From what I could find, most sources are between 35M and 38M for last year.
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 think the guy is focusing solely on ESPN's portion. ESPN isn't paying the entire $380 mill/year or $32 mill/per school, some of that is coming from FOX. The ACC gets $240 mill/year currently just from ESPN. So whatever the breakdown of the new Big 12 deal is, ESPN's portion of that might be a little less than $240 mill/year with FOX covering the rest. At least that's how I read it.That article’s assertion are not accurate. ACC does not make more than the new Big 12 Contract. This link says the current ACC deal pays about $17 million per school for the base media package. Versus the old Big 12 figure of $22 million. New Big 12 is almost $32 million. The article writer seems to include the CFP numbers with ACC but not include for Big 12. So he thinks ACC gets more and they do not.
Here’s a look at all the current conference TV deals
While changes are coming, here are the conference TV deals for each of the 10 leagues, for Notre Dame and for the College Football Playoff.www.on3.com
Interesting thought. It's going to be a strange time for sure for collegiate athletics.
Maybe I'm missing something, but if their payout to ACC is $17M per team, the new Big 12 deal is $32M per team, wouldn't that mean ESPNs share of the contract need to be around half or less to maintain that threshold?
Maybe Jamie can lock in a big deal with a top athletic cup company.Not as bad as the "Dude Wipes" on the shoulder of the NY City MLS kit.
That’s kind of what I was thinking. The Big12 payouts can be above the ACC based on the portion that comes from Fox. I believe ACC is 100% with ESPN and those payouts are supposedly inline with the Big12 throughout the duration of the deals that have been signed so far.
ESPN owns the ACC Network so maybe technically the $$ paid to schools from the ACCN on top of the $17 mill from ESPN also count as coming from ESPN as part of its overall deal? Who knows.
I'm taking the opposite approach on the ACC GOR based on what we have seen so far. UT and OU have all the money in the world to fight it. They only need to cut out 2 years early. And we now have a new media deal in place that has secured the future of the remaining 8, giving them continued revenue growth even after OUT exits. If there isn't a path to break the GOR in that scenario I struggle to see how lower budget schools are going to break a longer GOR while several schools in that conference may get kicked to the trash heep.
I'm sure they will, but frankly it will make very little impact to these universities. To put it in perspective, University of Iowa (not including UI hospital) had operating revenues of $3.7 B. Let's say Iowa Athletics kicks over 10% of that eventual $100M athletics revenue. That represents less than one days worth of revenue for the university as a whole.
This exactly. There is no one in the ACC worth remotely close what Texas was to the SEC. If they can't find the cash, no one in the ACC has a prayer.
I think in these cases ESPN and the SEC wouldn't have much motivation to help. ESPN is getting these ACC schools for peanuts today. Why hurry to move them to the SEC just so you can pay them more? ESPN already has a mountain of top tier content in the SEC as is. Then from the SEC's perspective, I don't think there is enough incremental value in ant ACC schools to make it worth while. Maybe a Clemson or FSU can carry their weight and keep the SEC payouts as is, but I don't see them raising the payouts across the league. I also don't see Notre Dame ever in the SEC if you want to consider them part of the ACC equation.
True, but the infighting might drive something to happen. There will be calls for unequal revenue sharing, renegotiation of TV contract, adding teams, anything they can throw against the wall. There could be a lot of acrimony, and that might be enough to make something happen. Even get 8 teams to work together to dissolve the conference (assuming 8 of them could find landing spots elsewhere, which is possible).
