College sports has long been a multi-billion-dollar, money-making industry even before NIL changed the landscape of the NCAA. But just in case you thought we already reached the peak in college sports commercialization, the Big 12 may be reminding us all that it can always get worse.
While it’s the norm for bowl games and stadiums to have their names connected to a corporate sponsor, we have yet to see an actual conference go as far as to put its own brand on the sponsorship market. That will likely change with the Big 12.
According to a report from Brett McMurphy, the Big 12 — having just lost its two flagship football programs to the SEC — is in discussions with insurance giant Allstate to come to a naming rights agreement on the actual conference name.
Big 12 in discussions w/Allstate on a naming rights deal to change league's name, sources told @ActionNetworkHQ. Deal could be worth b/w $30-$50 million annually & name possibilities include Big Allstate Conference or Allstate 12 Conference, sources said https://t.co/Cv22vjhBSx
— Brett McMurphy (@Brett_McMurphy) June 13, 2024
The deal, which could be worth upwards of $50 million per year, would have Allstate’s brand essentially taking over the conference’s name. Think something like the “Big Allstate 12.” And, of course, there’s something hilarious about the Big 12 wanting to include the numeric “12” in the name of a 16-school conference all while being totally fine with slapping a corporate sponsor onto the name.
But let’s be honest: The potential deal won’t really impact what fans call the conference. When Barclays briefly took over Premier League naming rights, fans still called it the Premier League, EPL or PL. Nobody in Los Angeles is referring to the former Staples Center as “Crypto.com Arena.” I imagine that fans will continue to call the conference the Big 12 regardless of what Allstate pays for it to be named.
Also, what happens when Allstate’s contract expires? We’re just going to rename a conference every few years. That’s not exactly great for a brand identity that has to compete with legacy conferences like the Big Ten and SEC.
Still, the report inspired plenty of jokes from fans because it’s such a silly idea just to make money.
This was how Twitter/X reacted
— Kurtis Seaboldt 🎤 (@KSeaboldt) June 13, 2024
Ah so the Big XII is inviting a little Mayhem into their conference. https://t.co/JSjO9pBTMc pic.twitter.com/UW0aCHnbIg
— 🇧🇧 Sickos Committee 🇧🇧 (@SickosCommittee) June 13, 2024
"Utah-West Virginia for all the marbles in the Big Allstate Conference championship game" never mind I'm all in https://t.co/1LR3bgueH2 pic.twitter.com/RnXeV1qyF0
— Zach Osterman (@ZachOsterman) June 13, 2024
My kids have always dreamed about winning the Big Allstate Conference https://t.co/jn6gRH1lz7
— Randy (@randy__vision) June 13, 2024
The Mesothelioma Lawsuit Mountain West Conference. https://t.co/vVn9EWpnO5
— Aztecs Killing Him (@AKH_blog) June 13, 2024
The new Big 12 hoops commercial pic.twitter.com/Vps3SmSFwE https://t.co/sYg5ETVhJ5
— Ethan Bock (@ethanbock_) June 13, 2024
Big missed opportunity to not make it the ‘@TwistedTea 12’ https://t.co/kZO8o6jzF8
— Joe Castiglione Jr. (@JoeCJr29) June 13, 2024
this raises the amazing possibility of Deion Sanders not being allowed to say the name of his own conference because he’s an Aflac spokesperson https://t.co/PRnTRx1ai7
— woke stifler (@Yelix) June 13, 2024
Nationwide Conference makes too much sense for the Big Ten if it eventually goes down this road: https://t.co/xqYsBJOlKy
— Andrew Lind (@AndrewMLind) June 13, 2024
Big opportunity here for the Pacific Life Atlantic Coast Conference. https://t.co/1P20XO3Dkz
— Mike Rodak (@mikerodak) June 13, 2024
By all means do it and create new revenue streams. Just understand we are all still calling it The Big 12. https://t.co/9fKu4HMFe2
— Matthew Musso (@MussoMatthew) June 13, 2024