Report: Big East / NBC sports TV deal imminent

[Peter]

$20-23 million per year. Six year deal.

[Jet915]

Here is a link to the article. Also says BE7 likely to get 30-40 million a year depending on how many teams.

http://espn.go.com/ncb/conversations/_/id/8932681/sources-big-east-catholic-7-close-reaching-media-rights-deals

[admin]

The Catholic 7 schools -- DePaul, Georgetown, Marquette, Providence, St. John's, Seton Hall and Villanova -- haven't formed a new league yet, but Fox Sports has been the leader for their media rights, sources said. Fox Sports' offer would be worth between $30 million and $40 million per year depending on how many teams are in the league, sources said.

"Barring a hiccup," Fox Sports will land the media rights deal for the Catholic 7's new league, a source said.

The Catholic 7 schools and the Big East are negotiating so that the seven schools can leave a year early in 2014, a source said Friday.

"That's where both parties' mindset is at," a source said Saturday.

Again, 2014 sounds like the plan.

[QueRico]

I'd like to see the language of that offer.
The product will change so much between Year 1 & Year 2 of the contract that there has to be some sort of wiggle room for NBC if things go a little kablooey.

[Jet915]

I'd like to see the language of that offer.
The product will change so much between Year 1 & Year 2 of the contract that there has to be some sort of wiggle room for NBC if things go a little kablooey.

That's probably why it's such a low ball offer, they are probably assuming UCONN and Cincy won't be around for more than 1-2 years.

[admin]

Maybe ESPN is still in the picture?

From Blaudschun:

After working on a multi-year package with NBC Sports Network for football and basketball which will pay between $20 and 25 million per year, the Big East on Thursday also had to ponder a matching offer from ESPN, which is the current primary broadcaster holder for football and basketball for the conference.
After taking a week to finalize its strategy, ESPN on Thursday . ESPN ”matched’ the offer, but whether the criteria of matching includes promotion and programming slots equal to what NBC is offering remains unsettled.

[admin]

ESPN deal with Big East - 7 years $130M.

Brett McMurphy ‏@McMurphyESPN
Big East deal w/ESPN is $10M for 2013-14 hoops only; $20M for 2014-20 for football/hoops; CBS also worth at least $2M/year in '14

[Moliva]

$10M is peanuts for 2013-14, and at this point the Big East for 2013-14 includes the C7.

Is it worth speculating that the C7 may try to accelerate departure in light of these numbers?

[BillEsq]

$10M is peanuts for 2013-14, and at this point the Big East for 2013-14 includes the C7.

Is it worth speculating that the C7 may try to accelerate departure in light of these numbers?

I got to think you call fox up and say 12 teams sure... take the money and run.... at this point of all the teams mentioned only Dayton Seton Hall and DePaul are out of the top 100 RPI and Dayton still has a chance to make it in the top 100 and are in a down year for them. I think you guarantee a league with 8-10 teams in the top 100 RPI 66%-88% of the teams in the top 100 every year. Only the Current Big East; Big 10; and Mountain West do that now. The A-ten is close and will make it if Dayton pulls it out this year. (granted once the realignment happens the A-ten won't and you will have to replace the Big East with the C7)

[Moliva]

When is the change from Speed Channel to Fox National Sports Channel supposed to occur?