trephin wrote:paulxu wrote:I don't understand why these money questions keep coming up. I thought it was well settled when Fox and BE got together, that there was money (if needed) to add 2 more teams. I would thing UConn will get the same as the other 10 teams now.
I don't recall actual confirmation of the contract increase. I think the closest confirmation was from the NY Times: "But the contract could spike to $600 million if the conference grows to a dozen teams, according to two people briefed on the contract but not authorized to speak publicly about its terms." Other unknown details would be if there might have been a time limit for it to be activated or if the raise required 2 additions exactly.
Potentially adding UConn might result in a short term per school decrease but I think UConn is more important for the next contract rather than the current.
NYT: https://www.nytimes.com/2013/03/12/spor ... collection
paulxu wrote:DudeAnon wrote:stever20 wrote:I guess the question to me will be the TV deal. This is year 7 of the 12 year deal. Is Fox doing an extension early to get more money in here? it's early, but it's not incredibly early.
That is a good point stever. This could very well be the first move in negotiations for the next contract. Would be interesting to know how much Fox put into making this work.
I don't understand why these money questions keep coming up. I thought it was well settled when Fox and BE got together, that there was money (if needed) to add 2 more teams. I would thing UConn will get the same as the other 10 teams now.
DeePhence wrote:Val has been great.
We can argue over concrete accomplishments like MSG and the Big 10 an Big 12 series, and now UConn.
But her efforts at promoting the league, managing the presidents and ADs. The whole culture of the conference and the obvious respect she has from HCs and the schools, and I can't think of a foot she has put wrong.
Xudash wrote:trephin wrote:paulxu wrote:I don't understand why these money questions keep coming up. I thought it was well settled when Fox and BE got together, that there was money (if needed) to add 2 more teams. I would thing UConn will get the same as the other 10 teams now.
I don't recall actual confirmation of the contract increase. I think the closest confirmation was from the NY Times: "But the contract could spike to $600 million if the conference grows to a dozen teams, according to two people briefed on the contract but not authorized to speak publicly about its terms." Other unknown details would be if there might have been a time limit for it to be activated or if the raise required 2 additions exactly.
Potentially adding UConn might result in a short term per school decrease but I think UConn is more important for the next contract rather than the current.
NYT: https://www.nytimes.com/2013/03/12/spor ... collection
I suppose anything is possible when it comes to boarding UCONN into the BE, but it's a pretty easy thing for FOX to hop on a plane or catch a cab to BE HQ - or have the BE people travel to FOX intergalactic HQ - to "negotiate" and firm up a true-up of the existing deal to keep things moving along financially as they look now (i.e. per school). I'm sure we'll learn about how this piece shakes out soon enough.
Pulled from Reputable Barnyard Posts thread, page 3 - quote pulled from Jet915's post...
Second, the NBE has outperformed their TV contract handily. And not only have their TV #s been way better than forecast, they've won 2 National Championships in the last 4 years. So the conference's contract is way under-valued. The problem is, they signed a long-term contract that doesn't expire until spring 2026. The only way their contract can be opened back up for revaluation by Fox, is if there is a change in their membership. Adding UConn allows the Big East to bring their contract up to market value based on the Big East's performance on TV the past 5-6 years + UConn's value. So that contract is going to seriously, seriously jump in value. And, UConn is going to provide a significantly greater boon to the NBE's TV payout than they ever would have in the ACC or Big 12, simply b/c if you look at the historical ratings for basketball, the highest annual TV rating (b-ball) for most programs in the OBE was against UConn. The NBE adding UConn for basketball would be a poor man's version of the Big Ten adding Notre Dame for football. There's so much history & bad blood there, the ratings will be outstanding. So if you're looking at the current AAC payout and comparing it to the current NBE payout, and thinking "this sucks, what the **** are they thinking?!?!.....when the dust settles, UConn will make MORE money in the NBE (+ whatever they do for football) than they were making in the AAC.
From a financial perspective, this is going to be a huge win for UConn. The big question is how this affects ticket sales for football. But looking at recent attendance data, I assume UConn's leadership felt a move of the football program out of the AAC couldn't hurt that revenue stream enough to off set the huge jump they'll get from the NBE side.
Django wrote:Maybe a pipe dream but Norte Dames tv contract with NBC (15 mil a year) comes up for negotiations in 2025 and they are only getting 6.8 mil from the ACC... FS1 and the Big East must step up on this one... pass the pipe PKI1998, it’s wake and bake time.
Return to Big East basketball message board
Users browsing this forum: Bing [Bot] and 20 guests