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

[brentblum]

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.

 

[isufbcurt]

Thank you Brent

 

[BigJCy]

Promise Of FSN Extension, ESPN Stability Helps Big 12 Stay Intact

 

[StLouisClone]

Does anyone know when the new deal will be signed? I don't think all 10 schools will be on board until we get this in ink.

 

[pyrocyz]

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

 

[jtd9046]

Does anyone know when the new deal will be signed? I don't think all 10 schools will be on board until we get this in ink.

...FSN has told Big 12 officials that it would increase its annual payout to as much as $130-$140M per year. It currently pays $19.5M per year for the cable TV rights, a deal that ends following the '11-12 season.

 

[vmbplayer]

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

If you like I can tweet it and post a link.

 

[isufbcurt]

Does anyone know when the new deal will be signed? I don't think all 10 schools will be on board until we get this in ink.

"No FSN deal has been signed, and nothing is expected for several weeks at the earliest."

 

[pyrocyz]

If you like I can tweet it and post a link.

Just for verification if you could.


Also does Facebook confirm as well?

 

[CIVILCY]

Since they are paying more money and there are less teams does that mean we are more likely to get on tv?

 

[XLK9]

OK, so now we know how big the carrots had to be to dangle in front of the beast. We know who supplied the carrots.

So, my questions are:

How long before the beast is hungry again?

How big will the carrots have to be to satisfy the beast?

Who can supply that many big carrots?

 

[hawkeyescott]

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.

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?

 

[ItsCyence]

If it gets signed eventually I'll be happy.

 

[brentblum]

Since they are paying more money and there are less teams does that mean we are more likely to get on tv?

Odds are if the TV windows stay the same (which they assuredly would), I-State would increase its chance to be on TV (5 conference football games instead of 6) which would also increase revenue earned and exposure for that matter.

 

[BigJCy]

Hhmmm, I wonder if this will happen?

"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. "

For it to make business sense for FSN you would think that it would.

 

[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. :wink:

 

[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).