New "Big 12" TV Deal will be Substantial...

[thrillcat]

No FSN deal has been signed, and nothing is expected for several weeks at the earliest. But sources say FSN has told Big 12 officials that it would increase its annual payout to as much as $130-$140M per year.

Who is the source? Dan Beebe?

[istater7]

so there won't be a big12 network?

[CycloneChris]

What is the effect on revenue from this part of the story?

As part of its proposed deal, FSN has asked to take control of the conference's third-tier rights that are currently controlled by rights holders IMG, ISP and Learfield, sources said. These rights include radio, local media, third-tier TV rights, corporate sponsorships, and in-stadium and arena signage. It is not known when these rights will be available.

[vmbplayer]

Just for verification if you could.


Also does Facebook confirm as well?

Stewart Mandel (slmandel) on Twitter

3rd tweet down at the moment on Stewart Mandel's twitter.

Unfortunately I will not confirm with FB as my profile is restricted to firens only.

[brentblum]

Assuming Texas agrees to share equally with the north schools, ISU might get their $14 million from this but I don't see Texas saying lets split this $200 million 10 ways?

They won't, but if it works like it does now, half of the TV money is split evenly (so 100 million/10=$10 million per school), the other half depends on how many times schools are on TV. Texas and OU would be on more national games you would assume so they would get a bigger percentage of the 2nd half of the $$$, but I-State would still get a cut (likely more than $5 million).

[brentblum]

What is the effect on revenue from this part of the story?

I believe Iowa State gets somewhere in the neighborhood of $1 million from Learfield per year. I will see if I can get an exact amount.

[alarson]

What is 'third tier tv'... is that like when mediacom picks up our games? Would fox be able to keep our games off mediacom22 in this deal?

[isufbcurt]

Assuming Texas agrees to share equally with the north schools, ISU might get their $14 million from this but I don't see Texas saying lets split this $200 million 10 ways?

Why do they need to share equally I would be happy with this:
UT - 26
OU - 23
A&M - 23
OSU - 20
TT - 20
KU - 19
MU - 18
KSU - 18
ISU - 17
BU - 16
200

With this we would be more than double what we currently get.

[UNIGuy4Cy]

What is 'third tier tv'... is that like when mediacom picks up our games? Would fox be able to keep our games off mediacom22 in this deal?

Exactly, they would broadcast these games.

[Tornado man]

Wait...actual news reports...I don't know if I can believe this unless it can be found in a tweet.

Excuse me? That article uses "sources say," the same as any blog I've read.
I simply can't fathom Fox paying the Big 12 SEC-type money after the BIg 12 loses one of its three brand names - Nebraska.

[alarson]

Exactly, they would broadcast these games.

Or choose to leave them off the air in favor of their other programming.... How does that mesh with the idea of being able to start your own network?

[mark]

Check the link from the Sports Business Daily FSN is going to increase their payout from $19.5 M to $130-140 M. The new contract would start in the '12-13 season. ESPN will not reduce their $60 M annual payout.

So...the Big 12 stands to make around $200 million JUST in TV revenue annually starting in 2012-2013. And it is split between 10 schools instead of 12.

When you add in the other Big 12 generators (BCS and NCAA tourney appearances) Iowa State will probably double and possibly triple the revenue generated from the conference.

How many times have you seen a quote exagerrated? Tell me how they are going from 19.5 to 130 million. That seems to defy any rational analysis.

[cyhiphopp]

They won't, but if it works like it does now, half of the TV money is split evenly (so 100 million/10=$10 million per school), the other half depends on how many times schools are on TV. Texas and OU would be on more national games you would assume so they would get a bigger percentage of the 2nd half of the $$$, but I-State would still get a cut (likely more than $5 million).

One "positive" of playing Texas and OU every year is that we will be on TV with them more often. We might lose, but we may get on the national games more often and get more TV payout.

Also, if we beat them, everyone sees it!

[ahaselhu]

Assuming Texas agrees to share equally with the north schools, ISU might get their $14 million from this but I don't see Texas saying lets split this $200 million 10 ways?

Somebody posted the revenue split for I think it was 2 years ago. If the revenue is split in the same proportions as it was then, according to my figures ISU would receive over $17 million from TV revenue alone. Texas would receive about $23 million.

I think it would be a pretty safe bet we'd get over $14 million.

[jbhtexas]

How many times have you seen a quote exagerrated? Tell me how they are going from 19.5 to 130 million. That seems to defy any rational analysis.

It does defy rational analysis, but it recently happened for the SEC and ACC...