January 25, 1979 – Huge NCAA TV Committee Meeting!

Kansas City, Missouri – We arrived for our meeting on time at the Kansas City Airport Marriott and about a minute later, we found out who our competition for the NCAA cable contract was. Dennis Cryder informed us that ATC was making a presentation just 30 feet away inside the TV Committee meeting room. That nugget of knowledge really puzzled George Conner, JB Doherty and me, but it did explain why the ATC folks had been so cautious in their meeting with us in Denver last month.

Further, I couldn’t understand the NCAA’s dilemma. Since ATC was an MSO, obviously some other MSOs would find it difficult to do business with them should they be awarded an NCAA contract. However, the big difference was that ATC would only reach its own systems and try to entice competitors to do business with them. We treated all MSOs the same and they were all going to be our customers…even ATC.

We later discovered that they proposed to do 100 live nightly events…about 300 hours of programming a year. Our proposal was for hundreds of events and 8,760 hours a year using ATC and all of the other MSOs to distribute our service.

Clearly, the TV Committee was “comparing apples and oranges” which they quickly grasped as we made our presentation. We also subliminally suggested we had major financing close at hand when I introduced George by his formal title: Financial Manager – Real Estate and Forest Products Division of Getty Oil. Nothing more – nothing less! Best to let individual imaginations reach their own conclusions as to George’s presence.

JB and I reviewed our progress since the last meeting and then, at last, Walter Byers spoke his first words to us. Never moving in his chair, he lowered his head, peered over his glasses and chided, “Seems to me like you’re looking for a hunting license. We give you a contract, and you go out looking for money, advertisers and cable customers.”

JB answered, “Tha’s not quite right, Mr. Byers. However, we must have some sort of indication or committment to satisfy our investors and the cable industry that we mean business.”

Walter challenged, “Suppose we give you a committment, and you go out hunting and don’t come up with the money…how do we know we’ll get paid?”

My turn to answer! “You name the bank and we’ll put 50 percent of the agreed contract price in escrow on July 1.”

The room was silent. JB stared at the floor; George stared at JB and swears he turned chalk-white; the committee members stared t each other, but Walter and I never broke eye contact. “Well, if you can do that , it sounds pretty good to me. We’ll have to think about it.”

No more questions.

Once we reached the hotel lobby, JB recovered his voice and asked, “Why did you say that? We might not even be around by July.”

“What was I supposed to say? Besides, July is a long way off and we’ll have the money by then” (Ever the optimist)!

I actually was a little concerned that I might have given George something bad to report back to Getty, but before we had time to worry about too many things, Tom Hansen came looking for us and asked if we could come to the NCAA office next Wednesday…seems Walter wanted to talk some more without the formality of the TV Committee. We quickly agreed and George and I headed for Los Angeles, JB back to Philadelphia; and we were still alive.

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