(05-13-2020 05:42 PM)CliftonAve Wrote: (05-13-2020 05:29 PM)GTFletch Wrote: The bottom line for UCONN
An extremely approximated breakdown of what to expect over the next few years, both in a Big East reality and a hypothetical situation where UConn stayed in the AAC. This does not take into account a potential bump in attendance:
UCONN/Big East:
Value of Big East deal with FOX: $4.2 million per year, per team
Value of current deal with SNY: About $1 million per year
Expected value of football deal with CBSSports & SNY: About $1 million per year (with two "look ins'/ extensions after first four years)
Potential football buy game: $1 million per year
Bowl game payout: $310,000, based on 2019
Men’s Basketball Fund: $1.6 million
AAC exit fee: $1 million per year, after 2020
Production costs: Zero
TOTAL: $8.1 million
AAC:
Value of new AAC deal: About $7 million per year, per team
Bowl Game Payout: $2.05 million per team in 2019
Men’s Basketball Fund: $725,000
ESPN+ Production costs: About $1 million per year
Additional travel: About $2 million per year
TOTAL: $6.75 million
Congrats to Uconn for being smart!
Link
https://connecticut.rivals.com/news/fina...e-big-east
Creative math.
You think UConn is the only program taking buy games? It is not going to cost AAC schools $1M/yr for ESPN+ production. The Sun Belt has games on ESPN+ as of last year and it cost them nowhere near that. Moreover, most of the AAC schools already had much better setups already than the SBC schools.
Also, you forgot to include the $14M UConn paid for the AAC to leave in your analysis.
Creative indeed.
SNY may be paying $1M for third tier - that is, WBB - but Fox owns those rights, not UConn.
The CBSSN deal was reported as seven figures over four years, not seven figures per year. Halve that million.
For precision, UConn's guesstimate of $2M per year travel savings for non revenue sports should be in their column, not the AAC's.
As CliftonAve points out, sane estimates of AAC ESPN+ production costs are $300k.
Also he's right about buy games. AAC teams could do the same, and for example, UConn booked Clemson as an AAC member
You list CFP payments, but omit the $500k per team per year from the AAC's other bowls. (And we can keep it at '19 figures without adjusting for that $24M CFP divided eleven ways, instead of twelve, for the sake of argument - it will vary for NY6 bowl and performance anyway)
With those adjustments, I get
UConn $7.4M
AAC $9.91M
Basically, the difference is CFP and other bowl money.
Increased MBB, WBB ticket sales and donations could very well make it break even. I wish UConn luck in that.
And none of that changes that this was almost certainly the right strategic move for UConn. That will still be true without fudging numbers.