Hello There, Guest! (LoginRegister)

Post Reply 
Financial breakdown of UConn's move to the Big East
Author Message
templefootballfan Offline
Heisman
*

Posts: 6,455
Joined: Jan 2005
Reputation: 77
I Root For: TU & BGSU & TEX
Location: CLAYMONT DE
Post: #121
RE: Financial breakdown of UConn's move to the Big East
I agree B-12 wants the East coast, expand by 8
B-12 footprint would match B-10
08-11-2019 09:14 AM
Find all posts by this user Quote this message in a reply
bullet Offline
Legend
*

Posts: 34,440
Joined: Apr 2012
Reputation: 959
I Root For: Texas, UK, UGA
Location:
Post: #122
RE: Financial breakdown of UConn's move to the Big East
(08-08-2019 01:13 PM)Billy Bob Bearcat Wrote:  
(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.

My position is that the Big East likley will pay slightly less---but is a much better fit for UConn and--may become a financial windfall should UConn decide to downgrade or completely eliminate football.

Great points. You can easily tell the intention of the original post with such thinly veiled BE vs AAC propaganda. Somehow UConn is making $2 million on contracts that simply don't exist and another $1 on a buy game which is not exclusive to the BE (They can do a buy game in the AAC as well).

UConn is going to make less money from the conference. It is fine for them to join the Big East, but at least own it was done for reasons outside of the dollars and cents.

There's absolutely no question they will make less money from media (including CFP money as media) in the Big East. They are clearly hoping they make more money from attendance and donations in the Big East.
(This post was last modified: 08-11-2019 11:15 AM by bullet.)
08-11-2019 10:40 AM
Find all posts by this user Quote this message in a reply
bullet Offline
Legend
*

Posts: 34,440
Joined: Apr 2012
Reputation: 959
I Root For: Texas, UK, UGA
Location:
Post: #123
RE: Financial breakdown of UConn's move to the Big East
(08-08-2019 05:29 PM)Old Blue Wrote:  
(08-08-2019 05:13 PM)Mestophalies Wrote:  
(08-08-2019 05:05 PM)Old Blue Wrote:  
(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

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.

My position is that the Big East likley will pay slightly less---but is a much better fit for UConn and--may become a financial windfall should UConn decide to downgrade or completely eliminate football.
From the amount of revenue coming in it would appear UCONN shouldn't have an 80+ million dollar athletic budget. That should have been cut immediately upon the formation of the AAC. They need to cut it, or perhaps the state will cut it for them.

This is exactly why they moved to the Big East, to cut their budget. UConn will shortly discontinue Football and then cut the corresponding number of Female Scholarships and remain within Title IX standards. The reduction in scholarships will allow UConn to effectively cut their budget in half. 07-coffee3

We'll see about a reduction in Women's sports. Title nine is a political thing. A beast that only grows, it never gets smaller. If you start cutting women's sports, especially in the northeast....there will be hell to pay.

Not if they cut more men's scholarships. Who cares if rowing goes? Does anybody have women's rowing for any reason other than to offset men's football scholarships? UConn has 22 sports. They only are required to have 16 for FBS and 14 for division I.
08-11-2019 10:44 AM
Find all posts by this user Quote this message in a reply
bullet Offline
Legend
*

Posts: 34,440
Joined: Apr 2012
Reputation: 959
I Root For: Texas, UK, UGA
Location:
Post: #124
RE: Financial breakdown of UConn's move to the Big East
(08-08-2019 10:11 PM)TrojanCampaign Wrote:  These arguments remind me a lot of political debating. I don't think anyone truly thinks Uconn going to the big East is a bad idea. I think many are just tired of the misinformation.

I'm in the crowd saying this is a great idea. But not because of the sunshine Big East fans are spreading. This move allows Uconn to kill football and many women sports. While still getting paid a similar amount to the AAC and focusing on what they are good at.

Hardly anyone thinks this is a good move for their football program.

Most would say its probably good for basketball. But it does remain to be seen whether the Big East can continue to remain a power conference in basketball with all the money flowing into the P5 football programs.

It really depends on their long term goals for their football program. If they are fine with MAC level, its probably good.
08-11-2019 10:50 AM
Find all posts by this user Quote this message in a reply
esayem Offline
Hark The Sound!
*

Posts: 5,409
Joined: Feb 2007
Reputation: 164
I Root For: The Heels
Location: Tobacco Road
Post: #125
RE: Financial breakdown of UConn's move to the Big East
Take a look UConn’s Independent schedules in the early 2000’s with their current coach at the helm. You’d be surprised to know, they aren’t full of then Big East teams or power teams. Sure, there are some BE teams here and there, but I think it gives us a good indication of their future schedules.

Here are some samples:

Eastern Michigan
Buffalo
Louisville
Boston College (this would be great for both teams)
Akron
MTSU
Ball State
Rutgers
Temple
Georgia Tech
Ohio
Vanderbilt
FAU
Kent State
Navy (probably unlikely)
Iowa State
Indiana
Army
NC State
Western Michigan
Wake Forest
Duke

Add UMass, Liberty, and more than likely BYU and NMSU to that list and I think their upcoming schedules will be similar. That’s not including scheduling opponents where they would be essentially sacrificing themselves at the buy-game altar.

I think UConn’s football history and tradition (which is like 120 years), including a fan base that has come out and supported a good product, will keep the program alive. Getting a bowl tie-in like the Independent teams did back in the 90’s with the Liberty Bowl is what those AD’s need to work together to secure.

Ultimately, UConn said “if we have to be solidly G5 in football to be P6 in basketball, so be it.”

I think eventually some Independent teams will make up a G6.
(This post was last modified: 08-11-2019 11:27 AM by esayem.)
08-11-2019 11:25 AM
Find all posts by this user Quote this message in a reply
bill dazzle Offline
Bench Warmer
*

Posts: 154
Joined: Aug 2016
Reputation: 20
I Root For: Multiple
Location:
Post: #126
RE: Financial breakdown of UConn's move to the Big East
(08-11-2019 08:08 AM)esayem Wrote:  
(08-11-2019 07:52 AM)bill dazzle Wrote:  
(08-11-2019 12:14 AM)esayem Wrote:  
(08-10-2019 08:32 PM)bill dazzle Wrote:  
(08-10-2019 06:25 PM)DFW HOYA Wrote:  The Big 12 likely made it clear that this wasn't happening. There are at least eight other schools ahead of UConn on the Big 12 speed dial**, and it was time to move on.


** As in BYU, UCF, USF, Colorado State, Houston, Cincinnati, Memphis, or Air Force.


Agree fully.

Well we know Memphis wasn’t one. UConn was one of the final 11, Memphis was not.


That was true at the time. However, I interpreted DWF Hoya's phrasing to suggest that Memphis in the future will be, hypothetically, a better choice for a new-look Big 12 than UConn would have been had it stayed in the AAC. And that would be, in part, because Memphis the past few years has been improving significantly in both football and academics (admittedly, it had lots of room for improvement because both were mediocre at best).

UConn made the right move to head to the Big East and hope that the ranks of Division I-A independent football programs continue to slowly grow (which I think they might). If there is a "new look" Big 12 in the future, it will likely include a few leftovers from the Big 12 and then some adds from the Mountain West and the AAC. It's doubtful UConn would have an interest in such a league (or that such a league would have much interest in UConn).

Tulane was the first call when Arkansas left the SWC. They couldn’t get enough votes.

Louisville and Memphis were pushed by the commissioner, but Texas and co. probably made up their mind to join the Big 8 at that point.

Louisville, Memphis, and Tulane were the first call by the SWC leftovers. Louisville didn’t have interest, but Memphis and Tulane went to the meetings.

Anyway, I assumed Memphis would be on the Big XII’s short list, especially due to their location. Having UConn and schools in FLA ahead of them definitely proves the Big XII is open to the east coast.

The current Big 12 had no interest in Memphis and did seem interested in having an East Coast presence. But a future Big 12 that is, say, down to only three to five of its existing members might want Memphis. It's hard to say. I'm biased toward Memphis and Cincinnati, so I might not be the best person to offer a take on this topic.
08-11-2019 05:32 PM
Find all posts by this user Quote this message in a reply
gulfcoastgal Offline
All American
*

Posts: 3,397
Joined: Feb 2007
Reputation: 273
I Root For: Memphis Tigers
Location:
Post: #127
RE: Financial breakdown of UConn's move to the Big East
(08-09-2019 11:44 AM)Bogg Wrote:  
(08-09-2019 10:19 AM)gulfcoastgal Wrote:  
(08-09-2019 08:46 AM)The Cutter of Bish Wrote:  
(08-09-2019 08:31 AM)GoldenWarrior11 Wrote:  It's impossible to "keep pace" when the race already concluded (i.e. Power Five consolidating from the Power Six, picking the best of the rest to maximize value).

Yeah, and you can't fault UConn for taking an opportunity to be a part of the basketball power structure. Anyone not in the P5, if the Big East really wanted them, would have done the same thing.. And, ironically, were it Houston or Cincinnati, would it really be a death sentence for football the same way people think it to be for UConn?

But, it's not like this is going to be a total reprieve for UConn. Power basketball has rising operating costs, as well. It used to be most basketball programs ran in the black. Now, with expanding and more costly staffing, and the recruitment game, UConn's going to get more money for its basketball, but it's likely to spend more, too.

I suppose there’s no definitive way to prove or disprove this statement. However, I find it highly doubtful that ALL outside the P5 would bite ...assuming the option is BE bball and Indy fball. Let’s not forget UCONN’s preference (according to reports at the time) was to keep fball in the AAC. No doubt, this would’ve been the best of both worlds in terms of both money and exposure.

I follow Memphis more closely than other schools and, as such, am more familiar with their stated objectives and philosophies from admin to athletics. The national platform AAC fball has given the university has resulted in at least one major gift to date...mostly for academics. I don’t think it’s going out on a limb to say the Tigers could not negotiate a fball media deal for as much money and with the OTA exposure they have enjoyed the last couple of seasons. On the basketball side, the university has proven it can be nationally relevant in multiple conferences under multiple coaches. With that in mind, it’s hard to imagine a scenario where BE bball/Indy fball makes sense from both an exposure and financial standpoint and remain aligned with the stated objectives of admin. The subject of Indy fball has come up over the years and the official response has always been conference affiliation is necessary. No doubt, buy games could keep it afloat, but is that thriving or just surviving? The stated goal is to get as many home games as possible for gate $...something multiple buy games makes difficult.

*Please note the I’m not saying AAC>BE bball b/c it isn’t. However, I do think the program can be successful ($ wise) and nationally relevant in the AAC. Crowds will pack the Forum, and the program will be supported as long as there is hope that a good product is coming regardless of conference affiliation.

Also worth noting that the geography of the AAC, specifically the Western wing of the AAC, is much better for Memphis than the conference geography could ever be for UConn. Also, there's a real opportunity there for Memphis-Houston to turn into one of college sports genuine rivalries, while Memphis would be a pretty notable outlier in the Big East.

The UM/UH games have definitely been exciting in the AAC...not so much in CUSA - lol. I think many Tiger fans can relate to Husky fans in the lack of rivals department. It is a common complaint that is most often met with the "real fans support the home team not who they play" argument. I get it as it makes fan experiences more exciting and adds to game week "water cooler" fodder. Best of luck. I hope UCONN kills it in the BE.
08-13-2019 11:34 AM
Find all posts by this user Quote this message in a reply
DawgNBama Offline
NCR Ranger
*

Posts: 3,176
Joined: Sep 2002
Reputation: 85
I Root For: p-natal vitamin
Location: prenatal vitamins
Post: #128
RE: Financial breakdown of UConn's move to the Big East
Ok, I get it- Uconn likes things better in the Big East. But I must disagree with this statement

(08-09-2019 08:31 AM)GoldenWarrior11 Wrote:  
(08-09-2019 06:21 AM)Native Georgian Wrote:  
(08-08-2019 10:26 PM)esayem Wrote:  
(08-08-2019 07:58 PM)CougarRed
GoldenWarrior11 Wrote: <a href="https://csnbbs.com/post-16230236.html#pid16230236" class="quick_jump">&nbsp;</a></cite>In the long-run, UConns time in the AAC will be a blip in their basketball history. It will be similar to South Carolina's tenure in the Metro Conference.</blockquote>

No doubt this is true.

Another blip, in the long run, will be UConn's experiment with football.</blockquote>

Haha, their over 120 year football experiment?</blockquote>
CougarRed should have been more specific: [b Wrote:
FBS-level[/b] (or it’s equivalent in past eras) football.

The other point that history will show from UConn's move is that it will likely show a big name school that is outside of the P5 choosing to discontinue throwing money and resources (which are not being generated authentically) and accepting its fate and place in the college football hierarchy (assuming UConn eventually disbands/drops-down football). Anyone that argues that the subsidies that some of these G5 programs are making to support these losing football programs are sustainable are fooling themselves. An overwhelming majority of G5 programs are being subsidized between 40% and 70% percent annually by the institutions/state. That is simply not sustainable.

The spending gap will only increase, and it will only cause certain programs to feel the need to spend more in order to "keep pace". The writing is on the wall - the separation already happened. It's impossible to "keep pace" when the race already concluded (i.e. Power Five consolidating from the Power Six, picking the best of the rest to maximize value).
[/quote]


I have this line from others before, but I disagree with it because of what happened with the old BCS. When Tulane's president Cowan made that deal with the P5, it changed CFB for the better. Yes, I am not oblivious to what all has been going on lately with the P5. But there has been a lot of changes in the G5 too. And the ESPN monopoly is starting to show some links in its armor. UConn's administration thought that they could join the P5. It's not happening, but the P5 can be and should be challenged. If the G5 gives up on football, it is only a matter of time before the P5 concentrate their efforts on pulling away in basketball as well. For now, it seems like that the P5 don't mind having the BE as their equal, but I have to wonder how long that will last
(This post was last modified: 08-14-2019 02:38 AM by DawgNBama.)
08-14-2019 02:18 AM
Find all posts by this user Quote this message in a reply
The Cutter of Bish Offline
All American
*

Posts: 4,090
Joined: Mar 2013
Reputation: 107
I Root For: the little guy
Location:
Post: #129
RE: Financial breakdown of UConn's move to the Big East
(08-11-2019 11:25 AM)esayem Wrote:  I think eventually some Independent teams will make up a G6.

Yeah, I'm wondering if and when such a thing happens. Their numbers are increasing, but it includes schools who have their own things going and aren't necessarily willing to share them (BYU), or just don't want the hassle of a conference (Army). Do more programs go independent, make the jump from FCS Liberty-style, or do schools step down to whatever this new conference becomes?

We've seen growth in these conferences, and may still see it rise (at least in the P5). We've seen groups splinter and become new conferences (MWC and C7/Big East). I wonder if we're going to see more schools getting kicked out of their conferences, and perhaps creating a pool of programs who could assist in the creation of a new conference.
08-14-2019 04:28 AM
Find all posts by this user Quote this message in a reply
Bogg Offline
1st String
*

Posts: 1,734
Joined: Sep 2016
Reputation: 83
I Root For: UConn
Location:
Post: #130
RE: Financial breakdown of UConn's move to the Big East
(08-14-2019 04:28 AM)The Cutter of Bish Wrote:  We've seen growth in these conferences, and may still see it rise (at least in the P5). We've seen groups splinter and become new conferences (MWC and C7/Big East). I wonder if we're going to see more schools getting kicked out of their conferences, and perhaps creating a pool of programs who could assist in the creation of a new conference.

It's really, really hard to get kicked out of a conference these days because nobody wants to set that precedent, and with the CFP contract it's nearly impossible for a higher-spending core of a conference to form their own league (like how the MW was created).

I don't think new FBS conferences are particularly viable for a number of reasons. If dissatisfaction really got bad enough that a few schools were genuinely pushing for full-scale conference rebuilding, schools choosing more sensible Olympic conferences and letting football be its own thing seems more doable than, like, reviving the Metro Conference with the Virginia/Carolina/Georgia/Florida SB/CUSA members.
08-14-2019 11:03 AM
Find all posts by this user Quote this message in a reply
The Cutter of Bish Offline
All American
*

Posts: 4,090
Joined: Mar 2013
Reputation: 107
I Root For: the little guy
Location:
Post: #131
RE: Financial breakdown of UConn's move to the Big East
(08-14-2019 11:03 AM)Bogg Wrote:  
(08-14-2019 04:28 AM)The Cutter of Bish Wrote:  We've seen growth in these conferences, and may still see it rise (at least in the P5). We've seen groups splinter and become new conferences (MWC and C7/Big East). I wonder if we're going to see more schools getting kicked out of their conferences, and perhaps creating a pool of programs who could assist in the creation of a new conference.

It's really, really hard to get kicked out of a conference these days because nobody wants to set that precedent, and with the CFP contract it's nearly impossible for a higher-spending core of a conference to form their own league (like how the MW was created).

I don't think new FBS conferences are particularly viable for a number of reasons. If dissatisfaction really got bad enough that a few schools were genuinely pushing for full-scale conference rebuilding, schools choosing more sensible Olympic conferences and letting football be its own thing seems more doable than, like, reviving the Metro Conference with the Virginia/Carolina/Georgia/Florida SB/CUSA members.

If the money isn't there for non-majors, I don't know how some of the far-flung conferences out there keep it up as they currently stand. And I have CUSA in mind with that being said, because if there's any legs to that thing floating out there with them looking to "trade members..." I don't know...that sounds like there could be something to unfold.
08-14-2019 04:23 PM
Find all posts by this user Quote this message in a reply
Post Reply 




User(s) browsing this thread: 1 Guest(s)


Copyright © 2002-2019 Collegiate Sports Nation Bulletin Board System (CSNbbs), All Rights Reserved.
CSNbbs is an independent fan site and is in no way affiliated to the NCAA or any of the schools and conferences it represents.
This site monetizes links. FTC Disclosure.
We allow third-party companies to serve ads and/or collect certain anonymous information when you visit our web site. These companies may use non-personally identifiable information (e.g., click stream information, browser type, time and date, subject of advertisements clicked or scrolled over) during your visits to this and other Web sites in order to provide advertisements about goods and services likely to be of greater interest to you. These companies typically use a cookie or third party web beacon to collect this information. To learn more about this behavioral advertising practice or to opt-out of this type of advertising, you can visit http://www.networkadvertising.org.
Powered By MyBB, © 2002-2019 MyBB Group.