OU Athletic Director Says Big 12 Expansion Is Dead (For Now)

first_imgThis should not come as a surprise — was the Big 12 really going to add Colorado State and UConn? — but it also got buried a little bit in the July 4th festivities and that tall, lanky fellow moving to the Bay Area.“There aren’t any signs that we’ll talk anymore about expansion for a little while,” OU AD Joe Castiglione told CBS Sports. “We don’t have a timeline on it.”Dennis Dodd of CBS continues.Castiglione is one of two high-placed sources to tell CBS Sports Big 12 expansion is over. The other source, who preferred to remain anonymous, said expansion was dead regarding “those teams.” That’s a reference to usual group of schools attached to the Big 12 that includes BYU, UCF, Cincinnati, Colorado State, UConn, Houston and Memphis.This from Castiglione is sort of a more emphatic way of saying what Burns Hargis said earlier this year.“So it’s not a simple decision,” Hargis told the Tulsa World. “On the one hand, do you do it at all? And then, two, if you do, who are you going to get? Then you get into all kinds of geography issues and brand issues and time zone issues.“So it’s a very complicated analysis and I don’t think anybody feels an urgency to do this. I think everybody’s being very deliberate. It’s been written about, the studies, the consultants we’ve had looking at all of this. I could try to be clever and say I don’t know, but I don’t have to be clever because I don’t know. I really don’t. I don’t even know, I couldn’t tell you if you had a vote tomorrow, what it would be.”We can all agree that this is the proper move, right? OSU is already making $36M a year on its digital content distribution. And the conference could have earned more money as a whole, but almost all of that would have gone to the new teams added to the conference. CBS suggested that the Big 12 could potentially re-negotiate its contracts with ESPN and Fox for the remainder of those deals to make all teams more money.But does anyone think that’s happening with what’s going on at ESPN? The answer to that is “um, no.” And once again Hargis nails it.“I think [the Big 12 is] very strong,” Hargis told the Tulsa World. “We have a grant of rights through 2025, so eight more years. We have a great TV deal. This championship game is going to be a plus, not only financially, but I think it’ll give us maybe another data point that can get us into the final four.”The Big 12 is probably going away in a decade or so, but it’s not that bad right now with how much money it is distributing and the re-introduction of the Big 12 title game (financially anyway). I’m still for OSU bailing early before the ship runs into the reef, but if this is our lot for now, there are much, much places we could be.If you’re looking for the comments section, it has moved to our forum, The Chamber. You can go there to comment and holler about these articles, specifically in these threads. You can register for a free account right here and will need one to comment.If you’re wondering why we decided to do this, we wrote about that here. Thank you and cheers!last_img read more

F1 tycoon Vijay Mallya’s superyacht impounded over wage dispute

first_imgSign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk India Share on Facebook Water transport Motor sport Since you’re here… Some of the senior crew, who have not left the vessel since it was abandoned, are owed up to $92,000 in unpaid wages. Mallya, a co-owner of the Force India Formula One team and self-proclaimed “King of the Good Times”, was arrested in London last year over allegations he supported his F1 team with money-laundered cash.Indian authorities are seeking his extradition to face trial in India. Mallya is on bail pending an extradition hearing scheduled to begin in April.Danny McGowan, strategic organiser of the maritime union Nautilus International, said crew were left with no choice but to ask the courts to hold the Isle of Man-registered superyacht ransom. The yacht, which features a 15-seat cinema and Sir Elton John’s baby grand piano, has been impounded in a “maritime lien” which gives the crew claim over the vessel to the value of the unpaid wages. Vijay Mallya is on bail pending an extradition hearing. Photograph: Getty Share on WhatsApp … we have a small favour to ask. More people, like you, are reading and supporting the Guardian’s independent, investigative journalism than ever before. And unlike many news organisations, we made the choice to keep our reporting open for all, regardless of where they live or what they can afford to pay.The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We hope you will consider supporting us today. We need your support to keep delivering quality journalism that’s open and independent. Every reader contribution, however big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. Formula One Formula One 2017 Topics Business Twitter center_img South and Central Asia Pinterest Share via Email “Our members onboard gave their employer and the ship owner multiple opportunities to pay monthly wages, displaying a loyalty and restraint greater than many would show in such situations,” McGowan said. “These opportunities were regularly ignored by the owner, leaving us with no option but to take the case to the courts.”McGowan said it was the first that the financial security provisions of the Maritime Labour Convention have been enacted to help crew on an abandoned superyacht. He said the union had secured $615,000, which covers four months worth of unpaid wages from the vessel’s insurers under the international Maritime Labour Convention. But he said Nautilus members were still owed an additional $330,000 and non-union crew members were owed hundreds of thousands more. Charles Boyle, Nautilus’s legal director, said: “The superyacht sector is seen as one of glamour and glitz, but the sad reality is that crew members can experience exploitation and abuse, and that is why Nautilus has become increasingly involved in such justice case.”A representative for Mallya did not respond to requests for comment. The 62-year-old businessman is on bail and living in a £11.5m mansion in the Hertfordshire village of Tewin, nearly Welwyn, 20 miles north of London.Mallya, who was once known as the “Branson of Bangalore” for his business and sport empire that included Kingfisher beer and the Kingfisher airline, bought the Indian Empress in 2006. He spent more than £5m refitting the yacht in 2015, which included making space for Sir Elton John’s black Yamaha Disklavier, which the singer had used to write the Songs from the West Coast album. Mallya bought the piano for €226,000 at a charity auction. Reuse this content Share on Twitter Facebook A $93m (£67m) superyacht owned by Indian multimillionaire Vijay Mallya has been impounded in Malta in a dispute over the businessman’s failure to pay the crew more than $1m in wages.Mallya’s 95-metre Indian Empress was boarded by port officials and prevented from leaving Malta on Tuesday as part of the crew’s legal action to recover unpaid wages. More than 40 crew, including several Britons, Indians and eastern European workers, have not been paid since September when Mallya – who is fighting extradition from the UK to India – abandoned the vessel. Share on LinkedIn Share on Pinterest Support The Guardian Share on Messenger newslast_img read more