(08-08-2019 11:42 AM)Attackcoog Wrote: (08-08-2019 10:59 AM)TheBasketBallOpinion Wrote: https://connecticut.rivals.com/news/fina...e-big-east
Quote:"Production costs
After the possible loss of SNY, this has been the part that has gotten people most up-in-arms. Mainly that a portion of the $7 million guaranteed to each school annually would go directly toward producing games shown on ESPN+. A UConn source estimated that the 25-or-so basketball games relegated to ESPN+ each year would cost the school between $250,000 and half a million dollars. That’s before you even consider the 50 olympic sports streamed per year under the deal. A conservative estimate could put the price tag on annual production costs at between $500,000 and $1,000,000.
Knock another million off the true value of that deal."
Quote:Big East:
Value of Big East deal with FOX: $4.2 million per year, per team
Value of current deal with SNY: About $1 million per year
Expected value of football deal with SNY: About $1 million per year
Potential football buy game: $1 million per year
Bowl game payout: $310,000, based on 2019
Men’s Basketball Fund: $1.6 million
AAC exit fee: $1 million per year, after 2020
TOTAL: $8.1 million
Quote:AAC:
Value of new AAC deal: About $7 million per year, per team
Bowl Game Payout: $2.05 million per team in 2019
Men’s Basketball Fund: $725,000
ESPN+ Production costs: About $1 million per year
Additional travel: About $2 million per year
TOTAL: $6.75 million
Amazes me the writers that dont know facts.
#1) CFP payout has been completely left out.
#2) AAC Basketball fund left out
#3) Most of exit fee not considered (only 6 million of 20.5 million was included).
#4) There is no SNY income--third tier rights were signed over to the Big East, which had already sold them to FOX. If FOX doesnt use them, they revert to the Big East, who acts as the agent and then distributes the money equally to each member of the confernece.
#5) A football "payday game" is not a Big East income stream. Scheduling a one-and-done payday game could have been done in the AAC.
#6) ESPN+ production costs remain unknown---but many FCS and D2 teams with very small budgets under 10 million have been handling these costs (with no offsetting income) for years. If have found at least one article that pegs the cost at around $350K. As for equipment----one D1 school bought the production trailer and equipment needed for ESPN3/+ for $125,000. Akron upgraded its facilities for to handle ESPN3/+ for $350K. These costs are unknown right now---but I suspect they are being badly overestimated. That said, at least this article is more reasonable than the 2 million dollar estimates I have seen elsewhere.
Looks like CFP payout is the second item on the AAC side and the fifth item on the Big East side. However, AAC gets another $600k per team from the other bowls.
Agreed that counting only the six years of $1M per year, rather than $17M and omitting completely the $3M entrance fee is...disingenuous at best. Maybe amortize the $20M over the six years the author wants to count?
Agreed on $0 third tier rights from SNY.
Agreed with your number five.
Hilarious - more than one analysis looking at costs other schools have publicized (as opposed to guessing) has come up with around $350k in production costs, but the author says "conservative" estimates are $500k-$1M...and then uses the max in his comp!
Omits the estimates of $2M increased ticket sales - AD Benedict quoted that for an interview, so let's just assume.
Let's see, even giving some benefits of the doubt to his writeup (travel costs, ticket sales, production costs)
Big East:
Value of Big East deal with FOX: $4.2 million per year, per team
Expected value of football deal with SNY: About $1 million per year
Bowl game payout: $310,000, based on 2019
Men’s Basketball Fund: $1.6 million
Increased ticket sales: $2 million
AAC exit fee: $3 million per year, after 2020
TOTAL: $6.11 million
AAC:
Value of new AAC deal: About $7 million per year, per team
Bowl Game Payout: $2.6 million per team in 2019
Men’s Basketball Fund: $725,000
ESPN+ Production costs: About $500,000 per year
Additional travel: About $2 million per year
TOTAL: $7.825 million