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+---- Thread: PAC 12 will negotiate new rights deal sooner than later (/thread-845605.html)
PAC 12 will negotiate new rights deal sooner than later - AllTideUp - 03-14-2018 01:34 PM
Mercury News talking about PAC 12's deal that expires in 2024.
And according to Larry Scott, the likes of Facebook, Google, and Amazon will be in on the game by then.
Quote:But Scott continues to believe that new media players (Amazon, Google, Facebook, etc) could be actively involved in the live-sports space by then, thereby increasing competition and driving up rights fees.
Remember what pushed the Pac-12’s Tier One deal into the $3 billion range?
It wasn’t ESPN or Fox. No, no, no.
It was Comcast, which jumped headfirst into the live-sports space at the turn of the decade and made an offer that prompted the ESPN-Fox collaboration at a steeper valuation than either entity was willing to pay alone.
Four years from now, the Pac-12 will need another Comcast.
Also, there are a couple of major sports rights deals that will happen between now and then:
Quote:Moreover, there are three important signposts between now and the fall of 2022:
* Major League Baseball’s current TV deals are up in 2021.
* The NFL’s rights expire in 2022.
* The Big Ten’s deal, signed recently and covering just six years, expires in the spring of 2023.
I'm particularly interested in what happens with the MLB because it's a league that has somewhat waned in popularity. I think they'll provide an interesting test of where sports rights are in general for leagues...like the PAC 12...that might not have the strongest organic support.
RE: PAC 12 will negotiate new rights deal sooner than later - JRsec - 03-14-2018 02:16 PM
(03-14-2018 01:34 PM)AllTideUp Wrote: Mercury News talking about PAC 12's deal that expires in 2024.
And according to Larry Scott, the likes of Facebook, Google, and Amazon will be in on the game by then.
Quote:But Scott continues to believe that new media players (Amazon, Google, Facebook, etc) could be actively involved in the live-sports space by then, thereby increasing competition and driving up rights fees.
Remember what pushed the Pac-12’s Tier One deal into the $3 billion range?
It wasn’t ESPN or Fox. No, no, no.
It was Comcast, which jumped headfirst into the live-sports space at the turn of the decade and made an offer that prompted the ESPN-Fox collaboration at a steeper valuation than either entity was willing to pay alone.
Four years from now, the Pac-12 will need another Comcast.
Also, there are a couple of major sports rights deals that will happen between now and then:
Quote:Moreover, there are three important signposts between now and the fall of 2022:
* Major League Baseball’s current TV deals are up in 2021.
* The NFL’s rights expire in 2022.
* The Big Ten’s deal, signed recently and covering just six years, expires in the spring of 2023.
I'm particularly interested in what happens with the MLB because it's a league that has somewhat waned in popularity. I think they'll provide an interesting test of where sports rights are in general for leagues...like the PAC 12...that might not have the strongest organic support.
Also in that article it states that the PAC is handcuffed until their deal expires. And remember the SEC's T1 is up for bid in 2022 and renews in 2023.