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Big Ten sticks with ESPN for half of its games and gets paid well

3,365 Views | 11 Replies | Last: 9 yr ago by Sasappis
45-70Ag
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http://m.sportsbusinessdaily.com/Journal/Issues/2016/06/20/Media/ESPN-Big-Ten.aspx?
Kemo Sabe
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For football thats damn good money for some regional low national interest games like Illinois vs Purdue, northwestern vs Indiana, etc.
45-70Ag
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To increase their payout after all this downsizing and speculation that networks wouldn't pay like they have been is impressive.

A payout of 40 million plus for each school is huge.
aggiehawg
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quote:
To increase their payout after all this downsizing and speculation that networks wouldn't pay like they have been is impressive.

A payout of 40 million plus for each school is huge.
Guess the cord-cutting has been overblown and ESPN is still a player.

Horrible news for the Big XII.

Thank You, Loftin!! Tuck Fexas!
Zombie Jon Snow
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quote:
To increase their payout after all this downsizing and speculation that networks wouldn't pay like they have been is impressive.

A payout of 40 million plus for each school is huge.

Where do you get 40?

440 million / 14 teams plus taking some for the conference office (that is common) is about $30 million per team.

And as recently as 2014-15 they were getting only $1 million each from the BTN.

But Nebraska, Rutgers, Maryland are all on partial shares until 2018 (NU) or 2021 for the other 2. that means the original members will get more than that in the short term I suppose.

Just not seeing where this is a huge bump.
45-70Ag
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Listening to college xm and they had a guy from the sports business journal who said the payout with everything combined once it takes effect will be 40 million plus.
Bird Poo
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I bet OU is feverishly working on that AAU application!
Zombie Jon Snow
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Listening to college xm and they had a guy from the sports business journal who said the payout with everything combined once it takes effect will be 40 million plus.

Ok well thinking about it now, this is just TV money we are talking about here - i mean in the linked article. And I thought that is what you were referring to. This other guy on XM could have been talking about all revenue...

There is also bowl appearance and bball tournament appearance money that also gets divided up to conference members after expenses are deducted.

So ok it could approach $40 million per team with all of that.

aggiehawg
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The ESPN deal is just for one-half of the TV rights. Fox has the other half and paid more for the first picks.
Zombie Jon Snow
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The ESPN deal is just for one-half of the TV rights. Fox has the other half and paid more for the first picks.

yeah BOTH were listed in the article and the $10 million from bball. It said a total of 2.64 billion over 6 years and $440 million from football...thats 250 from FOX and 190 from ESPN.

Still ~30 million per team.

But as I noted above it does not include BTN (maybe 1 million or more) and does not include bowl and tournament money. So the guy referencing 40 million per team (thats not in the article) must be talking about TOTAL revenue. Not TV revenue.

aggiehawg
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Cool. There are a lot of people who get confused because it is a little unusual to piece these deals out in this manner. Usually both are negotiated and announced at about the same time.

Have already seen some Big XII boards assuming the ESPN deal is the whole deal and represents a huge blow to the B1G, instead of the windfall it is. Especially for such a short deal, only six years or so.
45-70Ag
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And the radio guy said it had enhancers on certain years that will increase the payout.
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