Well I am an owner and I say it. ESPN is a disaster for Disney.
The problem I have with this whole discussion is people keep saying they understand Texas, OU and the SEC doing what they are doing. I mean I get it from the perspective of the decision makers because they are old and won’t have to deal with the fallout but get to enjoy the temporary increase in revenue.
That said these decisions do not make an ounce of sense from a long term financial analysis. Just using round simple numbers we can look at it this way. Say if you cared about CFB and set something up to work long term then you were going to get $40,000,00 perpetually. That has a value of $800,000,000. If you assume you can make $100,000,000 a year for the next 10 years but then CFB folds you have a value of about $772,000,000.