On August 5, 2021 Xudash wrote:
Maybe it has been covered, but I cannot remember seeing anything about it: has our media agreement with Fox already adjusted for the addition of UCONN? Remember the disclosure about there being a true-up provision for the addition of numbers 11 or 12. That specifically is what I am wondering about; did we adjust - did Fox adjust - under that provision for the addition of UCONN?
The new Big East yesterday formally inked a 12-year, $500M contract with Fox Sports, a “sum that will rise" to $600M if, "as expected, the league expands to 12 members,” according to Richard Sandomir of the N.Y. TIMES.
On August 5, 2021 Xudash wrote:
Beyond that, when should we expect negotiations to begin for the new agreement?
On August 5, 2021 Xudash wrote:
Additions have to make sense economically, and they must want to be a part of our conference.
Football is -- as always -- the driving force behind realignment, but college basketball could end up a winner
The quality of a school's men's basketball program is mostly meaningless in these landscape-changing conversations -- and we were reminded of such recently when the SEC added Texas and Oklahoma, leaving one of the sport's biggest brands (Kansas), the reigning national champ (Baylor) and one of the eight most recent Final Four participants (Texas Tech) in a diminished Big 12 that's vulnerable and perhaps in jeopardy of losing Power Five status.
Baylor Athletic Director Mack Rhoades said: "Being in a Power Five conference is critically important to recruiting students. You just can't buy that quality of publicity. If we are no longer a member of a Power Five conference, we will sell less tickets, we will sell less merchandise, we will raise less money."
Conference • Total per School • 80% to Football • 20% to Basketball
► Big Ten • $54,300,000 • $43,440,000 • $10,860,000
► SEC • $45,500,000 • $36,400,000 • $9,100,000
► Big 12 • $39,000,000 • $31,200,000 • $7,800,000
► Pac-12 • $35,000,000 • $28,000,000 • $7,000,000
► ACC • $35,000,000 • $28,000,000 • $7,000,000
On August 5, 2021 Xudash wrote:
Additions [to the Big East] have to make sense economically, and they must want to be a part of our conference.
Institution • Location • Founded • Enrolment
University of Central Florida • Orlando, Florida • 1963 • 68,571
University of Cincinnati • Cincinnati, Ohio • 1819 • 45,949
East Carolina University • Greenville, North Carolina • 1907 • 28,718
University of Houston • Houston, Texas • 1927 • 46,324
University of Memphis • Memphis, Tennessee • 1912 • 21,458
University of South Florida • Tampa, Florida • 1956 • 50,830
Southern Methodist University • Dallas, Texas • 1911 • 11,649
Temple University • Philadelphia, Pennsylvania • 1884 • 39,755
Tulane University • New Orleans, Louisiana • 1834 • 11,722
University of Tulsa • Tulsa, Oklahoma • 1894 • 3,343
Wichita State University • Wichita, Kansas • 1895 • 15,778
University of Central Florida • Revenue • Expense • Profit
Football • $15,173,200 • $8,507,856 • $6,665,344
Men’s Basketball • $2,279,998 • $2,134,978 • $145,020
Women’s Basketball • $416,214 • $1,370,168 • -$953,954
Other Sports – Men’s • $805,958 • $1,978,860 • -$1,172,902
Other Sports – Women’s • $1,698,109 • $4,737,880 • -$3,039,771
Athletic Department Net Profit: $1,643,737.00
As you can see, UCF turns a profit when it comes to strictly viewing team revenues and expenses thanks to profits from football and men’s basketball. This is before you add in their $17.5 million in student fees. However, it’s also before you add in costs like coaches salaries ($5.9m), recruiting ($559k), gameday operating expenses ($3.6m) and student aid ($5.7m). With those expenses included, it takes student fees, alumni contributions and other revenue from sources like licensing and advertising to allow UCF to turn an overall profit in the athletic department.
Xudash wrote:Maybe it has been covered, but I cannot remember seeing anything about it: has our media agreement with Fox already adjusted for the addition of UCONN? Remember the disclosure about there being a true-up provision for the addition of numbers 11 or 12. That specifically is what I am wondering about; did we adjust - did Fox adjust - under that provision for the addition of UCONN?
Beyond that, when should we expect negotiations to begin for the new agreement?
Beyond that, should football realignment open up brands that are currently P5/football oriented, it will be interesting to see how the Big East and Fox will balance conference size with media payouts per team, etc. If college football goes to super conferences, with some of the P5 schools getting left behind, and the NCAA tournament survives in the inclusive/Cinderella model, what will that mean for the BE’s direction?
Additions have to make sense economically, and they must want to be a part of our conference.
Husky_U wrote:Boston College basketball is UCONN football. Ain't nobody want that.
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