Someone_Else
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Updated G5 revenue Sept 2022
Conference USA posted their revenue ending June 2021. With the first full year of Covid, their revenue decreased nearly $3.5M from the previous year. The Sunbelt conference finally updated their forms to end in June 2020. Their TV revenue went down from $3.92M in 2019 to $2.25M in 2020.
(This post was last modified: 09-23-2022 07:36 PM by Someone_Else.)
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07-26-2022 09:07 PM |
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Cubanbull1
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RE: Updated G5 revenue
AAC doing well in that comparison
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07-26-2022 09:26 PM |
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mtmedlin
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RE: Updated G5 revenue
Sunbelt just extended their deal and updated it with the new additions. Numbers havent been released yet, so we shall see what they got.
With "some" saying they are moving up as a conference and will compete with the AAC and MWC, I am really interested to see what the market has set their price at.
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07-27-2022 09:17 AM |
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Cubanbull1
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RE: Updated G5 revenue
(07-27-2022 09:17 AM)mtmedlin Wrote: Sunbelt just extended their deal and updated it with the new additions. Numbers havent been released yet, so we shall see what they got.
With "some" saying they are moving up as a conference and will compete with the AAC and MWC, I am really interested to see what the market has set their price at.
By those numbers it’s a big difference between any of them annAAC, doubt Sun Belt can even bypassMWC
(This post was last modified: 07-27-2022 09:23 AM by Cubanbull1.)
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07-27-2022 09:21 AM |
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Side.Show.Joe
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RE: Updated G5 revenue
(07-27-2022 09:17 AM)mtmedlin Wrote: Sunbelt just extended their deal and updated it with the new additions. Numbers havent been released yet, so we shall see what they got.
With "some" saying they are moving up as a conference and will compete with the AAC and MWC, I am really interested to see what the market has set their price at.
"Some" meaning Sun Belt fans. Their conference will always have a ceiling due to their membership profile. If they get more than $2million per school I'll be shocked.
(This post was last modified: 07-27-2022 12:26 PM by Side.Show.Joe.)
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07-27-2022 12:23 PM |
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mtmedlin
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RE: Updated G5 revenue
(07-27-2022 12:23 PM)Side.Show.Joe Wrote: (07-27-2022 09:17 AM)mtmedlin Wrote: Sunbelt just extended their deal and updated it with the new additions. Numbers havent been released yet, so we shall see what they got.
With "some" saying they are moving up as a conference and will compete with the AAC and MWC, I am really interested to see what the market has set their price at.
"Some" meaning Sun Belt fans. Their conference will always have a ceiling due to their membership profile. If they get more than $2million per school I'll be shocked.
Its more than just that. National pundits have started to create this "rising" for the SunBelt. There was plenty of comments out there from "names" and alot of it had to do with the strength of a few schools. Coastal and App state I believe were both ranked.
ESPN was hyping it up some too. I agree that it wont be above $2 million. What will be interesting is if it is either considerably higher or lower. It seems the contracts for the biggest conferences grew massively, then the next tier isnt getting anywhere as much, which might signal that the future is bleak.
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07-27-2022 01:19 PM |
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slhNavy91
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RE: Updated G5 revenue
As noted, the numbers depicted show a big difference between the AAC and the other four.
And those numbers don't even reflect the AAC's new primary media rights deal. (The jump from 2018-2019 to 2019-2020 media revenue does include a reported $20 million advance "signing bonus.")
The AAC's 2020-2021 Form 990 isn't publically reported yet, but the media revenue has been - $52.16 million for the first year of the twelve-year deal. That was also the COVID-affected football season, and the AAC did not deliver full inventory to ESPN+.
CFP was also reduced in COVID 2020-2021 -- SBJ reported $77 million shared between the non-contract-bowl conferences, which probably works out to
AAC $22.6 million
mwc $15.4 million
Sun Belt $14.1 million
MAC $13 million
CUSA $11.8 million
Those numbers are consistent with previous analysis of the AAC distributions deducing CFP revenue and roughly with the CUSA "CFP" entry.
What about the Sun Belt? That $2.25 million media revenue in 2019-2020 is still very much a lagging indicator. SBJ reporting and financials from a single school (Louisiana if I remember correctly) have them most recently around $1.3 million per school or $13 million for the ten-team conference, having already started the announced in 2019 increase to 15 linear spots for football on the ESPN family.
Assume adding four teams came with a pro rata increase - that would be $18.2 million media for the conference.
Sun Belt media days announced that they would (again) increase their linear timeslots, without specific numbers. It stands to reason that increasing overall inventory could also increase ESPN's willingness to add linear timeslots proportionally, by 40-50%. That would give the Sun Belt just over half of the AAC's linear exposure on ESPN networks. Good for them, and I suppose that is "rising" but it is still just over half as good as the AAC before getting into ABC vs ESPN, and ABC/ESPN/ESPN2 vs ESPNU slots.
Would ESPN increase payout also? Seems to me that is giving the Sun Belt TWO contract improvements for the addition, but what if the money increased 40-50% also? That would put them around $25 million for the conference -- again, HALF of the AAC's. Despite "rising" the Sun Belt is still significantly behind the AAC legacy eight and still short of the AAC newbies' half-shares. The Sun Belt announcement said the deal still runs through 2031.
The mwc are also prior deal. The mwc current contract is about $45 million. They will have another new deal before either the AAC or Sun Belt. They could still get hit by trickle-down realignment. IF they don't and IF they double their former money, or even get 1.5 times the present deal not yet reflected in the released figures, the mwc will still be behind the AAC overall. Maybe a little ahead of the AAC newbies' smaller shares, but behind overall and behind the legacy eight.
(This post was last modified: 07-27-2022 07:28 PM by slhNavy91.)
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07-27-2022 04:53 PM |
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Someone_Else
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RE: Updated G5 revenue
(07-27-2022 04:53 PM)slhNavy91 Wrote: As noted, the numbers depicted show a big difference between the AAC and the other four.
And those numbers don't even reflect the AAC's new primary media rights deal. (The jump from 2018-2019 to 2019-2020 media revenue does include a reported $20 million advance "signing bonus.")
The AAC's 2020-2021 Form 990 isn't publically reported yet, but the media revenue has been - $52.16 million for the first year of the twelve-year deal. That was also the COVID-affected football season, and the AAC did not deliver full inventory to ESPN+.
CFP was also reduced in COVID 2020-2021 -- SBJ reported $77 million shared between the non-contract-bowl conferences, which probably works out to
AAC $22.6 million
mwc $15.4 million
Sun Belt $14.1 million
MAC $13 million
CUSA $11.8 million
Those numbers are consistent with previous analysis of the AAC distributions deducing CFP revenue and roughly with the CUSA "CFP" entry.
What about the Sun Belt? That $2.25 million media revenue in 2019-2020 is still very much a lagging indicator. SBJ reporting and financials from a single school (Louisiana if I remember correctly) have them most recently around $1.3 million per school or $13 million for the ten-team conference, having already started the announced in 2019 increase to 15 linear spots for football on the ESPN family.
Assume adding four teams came with a pro rata increase - that would be $18.2 million media for the conference.
Sun Belt media days announced that they would (again) increase their linear timeslots, without specific numbers. It stands to reason that increasing overall inventory could also increase ESPN's willingness to add linear timeslots proportionally, by 40-50%. That would give the Sun Belt just over half of the AAC's linear exposure on ESPN networks. Good for them, and I suppose that is "rising" but it is still just over half as good as the AAC before getting into ABC vs ESPN, and ABC/ESPN/ESPN2 vs ESPNU slots.
Would ESPN increase payout also? Seems to me that is giving the Sun Belt TWO contract improvements for the addition, but what if the money increased 40-50% also? That would put them around $25 million for the conference -- again, HALF of the AAC's. Despite "rising" the Sun Belt is still significantly behind the AAC legacy eight and still short of the AAC newbies' half-shares. The Sun Belt announcement said the deal still runs through 2031.
The mwc are also prior deal. The mwc current contract is about $45 million. They will have another new deal before either the AAC or Sun Belt. They could still get hit by trickle-down realignment. IF they don't and IF they double their former money, or even get 1.5 times the present deal not yet reflected in the released figures, the mwc will still be behind the AAC overall. Maybe a little ahead of the AAC newbies' smaller shares, but behind overall and behind the legacy eight.
You are mixing conference distribution with their media revenue. According to The Advertiser "Sun Belt Conference distributions rose from $1.149 million to $1.561 million". Distributions would include all conference revenue sources minus expenses. This was for the year ending in June of 2021.
https://www.theadvertiser.com/story/spor...290189002/
(This post was last modified: 07-27-2022 08:02 PM by Someone_Else.)
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07-27-2022 08:00 PM |
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Monarch Pride
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RE: Updated G5 revenue
(07-27-2022 04:53 PM)slhNavy91 Wrote: As noted, the numbers depicted show a big difference between the AAC and the other four.
And those numbers don't even reflect the AAC's new primary media rights deal. (The jump from 2018-2019 to 2019-2020 media revenue does include a reported $20 million advance "signing bonus.")
The AAC's 2020-2021 Form 990 isn't publically reported yet, but the media revenue has been - $52.16 million for the first year of the twelve-year deal. That was also the COVID-affected football season, and the AAC did not deliver full inventory to ESPN+.
CFP was also reduced in COVID 2020-2021 -- SBJ reported $77 million shared between the non-contract-bowl conferences, which probably works out to
AAC $22.6 million
mwc $15.4 million
Sun Belt $14.1 million
MAC $13 million
CUSA $11.8 million
Those numbers are consistent with previous analysis of the AAC distributions deducing CFP revenue and roughly with the CUSA "CFP" entry.
What about the Sun Belt? That $2.25 million media revenue in 2019-2020 is still very much a lagging indicator. SBJ reporting and financials from a single school (Louisiana if I remember correctly) have them most recently around $1.3 million per school or $13 million for the ten-team conference, having already started the announced in 2019 increase to 15 linear spots for football on the ESPN family.
Assume adding four teams came with a pro rata increase - that would be $18.2 million media for the conference.
Sun Belt media days announced that they would (again) increase their linear timeslots, without specific numbers. It stands to reason that increasing overall inventory could also increase ESPN's willingness to add linear timeslots proportionally, by 40-50%. That would give the Sun Belt just over half of the AAC's linear exposure on ESPN networks. Good for them, and I suppose that is "rising" but it is still just over half as good as the AAC before getting into ABC vs ESPN, and ABC/ESPN/ESPN2 vs ESPNU slots.
Would ESPN increase payout also? Seems to me that is giving the Sun Belt TWO contract improvements for the addition, but what if the money increased 40-50% also? That would put them around $25 million for the conference -- again, HALF of the AAC's. Despite "rising" the Sun Belt is still significantly behind the AAC legacy eight and still short of the AAC newbies' half-shares. The Sun Belt announcement said the deal still runs through 2031.
The mwc are also prior deal. The mwc current contract is about $45 million. They will have another new deal before either the AAC or Sun Belt. They could still get hit by trickle-down realignment. IF they don't and IF they double their former money, or even get 1.5 times the present deal not yet reflected in the released figures, the mwc will still be behind the AAC overall. Maybe a little ahead of the AAC newbies' smaller shares, but behind overall and behind the legacy eight.
The market and economics are still very fluid wouldn’t you say? Like any market, certain stocks are rising while others are declining. The AAC’s value is certainly changing as it loses Houston and Cincy, while adding CUSA teams to fill the void after being rebuffed by more desirable teams out west. I’m not sure a second fiddle choice will eventually be very appealing to ESPN or any other major sports network. Are you following sailor what the next ten years most likely hold?
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07-27-2022 08:40 PM |
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Cubanbull1
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RE: Updated G5 revenue
(07-27-2022 08:40 PM)Monarch Pride Wrote: (07-27-2022 04:53 PM)slhNavy91 Wrote: As noted, the numbers depicted show a big difference between the AAC and the other four.
And those numbers don't even reflect the AAC's new primary media rights deal. (The jump from 2018-2019 to 2019-2020 media revenue does include a reported $20 million advance "signing bonus.")
The AAC's 2020-2021 Form 990 isn't publically reported yet, but the media revenue has been - $52.16 million for the first year of the twelve-year deal. That was also the COVID-affected football season, and the AAC did not deliver full inventory to ESPN+.
CFP was also reduced in COVID 2020-2021 -- SBJ reported $77 million shared between the non-contract-bowl conferences, which probably works out to
AAC $22.6 million
mwc $15.4 million
Sun Belt $14.1 million
MAC $13 million
CUSA $11.8 million
Those numbers are consistent with previous analysis of the AAC distributions deducing CFP revenue and roughly with the CUSA "CFP" entry.
What about the Sun Belt? That $2.25 million media revenue in 2019-2020 is still very much a lagging indicator. SBJ reporting and financials from a single school (Louisiana if I remember correctly) have them most recently around $1.3 million per school or $13 million for the ten-team conference, having already started the announced in 2019 increase to 15 linear spots for football on the ESPN family.
Assume adding four teams came with a pro rata increase - that would be $18.2 million media for the conference.
Sun Belt media days announced that they would (again) increase their linear timeslots, without specific numbers. It stands to reason that increasing overall inventory could also increase ESPN's willingness to add linear timeslots proportionally, by 40-50%. That would give the Sun Belt just over half of the AAC's linear exposure on ESPN networks. Good for them, and I suppose that is "rising" but it is still just over half as good as the AAC before getting into ABC vs ESPN, and ABC/ESPN/ESPN2 vs ESPNU slots.
Would ESPN increase payout also? Seems to me that is giving the Sun Belt TWO contract improvements for the addition, but what if the money increased 40-50% also? That would put them around $25 million for the conference -- again, HALF of the AAC's. Despite "rising" the Sun Belt is still significantly behind the AAC legacy eight and still short of the AAC newbies' half-shares. The Sun Belt announcement said the deal still runs through 2031.
The mwc are also prior deal. The mwc current contract is about $45 million. They will have another new deal before either the AAC or Sun Belt. They could still get hit by trickle-down realignment. IF they don't and IF they double their former money, or even get 1.5 times the present deal not yet reflected in the released figures, the mwc will still be behind the AAC overall. Maybe a little ahead of the AAC newbies' smaller shares, but behind overall and behind the legacy eight.
The market and economics are still very fluid wouldn’t you say? Like any market, certain stocks are rising while others are declining. The AAC’s value is certainly changing as it loses Houston and Cincy, while adding CUSA teams to fill the void after being rebuffed by more desirable teams out west. I’m not sure a second fiddle choice will eventually be very appealing to ESPN or any other major sports network. Are you following sailor what the next ten years most likely hold?
That’s the best you can do when the facts show the truth?
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07-27-2022 08:54 PM |
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slhNavy91
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RE: Updated G5 revenue
(07-27-2022 08:00 PM)Someone_Else Wrote: (07-27-2022 04:53 PM)slhNavy91 Wrote: As noted, the numbers depicted show a big difference between the AAC and the other four.
And those numbers don't even reflect the AAC's new primary media rights deal. (The jump from 2018-2019 to 2019-2020 media revenue does include a reported $20 million advance "signing bonus.")
The AAC's 2020-2021 Form 990 isn't publically reported yet, but the media revenue has been - $52.16 million for the first year of the twelve-year deal. That was also the COVID-affected football season, and the AAC did not deliver full inventory to ESPN+.
CFP was also reduced in COVID 2020-2021 -- SBJ reported $77 million shared between the non-contract-bowl conferences, which probably works out to
AAC $22.6 million
mwc $15.4 million
Sun Belt $14.1 million
MAC $13 million
CUSA $11.8 million
Those numbers are consistent with previous analysis of the AAC distributions deducing CFP revenue and roughly with the CUSA "CFP" entry.
What about the Sun Belt? That $2.25 million media revenue in 2019-2020 is still very much a lagging indicator. SBJ reporting and financials from a single school (Louisiana if I remember correctly) have them most recently around $1.3 million per school or $13 million for the ten-team conference, having already started the announced in 2019 increase to 15 linear spots for football on the ESPN family.
Assume adding four teams came with a pro rata increase - that would be $18.2 million media for the conference.
Sun Belt media days announced that they would (again) increase their linear timeslots, without specific numbers. It stands to reason that increasing overall inventory could also increase ESPN's willingness to add linear timeslots proportionally, by 40-50%. That would give the Sun Belt just over half of the AAC's linear exposure on ESPN networks. Good for them, and I suppose that is "rising" but it is still just over half as good as the AAC before getting into ABC vs ESPN, and ABC/ESPN/ESPN2 vs ESPNU slots.
Would ESPN increase payout also? Seems to me that is giving the Sun Belt TWO contract improvements for the addition, but what if the money increased 40-50% also? That would put them around $25 million for the conference -- again, HALF of the AAC's. Despite "rising" the Sun Belt is still significantly behind the AAC legacy eight and still short of the AAC newbies' half-shares. The Sun Belt announcement said the deal still runs through 2031.
The mwc are also prior deal. The mwc current contract is about $45 million. They will have another new deal before either the AAC or Sun Belt. They could still get hit by trickle-down realignment. IF they don't and IF they double their former money, or even get 1.5 times the present deal not yet reflected in the released figures, the mwc will still be behind the AAC overall. Maybe a little ahead of the AAC newbies' smaller shares, but behind overall and behind the legacy eight.
You are mixing conference distribution with their media revenue. According to The Advertiser "Sun Belt Conference distributions rose from $1.149 million to $1.561 million". Distributions would include all conference revenue sources minus expenses. This was for the year ending in June of 2021.
https://www.theadvertiser.com/story/spor...290189002/
Thanks for the link but I don't mix up media revenue, total revenue, and conference distributions.
There's a thread on the silly scenarios board with screen shot of ULL 2020-2021 financials, "media revenue" on one line at $1,253,265 and another line of additional "conference distributions (non media and non bowl)" - which matches up with CFP and a little more, and a third line for conference bowl distributions. In fact, the "Conference distributions (non-media and non-bowl) amount is $1,560,936 -- that is what the article is referencing. And when you read it, that is a context of "this line item was one of the increases that helped trim the deficit" not "this is what the conference distributed in total."
https://csnbbs.com/thread-948877-post-18...id18276302 pg 15 of his linked document.
In the meantime, I still have the very reliable John Ourand of Sports Business Journal specifying, "Sun Belt schools receive a disbursement of about $1.2 million each from the conference’s media rights."
https://www.sportsbusinessjournal.com/SB...02/15.aspx
(This post was last modified: 07-27-2022 10:23 PM by slhNavy91.)
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07-27-2022 09:09 PM |
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Monarch Pride
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RE: Updated G5 revenue
(07-27-2022 08:54 PM)Cubanbull1 Wrote: (07-27-2022 08:40 PM)Monarch Pride Wrote: (07-27-2022 04:53 PM)slhNavy91 Wrote: As noted, the numbers depicted show a big difference between the AAC and the other four.
And those numbers don't even reflect the AAC's new primary media rights deal. (The jump from 2018-2019 to 2019-2020 media revenue does include a reported $20 million advance "signing bonus.")
The AAC's 2020-2021 Form 990 isn't publically reported yet, but the media revenue has been - $52.16 million for the first year of the twelve-year deal. That was also the COVID-affected football season, and the AAC did not deliver full inventory to ESPN+.
CFP was also reduced in COVID 2020-2021 -- SBJ reported $77 million shared between the non-contract-bowl conferences, which probably works out to
AAC $22.6 million
mwc $15.4 million
Sun Belt $14.1 million
MAC $13 million
CUSA $11.8 million
Those numbers are consistent with previous analysis of the AAC distributions deducing CFP revenue and roughly with the CUSA "CFP" entry.
What about the Sun Belt? That $2.25 million media revenue in 2019-2020 is still very much a lagging indicator. SBJ reporting and financials from a single school (Louisiana if I remember correctly) have them most recently around $1.3 million per school or $13 million for the ten-team conference, having already started the announced in 2019 increase to 15 linear spots for football on the ESPN family.
Assume adding four teams came with a pro rata increase - that would be $18.2 million media for the conference.
Sun Belt media days announced that they would (again) increase their linear timeslots, without specific numbers. It stands to reason that increasing overall inventory could also increase ESPN's willingness to add linear timeslots proportionally, by 40-50%. That would give the Sun Belt just over half of the AAC's linear exposure on ESPN networks. Good for them, and I suppose that is "rising" but it is still just over half as good as the AAC before getting into ABC vs ESPN, and ABC/ESPN/ESPN2 vs ESPNU slots.
Would ESPN increase payout also? Seems to me that is giving the Sun Belt TWO contract improvements for the addition, but what if the money increased 40-50% also? That would put them around $25 million for the conference -- again, HALF of the AAC's. Despite "rising" the Sun Belt is still significantly behind the AAC legacy eight and still short of the AAC newbies' half-shares. The Sun Belt announcement said the deal still runs through 2031.
The mwc are also prior deal. The mwc current contract is about $45 million. They will have another new deal before either the AAC or Sun Belt. They could still get hit by trickle-down realignment. IF they don't and IF they double their former money, or even get 1.5 times the present deal not yet reflected in the released figures, the mwc will still be behind the AAC overall. Maybe a little ahead of the AAC newbies' smaller shares, but behind overall and behind the legacy eight.
The market and economics are still very fluid wouldn’t you say? Like any market, certain stocks are rising while others are declining. The AAC’s value is certainly changing as it loses Houston and Cincy, while adding CUSA teams to fill the void after being rebuffed by more desirable teams out west. I’m not sure a second fiddle choice will eventually be very appealing to ESPN or any other major sports network. Are you following sailor what the next ten years most likely hold?
That’s the best you can do when the facts show the truth?
Care to explain? You don’t understand or foresee the market dynamics and the shifts that are occurring? I’m guessing you don’t understand much if you don’t see what is on the horizon. But let me spell it out for you. The remaining premium schools in the AAC are going to leave (SMU, Memphis) and then you are going to be left with CUSA table scraps when it’s time to renegotiate your contract - with no leverage. Any of that resonate? If not, explain the flaw in my logic. Or is all you have?
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07-27-2022 09:13 PM |
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Cubanbull1
Heisman
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I Root For: USF
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RE: Updated G5 revenue
(07-27-2022 09:13 PM)Monarch Pride Wrote: (07-27-2022 08:54 PM)Cubanbull1 Wrote: (07-27-2022 08:40 PM)Monarch Pride Wrote: (07-27-2022 04:53 PM)slhNavy91 Wrote: As noted, the numbers depicted show a big difference between the AAC and the other four.
And those numbers don't even reflect the AAC's new primary media rights deal. (The jump from 2018-2019 to 2019-2020 media revenue does include a reported $20 million advance "signing bonus.")
The AAC's 2020-2021 Form 990 isn't publically reported yet, but the media revenue has been - $52.16 million for the first year of the twelve-year deal. That was also the COVID-affected football season, and the AAC did not deliver full inventory to ESPN+.
CFP was also reduced in COVID 2020-2021 -- SBJ reported $77 million shared between the non-contract-bowl conferences, which probably works out to
AAC $22.6 million
mwc $15.4 million
Sun Belt $14.1 million
MAC $13 million
CUSA $11.8 million
Those numbers are consistent with previous analysis of the AAC distributions deducing CFP revenue and roughly with the CUSA "CFP" entry.
What about the Sun Belt? That $2.25 million media revenue in 2019-2020 is still very much a lagging indicator. SBJ reporting and financials from a single school (Louisiana if I remember correctly) have them most recently around $1.3 million per school or $13 million for the ten-team conference, having already started the announced in 2019 increase to 15 linear spots for football on the ESPN family.
Assume adding four teams came with a pro rata increase - that would be $18.2 million media for the conference.
Sun Belt media days announced that they would (again) increase their linear timeslots, without specific numbers. It stands to reason that increasing overall inventory could also increase ESPN's willingness to add linear timeslots proportionally, by 40-50%. That would give the Sun Belt just over half of the AAC's linear exposure on ESPN networks. Good for them, and I suppose that is "rising" but it is still just over half as good as the AAC before getting into ABC vs ESPN, and ABC/ESPN/ESPN2 vs ESPNU slots.
Would ESPN increase payout also? Seems to me that is giving the Sun Belt TWO contract improvements for the addition, but what if the money increased 40-50% also? That would put them around $25 million for the conference -- again, HALF of the AAC's. Despite "rising" the Sun Belt is still significantly behind the AAC legacy eight and still short of the AAC newbies' half-shares. The Sun Belt announcement said the deal still runs through 2031.
The mwc are also prior deal. The mwc current contract is about $45 million. They will have another new deal before either the AAC or Sun Belt. They could still get hit by trickle-down realignment. IF they don't and IF they double their former money, or even get 1.5 times the present deal not yet reflected in the released figures, the mwc will still be behind the AAC overall. Maybe a little ahead of the AAC newbies' smaller shares, but behind overall and behind the legacy eight.
The market and economics are still very fluid wouldn’t you say? Like any market, certain stocks are rising while others are declining. The AAC’s value is certainly changing as it loses Houston and Cincy, while adding CUSA teams to fill the void after being rebuffed by more desirable teams out west. I’m not sure a second fiddle choice will eventually be very appealing to ESPN or any other major sports network. Are you following sailor what the next ten years most likely hold?
That’s the best you can do when the facts show the truth?
Care to explain? You don’t understand or foresee the market dynamics and the shifts that are occurring? I’m guessing you don’t understand much if you don’t see what is on the horizon. But let me spell it out for you. The remaining premium schools in the AAC are going to leave (SMU, Memphis) and then you are going to be left with CUSA table scraps when it’s time to renegotiate your contract - with no leverage. Any of that resonate? If not, explain the flaw in my logic. Or is all you have?
Ok come back and tell us all about it when it happens, until then you have nothing to stand on.
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07-27-2022 09:15 PM |
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Monarch Pride
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RE: Updated G5 revenue
(07-27-2022 09:15 PM)Cubanbull1 Wrote: (07-27-2022 09:13 PM)Monarch Pride Wrote: (07-27-2022 08:54 PM)Cubanbull1 Wrote: (07-27-2022 08:40 PM)Monarch Pride Wrote: (07-27-2022 04:53 PM)slhNavy91 Wrote: As noted, the numbers depicted show a big difference between the AAC and the other four.
And those numbers don't even reflect the AAC's new primary media rights deal. (The jump from 2018-2019 to 2019-2020 media revenue does include a reported $20 million advance "signing bonus.")
The AAC's 2020-2021 Form 990 isn't publically reported yet, but the media revenue has been - $52.16 million for the first year of the twelve-year deal. That was also the COVID-affected football season, and the AAC did not deliver full inventory to ESPN+.
CFP was also reduced in COVID 2020-2021 -- SBJ reported $77 million shared between the non-contract-bowl conferences, which probably works out to
AAC $22.6 million
mwc $15.4 million
Sun Belt $14.1 million
MAC $13 million
CUSA $11.8 million
Those numbers are consistent with previous analysis of the AAC distributions deducing CFP revenue and roughly with the CUSA "CFP" entry.
What about the Sun Belt? That $2.25 million media revenue in 2019-2020 is still very much a lagging indicator. SBJ reporting and financials from a single school (Louisiana if I remember correctly) have them most recently around $1.3 million per school or $13 million for the ten-team conference, having already started the announced in 2019 increase to 15 linear spots for football on the ESPN family.
Assume adding four teams came with a pro rata increase - that would be $18.2 million media for the conference.
Sun Belt media days announced that they would (again) increase their linear timeslots, without specific numbers. It stands to reason that increasing overall inventory could also increase ESPN's willingness to add linear timeslots proportionally, by 40-50%. That would give the Sun Belt just over half of the AAC's linear exposure on ESPN networks. Good for them, and I suppose that is "rising" but it is still just over half as good as the AAC before getting into ABC vs ESPN, and ABC/ESPN/ESPN2 vs ESPNU slots.
Would ESPN increase payout also? Seems to me that is giving the Sun Belt TWO contract improvements for the addition, but what if the money increased 40-50% also? That would put them around $25 million for the conference -- again, HALF of the AAC's. Despite "rising" the Sun Belt is still significantly behind the AAC legacy eight and still short of the AAC newbies' half-shares. The Sun Belt announcement said the deal still runs through 2031.
The mwc are also prior deal. The mwc current contract is about $45 million. They will have another new deal before either the AAC or Sun Belt. They could still get hit by trickle-down realignment. IF they don't and IF they double their former money, or even get 1.5 times the present deal not yet reflected in the released figures, the mwc will still be behind the AAC overall. Maybe a little ahead of the AAC newbies' smaller shares, but behind overall and behind the legacy eight.
The market and economics are still very fluid wouldn’t you say? Like any market, certain stocks are rising while others are declining. The AAC’s value is certainly changing as it loses Houston and Cincy, while adding CUSA teams to fill the void after being rebuffed by more desirable teams out west. I’m not sure a second fiddle choice will eventually be very appealing to ESPN or any other major sports network. Are you following sailor what the next ten years most likely hold?
That’s the best you can do when the facts show the truth?
Care to explain? You don’t understand or foresee the market dynamics and the shifts that are occurring? I’m guessing you don’t understand much if you don’t see what is on the horizon. But let me spell it out for you. The remaining premium schools in the AAC are going to leave (SMU, Memphis) and then you are going to be left with CUSA table scraps when it’s time to renegotiate your contract - with no leverage. Any of that resonate? If not, explain the flaw in my logic. Or is all you have?
Ok come back and tell us all about it when it happens, until then you have nothing to stand on.
You’re clearly an intellectual giant
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07-27-2022 09:22 PM |
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Cubanbull1
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07-27-2022 09:23 PM |
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Side.Show.Joe
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RE: Updated G5 revenue
(07-27-2022 01:19 PM)mtmedlin Wrote: (07-27-2022 12:23 PM)Side.Show.Joe Wrote: (07-27-2022 09:17 AM)mtmedlin Wrote: Sunbelt just extended their deal and updated it with the new additions. Numbers havent been released yet, so we shall see what they got.
With "some" saying they are moving up as a conference and will compete with the AAC and MWC, I am really interested to see what the market has set their price at.
"Some" meaning Sun Belt fans. Their conference will always have a ceiling due to their membership profile. If they get more than $2million per school I'll be shocked.
Its more than just that. National pundits have started to create this "rising" for the SunBelt. There was plenty of comments out there from "names" and alot of it had to do with the strength of a few schools. Coastal and App state I believe were both ranked.
ESPN was hyping it up some too. I agree that it wont be above $2 million. What will be interesting is if it is either considerably higher or lower. It seems the contracts for the biggest conferences grew massively, then the next tier isnt getting anywhere as much, which might signal that the future is bleak.
The Sun Belt got second pick from the C-USA programs. Sure in that regard they have moved up a little. But that's not the same as moving up to the level of the AAC or even the MWC.
Sure App State, ULL, and Coastal have had some fine years. But it wasn't too long ago Troy was rolling too. Then they lost their coach. Most of the SB programs just can't afford to keep their good coaches. Chadwell's only making $900K at Coastal. If they keep winning, he won't be staying there. He's too good.
The Sun Belt programs' inability to retain their good coaches is the entire reason UNT basketball is final good again. Arkansas State had McCasland and we bought out his contract for $500K. That Arkansas State program is still recovering from the loss. Until their universities fund their athletic departments at a higher level, they will continue to be a farm league for the better G5 conferences like the AAC and MWC.
Have they improved their position? Sure, but not by much.
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07-27-2022 09:24 PM |
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Monarch Pride
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07-27-2022 09:27 PM |
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Cubanbull1
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07-27-2022 09:28 PM |
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Monarch Pride
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07-27-2022 09:29 PM |
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Cubanbull1
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07-27-2022 09:32 PM |
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