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TV industry analyst: ACC additions worth more than BE deal 2014
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b0ndsj0ns Offline
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Post: #41
RE: TV industry analyst: ACC additions worth more than BE deal 2014
(02-09-2012 09:27 AM)johnbragg Wrote:  
(02-09-2012 08:50 AM)b0ndsj0ns Wrote:  What were the specifics of the deal the BE turned down from ESPN? Number of years and total dollars. Thanks.

SportsBusinessJournalDaily.com said during the talks:
"Sources indicate the early numbers range from $110 million to $130 million annually, but conference sources describe those figures as a starting point for any negotiation." http://www.sportsbusinessdaily.com/Journ...-East.aspx

Gary Parrish of CBSSPorts.com in October said:
http://www.cbssports.com/story/15715357/...-thinks-so"
"...because there's been speculation for months that the Big East sealed its fate last May when it rejected a nine-year, $1.4 billion television contract from ESPN." That would be $155M a year.

How much per year would that have been for BE members? I don't know the dynamics for the split between all sports members and non-FB members.
02-09-2012 09:29 AM
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ollin Offline
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Post: #42
RE: TV industry analyst: ACC additions worth more than BE deal 2014
(02-09-2012 09:29 AM)b0ndsj0ns Wrote:  
(02-09-2012 09:27 AM)johnbragg Wrote:  
(02-09-2012 08:50 AM)b0ndsj0ns Wrote:  What were the specifics of the deal the BE turned down from ESPN? Number of years and total dollars. Thanks.

SportsBusinessJournalDaily.com said during the talks:
"Sources indicate the early numbers range from $110 million to $130 million annually, but conference sources describe those figures as a starting point for any negotiation." http://www.sportsbusinessdaily.com/Journ...-East.aspx

Gary Parrish of CBSSPorts.com in October said:
http://www.cbssports.com/story/15715357/...-thinks-so"
"...because there's been speculation for months that the Big East sealed its fate last May when it rejected a nine-year, $1.4 billion television contract from ESPN." That would be $155M a year.

How much per year would that have been for BE members? I don't know the dynamics for the split between all sports members and non-FB members.

Previous contract it was non-FB members made half what the football members were making so that's a little under $2 million for non-FB and $4 million for all sports. Boise State signed a contract where non-FB members will be getting 30% and all sports would be getting 70%.

So if it's $155 million with 9 football, 8 non football, and 3 football only
All sports: $10 million
Non-football $3 million
Football only (I'll put it at 60% it would be less) $6 million

(Not exact numbers) My numbers are way off stever20 is a better at math.

There wasn't anything wrong with ESPN's previous offer money wise the biggest issue was growth. Big East would have stayed at 16 members with no chance of expansion in the future or a championship football game. People say the contract would have helped keep the Big East intact which is false cause Pitt and Syracuse would have left for ACC no matter what.
(This post was last modified: 02-09-2012 10:29 AM by ollin.)
02-09-2012 10:19 AM
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stever20 Online
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Post: #43
RE: TV industry analyst: ACC additions worth more than BE deal 2014
The numbers that I come up with- with the 155 million per year deal...

all sports- 11.777 million
bball only 2.735 million
fball only 9.042 million

bball gets 30% of the 155 million per year. Divide that by 17.
fball gets 70% of the 155 million per year. divide that by 12.
all sports would get both shares....
(This post was last modified: 02-09-2012 10:31 AM by stever20.)
02-09-2012 10:28 AM
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stever20 Online
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Post: #44
RE: TV industry analyst: ACC additions worth more than BE deal 2014
also- for 2013 and 2014- pre Navy coming in- all sports would be getting 12.6 million and football onlies would be getting 9.863 million...
02-09-2012 10:33 AM
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johnbragg Offline
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Post: #45
RE: TV industry analyst: ACC additions worth more than BE deal 2014
(02-09-2012 09:29 AM)b0ndsj0ns Wrote:  
(02-09-2012 09:27 AM)johnbragg Wrote:  SportsBusinessJournalDaily.com said during the talks:
"Sources indicate the early numbers range from $110 million to $130 million annually, but conference sources describe those figures as a starting point for any negotiation." http://www.sportsbusinessdaily.com/Journ...-East.aspx

Gary Parrish of CBSSPorts.com in October said:
http://www.cbssports.com/story/15715357/...-thinks-so"
"...because there's been speculation for months that the Big East sealed its fate last May when it rejected a nine-year, $1.4 billion television contract from ESPN." That would be $155M a year.

How much per year would that have been for BE members? I don't know the dynamics for the split between all sports members and non-FB members.

Pretty sure nobody on this board knows how the money would have been split. Another possibility is that the 50/50 FB/BB split would have been kept.

I think the $110-$130M estimate was more likely. Say $120M.
$60M for football, divided by 9 schools = $6.667M
$60M for basketball, divided by 17 schools = $3.5M
So $3.5M for basketball schools, $10M for football (all-sports) schools.

Or the split may have been 60-40, or any number in between.

Also, the Boise State contract doesn't guarantee a 70-30 FB-BB split. It just gives Boise State the option of walking without an exit fee--but to where?
(This post was last modified: 02-09-2012 10:55 AM by johnbragg.)
02-09-2012 10:54 AM
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stever20 Online
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Post: #46
RE: TV industry analyst: ACC additions worth more than BE deal 2014
(02-09-2012 10:54 AM)johnbragg Wrote:  
(02-09-2012 09:29 AM)b0ndsj0ns Wrote:  
(02-09-2012 09:27 AM)johnbragg Wrote:  SportsBusinessJournalDaily.com said during the talks:
"Sources indicate the early numbers range from $110 million to $130 million annually, but conference sources describe those figures as a starting point for any negotiation." http://www.sportsbusinessdaily.com/Journ...-East.aspx

Gary Parrish of CBSSPorts.com in October said:
http://www.cbssports.com/story/15715357/...-thinks-so"
"...because there's been speculation for months that the Big East sealed its fate last May when it rejected a nine-year, $1.4 billion television contract from ESPN." That would be $155M a year.

How much per year would that have been for BE members? I don't know the dynamics for the split between all sports members and non-FB members.

Pretty sure nobody on this board knows how the money would have been split. Another possibility is that the 50/50 FB/BB split would have been kept.

I think the $110-$130M estimate was more likely. Say $120M.
$60M for football, divided by 9 schools = $6.667M
$60M for basketball, divided by 17 schools = $3.5M
So $3.5M for basketball schools, $10M for football (all-sports) schools.

Or the split may have been 60-40, or any number in between.

Also, the Boise State contract doesn't guarantee a 70-30 FB-BB split. It just gives Boise State the option of walking without an exit fee--but to where?

The problem though with that logic- if the Big East did that, how would they be perceived? Not great at all. I'm sorry, but I really don't see that at all.
02-09-2012 11:00 AM
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WVMntneer Offline
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Post: #47
RE: TV industry analyst: ACC additions worth more than BE deal 2014
(02-09-2012 11:00 AM)stever20 Wrote:  
(02-09-2012 10:54 AM)johnbragg Wrote:  
(02-09-2012 09:29 AM)b0ndsj0ns Wrote:  
(02-09-2012 09:27 AM)johnbragg Wrote:  SportsBusinessJournalDaily.com said during the talks:
"Sources indicate the early numbers range from $110 million to $130 million annually, but conference sources describe those figures as a starting point for any negotiation." http://www.sportsbusinessdaily.com/Journ...-East.aspx

Gary Parrish of CBSSPorts.com in October said:
http://www.cbssports.com/story/15715357/...-thinks-so"
"...because there's been speculation for months that the Big East sealed its fate last May when it rejected a nine-year, $1.4 billion television contract from ESPN." That would be $155M a year.

How much per year would that have been for BE members? I don't know the dynamics for the split between all sports members and non-FB members.

Pretty sure nobody on this board knows how the money would have been split. Another possibility is that the 50/50 FB/BB split would have been kept.

I think the $110-$130M estimate was more likely. Say $120M.
$60M for football, divided by 9 schools = $6.667M
$60M for basketball, divided by 17 schools = $3.5M
So $3.5M for basketball schools, $10M for football (all-sports) schools.

Or the split may have been 60-40, or any number in between.

Also, the Boise State contract doesn't guarantee a 70-30 FB-BB split. It just gives Boise State the option of walking without an exit fee--but to where?

The problem though with that logic- if the Big East did that, how would they be perceived? Not great at all. I'm sorry, but I really don't see that at all.

The most incompetent Commissioner in Big East history made the decisive blunder that rejected that deal...they were holding out for TCU to renegotiate, but TCU backed out and now, WVU, PITT and Syracuse with them. The Big East is sunk and should be renamed CUSA East.
02-09-2012 11:11 AM
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IceJus10 Offline
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Post: #48
RE: TV industry analyst: ACC additions worth more than BE deal 2014
(02-09-2012 11:11 AM)WVMntneer Wrote:  The most incompetent Commissioner in Big East history made the decisive blunder that rejected that deal...they were holding out for TCU to renegotiate, but TCU backed out and now, WVU, PITT and Syracuse with them. The Big East is sunk and should be renamed CUSA East.

The members voted the exclusive early-renewal ESPN television contract down -- it lost 12-4! If you Google it, you can find a lot of the details about it:

ESPN only offered $910-million (nearly a billion dollars) over 9-years

That really was a low ball offer, but what was claimed as worse was... 1) it didn't compensate for Conference growth/expansion, 2) devalued Big East basketball, 3) didn't guarantee all Big East Tourney games to be showed on TV as is current, 4) eliminated the $20-million a year Tier 2 CBS contract (a working partnership they've had since 1979 and would have likely gone up based on market price and BB success).
(This post was last modified: 02-10-2012 04:38 AM by IceJus10.)
02-10-2012 04:37 AM
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johnbragg Offline
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Post: #49
RE: TV industry analyst: ACC additions worth more than BE deal 2014
(02-10-2012 04:37 AM)IceJus10 Wrote:  
(02-09-2012 11:11 AM)WVMntneer Wrote:  The most incompetent Commissioner in Big East history made the decisive blunder that rejected that deal...they were holding out for TCU to renegotiate, but TCU backed out and now, WVU, PITT and Syracuse with them. The Big East is sunk and should be renamed CUSA East.

The members voted the exclusive early-renewal ESPN television contract down -- it lost 12-4! If you Google it, you can find a lot of the details about it:

ESPN only offered $910-million (nearly a billion dollars) over 9-years

Do you have a link for that number?

And you have the story of the vote wrong.

http://www.sportsbusinessdaily.com/Journ...-Fees.aspx

"Presidents from Georgetown, Notre Dame, Rutgers and Seton Hall voted against the deal, sources said. Others, including Pittsburgh and West Virginia, also were vocal skeptics of the deal, preferring to wait and see what the open market would bring once ESPN’s deals ended, following the 2013-14 football season. Still, the presidents voted 12-4 to accept its broad outlines.

Four weeks later, just a week after a record-breaking deal for the Pac-10’s media rights was announced, theBig East’s presidents met again. Not surprisingly, they needed only 15 minutes to reach a unanimous decision to reject ESPN’s offer."

Quote:That really was a low ball offer, but what was claimed as worse was... 1) it didn't compensate for Conference growth/expansion, 2) devalued Big East basketball, 3) didn't guarantee all Big East Tourney games to be showed on TV as is current, 4) eliminated the $20-million a year Tier 2 CBS contract (a working partnership they've had since 1979 and would have likely gone up based on market price and BB success).

Link on these details?
02-10-2012 06:01 AM
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