BullsFanInTX
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Tulsa World: CTBA media rights deal worth up to 3.5M per year, per team
http://www.tulsaworld.com/article.aspx/J...TLIN627987
At the end of the 2012-13 sports calendar, TU is expected to receive a media-rights payment of about $1.5 million from Conference USA. Upham says Big East membership should be worth between $2.8 million and $3.5 million a year.
"The revenue boost we get will more than cover our fees over the five-year period," Upham said.
The current Big East recently concluded negotiations on new television contracts with ESPN/ABC and CBS. The reported figures from those deals suggest that each member school would receive slightly less than $2 million a year, but the terms of the new television contracts "have been understated," Aresco said.
"All I can say is that when people have talked about revenue in our conference, they have tended to understate it," Aresco told the Tulsa World. "We have two TV deals. We also have marketing rights that people have not figured in. A lot of conferences sell their marketing rights as part of their TV deal. We didn't. In addition, we have a lot of other sources of revenue in this conference (most notably, the $100 million from the departing Catholic universities).
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04-03-2013 09:33 AM |
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