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AAC, ESPN Agree To 12-Year Media-Rights Deal Worth $1B

PostPosted: Tue Mar 19, 2019 3:19 pm
by MUPanther
https://www.sportsbusinessdaily.com/Dai ... 9/AAC.aspx

The annual per-school average of $6.94M provides each AAC school with nearly $5M more in annual revenue.

Re: AAC, ESPN Agree To 12-Year Media-Rights Deal Worth $1B

PostPosted: Tue Mar 19, 2019 3:29 pm
by ArmyVet
Selling their soul for a 12 year deal? Who know what the TV marketplace will be like a decade from now.

Re: AAC, ESPN Agree To 12-Year Media-Rights Deal Worth $1B

PostPosted: Tue Mar 19, 2019 3:37 pm
by scoscox
Is that football and basketball or just basketball?

Re: AAC, ESPN Agree To 12-Year Media-Rights Deal Worth $1B

PostPosted: Tue Mar 19, 2019 3:48 pm
by adoraz
$6.94M? Isn't that below expectations? I thought people were expecting around $8-$10M.

Regardless, obviously a nice step up.

Re: AAC, ESPN Agree To 12-Year Media-Rights Deal Worth $1B

PostPosted: Tue Mar 19, 2019 3:54 pm
by ArmyVet
scoscox wrote:Is that football and basketball or just basketball?

Everything. On ESPN + apparently too. Worse than I thought.

Re: AAC, ESPN Agree To 12-Year Media-Rights Deal Worth $1B

PostPosted: Tue Mar 19, 2019 4:02 pm
by scoscox
Wow. That's horrible.

Re: AAC, ESPN Agree To 12-Year Media-Rights Deal Worth $1B

PostPosted: Tue Mar 19, 2019 4:11 pm
by scoscox
adoraz wrote:$6.94M? Isn't that below expectations? I thought people were expecting around $8-$10M.

Regardless, obviously a nice step up.


A step up from their previous deal, but I'm not sure it's even enough to keep some of the programs from operating at a loss. They were receiving roughly this amount of money yearly with the Big East payouts that are going to end and I know atleast UC and UCONN have been operating at massive losses since forming the AAC. And to have the "majority" of their games on ESPN+ is horrific. really bad deal

Re: AAC, ESPN Agree To 12-Year Media-Rights Deal Worth $1B

PostPosted: Tue Mar 19, 2019 4:33 pm
by kayako
I'm curious how they divide it between Navy and Wichita State.

Re: AAC, ESPN Agree To 12-Year Media-Rights Deal Worth $1B

PostPosted: Tue Mar 19, 2019 4:34 pm
by zebrapoodle23
adoraz wrote:$6.94M? Isn't that below expectations? I thought people were expecting around $8-$10M.

Regardless, obviously a nice step up.


Out of curiosity, what is fox giving each per-school average here in the big east?

Re: AAC, ESPN Agree To 12-Year Media-Rights Deal Worth $1B

PostPosted: Tue Mar 19, 2019 4:38 pm
by Xudash
zebrapoodle23 wrote:
adoraz wrote:$6.94M? Isn't that below expectations? I thought people were expecting around $8-$10M.

Regardless, obviously a nice step up.


Out of curiosity, what is fox giving each per-school average here in the big east?


Well, look at it this way: the AAC is getting $1B for 12 years between 12 schools for all sports.

Fox's deal with the BE was a 12-year deal for $500 million for 10 schools, obviously driven by basketball and no football.

Frankly, not that they had any leverage otherwise, that is a disastrous deal for the AAC. Simply not enough revenue to support the expense base for every program in that league.