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New Big East TV Contract Provision for Conference Split
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3601 Offline
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Post: #1
New Big East TV Contract Provision for Conference Split
The new TV contract contains a provision regarding a possible conference split. The FB schools retain 65% of the total revenue if there is a split and the non-FB schools keep 35%.
09-11-2006 07:24 PM
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ccbfan Offline
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Post: #2
 
Link?

But if this is true then that mean the football schools probably get like 70+ percent if they stay together considering Trained Geese and the b-ball school have to give the football schools a reason to stay with them.
09-11-2006 07:33 PM
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SF Husky Offline
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Post: #3
Re: New Big East TV Contract Provision for Conference Split
3601 Wrote:The new TV contract contains a provision regarding a possible conference split. The FB schools retain 65% of the total revenue if there is a split and the non-FB schools keep 35%.

Is this after the split? I doubt the FB schools would agree to a long term contracr unless there is a possible split.
09-11-2006 07:41 PM
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jtwvu87 Offline
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3601,

if i am reading this hyperlink u posted, then the 7th or 8th paragraph basically states that the Big East deal with ESPN is just about "$200 million over 6 years...."

that is $33.33 Million per year for the Big East Conference. and $2.08 Million per school; $33.33 Million divided by 16 teams

so is this the Big Contract that the we were suppose to get from ESPN.

is this on par with the ACC???

thanks. anybody's input will be appreciated

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09-11-2006 08:11 PM
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omniorange Offline
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Re: New Big East TV Contract Provision for Conference Split
3601 Wrote:The new TV contract contains a provision regarding a possible conference split. The FB schools retain 65% of the total revenue if there is a split and the non-FB schools keep 35%.

Unlikely.

Let's say the contract is worth $250 million over 6 years.

250 times .65 = 162.5 mil.(est fb share of the total contract, if above is true).

The football portion is supposedly 14 mil a year or 84 mil for 6 years.

250 (est. total) - 84 (est. fb contract) = 166 mil (total of the bb contract).

162.5 - 84 = 78.5 mil. (fb schools share of the bb contract, if 65% is true)

78.5 (est fb share of bb contract if this were true) divided by 166 (est. total value of the bb contract only) is slightly over 47% of the total, meaning that the bb schools would get just under 52% of the total of the bb contract.

No way are the bb schools getting more for the bb contract with 4 of the top 6 draws in the league being UConn, Syracuse, Louisville, and Pitt.

Cheers,
Neil
09-11-2006 08:12 PM
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jtwvu87 Offline
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Post: #6
 
3601,

i am sorry i am in the wrong thread. but anyway if yal go to the BE TV Network thread...it states 200 million over six years. go check it out.???

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09-11-2006 08:19 PM
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omniorange Offline
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jtwvu87 Wrote:...the 7th or 8th paragraph basically states that the Big East deal with ESPN is just about "$200 million over 6 years...."

so is this the Big Contract that the we were suppose to get from ESPN.

is this on par with the ACC???

thanks. anybody's input will be appreciated

jtwvu87

According to Dick Weiss in the Daily News:

"The total package is apparently worth slightly less than the seven-year, $258 million deal the ACC signed with the cable giant in 2004, but affords more exposure."

http://www.nydailynews.com/sports/story/...6942c.html

Since the ACC's contract was for football only (their bb contract is with Raycom), the assumption has been that the total of the entire deal for BOTH Big East football and basketball combined was slightly less than 258 million.

Even if you divide 258 by 7 you get 36.86 and then if you times that by 6 you get a total of 221 million. So, was the slightly less than the ACC got referring to the overall total dollar package not taking in consideration number of years of the contract? Or was it pro-rated to take number of years into the equation?

If the latter, and the 200 million is closer to the truth, this is how the numbers would go.

200 mil (total package) - 84 mil (est. fb package) = 116 mil (est. bb package)

200 mil x .65 = 130 mil.

130 - 84 = 46 mil (fb schools share of total package if 200 mil is correct and 65% for fb schools is accurate).

46 million divided by 116 million would mean the football schools share is less than 40% of the total worth of the BE bb contract.

No way.

I think too many are trying to guess what the figures are based upon what has been reported in the newspapers.

Cheers,
Neil
09-11-2006 08:39 PM
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jtwvu87 Offline
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Post: #8
 
omnicarrier,

i don't know...it seems like the information is starting to leak out about the contract...that is money wise. this guy must know somebody to have arrived at the about $200 million number. i guess as the days go by more and more details will be released. hell, it's hard to keep a secret between 2 or more people let alone 16 presidents of a university and that is not counting people involved at the conference office and espn.

thanks anyway

jtwvu87
09-11-2006 08:44 PM
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omniorange Offline
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jtwvu87 Wrote:omnicarrier,

i don't know...it seems like the information is starting to leak out about the contract...that is money wise. this guy must know somebody to have arrived at the about $200 million number. i guess as the days go by more and more details will be released. hell, it's hard to keep a secret between 2 or more people let alone 16 presidents of a university and that is not counting people involved at the conference office and espn.

thanks anyway

jtwvu87

Look at it another way.

They have made a big deal about the fb contract being equal to what the BE football contract was at its best (15 million) - most assuming that it is just under 14 million a year.

14 times 6 = 84 million.

200 - 84 means the bb contract would only be worth 116 million.

That figured divided by 6 years is 19.33 million per year or 1.21 million per year per school.

Prior to expansion the 11 Big East teams remaining in the conference were getting 1.25 million under the old contract. Think the likes of Syracuse, UConn, St. John's, Villanova, G'Town, etc. wouldn't be upset if they were getting the same or less for bb with the additions???

Again, anything is possible. But the 200 million just doesn't seem right to me.

Cheers,
Neil
09-11-2006 08:51 PM
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SF Husky Offline
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Post: #10
 
omnicarrier Wrote:
jtwvu87 Wrote:omnicarrier,

i don't know...it seems like the information is starting to leak out about the contract...that is money wise. this guy must know somebody to have arrived at the about $200 million number. i guess as the days go by more and more details will be released. hell, it's hard to keep a secret between 2 or more people let alone 16 presidents of a university and that is not counting people involved at the conference office and espn.

thanks anyway

jtwvu87

Look at it another way.

They have made a big deal about the fb contract being equal to what the BE football contract was at its best (15 million) - most assuming that it is just under 14 million a year.

14 times 6 = 84 million.

200 - 84 means the bb contract would only be worth 116 million.

That figured divided by 6 years is 19.33 million per year or 1.21 million per year per school.

Prior to expansion the 11 Big East teams remaining in the conference were getting 1.25 million under the old contract. Think the likes of Syracuse, UConn, St. John's, Villanova, G'Town, etc. wouldn't be upset if they were getting the same or less for bb with the additions???

Again, anything is possible. But the 200 million just doesn't seem right to me.

Cheers,
Neil

Agreed. No freaking way the new BB contract is as bad as the old one. ESPN was underpaying the BE for the basketball contract and they better make up in the new one. I think the $200M number in the article is probably referring to basketball only and FB contract is something totally different on its own. No way should BE take a BB contract less than the ACC with all these storied basketball programs in the conference.
09-11-2006 09:46 PM
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SoCalPanther Offline
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Post: #11
 
EDITED... Omnicarrier already noted what I was going to post.
09-12-2006 04:04 AM
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