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About Aresco

Areso is an oil and gas investment company in Texas.

Aresco Headquarter Location

181 S. Main Street Suite 100

Prosper, Texas, 75078,

United States

972-992-3127

Latest Aresco News

AAC commish 'vigorously' opposed to P5 protection in CFP

Nov 12, 2021

AAC commish 'vigorously' opposed to P5 protection in CFP November 13, 2021 American Athletic Conference Commissioner Mike Aresco said Friday he will “vigorously” oppose a College Football Playoff expansion model that “protects” Power Five leagues with automatic access for only their champions. “I don’t want to see a system that would reward privilege for the sake of privilege,” Aresco said. The CFP management committee, comprised of 10 Bowl Subdivision conference commissioners and Notre Dame’s athletic director, met last week in Dallas to again discuss growing the playoff from its current four-team field. A 12-team model was proposed in the summer that would include six guaranteed spots for the highest-ranked FBS conference champions and six at-large selections, with no limit on the number of teams a conference can have in the field. Aresco confirmed a Sports Illustrated report that an alternative model was discussed last week that provided automatic access only to the champions of the Atlantic Coast Conference, Big Ten, Big 12, Pac-12 and Southeastern Conference, and only the highest-ranked champion from the so-called Group of Five conferences. Aresco has been a vocal advocate of expansion while pushing back on the P5/G5 designation for years. He said the current CFP model doesn’t give teams from outside the Power Five a fair chance to make the field. “This branding is very harmful to us,” Aresco said. “It’s as if we plat in a different division.” A school from the Group of Five has never been close to making the final four in the eight-year history of the College Football Playoff. Cincinnati from the American is currently ranked fifth in the CFP rankings, the best showing for a Group of Five team. Aresco said guaranteeing access only for the wealthier Power Five leagues in a new playoff format keeps the “caste system” in place. Expansion talks have slowed in recent months as some commissioners have expressed concerns about a 12-team model that was unveiled in June and suggested the group reconsider going to eight. There are myriad obstacles to eight that would make it nearly impossible to gain the unanimous consensus needed for expansion to move forward. There was hope in the summer that the proposed 12-team model could be agreed upon and implemented by the 2024 season. That could still be the case, but the clock is ticking. The next scheduled meeting with the management committee is Dec. 1 in Dallas. If the commissioners can at least get consensus on the number of teams in a new format, they can make a recommendation to the university presidents and chancellors who make up the oversight committee in early January. Approval by the presidents would set a course for expansion before the current 12-year contract with ESPN runs out after the 2025 season. CFP executive director Bill Hancock has said if consensus cannot be reached by the end of the year, expansion will likely be tabled and the current format will remain in place until the end of the deal. Aresco said he doubts there will be enough support for the so-called five-plus-one to to move forward. Not only does he expect the other G5 commissioners to oppose it, but also the P5 members of the four-man working group that came up with the 12-team model. SEC Commissioner Greg Sankey, Big 12 Commissioner Bob Bowlsby, Notre Dame AD Jack Swarbrick and Mountain West Commissioner Craig Thompson spent two year crafting the model presented in the summer. The group consider various ways to populate a 12-team field, including the five-plus-one that former Pac-12 Commissioner Larry Scott had publicly supported in the past. Aresco said by not distinguishing between the conferences it forces teams to earn their way into the field. “It’s not our job to protect them,” he said. ___ ___ More AP college football: https://apnews.com/hub/college-football and https://twitter.com/AP_Top25 Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25 Share

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Aresco Patents

Aresco has filed 3 patents.

The 3 most popular patent topics include:

  • Cooling technology
  • Gas technologies
  • Heat pumps
patents chart

Application Date

Grant Date

Title

Related Topics

Status

4/11/2019

4/27/2021

Cooling technology, Gas technologies, Heat pumps, Thermodynamic cycles, Industrial gases

Grant

Application Date

4/11/2019

Grant Date

4/27/2021

Title

Related Topics

Cooling technology, Gas technologies, Heat pumps, Thermodynamic cycles, Industrial gases

Status

Grant

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