BIG EAST EXPANSIONNew Big East adds three, seals deal with Fox – USA Today –
March 20, 2013The "Catholic 7" has grown to the Catholic 10. And Wednesday, they took a major step toward officially becoming the Big East.
As expected, the seven non-football schools that announced a breakaway from the Big East in December officially added Xavier, Butler, and Creighton, and celebrated a new media rights deal with Fox during a news conference at News Corp.'s headquarters in New York.
Fox, which is launching Fox Sports 1 this fall as a would-be competitor to ESPN, wanted the programming sooner rather than later and paid handsomely to get it. Multiple reports have valued the deal at $ 500 million over 12 years, which would be more money per school for the Catholic 7 than they earned from television in the old Big East.
The league, which will keep the Big East name after a negotiation with the football schools, begins play with a 10-team line-up in 2013-14. The league is expected to grow to 12 teams, perhaps as early as 2014-15. Current A10 members Saint Louis and Dayton are thought to be primary targets if/when the Big East expands again.
Fox TV Contract Year. Basketball Season1. 2013-14 . . . . . 7. 2019-20
2. 2014-15 . . . . . 8. 2020-21
3. 2015-16 . . . . . 9. 2021-22
4. 2016-17 . . . . 10. 2022-23
5. 2017-18 . . . . 11. 2023-24
6. 2018-19 . . . . 12. 2024-25
Unless something very unexpected happens in the next few years (such as Big East basketball ratings dropping significantly or UConn abandoning its big-time football aspirations), here’s the way I envisage any potential Big East expansion to occur:
(1) The Big East will remain a 10-school conference through the end of the 2024-25 season.
(2) Beginning with the 2025-26 season, the Big East will have a new TV rights contract in place with Fox Sports (or another major network) as a 10 or 12 school conference.
(3) The ‘ground work’ for possible BE expansion should begin around April 2023. By then, both the Big East and Fox Sports will have ten years of data at their disposal, a year to evaluate that data and evaluate potential expansion candidate schools, and two seasons before the expansion schools (if any) begin play in the Big East in the 2025-26 season.
(4) The ‘ground work’ for the Big East schools would include: (a) determining a list of expansion candidate criteria, and the relative weights to be assigned to each criterion, (b) determining a ‘short list’ of candidate schools, and (c) evaluating each candidate school with respect to the weighted criteria.
(5) The ‘ground work’ for Fox Sports would include: (a) reviewing actual annual revenue and profit/loss vs. projected annual revenue and profit/loss for the first ten years of their contract with the BE, (b) reviewing the contract amounts between other conferences and other TV networks, and (c) conduct specific college basketball TV market research for each school on the Big East’s short list.
(6) After Fox Sports completes their ground work, they will be in a position to advise the Big East of their anticipated offers for a new TV rights contract beginning with the 2025-26 season: (a) for the present 10-team conference, and (b) for various proposed 12-team conferences. Fox Sports will likely encourage the Big East to expand, because if two teams are added, it would increase game inventory and revenue for Fox Sports and therefore increase the value of the Big East TV rights contract.
(7) After the Big East completes their ground work and receives the feedback from Fox Sports, the Presidents of the Big East schools will conduct a formal vote on expansion to publicly confirm what they have previously decided in private discussions. I would expect this to happen in March or April 2024.
In short, it would be advantageous to Fox Sports for the Big East to expand. If Fox Sports wants a 12-team Big East, it can offer the Big East more annual revenue per school for a 12-team conference than for a 10-team conference.
If Fox Sports is willing to pay more money per year per school for a 12-team conference compared to a 10-team conference, the Big East will likely expand.
If Fox Sports is NOT willing to pay more money per year per school for a 12-team conference compared to a 10-team conference, the Big East will likely NOT expand.While the choice of whether or not to expand (and if so, which schools to invite) is ultimately the prerogative of the ten Presidents of the Big East schools, I believe that their decisions will be strongly influenced by the preliminary offers that Fox Sports will privately convey to the Big East schools.
There is also the possibility that the Big East or Fox Sports (or both) may want to move the time table forward by a couple of years in order allow two expansion teams to ‘establish’ themselves in the Big East prior to the negotiation of the next Big East TV rights contract. As you may recall, the present contract between Fox Sports and the Big East includes a provision for
pro rata increases in TV rights for expansion schools.