I read on CBS Sports today that Colorado would get full share of revenue upon returning to the league.
And yet the 3 G5 schools and BYU won't get full share for at least two or three years. This has been the case since the beginning
Can someone explain why CU would get full share immediately, while the other 4 would have to wait?
P5 vs G5? Pac-12 GOR expiring next year? The 3 schools leaving G5 early before rights are up? BYU is an independent, so shouldn't they get full share immediately ala CU?
I'm confused....
The G5 schools are only going 1 year with reduced share. Which is coming out of the 8 remaining schools portion, for that 1 year. Which is then to be repaid by OUT exit fees. Which is until the new contract kicks in.
The reason for this is there is/was no pro rata/elevator clause in the current contract. Adding a team before the end of said contract has to come out as a split of the current deal, unless the media partner agreed to give them a full share each, which being G5 schools being elevated and being it was only 1 year, no one was going to do that.
The new deal has a pro rata clause that as long as the B12 adds P5 level teams they will get a full share. At least that is what was confirmed on ESPNs part of the contract. It has not been clarified on the Fox part. Some say they didnt agree to the clause, but would have first chance to agree to pay for their part otherwise The B12 can shop for an additional partner to cover Fox's portion. The old/current contract does not have that built in. So the Irate 8 agreed to pay the 4 schools out of their portions, to give them a reduced share for the 1 year.
Either way I am sure before any school is added, Fox would agree before the addition, or another media partner like CBS etc would be already in line to cover their portion for content.