Fox - Big East exclusive negotiating window

[noeynox]

$500K on CBSSN is still light years ahead of FCS. Georgetown gets a 1/7th share of the Patriot League football contract with ESPN+, which pays that league only $100,000 total.

That's $14,285 a school.

You could get some nice decals with that amount.

 

[AZHuskiePop]

They already have a separate football deal. It pays 500k a year to air on CBSSN. There is no chance UConn football is drawing a 10x increase, even with a streaming product.

My proposal had nothing specific to do with the Football prigram as a stand alon3 entity
it’s about leveraging our basketball ball to get an uneven distribution with the other teams thinking their giving up something
Think out of the Box

 

[ScottVib]

My proposal had nothing specific to do with the Football prigram as a stand alon3 entity
it’s about leveraging our basketball ball to get an uneven distribution with the other teams thinking their giving up something
Think out of the Box

Forgive my confusion, but you specifically said get a separate deal worth 4.5 to cover football games. I simply pointed out that deal already exists (albeit at a lower price).

Can you clarify how your idea works?

 

[WestHartHusk]

The best thing we can do for our football TV contract is schedule power schools to play us in EH. If we scheduled 3 ACC teams at home per year, in theory that should get us some percentage of the football side of the ACC TV deal (assuming you get the right schools).

 

[Patman]

The best thing we can do for our football TV contract is schedule power schools to play us in EH. If we scheduled 3 ACC teams at home per year, in theory that should get us some percentage of the football side of the ACC TV deal (assuming you get the right schools).

Just that easy, huh?

 

[AZHuskiePop]

Forgive my confusion, but you specifically said get a separate deal worth 4.5 to cover football games. I simply pointed out that deal already exists (albeit at a lower price).

Can you clarify how your idea works?

I said it was out of the box so fasten your seat belt:
The idea had little or nothing to do with UConn football stand alone market value thank god .
It was about leveraging our basketball success to get additional money from our media partners by them paying us an additional 4-5 million and cover our football games .on a platform we’re all going to buy anyway.
Using those games to promote Big East basketball since we’re the de facto Big East football conference we might get a few additional fans out of it.
When I was trained in negotiating I was taught the best deals are where everyone walks away as a winner .
Our media partners keep us happy without pissing off the other Big East members as unequal distribution generally does at really a small cost.
Plus our conference mates that bought in to Peacock have a place to go weekly to catch up on basketball and hopefully watch a conference mate win a football game .
UConn gets more money and I get to watch UConn football games on a channel I’ve subscribed to . Who knows what happens if we can attract enough eyeballs .

 

[Duncan Idaho]

$80 million split 11 ways...$7.3 million...

but may have to be cut 12 ways..

....to include BE Office...which had $11 million in expenses in 2020 (paying officials, renting MSG, Commish and staff salary, various tournament costs,ur Rush Media)

That wouldn't cover Hurley's new contract.

 

[ScottVib]

I said it was out of the box so fasten your seat belt:
The idea had little or nothing to do with UConn football stand alone market value thank god .
It was about leveraging our basketball success to get additional money from our media partners by them paying us an additional 4-5 million and cover our football games .on a platform we’re all going to buy anyway.
Using those games to promote Big East basketball since we’re the de facto Big East football conference we might get a few additional fans out of it.
When I was trained in negotiating I was taught the best deals are where everyone walks away as a winner .
Our media partners keep us happy without pissing off the other Big East members as unequal distribution generally does at really a small cost.
Plus our conference mates that bought in to Peacock have a place to go weekly to catch up on basketball and hopefully watch a conference mate win a football game .
UConn gets more money and I get to watch UConn football games on a channel I’ve subscribed to . Who knows what happens if we can attract enough eyeballs .

Ok. But the outside of the box idea is predicated on finding a media partner who says man the UConn and Big East basketball brand is so valuable that we need to pay UConn 8-10 times more than the current market rate for their football content ($500k/annually) ostensibly as an infomercial for Big East and UConn basketball… using the lure of UConn fans subscribing to watch the football games (on a platform you note the fans will likely subscribe to anyways for the basketball product).

Where is the marketing value for the media partner? You’re advertising the product to customers you likely already have with the hope of turning a few Duke or Rice into subscribers/fans of Big East basketball.

It’s a scenario where it’s a win for UConn, neutral for the Big East… but objectively it’s hard to find 4-5 million work of value for Big East/UConn advertising through UConn football games for the media partner. They get content that was already available to them (and still is for future years) at a massive mark-up over the expected market price. It makes it hard to find the win for the media partner whose contribution is a substantial overpay for content in exchange for marketing.

 

[metsfan2323]

Thank you for putting that detailed response together. I actually don’t think your football plan is that crazy. Additionally, if the ACC collapses and there’s ANY hope in getting BC/Cuse et al then that peacock plan is not crazy whatsoever.

There is a much better chance of UConn getting added to a new version of the ACC and UConn will accept the ACC's offer. The ACC TV contract could get reduced to 15 million per year and we would still accept the offer for obvious reasons.

 

[freescooter]

There is a much better chance of UConn getting added to a new version of the ACC and UConn will accept the ACC's offer. The ACC TV contract could get reduced to 15 million per year and we would still accept the offer for obvious reasons.

You mean like $15 million>$7 million. Yeah we’d accept! Plus it won’t get reduced if the ACC is modestly competent. They will be the new B12.

 

[AZHuskiePop]

Ok. But the outside of the box idea is predicated on finding a media partner who says man the UConn and Big East basketball brand is so valuable that we need to pay UConn 8-10 times more than the current market rate for their football content ($500k/annually) ostensibly as an infomercial for Big East and UConn basketball… using the lure of UConn fans subscribing to watch the football games (on a platform you note the fans will likely subscribe to anyways for the basketball product).

Where is the marketing value for the media partner? You’re advertising the product to customers you likely already have with the hope of turning a few Duke or Rice into subscribers/fans of Big East basketball.

It’s a scenario where it’s a win for UConn, neutral for the Big East… but objectively it’s hard to find 4-5 million work of value for Big East/UConn advertising through UConn football games for the media partner. They get content that was already available to them (and still is for future years) at a massive mark-up over the expected market price. It makes it hard to find the win for the media partner whose contribution is a substantial overpay for content in exchange for marketing.

The ACC pays a good % of its total Media deal for Notre Dame‘s none football content .
They’re pretty much worth a fraction of that on the open market just to keep their football associated with their conference . Plus they get a FB playoff distribution.and still remain independent. That’s how you leverage your success.. We’re not ND but we’re the Big Fish in a smaller pond.
UConn basketball as a % is as valuable to the Big East as ND loose association is to the ACC maybe even more . You should be compensated for that value.
My crazy idea as a way to keep us happy without having unequal shares. It’s that simple .
If you are happy with 1/11th of $80,000, 000 . fine .but your killing the program .
Unless there is an unequal share than I would shop UConn to the open markets as a BB only .Facing reality its What we are. . i suspect some major conferences would be interested in that arrangement
Basketball only in the B1G will get us close to $20,000,000 annually
My plan put us close to that number .
The added benefit of my plan is I get to watch UConn football as a bonus.. Football is an advertising dream so what you with that time is only limited by you .
If we signed a longer than 1 Year agreement with CBSN we deserve to be punished .

 

[ScottVib]

UConn basketball as a % is as valuable to the Big East as ND loose association is to the ACC maybe even more . You should be compensated for that value.
My crazy idea as a way to keep us happy without having unequal shares. It’s that simple .
If you are happy with 1/11th of $80,000, 000 . fine .but your killing the program .
Unless there is an unequal share than I would shop UConn to the open markets as a BB only .Facing reality its What we are. . i suspect some major conferences would be interested in that arrangement
Basketball only in the B1G will get us close to $20,000,000 annually
My plan put us close to that number .
The added benefit of my plan is I get to watch UConn football as a bonus.. Football is an advertising dream so what you with that time is only limited by you .
If we signed a longer than 1 Year agreement with CBSN we deserve to be punished .

The CBSSN deal has been in place since UConn left the AAC.

I'm not disputing that UConn is worth more than other schools to the Big East deal. What I have been saying is there isn't a realistic scenario where any provider is offering the kind of money you suggest should be paid for the UConn football product.

You have laid out a scenario that benefits UConn and is neutral for the league. However there's no benefit to the media partner to spend an 8-10× premium for over the current market value for that content. They're marketing a product to a customer base they already have on a service that base was already subscribing to.

The media partner and the league already got their deal... UConn is bound to it unless they can find a new home. There's likely language that protects the media partners for a change in conference composition; why is the media partner going to overpay for a separate product? UConn is certainly the most valuable program in the Big East, but they've agreed to conference bylaws that states all TV revenue is split equally... as far as looking at other conference alignment that would increase UConn's revenues, I would expect and certainly hope they're constantly looking at all opportunities.

 

[Luna]

What do we really know about the big east media deal?.. we know the media that’s involved.. and that a sports blogger said the deal is worth around $80 million a year

 

[freescooter]

The ACC pays a good % of its total Media deal for Notre Dame‘s none football content .
They’re pretty much worth a fraction of that on the open market just to keep their football associated with their conference . Plus they get a FB playoff distribution.and still remain independent. That’s how you leverage your success.. We’re not ND but we’re the Big Fish in a smaller pond.
UConn basketball as a % is as valuable to the Big East as ND loose association is to the ACC maybe even more . You should be compensated for that value.
My crazy idea as a way to keep us happy without having unequal shares. It’s that simple .
If you are happy with 1/11th of $80,000, 000 . fine .but your killing the program .
Unless there is an unequal share than I would shop UConn to the open markets as a BB only .Facing reality its What we are. . i suspect some major conferences would be interested in that arrangement
Basketball only in the B1G will get us close to $20,000,000 annually
My plan put us close to that number .
The added benefit of my plan is I get to watch UConn football as a bonus.. Football is an advertising dream so what you with that time is only limited by you .
If we signed a longer than 1 Year agreement with CBSN we deserve to be punished .

ND gets $17 million from the ACC. They also agree to play 4-6 football games/year. Per ND press release about extending the NBC deal, 70% of that is for the football games. 30% for basketball ( de minims for other sports).

 

[CJasmer]

ND gets $17 million from the ACC. They also agree to play 4-6 football games/year. Per ND press release about extending the NBC deal, 70% of that is for the football games. 30% for basketball ( de minims for other sports).

So basketball is worth $5.1 million. That is $2 million less than Big East TV contract.

 

[FfldCntyFan]

I cannot expressed how relieved I am to hear that ND is in such a good financial situation. I can once again sleep at night.

 

[Forte]

I cannot expressed how relieved I am to hear that ND is in such a good financial situation. I can once again sleep at night.

We should keep talking about ND, it's very interesting.

 

[AZHuskiePop]

We should keep talking about ND, it's very interesting.

i used ND only as an example of a way to leverage your name that UConn should take note of . There deal with the ACC is borderline extortion but as the old saying goes your worth is what someone is willing to pay .
i did had. an interest in why they were so adamant about independence and reviewing their budget answered my question.

 

[hoopsfan22]

The ACC pays a good % of its total Media deal for Notre Dame‘s none football content .
They’re pretty much worth a fraction of that on the open market just to keep their football associated with their conference . Plus they get a FB playoff distribution.and still remain independent. That’s how you leverage your success.. We’re not ND but we’re the Big Fish in a smaller pond.
UConn basketball as a % is as valuable to the Big East as ND loose association is to the ACC maybe even more . You should be compensated for that value.
My crazy idea as a way to keep us happy without having unequal shares. It’s that simple .
If you are happy with 1/11th of $80,000, 000 . fine .but your killing the program .
Unless there is an unequal share than I would shop UConn to the open markets as a BB only .Facing reality its What we are. . i suspect some major conferences would be interested in that arrangement
Basketball only in the B1G will get us close to $20,000,000 annually
My plan put us close to that number .
The added benefit of my plan is I get to watch UConn football as a bonus.. Football is an advertising dream so what you with that time is only limited by you .
If we signed a longer than 1 Year agreement with CBSN we deserve to be punished .

You can't do a BB only deal. If the Big East drops basketball as a sponsored sport, then you could do what you're proposing.

 

[jostar1]

You can't do a BB only deal. If the Big East drops basketball as a sponsored sport, then you could do what you're proposing.

????

He's talking about leaving the Big East for everything. Football stays independent.

As I've posted before, when people say basketball only, it's understood that the other sports have to go, too, excluding football and maybe hockey.

 

[freescooter]

I cannot expressed how relieved I am to hear that ND is in such a good financial situation. I can once again sleep at night.

I used them just to show that there are other formulas to value the football-basketball split. Paintbrush used 20%, based on Michigan State, but I think that is low for the ACC. ND, who is only a partial member says basketball is 30% which more accurately reflects the more basketball centric ACC.

 

[huskymedic]

Assisted access <<

 

[Drew]

Assisted access <<

This is a phenomenal article. Thanks for sharing. Great insights into a lot of topics and highlights a lot of the challenges for continued relevance moving forwards.

 

[CashewCrew]

Assisted access <<

Payout was reported to be roughly $7.3M a school and this article is now saying $6M, is that right?

 

[Drew]

Payout was reported to be roughly $7.3M a school and this article is now saying $6M, is that right?

the deal will escalate like almost every TV deal does over the course of time. It’s saying the overall revenue increase from the deal is 33% compared to the prior deal, but that doesn’t mean a flat bump of $1.5M a year or whatever. It’ll slowly increase from the current payout to some number at the end of the deal that is greater than 33% of our current payout and average out to a 33% bump per team over the length of the deal.