quote:Not when you have a serious PR problem like the Big 12. They need to report every penny as their tiny little dicks might get their feelings hurt if they don't. The SEC just reports what they distribute to the schools. The Big 12 will report its total revenue number, and they will keep private the distribution level. They also don't want to outright tell everyone how they lack respect for the biggest football power in TCU and give them a smaller slice of the pie.quote:This where it gets confusing. Is the conference's share deducted before the distribution amount is announced??
It means they divide the $250 Million by 11, as the Big 12 office gets a full share...
$31,070,000 per school ($455 MM Total SEC)
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Last: 8 yr ago by firethewagonup
This thread needs more delicious shag tears. Or perhaps another thread should be started documenting the spin and the sadness.
quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
I thought the same thing, hawg. Hard to interpret what they mean.
We have been over this via a FOIA request already. No reason to fight this battle.
quote:Kind of depends on how the SECN payments are structured. The first year SECN distribution will also be lower because of absorbing startup costs. We probably won't see the true value until year 2-3.quote:
And the money we got from SECN was less than half a year AND after absorbing start up costs.
Article states that SEC fiscal year ends on August 31st. Wouldn't that mean SECN Network revenues for the period September 1, 2014 thru August 31, 2015 are included in the estimate? Looks to me like the number includes the first full year of the SECN. Am I missing something?
You morons are still counting projected revenue as actual revenue. But then honesty has never been a consideration for sips.
quote:Thank you.quote:Not when you have a serious PR problem like the Big 12. They need to report every penny as their tiny little dicks might get their feelings hurt if they don't. The SEC just reports what they distribute to the schools. The Big 12 will report its total revenue number, and they will keep private the distribution level. They also don't want to outright tell everyone how they lack respect for the biggest football power in TCU and give them a smaller slice of the pie.quote:This where it gets confusing. Is the conference's share deducted before the distribution amount is announced??
It means they divide the $250 Million by 11, as the Big 12 office gets a full share...
quote:Wrong.quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
quote:Right.quote:Wrong.quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
quote:quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
I suggest you go read this.
http://texags.com/forums/6/topics/2204274
quote:Wrongquote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
don't read it horn. Ignorance is bliss
quote:Dumbassquote:Right.quote:Wrong.quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
quote:
Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.
Patently false. As mentioned, the FOIA request already debunked this.
Back to wallowing in the slums with the other poors.
quote:It's actually a good question and there isn't a simple answer. ESPN is the dominant live sports programming network in the country. They keep getting stronger with more channels over time. More power.quote:I highly disagree, as does Clay Travis, who has written on it a few times. ESPN gets around 6 buck a month from nearly every cable household in the country (this only counts ESPN, not their other channels which each have an additional monthly charge). They could charge a little more a la carte, but you'd have vastly fewer households paying it. Right now, ESPN is ridiculously lucrative because millions of non-sports fans are still paying for it.
ESPN properties (well minus one channel) are probably more valuable on an "a la carte" basis.
This is just a side point. The fact is, the SEC is only getting stronger. It hadn't reached peak dominance, while the BDF slide is just getting started.
What we know:
Lots of people are likely to drop their cable bundles in the coming years but ESPN will raise their prices and still keep a majority of the public through their own direct connections (such as the bundle of networks currently offered over the internet like Sling TV which is now available for $20/month per tv).
http://time.com/3654056/dish-network-sling-tv-espn-online/
Other point - there is only one type of program that allows advertisers to force the viewer to watch - live sports programming and that is a second stream of money to ESPN that no one else will be able to touch in the future.
Sips are about to have a group think induced mass nervous breakdown. The clock is ticking on the BDF implosion and subsequent infighting/cannabalism. Get the f'ing popcorn ready.
quote:Not quite. The $15M is an average gross over the 20 year period. If you can read contracts, here you go. LHN contract.quote:Right.quote:Wrong.quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
Where did THorn39 go? He was on a roll posting, but something must have happened to make him stop all of the sudden......
Maybe he realized what a dumbass he is.
Maybe he realized what a dumbass he is.
RD's explanation of LHN contract:
ESPN does not pay Texas $15 million every year. Read the contract, dip$#@!. Payments are quarterly, not annual. For the 2014-2015 year that I believe ends in July, the payments will total roughly $12 million. $1.5 million does not go to IMG, 17% goes to IMG for managing the university's other Tier 3 licensing deals. IMG had a contract to manage the school's Tier 3 rights and 17% was their take. When the contract with IMG expires, they will no longer get 17% of the ESPN /UT deal.
The Big 12 does not divide its revenue so that the conference office gets an equal share. The revenue goes to the conference, the conference office determines its needs, takes that money out of the pool and divides the rest 10 ways.
ESPN does not pay Texas $15 million every year. Read the contract, dip$#@!. Payments are quarterly, not annual. For the 2014-2015 year that I believe ends in July, the payments will total roughly $12 million. $1.5 million does not go to IMG, 17% goes to IMG for managing the university's other Tier 3 licensing deals. IMG had a contract to manage the school's Tier 3 rights and 17% was their take. When the contract with IMG expires, they will no longer get 17% of the ESPN /UT deal.
The Big 12 does not divide its revenue so that the conference office gets an equal share. The revenue goes to the conference, the conference office determines its needs, takes that money out of the pool and divides the rest 10 ways.
quote:
the conference office determines its needs, takes that money out of the pool and divides the rest 10 ways.
Except that's not true.
quote:Rightquote:Dumbassquote:Right.quote:Wrong.quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
I love it when rookie horn posters register with texags to post what their worldview is, and then get so thoroughly obliterated that they don't even reach their daily posting limit.
THorn39 is an incredible buffoon.
THorn39 is an incredible buffoon.
quote:You do realize that was 3 years ago and those numbers were prorated for that year only?quote:quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
I suggest you go read this.
http://texags.com/forums/6/topics/2204274
quote:Since the poor tshirt sip probably cant read, I'll highlight the important parts:quote:quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
I suggest you go read this.
http://texags.com/forums/6/topics/2204274
quote:
And here is the final split, 50/50 between the University and the Athletic Department. In all, the AD collected $3.9 million from the first year of the Longhorn Network.
quote:Thanks for highlighting that it was PRORATED from the time the channel was launched. In other words, they weren't paid for the full year since the channel wasn't on for the full year. Let me know if you have trouble comprehending...quote:Since the poor tshirt sip probably cant read, I'll highlight the important parts:quote:quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
I suggest you go read this.
http://texags.com/forums/6/topics/2204274
http://2.bp.blogspot.com/-zXYyU_gFcWA/UKEpbLFPaGI/AAAAAAAAASA/Ou5AYO-F0pM/s640/LonghornNetworkHeader.jpghttp://4.bp.blogspot.com/-FTGtphoaxOA/UKEqWuaQ3xI/AAAAAAAAASI/pjvPCCbaFYA/s640/LonghornNetwork2.jpg
http://2.bp.blogspot.com/-3C-6kpL2eMc/UKEqXHjBHJI/AAAAAAAAASQ/ymyGHnWhBdU/s640/LonghornNetwork3.jpg
http://4.bp.blogspot.com/-ILjbmpbXcv4/UKEqXQNWMXI/AAAAAAAAASY/3OYhN4PLFRM/s640/LonghornNetwork4.jpg
quote:
And here is the final split, 50/50 between the University and the Athletic Department. In all, the AD collected $3.9 million from the first year of the Longhorn Network.
Your own posters on the shag say your total revenue this year will be $11.2 million, not 15.
quote:OMG you actually came back for more skull crushing.quote:You do realize that was 3 years ago and those numbers were prorated for that year only?quote:quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
I suggest you go read this.
http://texags.com/forums/6/topics/2204274
No **** those numbers were 3 years old and pro-rated for the first year. What do you think, we went to ut?
Based on the breakdown of the first year payout, how in the **** do you come up with whatever fictional concoction that you originally posted?
quote:
Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.
Maybe in your dreams.
Came in for "stupid redneck accounting," leaving satisfied.
Yes, got it. It is a prorated amount for 9-10 months and totaled 3.9 mil for the AD. So where are you getting your 8.5 from, you water headed dildo? Did the LHN miraculously have a ~110% increase in revenue in a year?? even if they did the profits go to espn.... WTF are you arguing? You were wrong. Just face the facts.
T&P for Randi Duke's fantasy world crashing
quote:quote:You do realize that was 3 years ago and those numbers were prorated for that year only?quote:quote:Incorrect. ESPN pays Texas $15M every year. $1.5M goes to IMG, $5M goes to the school (for the first 5 years of the deal) and the athletic department takes in $8.5.quote:Nope. It means they divide the $250 Million by 11, as the Big 12 office gets a full share...LOL. That equals $22.72 Million. Then the LHN pays the University of Texas around $12 Million in 2015 per the schedule. Of the $12 Million, about $1.5 Million goes to IMG, which leaves the University with $10.5 Million, which it will split evenly between Academics and Athletics. Therefore, the Texas Athletic Department will get a total of $28 Million from its conference and its tv money.
If the Big 12 is distributing $250 million, then does that mean tu gets $25 million plus its $15 million from ESPN for the LHN ($40 million total)?
POOR EFFING TSIPS
I suggest you go read this.
http://texags.com/forums/6/topics/2204274
Then let us fast forward to 2014, shall we?
http://www.forbes.com/sites/chrissmith/2014/03/04/longhorn-network-scores-major-victory-with-dish-network-carriage-deal/
quote:
Securing wider distribution is key for ESPN, particularly because its rights fee increases by 3% annually, which means its LHN investment will only become more expensive. ESPN owes around $11.65 million this year, and its rights fee will surpass the $15 million average payout within the decade.
You won't see $15MM until at least 2020, and that is due to the 3% annual escalation. In order to get to a value of $300MM AT THE END OF THE CONTRACT, (because that is what the $300 is based on), and given a 3% escalation over 20 years, paid quarterly at the beginning of each quarter, the total year 1 revenue has to be around $10.9MM, which is exactly what is stated in the contract.
For the dimwit sips that won't read that, $15MM doesn't happen until at least 2020.
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