(11-03-2025 06:16 PM)OneSockUp Wrote: (11-02-2025 05:08 PM)bryanw1995 Wrote: 6 schools and no Clemson? Clemson is the most SEC-like of the bunch, they'd fit like a glove in the SEC or be a nice shot in the arm for the B1G. Clemson requires no changes whatsoever to be a worthy P2 addition. Duke, UVA and GT all require the P2 to significantly change our criteria for additions and run the risk of costing all existing members millions in perpetuity in lost potential revenues. Not impossible ofc, but also not likely imo.
I was using the schools that JR suggested in his post for the SEC. I used FSU rather than Clemson for the SEC because I needed to pick one. I just wanted to demonstrate the inherent problem with trying to keep a competitor out of your market.
Thinking about it, though, Georgia Tech and Miami both seem to fit more into the B1G than Clemson. Much easier travel into Miami and Atlanta than rural SC and better academics to boot.
And all of this is back to my original point -- none of it makes sense for the SEC.
One last time politely.
The point is not to take all possible schools of interest. The point is to take the profitable schools of interest to discourage the Big Ten's interest.
If ESPN moves North Carolina, Duke, Virginia and Florida State to the SEC it removes two of the largest 3 states outside of Florida from the Big Ten. They aren't inviting N.C. State and Virginia Tech. They lose the 3 academic jewels they hoped to have a shot at gaining, and Florida State gives the SEC and through the SEC, ESPN control of the Florida market with what on paper looks like 77% of the college sports viewers in the state, though in reality there is some overlap so at least a clear majority.
Outside of Notre Dame that also includes 3 of the top 4 valued schools possible for SEC/Big Ten expansion, Virginia being the only one not in the top 5. Miami on a good year carries about 19% of the Florida college sports market. As a DMA it delivers about 6.5 million potential viewers. That would likely be worth it to the Big 10, and they do have an international airport so that add is conceivable. The point is the SEC has only a little presence in that market anyway, which they wouldn't lose. The SEC would be gaining control of Florida and if the Big Ten took Miami the SEC wouldn't be losing anything they already had. ESPN maintains their top ad rates for the state.
That would leave AAU Georgia Tech which controls about 46% of the Atlanta DMA while Georgia controls 52% of it and Alabama, Auburn, South Carolina and Tennessee combine for about another 2%. The Atlanta DMA is 6.2 million potential viewers, but Ga Tech controls only about 3 million of those. Could the Big Ten find enough value in 3 million to do it? They don't look at Kansas because they only represent 3 million. I don't see it. But maybe. If the Big Ten took Miami and Ga Tech at least both have international air hubs. It's easy to get in and out of both. Miami's valuation is lower than that of Georgia Tech, but Miami carries a higher % of their 6 million plus population. If they added both the SEC loses nothing. They still hold the majority of viewers in Georgia and Florida.
With the deal the SEC picks up 21 million combined potential viewers in Virginia and North Carolina, and the important part is that the ACC doesn't lose them toward their ACCN network count and the SECN picks them up and ESPN makes 50% of the NET profits from each. Why is that important? The math and profit work together there.
It is assumed the SEC's media payouts will be between 72 to 75 million next year. So, for the sake of argument let's call that 72 million. The ACC's media payouts this year were between 42-45 million depending on tourney creds and bowl shares. Therefore, if we just call it 30 million more for the move to the SEC for each school, we are looking at a total overhead cost of 120 million to ESPN. The average ACC/SEC school makes around 10 million in profit from the conference Network give or take a million. If Virginia and North Carolina and Duke are added to the SEC, the ACCN loses nothing and the SECN gets subscription rates for those two states which are charged to the subscriber. ESPN double dips two states of 21 million combined population. They pick up 30 million on subscriptions. The cost of the move is down to 90 million. If they replace those 4 schools that moved with West Virginia, Tulane, South Florida, and Connecticut, they add 3 states to their carriage. If they sub another Texas school for WVU or UConn, they get a bigger slice of Texas than just DFW for SMU. ESPN picks up more revenue and if they pay those schools half shares to start for the ACC.
There is no 450 million or whatever Trojan claimed for added overhead to ESPN. They keep a viable ACC, with Notre Dame, who gets a scheduling agreement with the SEC, they keep FOX from gaining ad leverage in any their holdings from Virginia South through Kentucky into Missouri and down through DFW to the Mexico border.
If they pick up Kansas for the ACC, they add another blueblood for hoops and they clean the board of their objectives. Sub Kansas for UConn, and substitute Baylor or Houston for West Virginia, pick up Tulane and South Florida and that's a pretty nice conference. I would suspect two of those would enter for full shares and two for half.
Why do this? It's the cheapest way of protecting ESPN's revenue model, protecting the SEC's control over the region and its financial model which grows with the addition of North Carolina and Virginia as states in its footprint, and it doesn't really deplete the ACC if they add the right 4 schools.
A 100 million to secure it all is cheap. And ESPN is picking up inventory to sell. Adding major value multiplication to SEC basketball and picking up more solid viewership games with FSU playing an SEC schedule.