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600 million for 12 teams?
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Jet915 Offline
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Post: #1
600 million for 12 teams?
Interesting piece from NY times stating that Fox might up the deal to 600 million for 12 teams (4.16 million per team). 500 million for 10 is the same.

Fox won them over with a 12-year deal worth about $500 million, according to reports. But the contract could spike to $600 million if the conference grows to a dozen teams, according to two people briefed on the contract but not authorized to speak publicly about its terms. A number of universities are said to be candidates to join the new Big East, including Xavier, an Atlantic 10 member, and Creighton, of the Missouri Valley Conference.

http://www.nytimes.com/2013/03/12/sports....html?_r=0
03-11-2013 08:17 PM
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ivet Offline
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RE: 600 million for 12 teams?
ooooo, things are starting to get interesting now, i'm sure the presidents wont really mind having 12 teams seeing how we were 16 deep before.
03-11-2013 08:20 PM
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gosports1 Offline
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RE: 600 million for 12 teams?
what? no mention of the school that shall not be named? 03-nutkick
03-11-2013 08:42 PM
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Jet915 Offline
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RE: 600 million for 12 teams?
(03-11-2013 08:42 PM)gosports1 Wrote:  what? no mention of the school that shall not be named? 03-nutkick

Don't make NJ close this thread!
03-11-2013 08:43 PM
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gosports1 Offline
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RE: 600 million for 12 teams?
(03-11-2013 08:43 PM)Jet915 Wrote:  
(03-11-2013 08:42 PM)gosports1 Wrote:  what? no mention of the school that shall not be named? 03-nutkick

Don't make NJ close this thread!

ok, i'll be good! 04-cheers
03-11-2013 08:46 PM
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stever20 Offline
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RE: 600 million for 12 teams?
(03-11-2013 08:42 PM)gosports1 Wrote:  what? no mention of the school that shall not be named? 03-nutkick

wow you are right- didn't see Dayton mentioned in here :)COGS
03-11-2013 09:08 PM
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ivet Offline
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RE: 600 million for 12 teams?
This is what Frank has been arguing since the breakup was announced and the potential contract with fox was announced.


Football is the financial bell cow of college sports, but Fox chased the basketball-only conference for several reasons:

¶ Fox Sports 1 doesn’t need football, but basketball is the cream of the old Big East, especially as Syracuse, Pittsburgh, Louisville and Rutgers exit the conference.

¶ Basketball adds volume to Fox Sports 1 as it plans to make its debut Aug. 17 with as many as 90 million subscribers.

¶ The seven universities bring Fox history and rivalries, especially Georgetown, St. John’s, Seton Hall and Providence, four of the original seven Big East teams, and Villanova. (Marquette and DePaul are the sixth and seventh programs.)


------------------------------------------------

I didn't know this but this but I can see why fox is trying to gobble up as much college sports as they can right now.
"ESPN made deals recently to make certain that no one, including Fox, could get the B.C.S. games and the new B.C.S. playoff system until 2026."
03-11-2013 09:16 PM
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stever20 Offline
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RE: 600 million for 12 teams?
I think for me I'm surprised that it was fox doing this and not Turner. I thought they would be making more of an effort to get back into college sports in conjunction with the NCAA tourney rights they have. Imagine the Big East tourney leading up to the NCAA tourney.
03-11-2013 09:21 PM
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aughnanure Offline
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RE: 600 million for 12 teams?
(03-11-2013 08:43 PM)Jet915 Wrote:  
(03-11-2013 08:42 PM)gosports1 Wrote:  what? no mention of the school that shall not be named? 03-nutkick

Don't make NJ close this thread!

VCU?
03-11-2013 09:23 PM
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Frank the Tank Offline
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RE: 600 million for 12 teams?
(03-11-2013 09:21 PM)stever20 Wrote:  I think for me I'm surprised that it was fox doing this and not Turner. I thought they would be making more of an effort to get back into college sports in conjunction with the NCAA tourney rights they have. Imagine the Big East tourney leading up to the NCAA tourney.

The main difference is that Fox needs a much greater push to create 2 new sports networks from scratch compared to Turner (where TNT and TBS are already well established). Fortunately for the C7, Fox has a long track record of investing big money in sports to get projects off the ground, whether it was for the NFL on over-the-air Fox or the English Premier League with Sky Sports in the UK.
03-11-2013 09:25 PM
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NJRedMan Offline
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Post: #11
RE: 600 million for 12 teams?
Interesting that the contract could jump by as much as we let the Aresco league get in the settlement.

Pretty freakin' stoked right now.

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03-11-2013 09:50 PM
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ivet Offline
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RE: 600 million for 12 teams?
(03-11-2013 09:50 PM)NJRedMan Wrote:  Interesting that the contract could jump by as much as we let the Aresco league get in the settlement.

Don't let the Old board know about this.

On second thought, I think they should know just for entertainment purposes.
03-11-2013 09:54 PM
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Title Offline
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Post: #13
RE: 600 million for 12 teams?
Does this not compute with anyone else?

Who exactly is bidding this up against Fox?

Fox isn't just going to throw in extra dollars because that's extra awesome. Give me a viable other party making this more expensive and I might be willing to drop 100% incredulity.
03-11-2013 10:08 PM
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NJRedMan Offline
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RE: 600 million for 12 teams?
(03-11-2013 10:08 PM)Title Wrote:  Does this not compute with anyone else?

Who exactly is bidding this up against Fox?

Fox isn't just going to throw in extra dollars because that's extra awesome. Give me a viable other party making this more expensive and I might be willing to drop 100% incredulity.

Could be a condition for being able to start this year AND come with the Big East name. "Get those two and the contract will be for this much." Seems like the kind of incentives that would get college presidents to actually show some hustle.
(This post was last modified: 03-11-2013 10:12 PM by NJRedMan.)
03-11-2013 10:11 PM
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College Basketball Fan Offline
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Post: #15
RE: 600 million for 12 teams?
According to my math, $600 million to 14 teams is slightly more than $500 million to 12 teams. Just speculation, but maybe Fox is pushing for an even larger conference? More likely, this is just a long-term repayment of the settlement, but I think that this would be interesting.

Either way. getting $3.5 to $4.2 million per year for just basketball is fantastic. Given decent NCAA credits and home attendance numbers, and virtually every C7 team should have enough money to compete with anyone.
03-11-2013 10:12 PM
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Title Offline
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RE: 600 million for 12 teams?
There just isn't enough viable programs to get to 14, unless of course that ACC blow-up happens earlier than expected.
03-11-2013 10:18 PM
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stever20 Offline
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RE: 600 million for 12 teams?
The only possible thing that could be viable is the Thamel 5 and then Gonzaga and VCU for 14. Other than that I agree with you...
03-11-2013 10:52 PM
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College Basketball Fan Offline
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Post: #18
RE: 600 million for 12 teams?
(03-11-2013 10:18 PM)Title Wrote:  There just isn't enough viable programs to get to 14, unless of course that ACC blow-up happens earlier than expected.

Depends on how far the conference wants to get away from Catholicism, and whether or not any of the outlandish teams have merit. Outside of the basic 5 (which have been discussed enough), you have:

Gonzaga: Travel Problems
VCU: Fit
Richmond: Basketball
Siena: Not quite good enough
Detroit: Not good enough, no fan support
BYU?: Football (add for Gonzaga partner)
UConn: Football
Cincinnati: Football
Memphis: Football
Notre Dame: Only temporary + Football
Wichita State: A little of everything *homer inclusion

Maybe they just decided to go with VCU and Richmond + the Thamel 5. Or maybe decided to grab Gonzaga. Maybe you grab some football schools. Maybe ND gets a spot.

There are options, is all I'm saying. Are they unlikely? Yeah. Every team has problems. But outside of Butler and Xavier, you have:

Creighton: Travel + few NCAA wins
SLU: Virtually no tournament success in the last 50+ years
Dayton: Currently on a down swing + market duplication

So it isn't like other programs don't have there own problems.
03-12-2013 07:24 AM
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HoyaAnt Offline
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Post: #19
RE: 600 million for 12 teams?
If the money is accurate, there is no question you can easily land schools especially with playing at the Garden and the Media exposure the Big East will generate. If we needed 14 My list would be the following schools: B7, Xavier, Butler, Creighton, BYU(they will remain independent for football for a long time) Gonzaga, VCU and St. Louis. In my opinion, this will be a solid 14 that could compete with any conference is easily!
(This post was last modified: 03-12-2013 10:15 AM by HoyaAnt.)
03-12-2013 08:06 AM
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Title Offline
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Post: #20
RE: 600 million for 12 teams?
I read that again. (Too late last night)

If those are real numbers, there's no reason to extend beyond 10.
03-12-2013 08:25 AM
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