ESPN+?
- Thread starter werdnamanhill
- Start date
Frankly, this doesn't feel very good to me. But it's a factual unknown without the financials, isn't it. Did eight schools actually take a tier 3 hit in hopes of bettering their bidding down the road or were they sacrificed to sell the B12 championship game(s) or both? Our dimwit commissioner doesn't seem willing to explain it perhaps because there's no good explanation. Hopefully, my fears are misplaced and an explanation is forthcoming.
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They set a really bad stage that went against everything they had been doing for 10 years.
I could be wrong but they announced the ESPN deal which includes both
1) the 3 additional football championship games (which Oklahoma & Texas are a part of) and is likely a sizeable chunk of the deal and
2) the ESPN+ coverage for Tier 3 (which Oklahoma & Texas home games aren't currently part of)
Extending the press release by at least double to explain why each school gets what amount based on # of games and # of sports and Tier 3 contract status and etc just isn't worth it or beneficial.
I know that I'm limited in knowledge about this, but seems like to me unless ESPN is evolving, they're an eventual sinking anchor.
Also, all this tells me is I'm going to drop mediacom after the hoops noncon next fall.
Also, all this tells me is I'm going to drop mediacom after the hoops noncon next fall.
I would be shocked if it was not $40M per year.... just the championship game was supposed to be around $20M / year and they got 3 of those ('19, '21, '23) added to what they already had. So, that should have been around $60M of value... if they are only being paid $40M total for the package, the championship game went from $60M to $40M and we all had to give up our T3 rights for 6 years too...
I think/hope we got about $180M (total) for T3 rights for the next 6 years, that is roughly 4M/Yr per school for the 8 schools providing content (4 in year 1, 8 in years 2-6), and $60M for the 3 additional title games for a total of 6 x $40M/Year = $240M... anyway, really hard to find good info on exactly what ESPN will be paying. Hope some more detail comes out soon... last year the hope was that adding the conf champ game would add $30M/Yr.. so even the $20M would be less than initially hoped for.
I'm convinced that some people are just doom and gloom about everything...
For me - realizing it won't include ISU for another year+, or even the Big XII for another few months, I went ahead and signed up for ESPN+ today to start sampling the current content and the 'Insider' articles on ESPN. At $50/year, it breaks down to less than a cup of coffee per month at your favorite coffeehouse. Slam dunk IMO.
For me - realizing it won't include ISU for another year+, or even the Big XII for another few months, I went ahead and signed up for ESPN+ today to start sampling the current content and the 'Insider' articles on ESPN. At $50/year, it breaks down to less than a cup of coffee per month at your favorite coffeehouse. Slam dunk IMO.
This is an object lesson on just how bad journalism is as a profession today. No one actually knows what this sentence means or was intended to mean:
According to Sports Business Journal Daily, ESPN will pay the conference about $40 million for these new rights from 2019-24
For what new rights, tier 3, the conference championship games - all of them, a combination of both? And does that $40 million mean per year or over the term of 2019-24? Just awful, high school quality, writing.
According to Sports Business Journal Daily, ESPN will pay the conference about $40 million for these new rights from 2019-24
For what new rights, tier 3, the conference championship games - all of them, a combination of both? And does that $40 million mean per year or over the term of 2019-24? Just awful, high school quality, writing.
The author published it. Read the NYTimes from 40-50 years ago and compare it to today. The profession is an intellectual wasteland.
I agree with the majority of the profession being all about click bait and unconfirmed info (not cf of course). I am pretty sure that the Hok turd running the conference came out and said that the numbers were inaccurate. I haven’t seen any official numbers yet, so it is all speculation to this point.
I don't think anyone knows for sure... there appears to be multiple articles referencing "$40M" but with no context. There are also some articles that say this will push the per school payout to $22M per year... which would suggest the value is about +$2M/school or $20M/yr (current agreement is 2.6B for 13 yrs, or $200M per year, $20M per school). Finally, some articles are referencing the $22M and saying this is leaving us far behind the competition comparing these payouts to the full conference distributions (includes bowl money, ncaa tournament money, etc.) from the sec ($43M), b10 ($51M)... however, the latest B12 number was around $36M (with $20M from media rights), so the +$2M (to $22M/yr per school) should push this closer to $38M or so...
None of the numbers reported made sense to me. Then I found an article saying that ESPN, B12 were not planning to release the financial details (seems odd to me since I assumed with public institutions this would have to be made public... but I could be wrong, maybe some loop hole if B12 signs the deal?)
Anyway... this is the most complete picture I could find:
https://www.cbssports.com/college-f...wn-network-with-football-title-games-on-espn/
"The deal is essentially a significant bridge deal that runs concurrent with the existing rights agreement, which ends after the 2024-25 academic year. The expanded deal means an average of additional $22 million per year for the Big 12 for the remaining six years of its current agreement, according to Sports Business Journal. Bowlsby said that number was not accurate but did not elaborate."
Stinks that Fox has pulled back from college sports. It is ESPN and that is about it. I don't mind the ESPN+ deal as it is as close to a Big 12 network that we will get. Would like to see the distributions too but probably never will. Full share for UT and OK wouldn't be fair but not going to lose sleep over it.
The whole country has been going downhill. It is amazing to read an old newspaper. They were written at a vastly superior level.
https://awfulannouncing.com/espn/espn-big-12-streaming-championship-game-pricing.html
I've been told the $40 million number is wrong and sure hope so.
I've been told the $40 million number is wrong and sure hope so.
This just sets the stage for the upcoming grant of media rights that runs out in 2024. Nothing more, nothing less. Right now this is a good deal for the Big 12, they are moving all level 3 content except for OU and UT to ESPN.
The big question we all have to worry about is UT and OU willing to stay in the Big 12, many think UT is the key school, I disagree, to me the key school is OU.
UT has the LHN signed with ESPN until 2031 or so, they are locked into ESPN and that will bar them from moving to the Big 10. Texas will never join the SEC with aTm already there, they could do the independent deal and join the ACC, but that means more travel. They will stay and continue to run the Big 12.
OU is another matter, they and OSU could jump to the SEC in a moment, or try and join the Big 10 without being an AAU school, and let OSU head to the SEC.
It will get interesting over the next few years, but this is a great first step to insuring the future of the Big 12 as it now stands.
The big question we all have to worry about is UT and OU willing to stay in the Big 12, many think UT is the key school, I disagree, to me the key school is OU.
UT has the LHN signed with ESPN until 2031 or so, they are locked into ESPN and that will bar them from moving to the Big 10. Texas will never join the SEC with aTm already there, they could do the independent deal and join the ACC, but that means more travel. They will stay and continue to run the Big 12.
OU is another matter, they and OSU could jump to the SEC in a moment, or try and join the Big 10 without being an AAU school, and let OSU head to the SEC.
It will get interesting over the next few years, but this is a great first step to insuring the future of the Big 12 as it now stands.
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It’s not that bowlsby feels there is no good explanation. He’s just lazy and not very bright and doesn’t know.
