From "Big ACC distribution boost for upcoming Tech budget" on AJC.com:

Quote:The distribution from the ACC increased by 32 percent, from $17.9 million to $23.6 million. The distribution largely comes from ESPN, and the boost is a result of the ACC’s renegotiated contract with the network after the addition of Notre Dame, Pittsburgh and Syracuse, the grant of rights and the upcoming college football playoff. (According to the budget notes, the playoff agreement is worth $3 million in new revenue and the additions to the ACC were worth $2.5 in additional revenue.)

This all sounds good.

Quote:The distribution is expected to increase by roughly $1 million annually, except in years when the Orange Bowl hosts the national championship game. It will increase an additional $1 million in the following year.

What did he just say? Does this mean that revenue is flat in the OB semi years but then increases by $2M the next year, or just by $1M? I can't tell from this mess... apparently they teach Calculus at Georgia Tech but not English?

(07-09-2014 06:29 PM)Hokie Mark Wrote:  From "Big ACC distribution boost for upcoming Tech budget" on AJC.com:

Quote:The distribution from the ACC increased by 32 percent, from $17.9 million to $23.6 million. The distribution largely comes from ESPN, and the boost is a result of the ACC’s renegotiated contract with the network after the addition of Notre Dame, Pittsburgh and Syracuse, the grant of rights and the upcoming college football playoff. (According to the budget notes, the playoff agreement is worth $3 million in new revenue and the additions to the ACC were worth $2.5 in additional revenue.)

This all sounds good.

Quote:The distribution is expected to increase by roughly $1 million annually, except in years when the Orange Bowl hosts the national championship game. It will increase an additional $1 million in the following year.

What did he just say? Does this mean that revenue is flat in the OB semi years but then increases by $2M the next year, or just by $1M? I can't tell from this mess... apparently they teach Calculus at Georgia Tech but not English?

GT is unusual in that it talks in public about it's future athletic budget.

When smart public people talk about budgets in public, they do it after they have cooked the books a little and have underestimated revenue and overestimated costs.

If GT telegraphs too much revenue, it could harm donations. A good rule of thumb in the public sector is a 3.5 to 5% cushion on both ends that hopefully yields an annual excess of revenues over expenditures of 7 to 10% that you then hide in depreciation.

(07-09-2014 06:29 PM)Hokie Mark Wrote:  What did he just say? Does this mean that revenue is flat in the OB semi years but then increases by $2M the next year, or just by $1M? I can't tell from this mess... apparently they teach Calculus at Georgia Tech but not English?

The writer isn't a GT grad... he's a Michigan alum.

(07-09-2014 09:30 PM)gpburdell Wrote:  

(07-09-2014 06:29 PM)Hokie Mark Wrote:  What did he just say? Does this mean that revenue is flat in the OB semi years but then increases by $2M the next year, or just by $1M? I can't tell from this mess... apparently they teach Calculus at Georgia Tech but not English?

The writer isn't a GT grad... he's a Michigan alum.

Ah. That explains why there's no calculus in it.

ESPN doesn't want the ACC to fail, so it will continue to increase pay to whatever the bare minimum is to protect its asset. I think the current set up with SEC (especially its Football) and ACC (especially its Basketball) is ESPN's best case scenario in terms of controlling content to distribute 12 months a year. JMO...

(07-09-2014 07:22 PM)lumberpack4 Wrote:  

(07-09-2014 06:29 PM)Hokie Mark Wrote:  From "Big ACC distribution boost for upcoming Tech budget" on AJC.com:

Quote:The distribution from the ACC increased by 32 percent, from $17.9 million to $23.6 million. The distribution largely comes from ESPN, and the boost is a result of the ACC’s renegotiated contract with the network after the addition of Notre Dame, Pittsburgh and Syracuse, the grant of rights and the upcoming college football playoff. (According to the budget notes, the playoff agreement is worth $3 million in new revenue and the additions to the ACC were worth $2.5 in additional revenue.)

This all sounds good.

Quote:The distribution is expected to increase by roughly $1 million annually, except in years when the Orange Bowl hosts the national championship game. It will increase an additional $1 million in the following year.

What did he just say? Does this mean that revenue is flat in the OB semi years but then increases by $2M the next year, or just by $1M? I can't tell from this mess... apparently they teach Calculus at Georgia Tech but not English?

GT is unusual in that it talks in public about it's future athletic budget.

When smart public people talk about budgets in public, they do it after they have cooked the books a little and have underestimated revenue and overestimated costs.

If GT telegraphs too much revenue, it could harm donations. A good rule of thumb in the public sector is a 3.5 to 5% cushion on both ends that hopefully yields an annual excess of revenues over expenditures of 7 to 10% that you then hide in depreciation.

Well put lumberpack!

That can't be right. Our WVU friends have already said that The ACC was doomed. How can it be? But what about Tier 3.....
CJ