Fox - Big East exclusive negotiating window

[nelsonmuntz]

You have three options in football
1. continue what we are doing and try to minimize costs keepimg loses down and just pretemd we’re a player
2. Drop the sport completely and actually join the Big East
3. Make a serious investment in the sport for 5 years , through fundraising and losses and see if we can get in the game
Going FCS Is a bad idea because savings gains are pretty much offset by revenue losses.

The decline of the linear cable model means every league is looking at a completely new revenue model within 5 years. Together with the House decision making football much more expensive, I don't know how anyone makes any decisions on football in this environment.

 

[huskymedic]

 

[Urcea]

 

[Hogoff]

They seem to not be disclosing the money. Makes me think it’s not that great.

 

[Exit 4]

They seem to not be disclosing the money. Makes me think it’s not that great.

Maybe because there are two prices.....with and without UConn. Maybe they want to wait until the summer is over to announce which price will be in effect.

 

[ScottVib]

Interestingly, there’s not one, but two different streaming services between Peacock and Max (particularly in light of one of UConn’s concerns being the inclusion of streaming in the past (it’s actually good they got over that, just interesting), I hadn’t seen Max listed as part of the deal previously.

Peacock starts its coverage up a year earlier than the rest of the deal including the early part of the tournament.

 

[CL82]

Peacock starts its coverage up a year earlier than the rest of the deal including the early part of the tournament

Exactly-

Peacock will launch its coverage of BIG EAST men’s basketball in 2024-25 with a package of 25 regular season games and five early round and quarterfinal conference tournament.

I read that and thought, crap, I guess I have to buy peacock. I think there is a $20 for the year deal through the end of the month.

 

[pepband99]

Interestingly, there’s not one, but two different streaming services between Peacock and Max (particularly in light of one of UConn’s concerns being the inclusion of streaming in the past (it’s actually good they got over that, just interesting), I hadn’t seen Max listed as part of the deal previously.

Peacock starts its coverage up a year earlier than the rest of the deal including the early part of the tournament.

Max wouldn’t be exclusive like peacock though. It would be simulcasting what’s on the turner TV networks.

 

[ZooCougar]

This is awful.

Set up a firing squad for Val.

 

[Hogoff]

Maybe because there are two prices.....with and without UConn. Maybe they want to wait until the summer is over to announce which price will be in effect.

Fingers crossed.

 

[ScottVib]

Sportico reporting the estimated values is 75-80M annually (6.81-7.27M per school).

Estimates of the value of the new agreements see the conference nearly doubling its annual rights payments at a range of $75 million to $80 million per year.

Big East Renews With Fox, Lines Up New Rights Deals With NBC, TNT

The Big East Conference has inked a new package of six-year media rights deals, re-upping with lead partner Fox Sports while bringing on NBC Sports and TNT Sports in secondary roles. With one year left on the legacy contracts with Fox and CBS Sports, the new deal will tip off with the 2025-26...

sports.yahoo.com

 

[noeynox]

Sportico reporting the estimated values is 75-80M annually (6.81-7.27M per school).

Big East Renews With Fox, Lines Up New Rights Deals With NBC, TNT

The Big East Conference has inked a new package of six-year media rights deals, re-upping with lead partner Fox Sports while bringing on NBC Sports and TNT Sports in secondary roles. With one year left on the legacy contracts with Fox and CBS Sports, the new deal will tip off with the 2025-26...

sports.yahoo.com

Well now, thats a far cry from 14 to 15 million a year now isnt it?

 

[FfldCntyFan]

Well now, thats a far cry from 14 to 15 million a year now isnt it?

Yeah, whoever reported that the overall deal would be close to $1 billion needs to have a better grasp of the concept of close to.

 

[Spsone07]

The financial terms have not been disclosed yet, so I hope that the avg payout/term is higher than $6.8-7.2 million/Team.

The Big East's 6/30/2022 tax return shows that UConn received roughly $4.2 million, which seems mostly related to current media deal, $6.8 - 7.2 million is an upgrade.

 

[CL82]

Max wouldn’t be exclusive like peacock though. It would be simulcasting what’s on the turner TV networks.

I hope this is correct.

 

[CL82]

This is awful.

Set up a firing squad for Val.

You know depends on the numbers. If it's less than 8 million per team per year, she needs to go. if it's the estimated 12 to 14,000,000 per year, she knocked this out of the park.

 

[superjohn]

This is awful.

Set up a firing squad for Val.

She needed to go years ago but if the little that's being reported on the money is true I can't even wrap my head around what an idiot she is. This is beyond sad.

 

[HuskyAlum012]

The financial terms have not been disclosed yet, so I hope that the avg payout/term is higher than $6.8-7.2 million/Team.

The Big East's 6/30/2022 tax return shows that UConn received roughly $4.2 million, which seems mostly related to current media deal, $6.8 - 7.2 million is an upgrade.

Please share where you see $4.2M in 2022, seems extremely low.

 

[Spsone07]

Please share where you see $4.2M in 2022, seems extremely low.

Tax Exempt Organization Search | Internal Revenue Service

Search information about a tax-exempt organization’s federal tax status and filings.

www.irs.gov

Search Big East Conference, click on Tax Year 2022 Form 990, select hyperlink "2022 Form 990 Filing", page 22/49

 

[HuskyAlum012]

Tax Exempt Organization Search | Internal Revenue Service

Search information about a tax-exempt organization’s federal tax status and filings.

www.irs.gov

Search Big East Conference, click on Tax Year 2022 Form 990, select hyperlink "2022 Form 990 Filing", page 22/49

 

[Spsone07]

Where did you find the 2022 tax returns? Im only basing my findings from the IRS website, Im only seeing the 2021 tax return.

 

[HuskyAlum012]

Where did you find the 2022 tax returns? Im only basing my findings from the IRS website, Im only seeing the 2021 tax return.

Big East Conference Inc | New York, NY | 990 Report | Instrumentl

Big East Conference Inc, operating as a public charity in New York, NY, provided $58,148,540 in grants in 2023. Learn about their grant history, available funding opportunities, and review their 990 data.

www.instrumentl.com

the 2021 returns are not a good source of truth since they are severely affected by covid.

 

[ScottVib]

Front Office Sports cities sources saying it could be closer to $4.93 - $5.31M per year per school.

One source suggests to Front Office Sports that the league will see an increase of around 30% to 40% on the average annual value of the current deal. The existing package averages about $41.7 million per year, so the future deal could be worth in the $55 million range annually, divided among the league’s 11 schools.

Big East Signs Six-Year Media Deal With Fox, NBC, and TNT

The deal is a culmination of the Big East’s decade-long rebuild after football-driven conference realignment disrupted it a decade ago.

frontofficesports.com

 

[CashewCrew]

Front Office Sports cities sources saying it could be closer to $4.93 - $5.31M per year per school.

Big East Signs Six-Year Media Deal With Fox, NBC, and TNT

The deal is a culmination of the Big East’s decade-long rebuild after football-driven conference realignment disrupted it a decade ago.

frontofficesports.com

 

[noeynox]

Front Office Sports cities sources saying it could be closer to $4.93 - $5.31M per year per school.

Big East Signs Six-Year Media Deal With Fox, NBC, and TNT

The deal is a culmination of the Big East’s decade-long rebuild after football-driven conference realignment disrupted it a decade ago.

frontofficesports.com

Well damn! We keep getting farther away from that 15 million dollar figure with every passing hour.