Hello There, Guest! (LoginRegister)

Post Reply 
CBS: Big XII Payout was $9.4 Million per school less than the SEC...
Author Message
quo vadis Online
Legend
*

Posts: 50,229
Joined: Aug 2008
Reputation: 2440
I Root For: USF/Georgetown
Location: New Orleans
Post: #21
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 09:51 AM)bullet Wrote:  
(02-22-2016 09:35 AM)fsquid Wrote:  So I'm guessing the difference is mainly the SEC and Big 10 networks that are printing money?

A big part of it. But the CBS article is pretty sloppy. Many of its numbers don't agree with any other sources, including press releases by the SEC and Big 12. He both overstates and understates the distributions of the two conferences. It would have been simple for him to check, but he puts out numbers that sometimes aren't even logical. He did get 2013-14 mostly right. As for looking at the tax returns, it can be tricky finding the right numbers and understanding them. I've looked at the ACC 990 and its not just sitting in one place easy to find.

What the other sources say:
2011-12 SEC $20.3 million Big 12 $19.0
2012-13 SEC $20.7 million Big 12 $19.8
2013-14 SEC $20.9 million Big 12 $21.2
2014-15 SEC $31.2 million Big 12 $25.2

FWIW, the SEC numbers reported here do not include bowl money retained, which would come to about $1.5m more per school.
(This post was last modified: 02-22-2016 11:46 AM by quo vadis.)
02-22-2016 11:45 AM
Find all posts by this user Quote this message in a reply
bullet Offline
Legend
*

Posts: 66,912
Joined: Apr 2012
Reputation: 3317
I Root For: Texas, UK, UGA
Location:
Post: #22
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 11:45 AM)quo vadis Wrote:  
(02-22-2016 09:51 AM)bullet Wrote:  
(02-22-2016 09:35 AM)fsquid Wrote:  So I'm guessing the difference is mainly the SEC and Big 10 networks that are printing money?

A big part of it. But the CBS article is pretty sloppy. Many of its numbers don't agree with any other sources, including press releases by the SEC and Big 12. He both overstates and understates the distributions of the two conferences. It would have been simple for him to check, but he puts out numbers that sometimes aren't even logical. He did get 2013-14 mostly right. As for looking at the tax returns, it can be tricky finding the right numbers and understanding them. I've looked at the ACC 990 and its not just sitting in one place easy to find.

What the other sources say:
2011-12 SEC $20.3 million Big 12 $19.0
2012-13 SEC $20.7 million Big 12 $19.8
2013-14 SEC $20.9 million Big 12 $21.2
2014-15 SEC $31.2 million Big 12 $25.2

FWIW, the SEC numbers reported here do not include bowl money retained, which would come to about $1.5m more per school.

Every conference reports things a little differently. For example, the ACC reports official's fees paid by the conference as a distribution while the Big 12 makes schools pay a fee for it.
02-22-2016 11:50 AM
Find all posts by this user Quote this message in a reply
GTTiger Offline
Bench Warmer
*

Posts: 207
Joined: May 2013
Reputation: 21
I Root For: GT and Clemson
Location:
Post: #23
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
Let's face it...

It's the Big 2, not he Power 5.

The Big 12, Pac 12, and ACC are all scrambling to try and find ways to try and stay in the ballpark of the Big 2.

Wake me when the SEC and Big 10 are 2 conferences of 32 teams.
02-22-2016 01:22 PM
Find all posts by this user Quote this message in a reply
Maize Online
Hall of Famer
*

Posts: 21,352
Joined: Mar 2004
Reputation: 558
I Root For: Athletes First
Location:
Post: #24
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 01:22 PM)GTTiger Wrote:  Let's face it...

It's the Big 2, not he Power 5.

The Big 12, Pac 12, and ACC are all scrambling to try and find ways to try and stay in the ballpark of the Big 2.

Wake me when the SEC and Big 10 are 2 conferences of 32 teams.

Exactly...more like the "Super Power" 2...The Power 3 and then the rest
02-22-2016 02:58 PM
Find all posts by this user Quote this message in a reply
CougarRed Offline
Hall of Famer
*

Posts: 11,450
Joined: Feb 2006
Reputation: 429
I Root For: Houston
Location:
Post: #25
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 01:22 PM)GTTiger Wrote:  Let's face it...

It's the Big 2, not he Power 5.

The Big 12, Pac 12, and ACC are all scrambling to try and find ways to try and stay in the ballpark of the Big 2.

Wake me when the SEC and Big 10 are 2 conferences of 32 teams.

It's not lost on me that with $21M in Big 12 distribution, UT actually makes $36M per year. It's not hurting compared to the SEC or Big 10. It makes MORE than schools in those leagues.

That said, the rise of the SEC Network combined with the new Big 10 rights package being negotiated right now will put tremendous pressure on the other 3 leagues.

It will be interesting to see how they react.

Only the Pac 12 is insulated geographically from poaching. As a result, the most likely outcome is three super conferences of 20-24 teams each: SEC, Big 10 and Pac 12.

Oh BTW, three super conferences of 20-24 teams have more bargaining power with the networks than six power conferences of 10-12 teams. Thus the reason for the consolidation.
02-22-2016 03:36 PM
Find all posts by this user Quote this message in a reply
oliveandblue Offline
Heisman
*

Posts: 7,781
Joined: Jan 2013
Reputation: 251
I Root For: Tulane
Location:
Post: #26
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-21-2016 04:07 PM)USAFMEDIC Wrote:  After watching the Rams leave a billion dollar stadium deal in the trash in St Louis, I am convinced money rules all. Rivalries, locale, it makes no difference anymore... just money. I think the biggest earthquake ever is coming to CFB.

Agreed.

I think that the cheating that is going to take place as certain schools look to fill the final spots in their desired conferences is going to reach a brand new low. The NCAA is too scared to do anything about it, too. It's getting harder and harder to justify college football as "amateur athletics".
(This post was last modified: 02-22-2016 04:52 PM by oliveandblue.)
02-22-2016 04:51 PM
Find all posts by this user Quote this message in a reply
RutgersGuy Offline
All American
*

Posts: 3,127
Joined: Nov 2015
Reputation: 152
I Root For: Rutgers
Location:
Post: #27
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 03:36 PM)CougarRed Wrote:  
(02-22-2016 01:22 PM)GTTiger Wrote:  Let's face it...

It's the Big 2, not he Power 5.

The Big 12, Pac 12, and ACC are all scrambling to try and find ways to try and stay in the ballpark of the Big 2.

Wake me when the SEC and Big 10 are 2 conferences of 32 teams.

It's not lost on me that with $21M in Big 12 distribution, UT actually makes $36M per year. It's not hurting compared to the SEC or Big 10. It makes MORE than schools in those leagues.

That said, the rise of the SEC Network combined with the new Big 10 rights package being negotiated right now will put tremendous pressure on the other 3 leagues.

It will be interesting to see how they react.

Only the Pac 12 is insulated geographically from poaching. As a result, the most likely outcome is three super conferences of 20-24 teams each: SEC, Big 10 and Pac 12.

Oh BTW, three super conferences of 20-24 teams have more bargaining power with the networks than six power conferences of 10-12 teams. Thus the reason for the consolidation.

For now they are, until the new B1G Tv contract comes up then Rutgers, Northwestern and Purdue will be making more than Texas.
02-22-2016 05:03 PM
Find all posts by this user Quote this message in a reply
Wedge Offline
Hall of Famer
*

Posts: 19,862
Joined: May 2010
Reputation: 964
I Root For: California
Location: IV, V, VI, IX
Post: #28
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 05:03 PM)RutgersGuy Wrote:  For now they are, until the new B1G Tv contract comes up then Rutgers, Northwestern and Purdue will be making more than Texas.

TV contracts are not the only source of revenue. In 2014 Texas had over $53 million in ticket sales and over $37 million in donations. The same year, Rutgers. for example, had just over $10 million in ticket sales and about $8 million in donations. (source) It would take much more than a new Big Ten TV contract to close that gap.
02-22-2016 05:12 PM
Find all posts by this user Quote this message in a reply
Hokie Mark Offline
Hall of Famer
*

Posts: 23,851
Joined: Sep 2011
Reputation: 1414
I Root For: VT, ACC teams
Location: Greensboro, NC
Post: #29
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 02:58 PM)Maize Wrote:  
(02-22-2016 01:22 PM)GTTiger Wrote:  Let's face it...

It's the Big 2, not he Power 5.

The Big 12, Pac 12, and ACC are all scrambling to try and find ways to try and stay in the ballpark of the Big 2.

Wake me when the SEC and Big 10 are 2 conferences of 32 teams.

Exactly...more like the "Super Power" 2...The Power 3 and then the rest

So SEC = Hulk, Big Ten = Thor, Big XII = Capt. America, Pac-12 = Iron Man, and ACC = Hawkeye (or Black Widow)? Or did I get some of them wrong?
02-22-2016 05:13 PM
Visit this user's website Find all posts by this user Quote this message in a reply
Maize Online
Hall of Famer
*

Posts: 21,352
Joined: Mar 2004
Reputation: 558
I Root For: Athletes First
Location:
Post: #30
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 05:13 PM)Hokie Mark Wrote:  
(02-22-2016 02:58 PM)Maize Wrote:  
(02-22-2016 01:22 PM)GTTiger Wrote:  Let's face it...

It's the Big 2, not he Power 5.

The Big 12, Pac 12, and ACC are all scrambling to try and find ways to try and stay in the ballpark of the Big 2.

Wake me when the SEC and Big 10 are 2 conferences of 32 teams.

Exactly...more like the "Super Power" 2...The Power 3 and then the rest

So SEC = Hulk, Big Ten = Thor, Big XII = Capt. America, Pac-12 = Iron Man, and ACC = Hawkeye (or Black Widow)? Or did I get some of them wrong?

Actually I'm more of a DC guy...SEC-(Superman), B1G-(Batman), Pac 12-(Martian Manhunter), Big XII-(Flash) and the ACC-(Aquaman)...we don't get our act together we will be swimming with the fishes...03-banghead
02-22-2016 05:25 PM
Find all posts by this user Quote this message in a reply
Hokie Mark Offline
Hall of Famer
*

Posts: 23,851
Joined: Sep 2011
Reputation: 1414
I Root For: VT, ACC teams
Location: Greensboro, NC
Post: #31
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 05:25 PM)Maize Wrote:  
(02-22-2016 05:13 PM)Hokie Mark Wrote:  
(02-22-2016 02:58 PM)Maize Wrote:  
(02-22-2016 01:22 PM)GTTiger Wrote:  Let's face it...

It's the Big 2, not he Power 5.

The Big 12, Pac 12, and ACC are all scrambling to try and find ways to try and stay in the ballpark of the Big 2.

Wake me when the SEC and Big 10 are 2 conferences of 32 teams.

Exactly...more like the "Super Power" 2...The Power 3 and then the rest

So SEC = Hulk, Big Ten = Thor, Big XII = Capt. America, Pac-12 = Iron Man, and ACC = Hawkeye (or Black Widow)? Or did I get some of them wrong?

Actually I'm more of a DC guy...SEC-(Superman), B1G-(Batman), Pac 12-(Martian Manhunter), Big XII-(Flash) and the ACC-(Aquaman)...we don't get our act together we will be swimming with the fishes...03-banghead

If we're going with DC, I want the ACC to be the old Green Lantern - the test pilot dude. Air planes are cool already, but force fields you control with your mind - that's WAY cool.
02-22-2016 06:10 PM
Visit this user's website Find all posts by this user Quote this message in a reply
HuskyU Offline
Big East Overlord
*

Posts: 22,802
Joined: Jan 2014
Reputation: 1182
I Root For: UCONN
Location: The Big East
Post: #32
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
Meanwhile...the G5:

[Image: latest?cb=20131124162710]
02-22-2016 06:14 PM
Find all posts by this user Quote this message in a reply
Stay Cool Offline
The Masked Moderator
*

Posts: 8,218
Joined: Feb 2015
Reputation: 221
I Root For: NIU, tOSU, UC
Location: Dekalb, IL
Post: #33
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 06:14 PM)HuskyU Wrote:  Meanwhile...the G5:

[Image: latest?cb=20131124162710]
Inaccurate portrayal... Magikarp evolves into a badass. We're more like, oddish. A little sprout, and even if we grow and evolve we'll still be stinky =*(

Haha

Sent from my SM-G920P using Tapatalk
02-22-2016 06:29 PM
Find all posts by this user Quote this message in a reply
quo vadis Online
Legend
*

Posts: 50,229
Joined: Aug 2008
Reputation: 2440
I Root For: USF/Georgetown
Location: New Orleans
Post: #34
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 05:12 PM)Wedge Wrote:  
(02-22-2016 05:03 PM)RutgersGuy Wrote:  For now they are, until the new B1G Tv contract comes up then Rutgers, Northwestern and Purdue will be making more than Texas.

TV contracts are not the only source of revenue. In 2014 Texas had over $53 million in ticket sales and over $37 million in donations. The same year, Rutgers. for example, had just over $10 million in ticket sales and about $8 million in donations. (source) It would take much more than a new Big Ten TV contract to close that gap.

Right, but it's marginal money that will matter. Texas won't like that B1G schools are making a lot more conference media money than they are, even if they are still making more overall money.

That will make an OU - Texas split more likely. Because as the B1G and SECN rake in more dough, Texas will be even less willing than it already is to give up the LHN and its guaranteed $15m a year payout. And Oklahoma is making it more and more clear that the LHN must go so that the Big 12 can have its own network.

But it ain't going, so maybe OU will?
(This post was last modified: 02-22-2016 06:39 PM by quo vadis.)
02-22-2016 06:31 PM
Find all posts by this user Quote this message in a reply
nzmorange Offline
Heisman
*

Posts: 8,000
Joined: Sep 2012
Reputation: 279
I Root For: UAB
Location:
Post: #35
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 06:14 PM)HuskyU Wrote:  Meanwhile...the G5:

[Image: latest?cb=20131124162710]

Splash
02-22-2016 06:35 PM
Find all posts by this user Quote this message in a reply
Stay Cool Offline
The Masked Moderator
*

Posts: 8,218
Joined: Feb 2015
Reputation: 221
I Root For: NIU, tOSU, UC
Location: Dekalb, IL
Post: #36
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 06:35 PM)nzmorange Wrote:  
(02-22-2016 06:14 PM)HuskyU Wrote:  Meanwhile...the G5:

[Image: latest?cb=20131124162710]

Splash
It's not very effective

Sent from my SM-G920P using Tapatalk
02-22-2016 06:38 PM
Find all posts by this user Quote this message in a reply
UofMemphis Away
Official MT.org Ambassador of Smack
*

Posts: 48,833
Joined: Mar 2004
Reputation: 1138
I Root For: Univ of Memphis
Location: Memphis (Berclair)

Donators
Post: #37
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-21-2016 11:40 AM)Maize Wrote:  And no doubt the ACC probably faces the same issue...from the article:

The Big 12's average payout to its full-sharing members in 2014-15 was $23.3 million, which was $9.4 million less than what SEC schools received from their conference.

The latest Big 12 tax return provided Wednesday to CBS Sports reflects the growing gap between the SEC and Big Ten compared to every other major conference. Not long ago, the SEC and Big 12 provided nearly identical payouts to their schools, past tax records show.

In 2012-13, the Big 12 distributed about $20.9 million to full-sharing members compared to the SEC's $20.8 million payout. The Big 12 distributed slightly more money in 2013-14 ($21.2 million) than the SEC ($21 million). But the first year of the SEC Network and new College Football Playoff deals shows the significant difference between the SEC and Big 12. (The Big Ten's latest financial records won't be released until the spring.)

While the Big 12 had no teams in the inaugural playoff, the SEC had one that was worth $6 million to the conference. In addition, the SEC put two teams into contracted CFP bowls that provided additional revenue.

Also, the SEC Network started printing millions of dollars for the SEC -- a revenue source that the Big 12 as a whole doesn't have. Individual Big 12 schools make additional money through third-tier media rights that aren't reflected in the Big 12 tax form. For instance, Texas reportedly received about $15 million from the Longhorn Network, and Kansas got more than $6 million and Kansas State about $4 million from their third-tier rights.

Even when factoring in these rights, most Big 12 schools are seeing a growing gap with SEC schools in revenue. The SEC pools third-tier TV rights together for the SEC Network. But SEC schools still have their own multi-media rights contracts not factored into their conference payout. For instance, Kentucky gets approximately $14 million per year from JMI Sports, and Alabama receives about $15 to $16 million annually from Learfield Sports.

“We're going to do everything we can to compete,” Big 12 commissioner Bob Bowlsby said about the growing gap. “That would certainly include financially.”

The Big 12 has been exploring expansion, a football conference championship game and a TV network potential bundled together with the Longhorn Network in an effort to generate more money. But the big question is what schools are available that would substantially increase the league's television rights value. Oklahoma president David Boren, who is pushing for expansion, told The Oklahoman this week that Big 12 presidents have agreed they need to decide by this summer whether to expand, create a championship game and/or start a network.



http://www.cbssports.com/collegefootball...in-2014-15

all that says to me is that the Big 12 should just keep playing their round-robin schedule...start a champ game, get the 20 million or so that comes with it, and focus on putting teams in the playoff...that'll get that 23.3 million number up some.

plus, you can't forget those 3rd tier rights monies for the Big 12

I bet they expand...but not for several years IMHO.
(This post was last modified: 02-24-2016 08:55 AM by UofMemphis.)
02-24-2016 08:44 AM
Visit this user's website Find all posts by this user Quote this message in a reply
bullet Offline
Legend
*

Posts: 66,912
Joined: Apr 2012
Reputation: 3317
I Root For: Texas, UK, UGA
Location:
Post: #38
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-24-2016 08:44 AM)UofMemphis Wrote:  
(02-21-2016 11:40 AM)Maize Wrote:  And no doubt the ACC probably faces the same issue...from the article:

The Big 12's average payout to its full-sharing members in 2014-15 was $23.3 million, which was $9.4 million less than what SEC schools received from their conference.

The latest Big 12 tax return provided Wednesday to CBS Sports reflects the growing gap between the SEC and Big Ten compared to every other major conference. Not long ago, the SEC and Big 12 provided nearly identical payouts to their schools, past tax records show.

In 2012-13, the Big 12 distributed about $20.9 million to full-sharing members compared to the SEC's $20.8 million payout. The Big 12 distributed slightly more money in 2013-14 ($21.2 million) than the SEC ($21 million). But the first year of the SEC Network and new College Football Playoff deals shows the significant difference between the SEC and Big 12. (The Big Ten's latest financial records won't be released until the spring.)

While the Big 12 had no teams in the inaugural playoff, the SEC had one that was worth $6 million to the conference. In addition, the SEC put two teams into contracted CFP bowls that provided additional revenue.

Also, the SEC Network started printing millions of dollars for the SEC -- a revenue source that the Big 12 as a whole doesn't have. Individual Big 12 schools make additional money through third-tier media rights that aren't reflected in the Big 12 tax form. For instance, Texas reportedly received about $15 million from the Longhorn Network, and Kansas got more than $6 million and Kansas State about $4 million from their third-tier rights.

Even when factoring in these rights, most Big 12 schools are seeing a growing gap with SEC schools in revenue. The SEC pools third-tier TV rights together for the SEC Network. But SEC schools still have their own multi-media rights contracts not factored into their conference payout. For instance, Kentucky gets approximately $14 million per year from JMI Sports, and Alabama receives about $15 to $16 million annually from Learfield Sports.

“We're going to do everything we can to compete,” Big 12 commissioner Bob Bowlsby said about the growing gap. “That would certainly include financially.”

The Big 12 has been exploring expansion, a football conference championship game and a TV network potential bundled together with the Longhorn Network in an effort to generate more money. But the big question is what schools are available that would substantially increase the league's television rights value. Oklahoma president David Boren, who is pushing for expansion, told The Oklahoman this week that Big 12 presidents have agreed they need to decide by this summer whether to expand, create a championship game and/or start a network.



http://www.cbssports.com/collegefootball...in-2014-15

all that says to me is that the Big 12 should just keep playing their round-robin schedule...start a champ game, get the 20 million or so that comes with it, and focus on putting teams in the playoff...that'll get that 23.3 million number up some.

plus, you can't forget those 3rd tier rights monies for the Big 12

I bet they expand...but not for several years IMHO.

Actually its higher, $25.2. CBS isn't picking up the right numbers from the tax return.

http://sportsday.dallasnews.com/college-...one-by-sec

The Big 12 posted record revenue distribution and an increase of 14.5 percent from 2014 — and still found itself overtaken and overshadowed Friday.

Early in the day, word had leaked that the Southeastern Conference would announce monster financial numbers. It did: $31.2 million to its 14 members at $455.8 million total. The Big 12 average was $25.2 million for 10 schools.

Big 12 commissioner Bob Bowlsby conceded the SEC’s success, fueled by the start of the SEC Network last summer. Twelve months earlier, the Big 12 average share was $22 million to $20.9 for the SEC.

“I think it’s proof positive that networks are good,” Bowlsby said.

Even with the SEC Network turning into a virtual ATM for its schools, Big 12 officials say they like where they stand.

“I think we’re in a very good spot financially,” said Oklahoma State president Burns Hargis, the chairman of the conference’s board of directors. “The disparity I don’t think is near what that looks like. As long as our student athletes are getting the facilities and the academic support and the full cost of attendance dollars, I think we’ll be able to compete just fine.

“And I don’t think our fans will question that.”

Bowlsby noted the Big 12 is expected to make a similar-sized jump in revenue next year and eventually top out at about $44 million per school before its current TV contracts end in 2024-25.
02-24-2016 09:34 AM
Find all posts by this user Quote this message in a reply
Maize Online
Hall of Famer
*

Posts: 21,352
Joined: Mar 2004
Reputation: 558
I Root For: Athletes First
Location:
Post: #39
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-22-2016 06:10 PM)Hokie Mark Wrote:  
(02-22-2016 05:25 PM)Maize Wrote:  
(02-22-2016 05:13 PM)Hokie Mark Wrote:  
(02-22-2016 02:58 PM)Maize Wrote:  
(02-22-2016 01:22 PM)GTTiger Wrote:  Let's face it...

It's the Big 2, not he Power 5.

The Big 12, Pac 12, and ACC are all scrambling to try and find ways to try and stay in the ballpark of the Big 2.

Wake me when the SEC and Big 10 are 2 conferences of 32 teams.

Exactly...more like the "Super Power" 2...The Power 3 and then the rest

So SEC = Hulk, Big Ten = Thor, Big XII = Capt. America, Pac-12 = Iron Man, and ACC = Hawkeye (or Black Widow)? Or did I get some of them wrong?

Actually I'm more of a DC guy...SEC-(Superman), B1G-(Batman), Pac 12-(Martian Manhunter), Big XII-(Flash) and the ACC-(Aquaman)...we don't get our act together we will be swimming with the fishes...03-banghead

If we're going with DC, I want the ACC to be the old Green Lantern - the test pilot dude. Air planes are cool already, but force fields you control with your mind - that's WAY cool.

Lol....more of a John Stewart Green Lantern fan for the ACC...04-cheers
02-24-2016 09:58 AM
Find all posts by this user Quote this message in a reply
Insane_Baboon Offline
1st String
*

Posts: 1,669
Joined: Feb 2014
Reputation: 52
I Root For: VT & UCF
Location:
Post: #40
RE: CBS: Big XII Payout was $9.4 Million per school less than the SEC...
(02-24-2016 09:34 AM)bullet Wrote:  
(02-24-2016 08:44 AM)UofMemphis Wrote:  
(02-21-2016 11:40 AM)Maize Wrote:  And no doubt the ACC probably faces the same issue...from the article:

The Big 12's average payout to its full-sharing members in 2014-15 was $23.3 million, which was $9.4 million less than what SEC schools received from their conference.

The latest Big 12 tax return provided Wednesday to CBS Sports reflects the growing gap between the SEC and Big Ten compared to every other major conference. Not long ago, the SEC and Big 12 provided nearly identical payouts to their schools, past tax records show.

In 2012-13, the Big 12 distributed about $20.9 million to full-sharing members compared to the SEC's $20.8 million payout. The Big 12 distributed slightly more money in 2013-14 ($21.2 million) than the SEC ($21 million). But the first year of the SEC Network and new College Football Playoff deals shows the significant difference between the SEC and Big 12. (The Big Ten's latest financial records won't be released until the spring.)

While the Big 12 had no teams in the inaugural playoff, the SEC had one that was worth $6 million to the conference. In addition, the SEC put two teams into contracted CFP bowls that provided additional revenue.

Also, the SEC Network started printing millions of dollars for the SEC -- a revenue source that the Big 12 as a whole doesn't have. Individual Big 12 schools make additional money through third-tier media rights that aren't reflected in the Big 12 tax form. For instance, Texas reportedly received about $15 million from the Longhorn Network, and Kansas got more than $6 million and Kansas State about $4 million from their third-tier rights.

Even when factoring in these rights, most Big 12 schools are seeing a growing gap with SEC schools in revenue. The SEC pools third-tier TV rights together for the SEC Network. But SEC schools still have their own multi-media rights contracts not factored into their conference payout. For instance, Kentucky gets approximately $14 million per year from JMI Sports, and Alabama receives about $15 to $16 million annually from Learfield Sports.

“We're going to do everything we can to compete,” Big 12 commissioner Bob Bowlsby said about the growing gap. “That would certainly include financially.”

The Big 12 has been exploring expansion, a football conference championship game and a TV network potential bundled together with the Longhorn Network in an effort to generate more money. But the big question is what schools are available that would substantially increase the league's television rights value. Oklahoma president David Boren, who is pushing for expansion, told The Oklahoman this week that Big 12 presidents have agreed they need to decide by this summer whether to expand, create a championship game and/or start a network.



http://www.cbssports.com/collegefootball...in-2014-15

all that says to me is that the Big 12 should just keep playing their round-robin schedule...start a champ game, get the 20 million or so that comes with it, and focus on putting teams in the playoff...that'll get that 23.3 million number up some.

plus, you can't forget those 3rd tier rights monies for the Big 12

I bet they expand...but not for several years IMHO.

Actually its higher, $25.2. CBS isn't picking up the right numbers from the tax return.

http://sportsday.dallasnews.com/college-...one-by-sec

The Big 12 posted record revenue distribution and an increase of 14.5 percent from 2014 — and still found itself overtaken and overshadowed Friday.

Early in the day, word had leaked that the Southeastern Conference would announce monster financial numbers. It did: $31.2 million to its 14 members at $455.8 million total. The Big 12 average was $25.2 million for 10 schools.

Big 12 commissioner Bob Bowlsby conceded the SEC’s success, fueled by the start of the SEC Network last summer. Twelve months earlier, the Big 12 average share was $22 million to $20.9 for the SEC.

“I think it’s proof positive that networks are good,” Bowlsby said.

Even with the SEC Network turning into a virtual ATM for its schools, Big 12 officials say they like where they stand.

“I think we’re in a very good spot financially,” said Oklahoma State president Burns Hargis, the chairman of the conference’s board of directors. “The disparity I don’t think is near what that looks like. As long as our student athletes are getting the facilities and the academic support and the full cost of attendance dollars, I think we’ll be able to compete just fine.

“And I don’t think our fans will question that.”

Bowlsby noted the Big 12 is expected to make a similar-sized jump in revenue next year and eventually top out at about $44 million per school before its current TV contracts end in 2024-25.
That's not really an apples to apples comparison though is it?

I'm assuming the $25.2M doesn't include tier 3 revenue for the Big12.
02-24-2016 10:03 AM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2024 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2024 MyBB Group.