Texas to the Big Ten?

Tom Keegan of the Lawrence Journal-World & News reports that the Big Ten and University of Texas Longhorns have had “preliminary exchanges” regarding the Longhorns joining the conference, as the Big Ten looks to expand.

As Keegan notes, “Getting TV sets in the massive state of Texas tuned to the Big Ten Network would qualify as a home run for the Big Ten.”

Being a Buckeye – I don’t mind this happening, but here are the pros and cons for Texas & Big Ten- it would be all pros for the Big Ten in the end.

Pros for Texas:

1. Revenue.  If Texas joins, they make ALOT of money than they are now with the Big 12.  Texas would get to split the money from the TV contracts that the Big 10 gets, which they currently are not getting with the Big 12.  Texas gets $10 million/year from the Big 12, the worst Big 10 team gets $16 million – and that number only goes up if Texas joins because they would increase the network of viewers ALOT. They have a great monetary incentive to join. Right now, Texas is carrying the Big 12 – they don’t need to be there.

2. Academics & Prestige.  Athletics is only about 5% of the University’s budget.  Big 10 is far better in academics than the Big 12.  They would receive more funding through the Big 10, which would increase their research sources and would force them to compete academically.  Also, they would become part of the Big 10 Academic Research Program which includes University of Chicago.  This would be a big deal for Texas academically.

3. More funding for the other sports programs in Texas.  Texas would be joining a Big 10 program that is extremely competitive in other sports as well.

Pros for Big Ten:

1. Revenue.  Texas would just bring in a lot of money, viewers and network contracts.

2. We can finally divide the conference to West and East, and have a conference championship game.  West would include Texas, Iowa, Wisconsin, Minnesota, Illinois, and Northwestern. East would include Michigan, Michigan State, Purdue, Indiana, Ohio State, and Penn State.

3. Recruiting.  Big Ten would get more access to recruit in the state of Texas, which produces ALOT of football stars.

4. Big Ten would officially become a powerhouse and finally obtain the respect it currently deserves even though Big 10 did well in the bowl games this past season.

Cons for Texas:

1. Rivalries.  They would lose their rivalry with Oklahoma, that they have had for many, many years.  Fans and the state of Texas would be extremely upset with this.

2. They’re at the top of the Big 12.  The Big 12 would fall apart if Texas leaves.

3. Proximity and Logistics?  Some people would say that it wouldn’t make sense logistically.  I disagree.  Proximity means nothing anymore. The ACC goes from Florida to Massachusetts. The Big East extends from Milwaukee to South Florida. Even smaller conferences don’t care. The Sun Belt extends all across the country, from Denver to Florida. There’s also the Summit, which has members in Utah, North & South Dakota, Indiana, Illinois, Louisiana, Missouri and Oklahoma.

My opinion, besides fans and the people of Texas being upset – I believe the Pros extremely outweigh the Cons if Texas goes to the Big 10.  Most importantly, Texas would really BENEFIT academically if they join the Big 10.  This would benefit all their programs regardless of the athletics, and this would be a wise decision for the University not considering sports.  For the university, academics will be more important than the athletics program.  Regardless, the athletic program would also benefit as well monetary wise, and I don’t see them losing fans.

The only thing that would worry me is that The Ohio State won’t easily be on top of the Big 10, but I do love some competition.

What do you guys think?

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The Market Focus: Toyota

So a few of us here at The Urban Nerd will randomly have some thoughts on the current market, but with a focus on certain companies.  Today’s focus will be on Toyota.

If you have not heard yet, but Toyota has recalled about 2.3 million cars in the US due to a situation that the gas acceleration pedal was sticking. The cars that were recalled were: 2009-10 RAV4 crossovers, 2009-10 Corollas, 2009-10 Matrix hatchbacks, 2005-10 Avalons, 2007-10 Camrys, 2010 Highlander crossovers, 2007-10 Tundra pickups and 2008-10 Sequoia SUVs.

Toyota said the sticking gas pedal situation is unusual and “generally does not occur suddenly. In the rare instances where it does occur, the vehicle can be controlled with firm and steady application of the brakes.”

Transportation Secretary Ray LaHood told Toyota owners Wednesday they should stop driving their vehicles, then quickly took back his words, adding to confusion over the safety of millions of recalled cars. Toyota, for its part, tried to reassure drivers that sticky gas pedals have been rare — and the cars can be stopped in any event by firmly stepping on the brakes.

The final word from LaHood: “What I meant to say or what I thought I said was, if you own one of these cars or if you’re in doubt, take it to the dealer and they’re going to fix it.”

The back-and-forth played out as word surfaced that Toyota Motor Corp. also has been the subject of more than 100 complaints in the U.S. and Japan about brake problems with the popular Prius gas-electric hybrid, which is not part of the recall. The National Highway Traffic Safety Administration has received about 100 complaints, two of them involving crashes that resulted in injuries. In addition, Japan’s transport ministry said it had received 14 complaints.

Here are my thoughts:

So we were worried about driving cars that took up a lot of fuel, and then we had the cash for clunkers deal – where we traded in our cars for more fuel efficient cars such as Toyota.  So let me say this again – we traded in our cars so we can get KILLED WITH THE NEW ONES!!!

Toyota being the lead in the the automobile market in the US, will be taking a HIT in the market.  If I were Jim Cramer, I would be yelling “SELL SELL SELL.”  Toyota which was trading at $80 a share 2 days ago is now at $71.90.  I would say that TM stocks will dip a bit lower for the next few days, but I don’t see them taking a tumble down.  Maybe when it bottoms out after this whole recall – probably best time to invest in TM longterm.

Who knows – What are your thoughts?

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The Girl Effect

About two years ago, I went to the Global Poverty Initiative Conference at MIT, and I learned that the key to having any kind of effect on improving poverty in this world is to educate the women that are living in those conditions.  Recently, The Girl Effect’s website was forwarded to me and I felt that people should go to this website and understand how they can make a difference or at least watch the intro video.

What is The Girl Effect?
There are 600 million adolescent girls living in poverty in the developing world.  By giving one of these girls a chance, you start the girl effect. When girls have safe places to meet, education, legal protection, health care, and access to training and job skills, they can thrive.  And if they thrive, everyone around them thrives too.

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