JRsec
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RE: Protect College Sports Act
(10-28-2026 05:05 PM)bryanw1995 Wrote: (10-28-2026 04:11 PM)Ned Low Wrote: (10-28-2026 03:19 PM)Wahoowa84 Wrote: (10-23-2026 08:53 AM)TerryD Wrote: (10-23-2026 08:12 AM)Frank the Tank Wrote: There’s not necessarily a rule on independents pooling media rights. It’s more about the marketplace and what’s the most lucrative option for the greatest number of schools, which is why independents eventually evaporated down to Notre Dame (by choice) and UConn (sort of forced into it if it wanted Big East basketball. The old College Football Association did pool the rights of independents (among others) before. Notre Dame makes more than the ACC schools, but even as a school with arguably the most nationalized fan base, it still makes less than the average Big Ten school. You can set up the greatest schedule ever, but if you’re independent, you’re still only selling the rights to *your* home games.
That’s why I’ve never bought true Notre Dame-style independence as a viable threat: if ND can’t make more than an aggregated Big Ten and SEC package, then realistically no one can. This makes sense with basic economics: the fewer sellers selling a product on a marketplace gives those sellers more pricing power. The Big Ten as an aggregate has more pricing power than if the 18 members went out and individually sold their media rights, to the point where the additional value of that aggregation is so overwhelming that Purdue makes more media money than Notre Dame down the road. That’s why antitrust law exists in the first place: it’s a basic truism that concentrating sellers into one entity drives up prices.
The Super League is what has always been the real threat. Even Ohio State and Alabama can’t really expect much different than Notre Dame-level rights fees (as the generally better schedules that Ohio State and Alabama have are tied to them being in the Big Ten and SEC). 20 of the top brands getting together and forming a league, on the other hand, *is* a massive revenue generator compared to being a member of the Big Ten or SEC.
Now, if the top 20 brands all decide to go independent and then all happen to play each other, then that’s a de facto Super League. Whether all 20 of those schools are prevented from pooling their media rights together in a way that wouldn’t be the case if they formed a conference is a grey area, although from a pure media rights standpoint, it’s a distinction without a difference.
The main issues with being a confederation of independents as opposed to an actual conference may be less about media rights and more about governance. Independence is great because there are no rules for me, but that also means that there are no rules for thee. Look at the litigation that the SEC and LSU are still going through - even Texas and Alabama don’t want to be playing against an LSU team that has certain types of players. We kind of give short shrift the governance piece a lot, but much like mergers and acquisitions, there are economics of scale and direct enforcement mechanism when there is a coordinated and concentrated group that are signed onto same by-laws that is simply impossible when that same group is subject to just a strict business arrangement for media rights.
I think the governance piece is underrated by a lot of fans. It’s something that is necessary and all schools want (or at least say that they want) but everyone hates doing it. That’s a large reason why the NCAA itself still exists. The Big Ten and SEC could theoretically just separate from the NCAA and create their own governance structure (and that has been suggested many times on this forum), but that require recreating all of the governance and administrative functions that the NCAA had before… and that both SUCKS in practice and, quite importantly, costs a lot of money to implement. Even the wealthiest conferences don’t want to be spending their money on hiring more governance and administrative officials - that’s exactly what they want to outsource.
Circling back, it’s another reason why the CFA - which did aggregate the media rights of many then-independents - ultimately went away. It was a pure media contract. That was all that bound those schools together. In essence, the schools were “dating” each other, but none of them were “married” to each other in the way that they would be in a conference or even under the NCAA. Now, we can say that a conference today is really just a reflection of its media contract, but there are still a lot more obligations when you sign onto the by-laws of an entity that go far beyond a media deal where you are really married to that organization legally. 16 independents can’t do a thing about LSU whereas the SEC with 16 members can actually do quite a bit to LSU.
Maximizing income in capitalism actually *does* require rule of law. Anarchy can temporarily make a few people more money, but ultimately it depresses the economy overall because stability of income requires, well, stability or at least working from certain rules. Asking independents to get together and agree on certain things but try to avoid being a conference is sort of attempting to have “coordinated anarchy” and that is an oxymoron at it’s core where it is very difficult to last beyond a temporary period (see the CFA era for college football). That’s more psychological than it is legal or even financial. Heck, to circle it back, the whole reason why Notre Dame is still independent is *psychological* (how it sees its identity) than it is financial.
Can we list TV/conference payouts for each to compare, instead of blanket statements about revenue?
I will start. ND gets:
$50 million a year from NBC
$18 million a year from the ACC.
So, around $68 million a year in TV/conference revenue, not total revenue.
ND made $289 million in total revenue last year, ranking #3 in the country.
ND was #1 in total football revenues.
What does the average Big Ten school make in TV revenue?
Total average revenue?
The SEC?
ACC?
Big 12?
Anyone have all of the numbers?
Conference distributions are never exactly apples-to-apples comparisons. At a high level, conferences touted their average per member distributions to legacy/full-time members in FY2024-25 as:
B1G - $80M (excludes Oregon & Washington which get partial shares)
SEC - $72M (excludes Texas & Oklahoma which received media distribution directly from ESPN)
ACC - $47M (excludes Cal, Stanford, SMU & Notre Dame which receive partial shares)
B12 - $40M (excludes BYU, Cincy, Houston & UCF which were still receiving partial shares via their old media contract)
Thanks for posting this.
Looking at these numbers and taking the CFP expansion into consideration, I think that it's certainly possible neither P2 expands and as a result, the M2 stay intact.
If that happens, all of the realignment will happen at the G level... and there could be a lot of it.
Feels like there's too much smoke coming out of certain ACC schools to have ZERO P2 moves on the horizon, but I do think that they'll be limited to 2-4, regardless of whether the PCSA passes or not.
Interesting to note the Big 12, even though it was last in the P4 and only half of the B1G, was 3x that of the top earners in the American and more like 4-5x on average the highest of the g conferences. There's obviously a sizeable gap between #1 and #4 on the list, but that gap between 4 and 5 is ENORMOUS. It's likely to stay about the same, perhaps even grow over time, whereas the gap amongst the P4 is likely to remain relatively constant.
Looking at most recent info, Big 12 is looking like $710m for this year, with the American at $127m last year and $137m 2 year average.
$710m/$137m = 5.18x factor, and the Big 12 revenues are skyrocketing while American revenues were down significantly year over year. Even assuming that the American stabilizes, which seems likely, that's still worse than a 5x factor right now. And, again, that's vs the lowest revenue conference in the P4.
Fear is a powerful motivator. And for state flagship AAU programs to think that their conference home will be seen as second tier is motivation enough, especially in the coming enrollment decline where visibility of your school to prospective students is essential. It's about a helluva lot more than football, or even blueblood hoops. So there is fear of falling further behind financially in athletics, the fear of losing appeal to prospective students, the fear of being thought of as second tier to what any peer universities will be enjoying, and the fear of angering alumni all indicate moves.
Now back to the numbers if you prorate out what the Big Ten would have made if every school had gotten an equal share the difference in media revenue shrinks to about 3 to 4 million. Not having to travel as much as the Big Ten pretty well levels that out.
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