Fox - Big East exclusive negotiating window

[Blue Idiaco]

Uconn making the same as Depaul or Butler or Seton Hall or any other team is as dumb s Vanderbilt and Miss st making the same as Alabama and Georgia

 

[FfldCntyFan]

Interesting article but he was either misinformed or deliberately misrepresented the split in 2014. The non-football schools left.

 

[billybud]

Interesting article but he was either misinformed or deliberately misrepresented the split in 2014. The non-football schools left.

The basketball-football rift became fatal...

Sports Business Journal :

The league’s deeply rooted divisions turned fatal amid negotiations for a new television contract in April 2011. Reports at the time indicated former Big East Commissioner John Marinatto, who died in 2021, recommended the Big East accept a nine-year deal from ESPN worth $1.17 billion — good for an average of $130 million annually. The problem, though, centered on non-football members netting just $2.43 million annually compared to the $13.8 million the football membership would receive. The league presidents voted the deal down.

ESPN carried an exclusive negotiating window into November 2012 that eventually came and went without a deal, sending the Big East onto the open market.

In the midst of the television negotiation chess, Notre Dame, Rutgers and West Virginia left the league. Longtime stalwarts Pittsburgh and Syracuse departed too, while Marinatto resigned as commissioner on May 7, 2012.

 

[Irvine]

So basically UConn men and women will continue to subsidize others.

So be it. I don't think we win our two NCs under Hurley without the change in conference.

 

[Irvine]

The basketball-football rift became fatal...

Sports Business Journal :

The league’s deeply rooted divisions turned fatal amid negotiations for a new television contract in April 2011. Reports at the time indicated former Big East Commissioner John Marinatto, who died in 2021, recommended the Big East accept a nine-year deal from ESPN worth $1.17 billion — good for an average of $130 million annually. The problem, though, centered on non-football members netting just $2.43 million annually compared to the $13.8 million the football membership would receive. The league presidents voted the deal down.

ESPN carried an exclusive negotiating window into November 2012 that eventually came and went without a deal, sending the Big East onto the open market.

In the midst of the television negotiation chess, Notre Dame, Rutgers and West Virginia left the league. Longtime stalwarts Pittsburgh and Syracuse departed too, while Marinatto resigned as commissioner on May 7, 2012.

Curious if the money Big East schools will get puts funding for their basketball programs on par with the ACC and B12. Sure ACC and B12 schools get $30-40M a year but a big percentage of that is allocated to football.

 

[billybud]

Football has been noted as being accountble for about 80% of the ACC payouts...ACC payed out an average of $ 44.6 million per football playing school (everybody but the Irish) in 2022-23.

20% would be near $9 million.

 

[UConnJim]

Football has been noted as being accountble for about 80% of the ACC payouts...ACC payed out an average of $ 44.6 million per football playing school (everybody but the Irish) in 2022-23.

20% would be near $9 million.

$44.6 million is not the ACC media contract value, it's about $30 million. And, the ACC media contract is thought to be closer to 30% basketball which gets you to the same $9 million.

 

[Irvine]

By those calculations the Big east want to get to right around the $9-10M mark and then they are at parity with ACC/B12 schools.

 

[CL82]

By those calculations the Big east want to get to right around the $9-10M mark and then they are at parity with ACC/B12 schools.

 

[billybud]

$44.6 million is not the ACC media contract value, it's about $30 million. And, the ACC media contract is thought to be closer to 30% basketball which gets you to the same $9 million.

Link to 30 percent? Numerous sources including Swofford have indicated 20 percent.

 

[billybud]

As I said …$44.6 million was the payout. That is indeed total payout.

 

[UConnJim]

As I said …$44.6 million was the payout. That is indeed total payout.

Total conference payment for an all sports conference has no relation to the Big East media contract, but there is a relation to a conference's media contract. 20% of $44.6 million conference payout to estimate $9 million is not relevant.

 

[billybud]

"For example, in this latest contract with ESPN, 80 percent of it is generated by football," Phillips told TigerNet.com. "As good as basketball has been in the ACC, it is very evident just through this contract that the football has to be very, very relevant."

 

[billybud]

sooo...$30.7 million X 20 percent is...about $6 million...or 1/7 of the payout...I really didn't get that round ball was so under valued..

 

[UConnJim]

Link to 30 percent? Numerous sources including Swofford have indicated 20 percent.

The ACC is different from the SEC and Big 10 when it comes to college basketball as the Duke/UNC basketball matchups (2x per year) are the biggest draws in the college basketball regular season. The 2 meetings had a total of 5.5 million viewers. (Compared to the 5.07 million that watched the FSU/Florida football game.) And, throw in the ACC basketball tournament which has 14 games with 11 on ESPN. Remember, the SEC and Big 10 football ratings blow away the ACC but the ACC has better basketball ratings than the SEC. I have seen the 30% number tossed out for the ACC (20% for SEC and Big 10) in the past in analysis that looked at total ACC basketball vs ACC football ratings. Remember, the ACC has an incentive to say they are a top football conference to show they belong with the SEC and Big 10, but, in reality, they are the top watched college basketball conference and the 3rd or 4th most watched football conference. (Texas and Oklahoma leaving the Big 12 clouds the issue.) We are talking about just the media revenues not the conference revenues as the total conference revenues are probably 80% football/20% basketball due to the CFP, but that is skewed by how you allocate the ACCN revenues (3 months of football vs 5 months of basketball).

 

[billybud]

I understand the UNC/Duke BB popularity...but the ACC media contracts have still been described as 80-20 football/basketball...by DeFillipo..Swofford..by the AD of Clemson. It could, maybe, have been a short hand way of describing total revenue.

I looked at Sportico's data base...for UConn and UNC...the media right money for UConn looked "hinkey"...

Sportico’s Intercollegiate Finance Database

Sportico is maintaining an interactive, real-time database that tracks the official balance sheets of public FBS university athletic departments.

www.sportico.com

 

[cellocgg]

I understand the UNC/Duke BB popularity...but the ACC media contracts have still been described as 80-20 football/basketball...by DeFillipo..Swofford..by the AD of Clemson. It could, maybe, have been a short hand way of describing total revenue.

I looked at Sportico's data base...for UConn and UNC...the media right money for UConn looked "hinkey"...

Sportico’s Intercollegiate Finance Database

Sportico is maintaining an interactive, real-time database that tracks the official balance sheets of public FBS university athletic departments.

www.sportico.com

There's no way, maybe that is outdated

 

[FfldCntyFan]

I understand the UNC/Duke BB popularity...but the ACC media contracts have still been described as 80-20 football/basketball...by DeFillipo..Swofford..by the AD of Clemson. It could, maybe, have been a short hand way of describing total revenue.

I looked at Sportico's data base...for UConn and UNC...the media right money for UConn looked "hinkey"...

Sportico’s Intercollegiate Finance Database

Sportico is maintaining an interactive, real-time database that tracks the official balance sheets of public FBS university athletic departments.

www.sportico.com

I imagine that the one P level conference that you could calculate an actual percentage split of media revenues between football and basketball is the ACC. ND receives a full share of basketball revenue. From this you could determine the basketball portion of media revenues for all members.

 

[billybud]

ND gets 20 percent plus bowl money.

 

[UConnTrumbull]

So be it. I don't think we win our two NCs under Hurley without the change in conference.

UConn has "repaid" the Big East several times over already. We owe the conference nothing at this point.

 

[CL82]

UConn has "repaid" the Big East several times over already. We owe the conference nothing at this point.

It's a mutually beneficial relationship, until it isn't.

 

[WestHartHusk]

It's a mutually beneficial relationship, until it isn't.

And it isn’t. In addition to most of the men’s side being ratings drags, the conference is also trying to ride the women’s hoops momentum while investing $0 in it other than UConn.

 

[cellocgg]

And it isn’t. In addition to most of the men’s side being ratings drags, the conference is also trying to ride the women’s hoops momentum while investing $0 in it other than UConn.

UConn is to DePaul as Michigan is to Northwestern

 

[CL82]

And it isn’t. In addition to most of the men’s side being ratings drags, the conference is also trying to ride the women’s hoops momentum while investing $0 in it other than UConn.

On the other hand we have nowhere else to go. We have a history in the big east that are continued association reminds people of. The conference has good brand recognition. Short of the P4 it's the best we can do for the time being.

 

[TerryD]

ND gets 20 percent plus bowl money.

Plus a full share of ACC Network profits.