Great deal for the B1G. Triples the amount signed for in 2006 and at the contract is a shorter duration, meaning they come back to the table sooner than other conferences.
Estimated $53.74M per annum for first tier teams.
B1G Conference Inks Deal with ESPN
- Thread starter Husk10
- Start date
Great deal for the B1G. Triples the amount signed for in 2006 and at the contract is a shorter duration, meaning they come back to the table sooner than other conferences.
Estimated $53.74M per annum for first tier teams.
http://m.sportsbusinessdaily.com/Journal/Issues/2016/06/20/Media/ESPN-Big-Ten.aspx?
fox will pay 240 million a year
espn will pay 190 million per year
cbs will pay 10 million as year for some basketball games
fox will pay 240 million a year
espn will pay 190 million per year
cbs will pay 10 million as year for some basketball games
With all due respect to the esteemed Chip Brown, Frank the Tank was solid in his analysis once again. He also had some interesting thoughts regarding the length of the deal:
The reported 6-year time frame of the Fox deal is unusual compared to the much longer-term deals that the other power conferences have signed. In fact, the Big Ten will end up back at the negotiating table before any of the other power conferences once again. On the one hand, this presents some risk to the Big Ten since they are not locking in today’s high rights fees into the late-2020s or even 2030s. On the other hand, every time that the Big Ten has bet on itself, it has ended up succeeding, whether it was with the formation of the BTN or taking its rights to the open market in a period of uncertainty for sports programming values with decreasing cable subscriptions. By the same token, Fox may be hedging on cable subscriber fee uncertainty itself, as Dennis Dodd had suggested. In any event, the short length of the TV deal means that conference realignment talk might cool down in the immediate term, but will pick up a huge amount of steam in the next 5 years. Whether it’s a coincidence or not (and I tend to think “not”), the end of the 6-year deal term in 2023 is shortly before the expiration of the Big 12’s grant of rights agreement in 2025, which makes any possible damages for a Big 12 defector to be much lower and/or negligible compared to a Big Ten windfall. The same usual suspects of Texas, Oklahoma and Kansas as Big Ten candidates. It will also be interesting to see how schools in other conferences (particularly the ACC) are going to adjust to an environment where each Big Ten school could be receiving nearly $60 million per year in media revenue starting in 2017 (as estimated by Awful Announcing), which would lap the SEC’s revenue (much less any of the other power conferences). A few million dollars per year difference in TV revenue may not have been enough to sway the most valuable schools (e.g. Texas, North Carolina, etc.) to switch conferences, but when we’re looking at an eight figure annual gap, it could change the dynamic quite a bit.
I'm interested in the reaction of the rank-and-file Husker fans to this. I would imagine it's quite positive. As an Iowa fan, the best part of being in the B1G ever since Delaney has been in charge is the commitment to providing exposure and support to all the conference teams, and not just Ohio State or Michigan. And generally Delaney likes to be proactive with the league and its interests, not just waiting for market forces to dictate actions like the B12 has traditionally done.
I'm as rank-and-file as they come and I think more money is good.
Comparing how the BIG is run compared to the B12 is like comparing how Disney is run vs. a county fair.
Does this mean required donations for season tickets will go down?
Now that is funny!!!
Does this mean required donations for season tickets will go down?
Exactly. I know I'm supposed to be super stoked about all this money I'll never see a dime of, but in reality all I care about is winning football games again. So if this new deal somehow helps that happen, great, otherwise you'll have to excuse me if I don't get super excited about Warren Buffet making another 6.87 million dollars today.
1) All Power 5 conference (except big 12) tv deals run out in 2023. I hear rumors power 5 breaking off from ncaa to form it's own power 5 Organization.
2) I know it's been posted but can't find it, so sorry in advance, why did Maryland & Rutgers get full share right away and NU had to wait?
3) This $ eventually will mean more coaching dollars. Does this bode well for Athletics or will it mean an even shorter leash for coaches & AD's?
2) I know it's been posted but can't find it, so sorry in advance, why did Maryland & Rutgers get full share right away and NU had to wait?
3) This $ eventually will mean more coaching dollars. Does this bode well for Athletics or will it mean an even shorter leash for coaches & AD's?
I have to think a good portion of the reason that the University might desire donations is to add to the prestige of said tix. Oh you know, you can buy ISU season tix for $200, but that won't even get you a parking for the season here
Does this mean required donations for season tickets will go down?
That's a question for Eichorst.
Jim Delany is a Boss.. some juicy tidbits in that link. We have an awesome commissioner and every school should be thankful. Much respect.
a lot of b10 basketball coaches felt it would hurt recruiting if they were not on espn. this will also help with recruiting in football. if you live in a state in the south or west coast and you see all the b10 games on abc, espn espn2, espnu, fox, fs1 makes you think a lot about the b10
1 - Who knows.
2 - Rutgers and Maryland both had conference exit fees. The ACC exit fee is an incredulously high number. Maryland athletics was (and may still be) in trouble financially, cutting sports programs. From what I remember Rutgers got less. At the end of our respective "probationary" periods, we will all receive the same as every B1G member (minus Maryland who has to pay some of the money back to the B1G).
3 - May only be me, but the short-term $ for most of the schools means solvency and facilities. As for coaching salaries, makes sense that a rising tide lifts all boats, coaches will probably get more. Found a link to 2015 coaching salaries. A shorter leash, I don't know. Is it human nature (for some) to be more reckless with money when we're flush with cash, a la easy come, easy go. And it's easy to criticize someone else's cash to results versus our own, rationalization to save our own ego.
To me it makes sense to take ESPN's offer. Exposure and money for us, programming for ESPN. It's not personal Sonny, it's strictly business.
Sorry, should've typed this....#sarcasm There is enough hatred on this board for the four-letter network when they weren't in any contract with us....figure that will change now that they are.
