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Fox Re-Opening the Contract
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[QUOTE="BFieldHusky, post: 3236486, member: 2154"] A Marquette fan shared this info on a Big East board. Very insightful: [I]The original deal was a 12-year, $500 million deal; on average, that provided $41.6 million per year to the ten members ($4.16 million per member per year). [B]It allowed the deal to be upgraded to $550 million if we went to eleven members[/B], and $600 million if we went up to 12 members. So, without extending the deal - and just following parameters set forth in original deal - that would increase the average payout per year to $45.83 million per year ([B]$4.58 million per member per year[/B]). From that, if Fox wanted to "extend" the current deal, upping the annual payout to $6 million, they would "only" need to increase the average payouts by $16.5 million per year total ([B]around $1.65 million per member[/B]); from that increase it payouts, [B]Fox gets an additional 40 Big East conference games (an extra two for each team, as well as the full 20 from UConn), as well as the right to an additional BE Tournament game. Not counting the access to UConn's OOC home games it will also acquire, it comes out to about 40k per "extra" contest. [/B] I still think a BE-Fox extension gets announced next July 1st.[/I] So with UConn being added, the schools now all make 4.58 million. 1.65 to get to 6 million. That would be amazing to be making that type of money with football still available to sell to SNY. Still trying to get clarification on the UConn women. [/QUOTE]
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Fox Re-Opening the Contract
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