(02-14-2024 04:44 PM)JRsec Wrote:  

(02-14-2024 03:29 PM)Hokie Mark Wrote:  Yes, the ACC is very close to the SEC this year, but before we get TOO far ahead of ourselves, a couple of things to consider:

1) 2023-24 figures to be the closest the average ACC payout will come to the SEC, at least until the ACC can get a [favorable] new TV contract.

2) Thanks to unequal sharing, the top ACC earners will continue to hang pretty close to the SEC, while the 3 new schools in particular will remain far behind (although in the case of SMU, still better off than they were before).

Bottom Line: if FSU thinks they can be a top-earner in the ACC, there's no reason for them to spend a bunch of money on a lawsuit with low probability of success -- just sit tight and take the extra ACC money!

However, the biggest beneficiaries of unequal sharing may end up being Clemson and UNC -- we'll see.

To be clear, this is the last year of the SEC's CBS contract. Next year the SEC earnings jump 20 million, minus whatever portion of the COVID loans the member schools elect to pay back. They have 3 to 5 years (their choice) to repay the 23 million each received from the conference to cover the loss of revenue from half empty stadiums (as mandated by COVID protocols). With ESPN escalators the SEC should be in the 75 million range next year.

Yes. Meanwhile, the highest paid ACC teams will make in the $60M-$70M range (depending on how many teams split the performance incentives).

(02-14-2024 05:27 PM)GTFletch Wrote:  

(02-13-2024 09:14 PM)GTFletch Wrote:  2022-23 ACC full distributions per team:

$47M Florida State Seminoles
$46M Virginia Tech
$44M Clemson Tigers
$44M Virginia Cavaliers
$42M North Carolina Tar Heels
$41M NC State Wolfpack
$41M Georgia Tech Yellow Jackets

Sorry I forgot to Link my source:

https://www.sportico.com/business/commer...234646029/

Thanks! Here's the explanation they have on their website:

Quote:Sportico maintains an interactive, real-time database that tracks the official balance sheets of public university athletic departments in the Football Bowl Subdivision. We are in the process of adding 2022-23 data as we obtain documents via public records requests. You can see how revenue and expense categories stack up among FBS programs by going to "Compare Schools," or click on the buttons below for school-specific data viz.

(02-14-2024 07:18 PM)Hokie Mark Wrote:  

(02-14-2024 04:44 PM)JRsec Wrote:  

(02-14-2024 03:29 PM)Hokie Mark Wrote:  Yes, the ACC is very close to the SEC this year, but before we get TOO far ahead of ourselves, a couple of things to consider:

1) 2023-24 figures to be the closest the average ACC payout will come to the SEC, at least until the ACC can get a [favorable] new TV contract.

2) Thanks to unequal sharing, the top ACC earners will continue to hang pretty close to the SEC, while the 3 new schools in particular will remain far behind (although in the case of SMU, still better off than they were before).

Bottom Line: if FSU thinks they can be a top-earner in the ACC, there's no reason for them to spend a bunch of money on a lawsuit with low probability of success -- just sit tight and take the extra ACC money!

However, the biggest beneficiaries of unequal sharing may end up being Clemson and UNC -- we'll see.

To be clear, this is the last year of the SEC's CBS contract. Next year the SEC earnings jump 20 million, minus whatever portion of the COVID loans the member schools elect to pay back. They have 3 to 5 years (their choice) to repay the 23 million each received from the conference to cover the loss of revenue from half empty stadiums (as mandated by COVID protocols). With ESPN escalators the SEC should be in the 75 million range next year.

Yes. Meanwhile, the highest paid ACC teams will make in the $60M-$70M range (depending on how many teams split the performance incentives).

I can see the lower end of that range, but will only believe the upper end when I see it.

(02-14-2024 08:23 PM)JRsec Wrote:  

(02-14-2024 07:18 PM)Hokie Mark Wrote:  

(02-14-2024 04:44 PM)JRsec Wrote:  

(02-14-2024 03:29 PM)Hokie Mark Wrote:  Yes, the ACC is very close to the SEC this year, but before we get TOO far ahead of ourselves, a couple of things to consider:

1) 2023-24 figures to be the closest the average ACC payout will come to the SEC, at least until the ACC can get a [favorable] new TV contract.

2) Thanks to unequal sharing, the top ACC earners will continue to hang pretty close to the SEC, while the 3 new schools in particular will remain far behind (although in the case of SMU, still better off than they were before).

Bottom Line: if FSU thinks they can be a top-earner in the ACC, there's no reason for them to spend a bunch of money on a lawsuit with low probability of success -- just sit tight and take the extra ACC money!

However, the biggest beneficiaries of unequal sharing may end up being Clemson and UNC -- we'll see.

To be clear, this is the last year of the SEC's CBS contract. Next year the SEC earnings jump 20 million, minus whatever portion of the COVID loans the member schools elect to pay back. They have 3 to 5 years (their choice) to repay the 23 million each received from the conference to cover the loss of revenue from half empty stadiums (as mandated by COVID protocols). With ESPN escalators the SEC should be in the 75 million range next year.

Yes. Meanwhile, the highest paid ACC teams will make in the $60M-$70M range (depending on how many teams split the performance incentives).

I can see the lower end of that range, but will only believe the upper end when I see it.

One team would have to get the lion's share of the incentive money for that to happen (so it's theoretically possible but unlikely)

(02-14-2024 09:51 PM)Hokie Mark Wrote:  

(02-14-2024 08:23 PM)JRsec Wrote:  

(02-14-2024 07:18 PM)Hokie Mark Wrote:  

(02-14-2024 04:44 PM)JRsec Wrote:  

(02-14-2024 03:29 PM)Hokie Mark Wrote:  Yes, the ACC is very close to the SEC this year, but before we get TOO far ahead of ourselves, a couple of things to consider:

1) 2023-24 figures to be the closest the average ACC payout will come to the SEC, at least until the ACC can get a [favorable] new TV contract.

2) Thanks to unequal sharing, the top ACC earners will continue to hang pretty close to the SEC, while the 3 new schools in particular will remain far behind (although in the case of SMU, still better off than they were before).

Bottom Line: if FSU thinks they can be a top-earner in the ACC, there's no reason for them to spend a bunch of money on a lawsuit with low probability of success -- just sit tight and take the extra ACC money!

However, the biggest beneficiaries of unequal sharing may end up being Clemson and UNC -- we'll see.

To be clear, this is the last year of the SEC's CBS contract. Next year the SEC earnings jump 20 million, minus whatever portion of the COVID loans the member schools elect to pay back. They have 3 to 5 years (their choice) to repay the 23 million each received from the conference to cover the loss of revenue from half empty stadiums (as mandated by COVID protocols). With ESPN escalators the SEC should be in the 75 million range next year.

Yes. Meanwhile, the highest paid ACC teams will make in the $60M-$70M range (depending on how many teams split the performance incentives).

I can see the lower end of that range, but will only believe the upper end when I see it.

One team would have to get the lion's share of the incentive money for that to happen (so it's theoretically possible but unlikely)

I think even the lower end of that range is a stretch.

(02-16-2024 11:13 AM)ken d Wrote:  

(02-14-2024 09:51 PM)Hokie Mark Wrote:  

(02-14-2024 08:23 PM)JRsec Wrote:  

(02-14-2024 07:18 PM)Hokie Mark Wrote:  

(02-14-2024 04:44 PM)JRsec Wrote:  To be clear, this is the last year of the SEC's CBS contract. Next year the SEC earnings jump 20 million, minus whatever portion of the COVID loans the member schools elect to pay back. They have 3 to 5 years (their choice) to repay the 23 million each received from the conference to cover the loss of revenue from half empty stadiums (as mandated by COVID protocols). With ESPN escalators the SEC should be in the 75 million range next year.

Yes. Meanwhile, the highest paid ACC teams will make in the $60M-$70M range (depending on how many teams split the performance incentives).

I can see the lower end of that range, but will only believe the upper end when I see it.

One team would have to get the lion's share of the incentive money for that to happen (so it's theoretically possible but unlikely)

I think even the lower end of that range is a stretch.

Keep in mind, the AVERAGE ACC team (not counting the 3 new ones) will be getting somewhere in the mid $40M's, so we're only talking about a $15M bump.

(02-08-2024 05:58 PM)random asian guy Wrote:  

(02-08-2024 05:48 PM)Garrettabc Wrote:  $3m increase is pretty good and that was without a playoff appearance. The ACC is due a $2m increase each year, so what accounts for the extra million?

Media rights continued to represent the largest revenue input, climbing six percent to $33.3 million.

TV money increased at 6 percent. Remember some B12 fans were so thrilled about $31.7M average figure for the next cycle? The ACC already passed that number.

Yet the Big 12 still paid out more than the ACC because of other sources of revenue. On a side note, once the Big 12's data rights deal is announced you can pretty much lump that with the media rights deal. That will likely bump the Big 12 payout to 36.7 to 38.7 million with incremental increases as well, possibly more. It offsets any increase in ACC revenue and keeps the Big 12 payout at #3 (the payout was 44 to 45 million last year minus the data rights deal and the new TV contract as well as any escalator clauses added to the new deal).

The B12's TV contract payout was only $27.3 M per school in FY 22 - the last year of Form 990's
The ACC's TV contract payout was $31 M per school for the same Fiscal Year.

The B12 made $141 M off bowls and the football playoff.
The ACC made just $90 M off bowls and the football playoff (no Orange Bowl).

After losing Texas and OU the B12 deal resets to begin paying them $25M per school for TV in FY 25. Do they teach accounting at Cincy?

(02-16-2024 05:24 PM)SouthernConfBoy Wrote:  The B12's TV contract payout was only $27.3 M per school in FY 22 - the last year of Form 990's
The ACC's TV contract payout was $31 M per school for the same Fiscal Year.

The B12 made $141 M off bowls and the football playoff.
The ACC made just $90 M off bowls and the football playoff (no Orange Bowl).

After losing Texas and OU the B12 deal resets to begin paying them $25M per school for TV in FY 25. Do they teach accounting at Cincy?

And extra $5M per team in bowl money is significant, but also fleeting.