(02-08-2012 03:45 PM)RobUCF Wrote: This article seems to contradict itself.
First, he states that the deal won't be worth more that the $1 - $2 million per year per team that Pitt and Syracuse for ACC members. So, the max would be 14 teams x $2 million = $28 million.
Later in the article he states "The Big East-to-West TV carrier(s) may pay a lot more than $35 million, but it/they won’t overpay."
So, it's less than $28 million but may be alot more than $35 million?
Two things. First, the author Dennis Dodd isn't saying that Big East football is going to be worth less than Syracuse and Pitt in the ACC, "One industry analyst who texted [DD]" said that.
Second, you're undercounting the bump. According to SBJ, the existing ACC members should get a $1-2M bump (from $13M). Say $1.5M, times 12 is $18M. Then add Syracuse and Pitt's shares, 2 x $14.5=$29. So SportsBusinessJournal.com is valuing Syracuse and Pitt to the ACC at $18M + $29M = $47M.
ESPN is supposed to be paying BYU $1-2M per home game. Call ESPN's rate for a national cable game $2M per. Looking just at the Big East league games, how many games would ESPN/2/U actually show? Figure 8 Boise State games, and then it's hard to count more than 8 games that merit bumping their weakest SEC or ACC game (all of which they already own) to ESPN3. Go ahead and try it yourself--pretend you're the Big East's salesman and list the high-value games.
The Big East football package could easily come in at $32M plus whatever they can scrape up from selling the games to regional sports networks. Rutgers and UConn will do pretty well there, since there are multiple possible bidders (SNY, MSG, YES, WOR for Rutgers, NESN for UConn) and they are the only college football properties in their markets. The rest, I think, are facing single-bidder markets unless local TV stations get involved. Louisville might be the best of the rest, since they are No. 1 in their market, but that market's not big. USF and Houston will have some value from the size of their markets, but they're overshadowed. Cincinatti, UCF, Memphis and San Diego State are overshadowed AND in small markets. Navy isn't popular enough nationally to merit national cable coverage, and isn't concentrated enough anywhere to pull much local TV money.
So Big East football could easily be worth less than the $47M that SportsBusinessJournal is valuing Syracuse and Pitt to the ACC at.