(08-13-2022 11:14 PM)Big 12 fan too Wrote: Gross hyperbole.
Let’s not resort to fallacies and stick to realizing everyone is talking about what do the P5 and top G5 schools bring. That should be clear.
There are conferences in which the market of such potential candidates do not need to strongly correlate to eyeballs. Rutgers is not an eyeball addition.
And even without such carriage taxation, all valuation models favor the upside that comes with being in a large market. WSU actually has many years of drawing eyeballs at rate better than many schools, but they are low on the lists.
No, it isn't really true that *all* valuation models favor larger markets. The truth is, the broadcast math is more complicated and more context dependent.
Market *penetration* is a huge factor, and not universal. Many G5 programs (as well as FCS, 1-AAA etc) sit in huge areas where they're not even the 6th most popular game in town, and don't have short-term potential to capture a higher percentage of eyes. This is the issue with say, San Jose State. 6th biggest TV market, tiny % of engaged fans...and with so few fans, the broadcaster can't properly take advantage of sponsorship or ad engagement opportunities in that market. Broadcasters have more precise tools to examine market penetration, but they absolutely have to run the numbers.
Market *location* is also a substantial factor, because broadcasters/conferences also often sell regional ad packages, and regional brands are not going to want to spend money selling into markets where they aren't located. As an example, I've had TV executives tell me that it's easier (and more profitable) to sell ads against MAC inventory than say, the old CUSA inventory, or even part of AAC inventory, because the ad reps know exactly what brands to pitch, and the brands know they can more easily double down on their intended midwestern audience. Bigger is not automatically better. Time zones, of course, are also a significant factor in valuation.
Without the ability to *tax* cable subscribers, and with streaming audiences (and streaming capacity) an increasingly bigger factor, audience size absolutely becomes a bigger factor.
Now, conferences expand for reasons beyond pure television broadcast potential. Washington State, for example, isn't as attractive a candidate, despite having an engaged audience, for other reasons, like academics, geography (Pullman is not easy to get to), politics and more.
I used an outlandish example to prove a point, but that point still remains.
(I'm literally writing a book chapter right now about this exact thing lol)