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Big 12 Revenue
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quo vadis Offline
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Post: #21
RE: Big 12 Revenue
(05-28-2017 01:07 PM)Scoochpooch1 Wrote:  
(05-28-2017 12:45 PM)OldGoldnBlue Wrote:  "Industry sources indicate Big 12 is expected to announce next week revenue distribution of $33M-34M per school, up from $30.4M last year."- Chuck Carlton

Stewart Mandel‏Verified account @slmandel May 26

"That conference does much better financially than people realize."

https://twitter.com/ChuckCarltonDMN/stat....145964%2F


WVU will bringing in over 40 million this year 04-cheers

But the true value of an entity is based on the present value of future cash flows. Everyone knows that ESPN vastly overpaid the Big 12 in 2010 and that isn't likely to happen again. Currently the Big 12 is being paid marvelously.

AAC fans excuse Aresco's miserable TV contract by talking about the "instability" the AAC faced when it was negotiating its deal, but the Big 12 was at least as unstable when interim commissioner Chuck Neinas negotiated his deal in late 2011 to early 2012. And he knocked it out of the park.

The job Neinas did in the 10 months he held the Big 12 job was stupendous.
05-28-2017 05:02 PM
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BearcatJerry Offline
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Post: #22
RE: Big 12 Revenue
(05-28-2017 12:45 PM)OldGoldnBlue Wrote:  "Industry sources indicate Big 12 is expected to announce next week revenue distribution of $33M-34M per school, up from $30.4M last year."- Chuck Carlton

Stewart Mandel‏Verified account @slmandel May 26

"That conference does much better financially than people realize."

https://twitter.com/ChuckCarltonDMN/stat....145964%2F


WVU will be bringing in over 40 million this year 04-cheers

Congratulations.



05-28-2017 05:14 PM
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Dr. Isaly von Yinzer Offline
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Post: #23
RE: Big 12 Revenue
(05-28-2017 03:26 PM)OldGoldnBlue Wrote:  
(05-28-2017 02:55 PM)templefootballfan Wrote:  Tier 3 money dont' sound right
Tex is making 15 million from LHN
everybody else is making 6-7 million from what
1AA fb game, 4 overmatched BB, WBB, baseball

WVU makes 6.5-7 million per year with IMG for their primary T3 deal. We also withheld a few things from that deal that we make an additional 1.5-2 million on.

"Luck estimates that while $86 million over 12 years averages out to just over $7 million a year — WVU was grossing about $6 million a year in Tier 3 revenues before this contract, the additional rights they kept this time that were included in the first deal give the Mountaineers about a $9 to $9.5 million gross per year."

http://www.timeswv.com/sports/wvu-img-re...107fb.html

While the rest of the power conferences signed their T3 rights away the Big 12 is making a killing on them.
...in exchange for a conference network. Pretty good trade off and one WVU would DIE to make.
05-28-2017 05:53 PM
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OldGoldnBlue Offline
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Post: #24
RE: Big 12 Revenue
(05-28-2017 05:53 PM)Dr. Isaly von Yinzer Wrote:  
(05-28-2017 03:26 PM)OldGoldnBlue Wrote:  
(05-28-2017 02:55 PM)templefootballfan Wrote:  Tier 3 money dont' sound right
Tex is making 15 million from LHN
everybody else is making 6-7 million from what
1AA fb game, 4 overmatched BB, WBB, baseball

WVU makes 6.5-7 million per year with IMG for their primary T3 deal. We also withheld a few things from that deal that we make an additional 1.5-2 million on.

"Luck estimates that while $86 million over 12 years averages out to just over $7 million a year — WVU was grossing about $6 million a year in Tier 3 revenues before this contract, the additional rights they kept this time that were included in the first deal give the Mountaineers about a $9 to $9.5 million gross per year."

http://www.timeswv.com/sports/wvu-img-re...107fb.html

While the rest of the power conferences signed their T3 rights away the Big 12 is making a killing on them.
...in exchange for a conference network. Pretty good trade off and one WVU would DIE to make.

Why? We currently make more money than all but the SEC and Big Ten. WVU will still be making more than the ACC teams if your network even gets off the ground.

That being said I would love for WVU to be in the ACC but a conference network has nothing to do with it.
05-28-2017 06:32 PM
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UTEPDallas Offline
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Post: #25
RE: Big 12 Revenue
Oh no the Big XII is proving once again they're a valuable entity. The ACC fanboys won't like to hear that and they'll spin it especially since West Virginia is benefiting from it.
05-28-2017 06:38 PM
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MadisonHawk Offline
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Post: #26
RE: Big 12 Revenue
(05-28-2017 04:56 PM)quo vadis Wrote:  The Big 12 is what it used to be

No. The current Big XII is very different than the one that had Texas A&M, Nebraska, Colorado and Missouri.

(05-28-2017 04:56 PM)quo vadis Wrote:  at least as long as Texas and Oklahoma are members. If they are, they will continue to get paid very well.

That may be true but we will find out early the next decade. I still find it interesting that the B1G went with a six year deal that expires around the same time the Big XII's does.
05-28-2017 06:45 PM
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nzmorange Offline
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Post: #27
RE: Big 12 Revenue
(05-28-2017 06:32 PM)OldGoldnBlue Wrote:  
(05-28-2017 05:53 PM)Dr. Isaly von Yinzer Wrote:  
(05-28-2017 03:26 PM)OldGoldnBlue Wrote:  
(05-28-2017 02:55 PM)templefootballfan Wrote:  Tier 3 money dont' sound right
Tex is making 15 million from LHN
everybody else is making 6-7 million from what
1AA fb game, 4 overmatched BB, WBB, baseball

WVU makes 6.5-7 million per year with IMG for their primary T3 deal. We also withheld a few things from that deal that we make an additional 1.5-2 million on.

"Luck estimates that while $86 million over 12 years averages out to just over $7 million a year — WVU was grossing about $6 million a year in Tier 3 revenues before this contract, the additional rights they kept this time that were included in the first deal give the Mountaineers about a $9 to $9.5 million gross per year."

http://www.timeswv.com/sports/wvu-img-re...107fb.html

While the rest of the power conferences signed their T3 rights away the Big 12 is making a killing on them.
...in exchange for a conference network. Pretty good trade off and one WVU would DIE to make.

Why? We currently make more money than all but the SEC and Big Ten. WVU will still be making more than the ACC teams if your network even gets off the ground.

That being said I would love for WVU to be in the ACC but a conference network has nothing to do with it.

I'd love for WVU to be in the ACC as well. However, I doubt that it will happen. I also doubt that the B12 will survive as it's presently configured, but I'm pretty sure WVU will be OK one way or the other.
05-28-2017 06:59 PM
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Post: #28
RE: Big 12 Revenue
(05-28-2017 01:07 PM)Scoochpooch1 Wrote:  
(05-28-2017 12:45 PM)OldGoldnBlue Wrote:  "Industry sources indicate Big 12 is expected to announce next week revenue distribution of $33M-34M per school, up from $30.4M last year."- Chuck Carlton

Stewart Mandel‏Verified account @slmandel May 26

"That conference does much better financially than people realize."

https://twitter.com/ChuckCarltonDMN/stat....145964%2F


WVU will bringing in over 40 million this year 04-cheers

But the true value of an entity is based on the present value of future cash flows. Everyone knows that ESPN vastly overpaid the Big 12 in 2010 and that isn't likely to happen again. Currently the Big 12 is being paid marvelously.

Big 12 gets better ratings than the Pac 12 and probably the ACC (depends on how you measure) and really isn't that far behind the Big 10. You are just quoting fan fiction. Big 12 members average higher revenue than Pac 12 and ACC and aren't far behind the SEC and Big 10. Their football attendance is a solid #3.
05-28-2017 08:17 PM
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Post: #29
RE: Big 12 Revenue
(05-28-2017 04:49 PM)StinkyDuck Wrote:  When the big 12 went to ten teams didn't the networks keep the contract the same to keep the conference intact?

If so the schools are getting paid as a 12 team conference instead of 10 so their per school revenue should he high.

The conference just isn't what it used to be so no telling what the networks will offer when their next TV negotiations begin.

The current contracts were signed after the Big 12 became a 10 team conference with TCU and West Virginia.

Its frustrating how this false information keeps getting recycled.
05-28-2017 08:19 PM
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Post: #30
RE: Big 12 Revenue
(05-28-2017 06:45 PM)MadisonHawk Wrote:  
(05-28-2017 04:56 PM)quo vadis Wrote:  The Big 12 is what it used to be

No. The current Big XII is very different than the one that had Texas A&M, Nebraska, Colorado and Missouri.

(05-28-2017 04:56 PM)quo vadis Wrote:  at least as long as Texas and Oklahoma are members. If they are, they will continue to get paid very well.

That may be true but we will find out early the next decade. I still find it interesting that the B1G went with a six year deal that expires around the same time the Big XII's does.

I don't think that was a coincidence. It also expires the same year as the Pac 12. Could be a 2 or 3 conference coalition for media rights, not necessarily a planned raid.
05-28-2017 08:21 PM
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hawghiggs Offline
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Post: #31
RE: Big 12 Revenue
(05-28-2017 04:33 PM)OldGoldnBlue Wrote:  
(05-28-2017 04:21 PM)hawghiggs Wrote:  The future of the Big 12 really depends on what the Big 12 does with Baylor. If the Big 12 expels Baylor from the conference and quickly replaces them with either Colorado State or New Mexico. To keep the current contract. Then the Big 12 could pay either of them a reduced share until the end of the contract. They could use this money to either increase shares for current members or build their own network.

There is a less than zero chance Baylor gets expelled. I would love it if they would be but it's just not realistic. If the Big 12 blows up Baylor will be royally effed though, no other conference will even consider taking that cesspool

You don't know that to be true. Just like I don't know it not to be. But what we do know is that Baylor is having its share of revenue withheld until the end of the investigations. There is a lot of damning information against Baylor. If this Title IX thing goes sideways against them. Then they are sunk, and the Big 12 might as well cut Baylor loose.
05-28-2017 08:31 PM
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mj4life Offline
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Post: #32
RE: Big 12 Revenue
(05-28-2017 06:38 PM)UTEPDallas Wrote:  Oh no the Big XII is proving once again they're a valuable entity. The ACC fanboys won't like to hear that and they'll spin it especially since West Virginia is benefiting from it.

I personally hope the B12 survives but let's be real the only numbers that matter are 8 & 20 or the amount of years each has left on their media deals
05-28-2017 08:41 PM
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Hokie Mark Offline
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Post: #33
RE: Big 12 Revenue
Whether the Big XII was or was not overpaid at some point in the past is irrelevant for the next contract. All that will matter is what their rights are worth THEN. Same goes for every other conference which has or will sign a new contract.

Even if Fox or ESPN or whoever occasionally signs a contract at more than market value for some strategic reason, that won't affect the true market value over the long run.
05-28-2017 09:40 PM
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DawgNBama Offline
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Post: #34
RE: Big 12 Revenue
Ok, has anyone else noticed something really interesting about the Big XII, besides the Tier 3 rights, and the Big Ten's contracts expiring about the same time the Big 12's do? Look at who televises the Big 12. I think ESPN might be willing to keep the Big 12 around if the Big 12 kicks Fox to the curb.
(This post was last modified: 05-29-2017 12:35 AM by DawgNBama.)
05-29-2017 12:34 AM
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templefootballfan Offline
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Post: #35
RE: Big 12 Revenue
(05-29-2017 12:34 AM)DawgNBama Wrote:  Ok, has anyone else noticed something really interesting about the Big XII, besides the Tier 3 rights, and the Big Ten's contracts expiring about the same time the Big 12's do? Look at who televises the Big 12. I think ESPN might be willing to keep the Big 12 around if the Big 12 kicks Fox to the curb.

that might work both ways
i could see Fox looking for eastern expansion
& kicking espn to curb

i
05-29-2017 01:00 AM
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quo vadis Offline
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Post: #36
RE: Big 12 Revenue
(05-28-2017 09:40 PM)Hokie Mark Wrote:  Whether the Big XII was or was not overpaid at some point in the past is irrelevant for the next contract. All that will matter is what their rights are worth THEN. Same goes for every other conference which has or will sign a new contract.

Even if Fox or ESPN or whoever occasionally signs a contract at more than market value for some strategic reason, that won't affect the true market value over the long run.

There is no "true market value over the long run" that floats above the actual supply and demand derived market in some eternal or ephemeral sense. Market value can and will change over time as supply and demand changes.

The Big 12 was worth what it signed for in 2012. What it will be worth in 2024 won't be determined until then. Same for any other conference.
(This post was last modified: 05-29-2017 08:22 AM by quo vadis.)
05-29-2017 08:17 AM
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nzmorange Offline
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Post: #37
RE: Big 12 Revenue
(05-29-2017 08:17 AM)quo vadis Wrote:  
(05-28-2017 09:40 PM)Hokie Mark Wrote:  Whether the Big XII was or was not overpaid at some point in the past is irrelevant for the next contract. All that will matter is what their rights are worth THEN. Same goes for every other conference which has or will sign a new contract.

Even if Fox or ESPN or whoever occasionally signs a contract at more than market value for some strategic reason, that won't affect the true market value over the long run.

There is no "true market value over the long run" that floats above the actual supply and demand derived market in some eternal or ephemeral sense. Market value can and will change over time as supply and demand changes.

The Big 12 was worth what it signed for in 2012. What it will be worth in 2024 won't be determined until then. Same for any other conference.

+1

Assets are worth what people will pay for them - nothing more and nothing less.
05-29-2017 08:27 AM
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Frog in the Kitchen Sink Offline
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Post: #38
RE: Big 12 Revenue
I think everyone agrees the Big 12 value will be strong as long as UT and OU are there. And if the revenue for those two is in the range of the potential revenue elsewhere, there's no reason to leave. They are in a regional league with traditional rivals right now where they are king. They will be off to the side, literally and figuratively in whatever new opportunity comes along, barring a multi-team merger. So the revenue gradient is going to have to be pretty strong for movement. I think it will eventually happen but I am beginning to think with Disney's struggles and the potential for a leveling of sports rights fees, it won't happen this next contract cycle.
05-29-2017 08:37 AM
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nzmorange Offline
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Post: #39
RE: Big 12 Revenue
(05-29-2017 08:37 AM)Frog in the Kitchen Sink Wrote:  I think everyone agrees the Big 12 value will be strong as long as UT and OU are there. And if the revenue for those two is in the range of the potential revenue elsewhere, there's no reason to leave. They are in a regional league with traditional rivals right now where they are king. They will be off to the side, literally and figuratively in whatever new opportunity comes along, barring a multi-team merger. So the revenue gradient is going to have to be pretty strong for movement. I think it will eventually happen but I am beginning to think with Disney's struggles and the potential for a leveling of sports rights fees, it won't happen this next contract cycle.

I think that the threatened suit is a big deal. I think that the big networks will do everything that they can to tear the league apart.

EDIT: But I agree with what you said.
(This post was last modified: 05-29-2017 08:40 AM by nzmorange.)
05-29-2017 08:39 AM
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panama Offline
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Post: #40
RE: Big 12 Revenue
The G5 fans being salty and wanting the B12 demise as if the T.V. revenue will suddenly be visited upon them, is hilarious.

It's a conference of flagship and near flagships with generations of fan support. There is not going to be a transfer of that revenue to anyone. As as noted the invited nobody and made MORE money. They will be more than fine.

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05-29-2017 09:34 AM
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