johnbragg
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RE: TV industry analyst: ACC additions worth more than BE deal 2014
(02-10-2012 04:37 AM)IceJus10 Wrote: (02-09-2012 11:11 AM)WVMntneer Wrote: The most incompetent Commissioner in Big East history made the decisive blunder that rejected that deal...they were holding out for TCU to renegotiate, but TCU backed out and now, WVU, PITT and Syracuse with them. The Big East is sunk and should be renamed CUSA East.
The members voted the exclusive early-renewal ESPN television contract down -- it lost 12-4! If you Google it, you can find a lot of the details about it:
ESPN only offered $910-million (nearly a billion dollars) over 9-years
Do you have a link for that number?
And you have the story of the vote wrong.
http://www.sportsbusinessdaily.com/Journ...-Fees.aspx
"Presidents from Georgetown, Notre Dame, Rutgers and Seton Hall voted against the deal, sources said. Others, including Pittsburgh and West Virginia, also were vocal skeptics of the deal, preferring to wait and see what the open market would bring once ESPN’s deals ended, following the 2013-14 football season. Still, the presidents voted 12-4 to accept its broad outlines.
Four weeks later, just a week after a record-breaking deal for the Pac-10’s media rights was announced, theBig East’s presidents met again. Not surprisingly, they needed only 15 minutes to reach a unanimous decision to reject ESPN’s offer."
Quote:That really was a low ball offer, but what was claimed as worse was... 1) it didn't compensate for Conference growth/expansion, 2) devalued Big East basketball, 3) didn't guarantee all Big East Tourney games to be showed on TV as is current, 4) eliminated the $20-million a year Tier 2 CBS contract (a working partnership they've had since 1979 and would have likely gone up based on market price and BB success).
Link on these details?
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02-10-2012 06:01 AM |
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