Fox - Big East exclusive negotiating window

[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.

 

[Sole]

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.

 

[UConnTrumbull]

So if the deal is a 33% increase for every school. But UConn lost SNY. Aren’t we essentially breaking even?

 

[Kolumbo]

Conferences should go to a fairly simple payout model. Equal Revenue Sharing after bonuses are paid, and bonuses are paid to programs based on performance. That way the top programs get paid for performing and the slackers get their guaranteed amount for just riding along, and like it.

 

[jostar1]

So if the deal is a 33% increase for every school. But UConn lost SNY. Aren’t we essentially breaking even?

When UConn joined the Big East, they were no longer getting money from SNY. The broadcast rights to all Big East games are owned by Fox Sports. Fox Sports sub-licensed the games to SNY.

SNY reaches deal with Fox Sports, will continue carrying UConn women’s basketball games
ALEX PUTTERMAN FEBRUARY 26, 2020

SNY has carried a package of Huskies sporting events each year since 2012, with women’s basketball at the center. The relationship between the school and the network had come into question when UConn jumped from the American Athletic Conference to the Big East, leaving SNY to negotiate with Fox Sports, which owns Big East broadcast rights.
This new, multi-year agreement, announced during UConn’s game against Cincinnati on Wednesday, will let SNY air up to 18 UConn women’s games a year, as well as pre- and post-game shows.

“Very exciting," color commentator Meghan Culmo said on the broadcast. "As UConn is moving to the Big East, we are excited to remain a part of the broadcast.”

Huskies athletic director David Benedict, in a statement released just after the announcement, referred to the “special partnership” between SNY and UConn.

“I am excited to hear that Fox and SNY have reached an agreement that will allow our fans to continue to watch UConn women’s basketball on SNY,” director of athletics David Benedict said. “Our women’s basketball team has set an unmatched standard of excellence over the years and so many people at SNY have worked extremely hard to deliver an outstanding product to our fans around the country.”

Added SNY president Steve Raab: “We are thrilled to continue to serve UConn’s passionate fans on SNY through this agreement with Fox Sports. SNY could not be prouder of its partnership with Geno and the UConn women’s basketball program."

 

[UConnTrumbull]

When UConn joined the Big East, they were no longer getting money from SNY. The broadcast rights to all Big East games are owned by Fox Sports. Fox Sports sub-licensed the games to SNY.

SNY reaches deal with Fox Sports, will continue carrying UConn women’s basketball games
ALEX PUTTERMAN FEBRUARY 26, 2020

SNY has carried a package of Huskies sporting events each year since 2012, with women’s basketball at the center. The relationship between the school and the network had come into question when UConn jumped from the American Athletic Conference to the Big East, leaving SNY to negotiate with Fox Sports, which owns Big East broadcast rights.
This new, multi-year agreement, announced during UConn’s game against Cincinnati on Wednesday, will let SNY air up to 18 UConn women’s games a year, as well as pre- and post-game shows.

“Very exciting," color commentator Meghan Culmo said on the broadcast. "As UConn is moving to the Big East, we are excited to remain a part of the broadcast.”

Huskies athletic director David Benedict, in a statement released just after the announcement, referred to the “special partnership” between SNY and UConn.

“I am excited to hear that Fox and SNY have reached an agreement that will allow our fans to continue to watch UConn women’s basketball on SNY,” director of athletics David Benedict said. “Our women’s basketball team has set an unmatched standard of excellence over the years and so many people at SNY have worked extremely hard to deliver an outstanding product to our fans around the country.”

Added SNY president Steve Raab: “We are thrilled to continue to serve UConn’s passionate fans on SNY through this agreement with Fox Sports. SNY could not be prouder of its partnership with Geno and the UConn women’s basketball program."

Thanks for clarifying

 

[WestHartHusk]

Isn't this the AAC playbook...monetize UConn's worth to share with the worthless?

 

[Drew]

Isn't this the AAC playbook...monetize UConn's worth to share with the worthless?

Yeah but don’t say that too loudly or people will get irrationally mad for no reason

 

[Ha Who]

Isn't this the AAC playbook...monetize UConn's worth to share with the worthless?

Isn’t that how FSU and Clemson feel or are there no dregs in the ACC, SEC, BIG?

 

[Dream Jobbed 2.0]

Do we know the money yet?

 

[FfldCntyFan]

Isn’t that how FSU and Clemson feel or are there no dregs in the ACC, SEC, BIG?

I'm sure it is. There are a couple of critical points that your statements excludes however:

• The ACC han't changed anything (beyond composition of the conference, which all member schools had to opportunity to vote one, when it came to pass and, the ACC had altered its payout methodology to appease schools that earn more of the revenues. The AAC's initial media contract did not include tier 3 content. Everey member outside of UConn provided zero value with this while UConn was able to make a reasonable amount from local broadcasts of non conference women's basketball games. The subsequent contract (which led to UConn investigating a return to the BE) handed tier 3 rights to ESPN with an equal revenue distribution to all member schools (and bragging about the value they were receiving for tier 3).
• The ACC's revenue sports as a whole are not dominated by FSU and Clemson. In fact, with the second highest earning sport, neither school would crack the conference's top five in terms of market value.

 

[Drew]

Do we know the money yet?

33% increase in total revenue off the previous deal which someone said averages to ~$5.7M annually over the 6 year deal (I’m too lazy to look up the numbers do the math and validate)

 

[billybud]

I'm sure it is. There are a couple of critical points that your statements excludes however:

• The ACC han't changed anything (beyond composition of the conference, which all member schools had to opportunity to vote one, when it came to pass and, the ACC had altered its payout methodology to appease schools that earn more of the revenues. The AAC's initial media contract did not include tier 3 content. Everey member outside of UConn provided zero value with this while UConn was able to make a reasonable amount from local broadcasts of non conference women's basketball games. The subsequent contract (which led to UConn investigating a return to the BE) handed tier 3 rights to ESPN with an equal revenue distribution to all member schools (and bragging about the value they were receiving for tier 3).
• The ACC's revenue sports as a whole are not dominated by FSU and Clemson. In fact, with the second highest earning sport, neither school would crack the conference's top five in terms of market value.

With the ACC media 80 percent football, being in the conference top five in basketball has some meaning. But not much. FSU and Clemson are the values. Virginia, as an example, is the least watched in football but may have some basketball viewership.

 

[Storrs South]

Do we know the money yet?

It was reported by John Ourand about $80 a year or about $7 million a team. The 33% cited in the article today lacks context and I’m going to trust Ourand’s reporting over pretty much anyone on this topic since no one is more plugged into this topic than him.

 

[Kolumbo]

Well I'd say Butler is the big winner. Smallest school, smallest endowment, joined the conference in 2013 and will now be getting over $7 mill/year. Butler has a winning percentage of 56% overall and 45% in conference since joining the Big East. Hasn't made the dance the past 6 seasons although it kind of got stiffed in 2020. Seriously, there has to be a bonus portion for teams that are performing and carrying the deadweight.

 

[Storrs South]

Seriously, there has to be a bonus portion for teams that are performing and carrying the deadweight.

This already exists

 

[Kolumbo]

This already exists

Good! I didn't realize the disparity was so large due to tourney payouts. But maybe it should be even larger.

 

[Storrs South]

Good! I didn't realize the disparity was so large due to tourney payouts. But maybe it should be even larger.

In fairness, the disparity isn't that big, it's just presented that way on the graph. I believe the current performance calculation the conference uses is based on the previous 2 or 3 years of postseason success so DePaul has the lowest balance of about $4.55 million v UConn the highest at $6.4 million. So $2 million or so which is nice but not huge in the larger context of college athletics.