DudeAnon wrote:Xudash wrote:You may want to read that again, and it's not even in the fine print: Those rights holders are contractually bound to provide "pro rata" for any new Big 12 members. That is, any new members would be paid an equal share of the current Big 12 members -- approximately $23 million per year.
In other words, the distribution per existing member goes nowhere.
Seriously, the existing 10 could not realize any form of material lift on the media side of the equation. Don't you think they would have announced two or 4 candidates already if it were true that the existing membership could nab from $500 million to $1 billion in incremental media rights revenue?
Touche. I still hope Cincy gets picked up somewhere, I feel bad for my Cincy fan relatives who have pretty much completely given up on the school.
gtmoBlue wrote:DudeAnon wrote:Xudash wrote:You may want to read that again, and it's not even in the fine print: Those rights holders are contractually bound to provide "pro rata" for any new Big 12 members. That is, any new members would be paid an equal share of the current Big 12 members -- approximately $23 million per year.
In other words, the distribution per existing member goes nowhere.
Seriously, the existing 10 could not realize any form of material lift on the media side of the equation. Don't you think they would have announced two or 4 candidates already if it were true that the existing membership could nab from $500 million to $1 billion in incremental media rights revenue?
Touche. I still hope Cincy gets picked up somewhere, I feel bad for my Cincy fan relatives who have pretty much completely given up on the school.
The B12 conference itself would gain additional expense monies: $11 M for 2 new schools, $22M for 4...at roughly 5.5M per school (distribute 90% of revenues). PAC 12 distributes much less due to costs of owning/operating its' PAC12 Network.
Xudash wrote:
Extraordinary article. Best I've ever read on the subject. Thanks for sharing.
There are a lot of crushed people in Storrs, Cincinnati, Memphis, Houston, etc. if they've already taken the time to read it. Good night Irene when it comes to expansion.
With some of the same logic applied - that particularly related to the economics involved in the media deals - I would think that the odds of the Big East expanding went from a low % to 0.
marquette wrote:Xudash wrote:
Extraordinary article. Best I've ever read on the subject. Thanks for sharing.
There are a lot of crushed people in Storrs, Cincinnati, Memphis, Houston, etc. if they've already taken the time to read it. Good night Irene when it comes to expansion.
With some of the same logic applied - that particularly related to the economics involved in the media deals - I would think that the odds of the Big East expanding went from a low % to 0.
The most interesting thing to me is that the ACC is falling behind in revenue and might wind up being the big 12's target. If they steal a couple of ACC schools, does the ACC bother to call up a couple AAC schools? They still won't be able to make a conference network (which appears to be a dead strategy anyway), espn won't want to pay more for schools it already has, and with the new rules they don't need 12 anymore. I don't see it.
The other interesting tidbit was the part about the subscription based streaming app. That's something we could also do with relatively low overhead and it could generate some nice revenue.
DeltaV wrote:ACC is more stable, but has more desirable products. All the Big 12 really has is Texas, which is like the hot chick who is so crazy that no one in their right mind really wants to date her.
And if they have money that they could offer to remnants of a post BIG/SEC raid of the ACC...well, things then get interesting. I think it comes down to who bites first...the ACC or the Big12. Its kinda like being in Poland during WWII before Barbarossa.
DudeAnon wrote:Xudash wrote:You may want to read that again, and it's not even in the fine print: Those rights holders are contractually bound to provide "pro rata" for any new Big 12 members. That is, any new members would be paid an equal share of the current Big 12 members -- approximately $23 million per year.
In other words, the distribution per existing member goes nowhere.
Seriously, the existing 10 could not realize any form of material lift on the media side of the equation. Don't you think they would have announced two or 4 candidates already if it were true that the existing membership could nab from $500 million to $1 billion in incremental media rights revenue?
Touche. I still hope Cincy gets picked up somewhere, I feel bad for my Cincy fan relatives who have pretty much completely given up on the school.
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