ESPN, Fox Open Discussions for Next Big 12 Deal

[2speedy1]

Yep, I get that, $32 mill is the starting point with this new deal. Everything else gets added on top of that which is what I think Pollard was referring to with his $50 mill total, which will probably go up further once the CFP expands.

How much did the Big 12 pay the schools this year? 42.6M even with a reduction in income from covid.

So without even considering that covid lower income.

The old media deal was 9.6M lower than the new deal.

42.6M + 9.6M =52.2 if the new members got full shares. Get it?

 

[Stormin]

Yep, I get that, $32 mill is the starting point with this new deal. Everything else gets added on top of that which is what I think Pollard was referring to with his $50 mill total, which will probably go up further once the CFP expands.

B1G is maybe $25 million per team better than Big 12.

A lot. But both teams will have lots of money. Lots.

 

[Gonzo]

How much did the Big 12 pay the schools this year? 42.6M even with a reduction in income from covid.

So without even considering that covid lower income.

The old media deal was 9.6M lower than the new deal.

42.6M + 9.6M =52.2 if the new members got full shares. Get it?

Yeah, it was $42.6 mill for everything... media, bowls, CFP, NCAA tourney, etc., everything. So add $9.6 mill to that and you're at a little over $50 mill for everything, just like JP said. That'll go up with CFP expansion.

 

[2speedy1]

Yeah, it was $42.6 mill for everything... media, bowls, CFP, NCAA tourney, etc., everything. So add $9.6 mill to that and you're at a little over $50 mill for everything, just like JP said. That'll go up with CFP expansion.

Yes, exactly what I have been saying...repeatedly...somehow you have been arguing with me that this is wrong....

 

[Gonzo]

B1G is maybe $25 million per team better than Big 12.

A lot. But both teams will have lots of money. Lots.

Not really but like I said the money thing is a sideshow until it translates into sustained on field success, which I'm not really counting on as long as GB and KF are steering the ship.

 

[Gonzo]

Yes, exactly what I have been saying...repeatedly...somehow you have been arguing with me that this is wrong....

Lol, this is exactly not what you've been saying. You also said that Yormark's ideas for new revenue and sponsorships would bring in $5-$10 mill/year per team. So basically his new revenue and sponsorship ideas are going to bring in $60-$120 million/year to the conference. Where'd you get those numbers?

 

[Stormin]

Not really but like I said the money thing is a sideshow until it translates into sustained on field success, which I'm not really counting on as long as GB and KF are steering the ship.

It is like your neighbor makes a million per year and you make $750k. Both doing very well.

 

[Clone83]

Count me in, unless you're teaching it. Lol.

JP is kicking it off — together with an impressive list of other speakers — at the 20th annual Contemporary Issues in Accounting Conference in Ames, Friday, December 16 — particularly of interest if anyone needs CPE credits.

Contemporary Issues in Accounting Conference

mailchi.mp

I think he is discussing amortization techniques or something.

 

[Gonzo]

It is like your neighbor makes a million per year and you make $750k. Both doing very well.

Agree, I just think there's a lot of fuzzy math and unfounded projections going on. Happens everywhere, I've seen Iowa fans talking about getting $125 mill/year from the new B1G deal and they're just as clueless, that ain't happening.

 

[Stormin]

Agree, I just think there's a lot of fuzzy math and unfounded projections going on. Happens everywhere, I've seen Iowa fans talking about getting $125 mill/year from the new B1G deal and they're just as clueless, that ain't happening.

Never use Hawk fans as a source of information. They are clueless.

 

[7Got6]

Agree, I just think there's a lot of fuzzy math and unfounded projections going on. Happens everywhere, I've seen Iowa fans talking about getting $125 mill/year from the new B1G deal and they're just as clueless, that ain't happening.

None of this money really matters unless the players start getting a cut.

 

[2speedy1]

Lol, this is exactly not what you've been saying. You also said that Yormark's ideas for new revenue and sponsorships would bring in $5-$10 mill/year per team. So basically his new revenue and sponsorship ideas are going to bring in $60-$120 million/year to the conference. Where'd you get those numbers?

I said that down below the actual numbers as a "possibility" and you went nuts. you seriously read through that entire post and concentrated on the Yormarks possible ideas to increase revenues that could bring in 5-10M per. If you noticed none of those were in the actual values listed they were all possibles that could increase or fill in some areas.

But god forbid I throw out something as a possible guess, and it was about 5 posts in on the subject that I added that as a possible way to increase to the values for people that are all doom and gloom that we are going to fall behind the mighty big 10. But I never actually added that to any of my actual values.

I tried to tell you the same thing over and over and you could not get it that because I dared say that the Big 12 might not fall behind the might big 10, as much as you believe.

Christ some days I tell ya.

 

[scyclonekid]

The numbers currently are from numbers used currently gets to 50 or just a bit above not including the NEW 12 team CFP numbers which are not concrete yet, plus whatever else Yormark has planned to generate additional income which isn’t concrete numbers yet. B1G and SEC will always be the top two, but we’re solidly third. Plus the pro rata clause for future expansion that will generate additional revenue. So the numbers now what pollard said are accurate, but until CFP numbers come out add that to your bottom line for all involved that make the playoffs. Covid year for everyone dropped numbers as well.

 

[JM4CY]

I said that down below the actual numbers as a "possibility" and you went nuts. you seriously read through that entire post and concentrated on the Yormarks possible ideas to increase revenues that could bring in 5-10M per. If you noticed none of those were in the actual values listed they were all possibles that could increase or fill in some areas.

But god forbid I throw out something as a possible guess, and it was about 5 posts in on the subject that I added that as a possible way to increase to the values for people that are all doom and gloom that we are going to fall behind the mighty big 10. But I never actually added that to any of my actual values.

I tried to tell you the same thing over and over and you could not get it that because I dared say that the Big 12 might not fall behind the might big 10, as much as you believe.

Christ some days I tell ya.

Hawk fans are an easily butthurt bunch.

 

[JP4CY]

 

[MountainManHawk]

This whole article is interesting but especially the part about how ESPN is using the amount they pay the ACC as a ceiling they don’t want to go over in their deals with the Big12 and Pac12. I’m not sure I understand how the math all works given we know per school payouts to the ACC are lagging but their deal with ESPN is supposedly on par with the other conferences. At any rate, here’s what the article says:

SBJ Media: Pac-12 deal rumors

www.sportsbusinessjournal.com

Big 12 deal puts focus on where Pac-12 will land​

Now that the Big 12 has secured six-year deals with ESPN and Fox Sports worth $2.28 billion, all eyes are on the Pac-12, which got out of its exclusive negotiating window with ESPN and Fox three weeks ago. This is what we know.

• ESPN and Amazon Prime remain the front runners to pick up Pac-12 rights, with agreements potentially coming by the end of the year. It’s too early to describe what’s in those packages with any accuracy. But it’s important to note that ESPN’s Big 12 deal does not take it out of the running for Pac-12 rights. And Amazon still wants a package of college football games that can complement its Thursday night package of NFL games.
• Pac-12 officials’ initial reaction when they heard of the Big 12’s deal was relief. Big 12 schools each will receive around $31 million per school as part of the deal, and Pac-12 officials are optimistic that they will be able to eclipse that figure. This means that unless the Big Ten or SEC come calling, it’s unlikely a Pac-12 school will be persuaded to leave the conference.
• One reason for that optimism is the fact that the Pac-12 has its rights in the open market. The Big 12 could not have hit the open market until 2024. While Amazon and ESPN are the clear front-runners, the Pac-12 has had talks with Apple, Fox and Warner Bros. Discovery. The theory is that the presence of multiple serious bidders will help drive the price up.
• The big question will come down to price. Media companies believe the Big 12 deal set the market. The Pac-12 still is aiming higher. Keep in mind, the Pac-12 will have fewer schools -- 10 instead of 12 -- after USC and UCLA depart for the Big Ten. That’s two fewer mouths to feed. ESPN took pains to make sure that its Big 12 deal would not result in a bigger per-school payout than the ACC. Because of the ACC Network, it’s difficult to determine how much ACC schools make from its ESPN deal. But I was told that the Big 12 will not eclipse the ACC on that front at any point in its deal, which runs through 2030-31. ESPN is likely to approach Pac-12 negotiations in a similar way.

 

[Die4Cy]

None of this money really matters unless the players start getting a cut.

The new media deal for conferences, particularly SEC and B1G, basically eliminates the need for program and facilities fundraising. Who will be the first school to tie season ticket points to their donations to the school's NIL collective? Because that's the logical way this goes.

 

[Gonzo]

The new media deal for conferences, particularly SEC and B1G, basically eliminates the need for program and facilities fundraising. Who will be the first school to tie season ticket points to their donations to the school's NIL collective? Because that's the logical way this goes.

I can tell you who it won't be.

 

[Nor'MidWester]

This whole article is interesting but especially the part about how ESPN is using the amount they pay the ACC as a ceiling they don’t want to go over in their deals with the Big12 and Pac12. I’m not sure I understand how the math all works given we know per school payouts to the ACC are lagging but their deal with ESPN is supposedly on par with the other conferences. At any rate, here’s what the article says:

SBJ Media: Pac-12 deal rumors

www.sportsbusinessjournal.com

Big 12 deal puts focus on where Pac-12 will land​

Now that the Big 12 has secured six-year deals with ESPN and Fox Sports worth $2.28 billion, all eyes are on the Pac-12, which got out of its exclusive negotiating window with ESPN and Fox three weeks ago. This is what we know.

• ESPN and Amazon Prime remain the front runners to pick up Pac-12 rights, with agreements potentially coming by the end of the year. It’s too early to describe what’s in those packages with any accuracy. But it’s important to note that ESPN’s Big 12 deal does not take it out of the running for Pac-12 rights. And Amazon still wants a package of college football games that can complement its Thursday night package of NFL games.
• Pac-12 officials’ initial reaction when they heard of the Big 12’s deal was relief. Big 12 schools each will receive around $31 million per school as part of the deal, and Pac-12 officials are optimistic that they will be able to eclipse that figure. This means that unless the Big Ten or SEC come calling, it’s unlikely a Pac-12 school will be persuaded to leave the conference.
• One reason for that optimism is the fact that the Pac-12 has its rights in the open market. The Big 12 could not have hit the open market until 2024. While Amazon and ESPN are the clear front-runners, the Pac-12 has had talks with Apple, Fox and Warner Bros. Discovery. The theory is that the presence of multiple serious bidders will help drive the price up.
• The big question will come down to price. Media companies believe the Big 12 deal set the market. The Pac-12 still is aiming higher. Keep in mind, the Pac-12 will have fewer schools -- 10 instead of 12 -- after USC and UCLA depart for the Big Ten. That’s two fewer mouths to feed. ESPN took pains to make sure that its Big 12 deal would not result in a bigger per-school payout than the ACC. Because of the ACC Network, it’s difficult to determine how much ACC schools make from its ESPN deal. But I was told that the Big 12 will not eclipse the ACC on that front at any point in its deal, which runs through 2030-31. ESPN is likely to approach Pac-12 negotiations in a similar way.

I'm sorry I have missed it but what does the ACC currently make right now? The Big 12 will still be making less than them with this deal? I thought their deal was really bad, is that just because it goes til 2036 or something?

 

[Jer]

If train A is going West at 32 mph with a head wind of 15 knots and train B is going East at 76 kph with a tail wind of 12.321 mph. How fast am I passing out from this thread?