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Big 12 deal with ESPN
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P5PACSEC Offline
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Post: #61
RE: Big 12 deal with ESPN
(04-10-2019 06:44 PM)Bull Wrote:  
(04-10-2019 09:03 AM)quo vadis Wrote:  
(04-10-2019 09:02 AM)zoocrew Wrote:  Big 12 fans who said the AAC was screwed because no one was paying for ESPN+ and being on ESPN+ proved the AAC was G5 changing their tune in......3.......2......1

The AAC is G5 because officially, they ARE in the G5, and because unofficially, their money is far, far closer to G5 than P5.

This Big 12 deal changes none of that.

03-lmfao You don't get to decide that... numbers don't like. The AAC (now) lies clearly BETWEEN the P5 and the G4 'clusters'.

I'm still trying to figure out what Big 12 "fans" said that hurt the feelings of a Pitt fan on this site?

He obviously loves the AAC.
04-10-2019 09:20 PM
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Cyniclone Offline
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Post: #62
RE: Big 12 deal with ESPN
(04-10-2019 09:52 AM)RutgersGuy Wrote:  
(04-10-2019 09:09 AM)CliftonAve Wrote:  Meh...

Bottom line ESPN is setting it up so that every college football fan is going to have to get ESPN+. Doesn't matter if you are a G5 go or not.

And college basketball, gonna be a lot more college bball on ESPN+.

Setting the stage for the G5s to get sent to ESPN+2
04-10-2019 09:22 PM
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P5PACSEC Offline
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Post: #63
RE: Big 12 deal with ESPN
(04-10-2019 06:06 PM)Frog in the Kitchen Sink Wrote:  As a TCU fan I got to see nearly all of our football and basketball games with my default TV package that has ESPn/2/U/FS1. The difference with the Big 12 is that with only 10 teams a very small percentage of games are actually tier three. One home football game and a handful of basketball games. I’ll probably sign up for ESPN+ (Probably should because of my fantasy baseball addiction anyway) and maybe enjoy more minor sports content. But unless their is a change in percentage of tier 1/2 content, conference action in football and basketball will not be on ESPN+, with rare exceptions.

Well said. I hope you can corral the college station fan who attends/graduated from TCU. The same person who craps all over the Big 12.
04-10-2019 09:25 PM
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Post: #64
RE: Big 12 deal with ESPN
(04-10-2019 08:29 PM)Fighting Muskie Wrote:  The Other 8 deserve better than this.

the other 8 have complete control of the conference if they choose to they chose not to

it was already reported that Fox was offering in the high teens for the game

https://www.sportsbusinessdaily.com/Jour...ig-12.aspx

and reported that the Big 12 wanted more and that past games paid about $25 million (one would assume ESPN is paying that amount for the there they already have as well)

what the link for this thread states is that the Big 12 now will be averaging about $22 million per year over their 13 year deal

https://www.sportsbusinessdaily.com/Dail...ig-12.aspx

When this agreement is added to the current media-rights deal that still has six years to run, the conference will average $22M per year

the deal when it was new was $13 years for $2.6 billion or $200 million a year for a $20 million per year average (with that scaling though not scaling linear)

the deal was for 13 years ending in 2024-25 so it started on 2012-13

in 2018-19 (this year)(if the deal scaled linear) the Big 12 would be hitting the $20 million a year mark and from there things would grow

so (again if linear) the Big 12 would have started at $14 million, hit $20 million in the mid years and finished out at $26 in the last year, but really some years have larger and smaller increases, but it averages about $1 million per year per team

with this new deal the way the announcement reads if ESPN is paying $40 million and there are 6 years left and this deal added to their current deal will make the Big 12 average $22 million per year well

10 teams, 13 years, $200 million a year on average or an average of $20 million per year per team for a total of $2.6 billion

now it is 10 teams, 13 years, with an average of $22 million per team for a total of $220 million per year on average or a total of $2.86 billion

or a difference of $260 million.....well if the deal is said to be $40 million for 6 years that is $240 million or just shy of the money needed to get the big 12 to average $22 million over their 13 year deal

so you have $240 million in new money.....now it was reported that Fox offered int he high teens (we will call that $19 million to make this the least beneficial to the Big 12 as possible) so that means the Big 12 turned down $19 million X 3 or $57 million

so you take $57 million away from that $240 and you get $183 million in "new money" or about $3.05 million per team per year

we do not know if this payment replaces the ESPN deal for the three games they already own @ about $25 million a year or not, but to make this less favorable for the Big 12 lets say it does

so you chop off another $75 million from the "new money" so $183 - $75 = $108 million or $10.8 million per team over 6 years or $1.8 million per year per team in new money over 6 years

this does replace the "3rd tier" for the teams, but OU and Texas at this point (not sure what happens with KU as they had multiple deals including with ESPN), but most of those Big 12 3rd tier deals were not lasting until 2024-25 they were for shorter periods of time

so what "those 8 teams" are getting if you want to break down the numbers is they are getting $25 million per year for the three CCGs that Fox turned down and they are getting $1.8 million per year for their 3rd tier to be placed on ESPN+

which most people on this forum argued that all but OU and Texas (and sometimes KU) were getting pretty much nothing for anyway, but that Jon Wilner (the PAC 12 writer) has said most teams were getting $1 to $2 million for).....most of those deals were with Fox regionals and those channels are not in the postion to be making any deals on anything right now so "those 8 teams" may well have been looking at no 3rd tier rights at least for some of them

so doing the numbers like that "those 8 teams" are getting about the same for their 3rd tier deals as before and they are able to have the CCG on ESPN or ABC and get $25 million for it

if you go back to the valuation of the CCG from Fox at "the high teens" as the above link stated then "those 8 teams" are getting a better deal because you can say they are getting more for their 3rd tier

now if this deal is strictly for the three CCGs that ESPN is buying that Foc turned down and it does not include the three remaining CCGs that ESPN already owns then this deal becomes a very good deal for "those 8 teams"

but we will probably never really know unless someone like Wilner reports it that actually does the work to get real numbers and do the math.....we can also look at the growth of future Big 12 payouts that were set to hit about $20 million for just TV money (exclusive of any football playoff or Sugar or other bowl money) and see if there is a meaningful bump especially relative to prior years, but we will not know that for a couple of years

but even if you are going with "those 8 teams" getting $1.8 million a year for their 3rd tier that is not a terrible deal for them considering the disposition fo the Fox regionals now and considering a valuation of the three former Fox CCGs at $25 million

or since the AAC talk crept in......."those 8 teams" are getting $1.8 million a year for some content to be on ESPN+ while the AAC will be getting $7 million for everything.....so "those 8 teams" in the Big 12 are getting over 25% of the money for ESPN+ content that the AAC teams are getting for everything.....that almost makes "those 8 teams" P5+ because they are getting P5 money and then G5 money for 3rd tier content on ESPN+
04-10-2019 09:51 PM
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UTEPDallas Offline
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Post: #65
RE: Big 12 deal with ESPN
(04-10-2019 08:56 AM)zoocrew Wrote:  
(04-10-2019 08:48 AM)bullet Wrote:  
(04-10-2019 08:43 AM)stever20 Wrote:  Just saw it
https://www.sportsbusinessdaily.com/Dail...ig-12.aspx

covers
2019,2021,2023 conference championship football games
from all schools but Texas and Oklahoma- games that aren't on linear TV will be on ESPN+- to include spring game, and at least 1 football game.

Big 12 is screwed, they agreed to put stuff on ESPN+

ESPN+ becomes the de facto Big 12 network.

"...Eight of the 10 schools will provide more than 50 exclusive events per year, including at least one football game, any spring football game and any basketball game that is not on an ESPN linear network. Texas, which has Longhorn Network, and Oklahoma, which has its own local rights deal, will not provide content to ESPN+.

Starting in '19, Baylor, Kansas, Kansas State and Oklahoma State will provide games for ESPN+. The following year, Iowa State, TCU, West Virginia and Texas Tech will participate...."

You’re not a power league if your “defacto network” is ESPN+ LMAO you’re the AAC.

Goodnight Big 12

If I was a Pitt fan, I’d be praying everyday the ACCN starts delivering fast otherwise ACC schools with real options will be knocking on the B1G and SEC’s door. Pitt would be left out in that scenario since the B1G already has the most important school in Pennsylvania and you don’t fit the SEC profile.

Suddenly the Big XII wouldn’t look that bad but I’m sure they’d get the better leftovers once the B1G and SEC are done. The ACC with AAC replacements, the ones you seem to like a lot will be your new conference mates. Be careful what you wish for.
04-10-2019 09:58 PM
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zoocrew Offline
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Post: #66
RE: Big 12 deal with ESPN
(04-10-2019 09:58 PM)UTEPDallas Wrote:  
(04-10-2019 08:56 AM)zoocrew Wrote:  
(04-10-2019 08:48 AM)bullet Wrote:  
(04-10-2019 08:43 AM)stever20 Wrote:  Just saw it
https://www.sportsbusinessdaily.com/Dail...ig-12.aspx

covers
2019,2021,2023 conference championship football games
from all schools but Texas and Oklahoma- games that aren't on linear TV will be on ESPN+- to include spring game, and at least 1 football game.

Big 12 is screwed, they agreed to put stuff on ESPN+

ESPN+ becomes the de facto Big 12 network.

"...Eight of the 10 schools will provide more than 50 exclusive events per year, including at least one football game, any spring football game and any basketball game that is not on an ESPN linear network. Texas, which has Longhorn Network, and Oklahoma, which has its own local rights deal, will not provide content to ESPN+.

Starting in '19, Baylor, Kansas, Kansas State and Oklahoma State will provide games for ESPN+. The following year, Iowa State, TCU, West Virginia and Texas Tech will participate...."

You’re not a power league if your “defacto network” is ESPN+ LMAO you’re the AAC.

Goodnight Big 12

If I was a Pitt fan, I’d be praying everyday the ACCN starts delivering fast otherwise ACC schools with real options will be knocking on the B1G and SEC’s door. Pitt would be left out in that scenario since the B1G already has the most important school in Pennsylvania and you don’t fit the SEC profile.

Suddenly the Big XII wouldn’t look that bad but I’m sure they’d get the better leftovers once the B1G and SEC are done. The ACC with AAC replacements, the ones you seem to like a lot will be your new conference mates. Be careful what you wish for.

“Be careful what you wish for”

You think I’m wishing for the ACC to collapse?

Put down the crack pipe my dude.
04-10-2019 10:22 PM
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Dr. Isaly von Yinzer Offline
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Post: #67
RE: Big 12 deal with ESPN
This is incredibly dumb. Are we really still living in the fantasy world where the ACC is in trouble?

Really? Do any of you people have the Internet?

Remember when that was a thing a few years ago? The Big 12 or the SEC or the Big Ten or the AFC Central or the NFC South was going to steal all of the ACC’s best teams and they were doomed! DOOMED, I tell ye!

It was Fantasy Island stuff that had no real relationship with reality and it makes even less sense now that the league is winning all of these football and men’s basketball national championships and has a GOR signed through what, 2035?

It’s over, guys. Let it go. By all accounts, it would appear that Pitt had the option to join the Big 12 or the ACC and it looks to me like they chose very wisely.

The ACC boasts the champions of the two major sports and is about to hit rich with their own dedicated conference television network. That means they are likely to get better and better and better. Meanwhile, in the Big 12, they are perpetually holding their breath and looking over their collective shoulders waiting to see what the hell Texas and Oklahoma are going to do?
(This post was last modified: 04-10-2019 10:35 PM by Dr. Isaly von Yinzer.)
04-10-2019 10:31 PM
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zoocrew Offline
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Post: #68
RE: Big 12 deal with ESPN
(04-10-2019 10:31 PM)Dr. Isaly von Yinzer Wrote:  This is incredibly dumb. Are we really still living in the fantasy world where the ACC is in trouble?

Really? Do any of you people have the Internet?

Remember when that was a thing a few years ago? The Big 12 or the SEC or the Big Ten or the AFC Central or the NFC South was going to steal all of the ACC’s best teams and they were doomed! DOOMED, I tell ye!

It was Fantasy Island stuff that had no real relationship with reality and it makes even less sense now that the league is winning all of these football and men’s basketball national championships and has a GOR signed through what, 2035?

It’s over, guys. Let it go. By all accounts, it would appear that Pitt had the option to join the Big 12 or the ACC and it looks to me like they chose very wisely.

The ACC boasts the champions of the two major sports and is about to hit rich with their own dedicated conference television network. That means they are likely to get better and better and better. Meanwhile, in the Big 12, they are perpetually holding their breath and looking over their collective shoulders waiting to see what the hell Texas and Oklahoma are going to do?

But those Texas genius’s said.....

Man it’s gonna suck when our conference collapses soon because our GOR only extends to 2036.

In fact every P5 is just dying to find a way to get out of their terribly unstable conference to get to the almighty Big 12 where 2 teams get every advantage in the book to try to keep the conference relevant.

Man you guys are so right that sounds fantastic, all aboard the P1 Big 12 so we can put our games on ESPN+ with georgia Southern!
(This post was last modified: 04-10-2019 10:42 PM by zoocrew.)
04-10-2019 10:40 PM
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Frank the Tank Offline
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Post: #69
RE: Big 12 deal with ESPN
(04-10-2019 01:59 PM)TodgeRodge Wrote:  ESPN+ sucks mainly because ESPN sucks at streaming, but also because the cost Vs content delivered is way out of line

it is ESPN/Disney thinking they can slow roll people into moving over to streaming and still pay way too much for the sum total of mostly crap that ESPN and Disney produce

I actually think ESPN+ is a pretty good deal for what it is. I’m a huge Big Ten guy and I have no desire to buy the BTN Plus streaming package that costs $10 per month for just access to your own school’s “3rd tier” games (a small handful of non-conference men’s basketball games, hockey, baseball, softball, etc.). If that was all part of the ESPN+ package at $5 per month (which provides access to much more beyond that), then I’d almost certainly pay for that. Granted, it’s still better to have more games on linear networks and the BTN and SECN continue to have (and the ACCN will have) wide distribution on top cord cutting platforms like Hulu and DirecTV Now, so conference networks will continue to be powerful well into the future.

ESPN is effectively consolidating the Big 12’s third tier rights. It will be interesting to see whether ESPN will sublicense any of those games to local linear TV stations in home markets (such as Kansas basketball games in the Kansas City market) or if they intend to keep everything exclusive to ESPN+. If the Big 12 schools are keeping those games on linear channels in their home markets while allowing ESPN+ to carry those games elsewhere across the country where out-of-market fans didn’t have access to them at all before, that would seem to be a net positive for the Big 12 exposure-wise.
04-10-2019 10:41 PM
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UTEPDallas Offline
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Post: #70
RE: Big 12 deal with ESPN
(04-10-2019 10:22 PM)zoocrew Wrote:  
(04-10-2019 09:58 PM)UTEPDallas Wrote:  
(04-10-2019 08:56 AM)zoocrew Wrote:  
(04-10-2019 08:48 AM)bullet Wrote:  
(04-10-2019 08:43 AM)stever20 Wrote:  Just saw it
https://www.sportsbusinessdaily.com/Dail...ig-12.aspx

covers
2019,2021,2023 conference championship football games
from all schools but Texas and Oklahoma- games that aren't on linear TV will be on ESPN+- to include spring game, and at least 1 football game.

Big 12 is screwed, they agreed to put stuff on ESPN+

ESPN+ becomes the de facto Big 12 network.

"...Eight of the 10 schools will provide more than 50 exclusive events per year, including at least one football game, any spring football game and any basketball game that is not on an ESPN linear network. Texas, which has Longhorn Network, and Oklahoma, which has its own local rights deal, will not provide content to ESPN+.

Starting in '19, Baylor, Kansas, Kansas State and Oklahoma State will provide games for ESPN+. The following year, Iowa State, TCU, West Virginia and Texas Tech will participate...."

You’re not a power league if your “defacto network” is ESPN+ LMAO you’re the AAC.

Goodnight Big 12

If I was a Pitt fan, I’d be praying everyday the ACCN starts delivering fast otherwise ACC schools with real options will be knocking on the B1G and SEC’s door. Pitt would be left out in that scenario since the B1G already has the most important school in Pennsylvania and you don’t fit the SEC profile.

Suddenly the Big XII wouldn’t look that bad but I’m sure they’d get the better leftovers once the B1G and SEC are done. The ACC with AAC replacements, the ones you seem to like a lot will be your new conference mates. Be careful what you wish for.

“Be careful what you wish for”

You think I’m wishing for the ACC to collapse?

Put down the crack pipe my dude.

I didn’t write that. You seem to like the AAC a lot which there’s nothing wrong about that. In an scenario where the ACC collapses due to the ACCN being a dud and not generating enough revenue to keep the top ACC schools happy, your school, Pitt would be out and suddenly being in an ACC full of AAC additions.

That’s why I wrote “be careful what you wish for” in relation to your constant defense of the AAC. Pitt after all might be reunited with Temple, Cincinnati, UConn and South Florida.
04-10-2019 10:50 PM
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UTEPDallas Offline
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Post: #71
RE: Big 12 deal with ESPN
(04-10-2019 10:31 PM)Dr. Isaly von Yinzer Wrote:  This is incredibly dumb. Are we really still living in the fantasy world where the ACC is in trouble?

Really? Do any of you people have the Internet?

Remember when that was a thing a few years ago? The Big 12 or the SEC or the Big Ten or the AFC Central or the NFC South was going to steal all of the ACC’s best teams and they were doomed! DOOMED, I tell ye!

It was Fantasy Island stuff that had no real relationship with reality and it makes even less sense now that the league is winning all of these football and men’s basketball national championships and has a GOR signed through what, 2035?

It’s over, guys. Let it go. By all accounts, it would appear that Pitt had the option to join the Big 12 or the ACC and it looks to me like they chose very wisely.

The ACC boasts the champions of the two major sports and is about to hit rich with their own dedicated conference television network. That means they are likely to get better and better and better. Meanwhile, in the Big 12, they are perpetually holding their breath and looking over their collective shoulders waiting to see what the hell Texas and Oklahoma are going to do?

That’s why it’s imperative that the ACCN starts delivering and fast. It’s one thing to be behind Alabama and Ohio State financially if you’re Clemson and Florida State and another thing is to be behind Missouri and Minnesota.

If the ACCN fails then all options are on the table. That’s why if I was a Pitt, Syracuse, BC, WF, Louisville and perhaps Duke fan, I would be hoping for a successful ACCN.
04-10-2019 10:55 PM
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Post: #72
RE: Big 12 deal with ESPN
(04-10-2019 10:41 PM)Frank the Tank Wrote:  
(04-10-2019 01:59 PM)TodgeRodge Wrote:  ESPN+ sucks mainly because ESPN sucks at streaming, but also because the cost Vs content delivered is way out of line

it is ESPN/Disney thinking they can slow roll people into moving over to streaming and still pay way too much for the sum total of mostly crap that ESPN and Disney produce

I actually think ESPN+ is a pretty good deal for what it is. I’m a huge Big Ten guy and I have no desire to buy the BTN Plus streaming package that costs $10 per month for just access to your own school’s “3rd tier” games (a small handful of non-conference men’s basketball games, hockey, baseball, softball, etc.). If that was all part of the ESPN+ package at $5 per month (which provides access to much more beyond that), then I’d almost certainly pay for that. Granted, it’s still better to have more games on linear networks and the BTN and SECN continue to have (and the ACCN will have) wide distribution on top cord cutting platforms like Hulu and DirecTV Now, so conference networks will continue to be powerful well into the future.

ESPN is effectively consolidating the Big 12’s third tier rights. It will be interesting to see whether ESPN will sublicense any of those games to local linear TV stations in home markets (such as Kansas basketball games in the Kansas City market) or if they intend to keep everything exclusive to ESPN+. If the Big 12 schools are keeping those games on linear channels in their home markets while allowing ESPN+ to carry those games elsewhere across the country where out-of-market fans didn’t have access to them at all before, that would seem to be a net positive for the Big 12 exposure-wise.

espn is still a terrible streaming partner because of their desire to stream about 50% of the rest of their website along with any actual game so their streams are so bloated they suck and are buggy

in the case of KU it will be interesting because their 3rd tier was with ESPN, Time Warner Metro sports and Comcrap (I am not sure how long those deals were for though)

most all of the other Big 12 teams were with Fox regionals and I suppose since ESPN owns them right now they can probably strip a little content from them without anyone thinking about it (much less if the anti0trust even cared about that).....but along with that most of those 3rd tier deals were for considerably shorter periods of time than the full Big 12 media deal so some or all of them are probably ending that could be the reason that particular groups of teams will stream in year one while others will not stream until the following year

unfortunately the Big 12 leadership likes to talk a lot about the future of many things and one of those has been streaming....hopefully they will use the experience with ESPN to make sure they are prepared for the future to possibly get a streaming partner that is not so bloated with cost overhead and that is not so bloated with crap they want to stream long with the game

there is a tweet by Denise Dodds implying that the Big 12 is only getting $40 million TOTAL for everything over 6 years

but that tweet was from the sports business journal that is also the entity that reported the current Big 12 media deal would now average $22 million a year Vs a prior average of $20 million and they are the ones that reported in the past that Fox offered in the high teens for the CCGs before the Big 12 said they would prefer to look around and the same story said the Big 12 had at least two interested parties

so it would make no sense that the Big 12 would turn down "the high teens" X 3 to take $40 million TOTAL because even the mid teens X 3 would be $45 million with no streaming involved and $40 million TOTAL does pretty much zero to move the per year average of the 13 year Big 12 media deal

sports business journal has always been the TMZ of business, sports, and journalism though they are very poor at delivering actual facts in all three areas and very good at reporting unsubstantiated nonsense with numbers that have a great deal of ambiguity to them
04-10-2019 11:02 PM
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quo vadis Offline
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Post: #73
RE: Big 12 deal with ESPN
(04-10-2019 09:51 PM)TodgeRodge Wrote:  
(04-10-2019 08:29 PM)Fighting Muskie Wrote:  The Other 8 deserve better than this.

the other 8 have complete control of the conference if they choose to they chose not to

They have zero control over the conference because if they exercise that control, in 2025 Texas and OU leave, and then the conference they control is worth not much, if anything, more than the AAC.

It's like saying ECU, Tulane, and Ark-State have more control over the CFP than Notre Dame because they outnumber them 3 to 1. Nonensical.

About your math, the bottom line is that it seems the Big 12 didn't get what it wanted. It wanted about $19m a year for those 3 CCGs that were available, and it got about $12 million a year:

$40m/3, with say $4m left over for the ESPN+ stuff.

Those are the hard numbers we *know* from the article. Your convoluted math to get to the $22m a year figure is very speculative.

$40m total for 3 CCGs plus some ESPN+ content.

That works out to about $12m to $13m for each of those CCGs. Not what the Big 12 wanted.
04-11-2019 05:58 AM
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Post: #74
RE: Big 12 deal with ESPN
https://www.cbssports.com/college-footba...s-on-espn/

Quote:The deal is essentially a significant bridge deal that runs concurrent with the existing rights agreement, which ends after the 2024-25 academic year. The expanded deal means an average of additional $22 million per year for the Big 12 for the remaining six years of its current agreement, according to Sports Business Journal. Bowlsby said that number was not accurate but did not elaborate.

Big 12 schools currently each get $40.1 million annually in rights fees. Even a modest increase in those fees would further entrench the league in third place behind the Big Ten and SEC in that category.

$40+ million?? I can live with that.
04-11-2019 06:24 AM
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Post: #75
RE: Big 12 deal with ESPN
(04-10-2019 09:51 PM)TodgeRodge Wrote:  
(04-10-2019 08:29 PM)Fighting Muskie Wrote:  The Other 8 deserve better than this.

the other 8 have complete control of the conference if they choose to they chose not to

it was already reported that Fox was offering in the high teens for the game

Wait a minute, hold up, stop right there. You've got that twisted.

"Sources said the last offer made to Fox valued the game in the high teens."

"...the last offer made TO Fox...."
TO Fox. Not BY Fox.

Big 12 offered the games to Fox for "the high teens"--let's say $17.5M, halfway between $15 and $20M

https://www.sportsbusinessdaily.com/Jour...ig-12.aspx

Quote:When this agreement is added to the current media-rights deal that still has six years to run, the conference will average $22M per year

I'm not going to worry about the scaling, let's keep it simple and just assume $200M per year every year, $20M per school.

They added a CCG three years ago, for around $25M per year, rotating between ESPN and Fox. Fox used their opt out because the game wasn't worth $25M.

So basically, ESPN bought the other three games for $40M. (The value of the Tier 3 content is trivial, and only brings down the value of the CCG). That's a value for the Big 12 CCG of $40/3 = $13.333M

The CCG money was ON TOP OF the $200M/year 12 year contracts with ESPN & Fox when the Big 12 signed their GOR.

Quote:10 teams, 13 years, $200 million a year on average or an average of $20 million per year per team for a total of $2.6 billion

now it is 10 teams, 13 years, with an average of $22 million per team for a total of $220 million per year on average or a total of $2.86 billion

The big change to the original contract was adding the CCG for $25M a year. That's your difference between $20M and $22.5M. ESPN is, best we can tell, paying $25M a year for the 2018-19, 2020-21 and 2022-23 games. Fox, best we can tell, paid $25M a year for 2017-18, and used some sort of option to give back the 2019-20, 2021-22, 2023-24 games. ESPN is now paying $13M a year for those games.

Average that out, $25M in even years +$13M in odd years = $38M = $19M a year = $1.9M per school. Add that to $20M, and you're around $22M.

The ESPN+ stuff mostly justifies ESPN moving money around for the sake of smoothing out the Big 12's budgets.

Remember, journalists aren't omniscient, they're just doing their best.
Their "$22M a year number" may not be from an AD or a school president or commissioner--they may have got it the same way I just did, called to confirm it and were told "That's in the ballpark, print it" because the AD doesn't really want to go into how the scaling works, or delve too deeply into how this is less money than the Big 12 expected a year ago.


Quote: so you have $240 million in new money.....now it was reported that Fox offered int he high teens (we will call that $19 million to make this the least beneficial to the Big 12 as possible) so that means the Big 12 turned down $19 million X 3 or $57 million

NO. Fox TURNED DOWN the Big 12's offer of $45-80M for the 3 games, apparently without much of a counteroffer, because the Big 12 ook $13.333M (if you value the Tier 3 stuff at zero)

Quote:so you take $57 million away from that $240 and you get $183 million in "new money" or about $3.05 million per team per year

What? No, this isn't "new money". This is money replacing the money that Fox was scheduled to pay as of 2017 for the CCGs. And it is less. IT was (probably) $25M, it is now (at best) $13.333M

The "other 8" Tier 3 is worth *something*, but the numbers are hard to come by, and whatever we value those at comes at the expense of the value of the CCG. (It's also very possible that, since ESPN already owned those rights for payments in previous contracts with the schools, that money isn't included in the $40M)

Quote:so doing the numbers like that "those 8 teams" are getting about the same for their 3rd tier deals as before

Probably so. I don't think the economics of Tier 3 has changed, but I also suspect that those deals are not included in the $40M price tag.

Quote:and they are able to have the CCG on ESPN or ABC and get $25 million for it

No, the new average value of the Big 12 CCG seems to be $19M (average of $25M in even years and $13M in odd years.)

In the new deal, which includes three championship games and ESPN+ rights, ESPN will pay a total of around $40M.
04-11-2019 07:48 AM
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quo vadis Offline
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Post: #76
RE: Big 12 deal with ESPN
(04-11-2019 07:48 AM)johnbragg Wrote:  No, the new average value of the Big 12 CCG seems to be $19M (average of $25M in even years and $13M in odd years.)

Yes, the remarkable thing to me about this deal is how little the Big 12 got for those three CCGs. They wanted around $18m and got around $12m, maybe $13m depending on how much of the $40m ESPN paid is for the PLUS rights.

That's a big comedown.
04-11-2019 08:32 AM
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zoocrew Offline
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Post: #77
RE: Big 12 deal with ESPN
(04-11-2019 08:32 AM)quo vadis Wrote:  
(04-11-2019 07:48 AM)johnbragg Wrote:  No, the new average value of the Big 12 CCG seems to be $19M (average of $25M in even years and $13M in odd years.)

Yes, the remarkable thing to me about this deal is how little the Big 12 got for those three CCGs. They wanted around $18m and got around $12m, maybe $13m depending on how much of the $40m ESPN paid is for the PLUS rights.

That's a big comedown.

Probably because it has to be Texas vs Oklahoma for anyone to actually care.
04-11-2019 08:37 AM
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JRsec Offline
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Post: #78
RE: Big 12 deal with ESPN
(04-11-2019 08:32 AM)quo vadis Wrote:  
(04-11-2019 07:48 AM)johnbragg Wrote:  No, the new average value of the Big 12 CCG seems to be $19M (average of $25M in even years and $13M in odd years.)

Yes, the remarkable thing to me about this deal is how little the Big 12 got for those three CCGs. They wanted around $18m and got around $12m, maybe $13m depending on how much of the $40m ESPN paid is for the PLUS rights.

That's a big comedown.

In part that is because it is a guaranteed do-over game. Add that to a 5 state footprint and there's no way it will ever be worth what the Big 10 or SEC championship games are worth.
04-11-2019 10:14 AM
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quo vadis Offline
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Post: #79
RE: Big 12 deal with ESPN
(04-11-2019 10:14 AM)JRsec Wrote:  
(04-11-2019 08:32 AM)quo vadis Wrote:  
(04-11-2019 07:48 AM)johnbragg Wrote:  No, the new average value of the Big 12 CCG seems to be $19M (average of $25M in even years and $13M in odd years.)

Yes, the remarkable thing to me about this deal is how little the Big 12 got for those three CCGs. They wanted around $18m and got around $12m, maybe $13m depending on how much of the $40m ESPN paid is for the PLUS rights.

That's a big comedown.

In part that is because it is a guaranteed do-over game. Add that to a 5 state footprint and there's no way it will ever be worth what the Big 10 or SEC championship games are worth.

Yes, but they are getting $25m for the other three CCG games.
04-11-2019 11:07 AM
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GTFletch Offline
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Post: #80
RE: Big 12 deal with ESPN
It appears to me that the BIG 12 is making plans to convert the LHN to BIG12 and have gone all in with ESPN much like the ACC did... If I am the PAC 12, I might be worried that the BIG 12 may pluck one or two P-5 teams.....

From the press release...
ESPN and the Big 12 Conference have significantly expanded their existing rights agreement, which runs through the 2024-25 season. Adding to its already robust coverage of the Big 12, the agreement means that ABC or ESPN will now exclusively televise the Big 12 Football Championship every year through 2024 – adding three additional championship games (2019, 2021 and 2023) and bolstering ABC and ESPN’s Championship Saturday lineup each year on the eve of College Football’s Selection Day.

In addition, the agreement will bring hundreds of Big 12 events – including exclusive football and basketball games, as well as multiple other sports, conference championships and original content – to ESPN+, the direct-to-consumer subscription sports streaming service. As part of the agreement, all ESPN+ events will be produced and presented under a Big 12-branded offering to be developed by the conference and ESPN, and launched on ESPN+ ahead of the start of the 2019-20 athletic season.


link from ESPN
https://espnpressroom.com/us/press-relea...agreement/
04-11-2019 11:28 AM
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