(03-27-2013 08:36 AM)CincyBro Wrote: Heard XU Prez say their deal would max at 2.5 for a period of years, at best we will get 2 million from both networks. Unbelievable.
Four recognizable names play each other a max of (3+2+1=6)x2=12 times.
Six recognizable names play each other a max of (5+4+3+2+1=15)x2=30 times.
And market value depends on who is bidding and what they need. Fox Sports
needed Winter inventory, they already have lots of fall inventory. So they would rather pay just for a stock of recognizable BB games than pay for a bunch of mid-major FB games that they don't have programming slots for. And they HAD to offer enough to get the C7 to jump ship. They couldn't lowball the bid, they had to bid a fair price for the media rights.
That left NBC Sports making a lowball bid to the Big TBA on inventory it didn't critically need but could profit from at the right price, and since it was a lowball bid, and they were the only counter-bidder, ESPN only had to match their lowball bid.
Quote: Now we should make substantial money from leftover bb credits, selling BE name rights,Etc. These, I assume, are only good if we stay long enough to collect them.
The "purchase of the BE name" was basically in kind ~ the C7 did a quit of all claims in return for assigning the name, assigning the MSG deal, a small bit of cash and an agreement to forward the tournament credits earned by C7 schools to the New Big East. And the assigning the MSG deal was not a major deal, since the MSG had an out clause anyway, which they would likely have exercised on the Big TBA.
But that means that most of exit fees actually banked as well as any still outstanding would be available to pay out, once they decide on what basis to pay them out.
For the BB credits, perhaps ~ but the legacy BB credits expire over time, so they are on a downward track. The 17 FB school appearances in 2009 are still paying out, for instance, but in another couple of years, they'll be finished. Just on games played to date, the exiting FB schools will have generated (ball park estimates, taking $0.15m/appearance/year, treats credits as paid at end of school year & still have teams playing with credits to add to the bank):
2013: $17.25m
2014: $14.75m
2015: $10.5m
2016: $7.75m
2017; $4.5m
2018: $1.75m
If the Big TBA were to be a four bid, two second round conference, then (treating Sweet 16 and Final Four appearances as windfalls), that's a steady state income of about $9m, with about $1.5m being added each year.
And you'd have to know what the conference bonus to the school making the appearance is to know how that would add to the conference payout. In the ACC, its all for one, one for all ~ in the A-10, its 3/4 to the school appearing, 1/4 to the conference pool. I wouldn't be surprised if the current argument inside the Big TBA is settled at 50:50 unit split, with the legacy school's 50% share divided between those who were in the conference when the units were earned.
A 50/50 share would push the conference payout above $3m in the early years, but of course to keep it there, the Big TBA would have to win NCAA bids and then proceed to win some games.
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New TV deal for soon-to-be-renamed Big East
