(05-28-2016 10:57 PM)Thegoldstandard Wrote: Thosee numbers are only the 2 year portion. The bein deal is for 4 not 3 and raises it. Plus we are still getting distrubutions from the exit fees and the basketball credits that memphis left behind.
It is not what we were getting before the last batch of schools left but not as bad as all these writers are reporting.
Love to see a link to that effect.
If Al Jazeera Sports is picking third behind ESPN and CBS it is unlikely they are paying a premium price and they are in roughly the same number of homes as CBS Sports even if there no overlap, beIN and CBSSN combined are in fewer homes than ESPN or ESPN2 or FS1. By all accounts ASN the fourth pick wasn't even paying for third pick in the old deal.
Everyone is missing the REAL story here.
No it's not cord-cutting (an overblown meme at least right now)
No it's not about it being a market correction (it is a correction adjusting for the change in line-up to a degree but that's not the significant story).
What makes this truly interesting is the two year deal. Anything under 8 years is cause for raised eyebrows.
Signing a two year deal signals some serious internal problems.
It could be just covering up ears yelling lalalala to not hear the truth hoping that it all gets better in 24 months (really TWELVE months because that's when negotiations get down and dirty).
The problem with that is that this deal is actually designed to minimize revenue.
Now waiting might be a gamble to be played, intentionally taking low dollars today in the hopes of making it up in the next deal.
G5 value comes from ratings and willingness to play in non-standard times and on non-standard dates. On the ratings front, FS1 CUSA ratings were terrible, kicking the can down the road to get some games on ESPN might actually produce greater revenue in two years by changing the baseline on ratings.
But it should also be observed that CUSA exit is tied to TV revenue. That was a post-CUSA 1.0 move tying a portion of exit to making the league whole on the TV deal. CUSA has created a window where schools have wider latitude to exit cheaply.