nelsonmuntz
Point Center
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- Aug 27, 2011
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How's that $130m year from ESPN looking now???
http://espn.go.com/mens-college-bas...-catholic-7-close-reaching-media-rights-deals
"Just two years ago, the Big East turned down a nine-year deal from ESPN worth $1.17 billion, an average of $130 million annually. Since then the bottom has fallen out for the league, which has had 16 schools announce they were leaving during that time.
In April 2011, former Big East commissioner John Marinatto recommended the Big East accept ESPN's nine-year, $1.17 billion deal, but the league's presidents voted to turn it down. That deal would have earned full members $13.8 million a year and non-football members $2.43 million a year.
By comparison, NBC Sports Network's current offer would earn each Big East member about $2 million annually, depending if the league has 11 or 12 members. Navy is scheduled to join in 2015 as its 11th member."
I know the dynamics... Just saying that Marinade is spitting his Chianti out reading this.
Everyone from the Big East but UConn, USF and Cincinnati will blow away the money they would have gotten from that deal. The league did the right thing in turning it down.