(12-20-2013 10:36 AM)Dasville Wrote: If Delany told Maryland the truth, then there is nothing Swofford could have done to prevent them from leaving. Even Illinois doesn't know if what Delany told them is true or not...
http://www.news-gazette.com/sports/illin...tball.html
Quote:If the information new member Maryland received from Jim Delany is accurate, each Big Ten school will receive an extra $7 million in broadcast revenue beginning next year (up to $32 million), and that $7 million alone is nearly enough to crack the nut on annual State Farm Center renovation payments for the next 30 years.
By 2017, when new contracts are signed, look for that $32 million to be $43 million ... and the overall UI budget to crack $100 million. If my numbers are off by a million or two, so what?
So quit worrying about finances. It’s enough to worry about the football team.
Again, what Delany has promised the current full earning members of the Big Ten, with the addition of Maryland and Rutgers, is an extra $7 million each, starting next year.
That's not the way I read the article. If the number was for adding UM and Rutgers, then those two teams would be generating $84 million a year over an above their own share of B10 TV money.
I think what that number is the football playoff and their share of the Rose Bowl. Plus a tish for Rutgers and MD
* adding an extra share for the conference - some conferences don't include that share on the front end.
Playoff $55 million divided by 15 = $3.667 million
Rose $40 million divided by 15 = $2.667 million
Subtotal $95 million or $6.334 million per team. The effect of adding MD and Rutgers would round it up to near $7 million.
Maryland would have seen a greater increase in the ACC:
Playoff $55 million divided by 16 = $3.437
Orange $37.5 million divided by 15 = $1.833
ND increase $2 million per team (the 2.5 football games and basketball)
$7.27 million more to be in the ACC in 2014
@$7.0 million more to be in the B10 in 2014
On a yearly basis it roughs out like so for all money:
2013 2014 2015 2017
B10 24.5 M 31.5 M* 31.5 M $38-43 M***
ACC 19.5 M 29.0 M*^ 32.0 M** $34 - 35M****
*Playoff and Bowl Money kicks in for B10 and ACC
^ND money kicks in for ACC
** Louisville and Capital One Bowl and ACC No Network Money kick in for ACC
*** B10's big TV contract renewal kicks in
****ACC first contractual look-in kicks in
By 2018 the B10 could be as much as $9 million per team ahead of the ACC, or as little as $4 million in TV, Bowl, Playoff, and NCAA Shares.
At $34 million to $43 million the ACC is at 79% of the B10
At $35 to $38 million is at 92%. More than likely the distance will be about 15% or the ACC at 85% of the B10. ESPN has a financial incentive to keep the ACC close to the B10 or SEC. And when budgets at the big schools will be topping $100,000,000, 4-5 million is not that great an amount. Even the medium sized schools like GT and NC State will grow to near $70 million a year.