronger than ever' The Commercial Appeal
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