I just gave the reality, which is the relative value of football vs. basketball. If TV execs say MBB is 20-25%, that means in the aggregate the value is 1/4 to 1/3.
But at the same time, PSU-Michigan State football also didn't break 2M, and you're talking about the two brands in the highest value media league in the top 5 after OSU and Michigan along with Wisconsin. Let's also keep in mind that CFB derives a WAY higher proportion of their value from a single regular season game than CBB, and it's not even close.
I agree that I don't believe UConn is a blue blood in terms of media value, at least not yet. I think the fact that the ratings for this past title game were down support that. But I think the value of basketball blue bloods is equal to or greater than the current Big 12 payout per team.
But as a comparison, the viewership for the SDSU-UConn game were 15M. The previous years KU-UNC game was 17m.
The three College football playoff games were about 22, 22 and 17M, and these were games that included Georgia x2, Michigan and Ohio State.
SDSU in the title game had to be a big part of that, they have no fans and the region doesn't like college sports.
I was texting my SDSU alum friends in socal to let them know they made the final four.
I'm guessing UConn/UNC/Duke/KU/Kentucky are pretty close to the same and SDSU is one of the worst teams you could put in there for eyes.
SDSU wouldn't be anywhere near my top ten (top 20?) expansion choices for B12 unless something comes out that new TV markets we don't already have is #1 priority regardless of fan engagement.