Greg Flugaur @flugempire 14h14 hours ago
I think
@theDudeofWV found out what the Big 12 deal with ESPN+ truly consist of and is in panic mode..lashing out at everyone.
1) UT & OU playing no part in deal.
2) New Revenue for “other 8” does not exist.
3) B12 CCG’s 19,21,23 were sold to ESPN for much less than expected.
Christopher Lambert @theDudeofWV 8h8 hours ago
Replying to
@flugempire
Greg, I'll accept any claim you have on big 12 knowledge when you explain how you could proclaim that Fox wanted the Big 12 to expand and that UCONN and UC would be added.
Christopher Lambert @theDudeofWV 8h8 hours ago
Replying to
@flugempire
1. OU is on the executive council that brokered the deal.
2. The add-on contract pays an additional $22M per year. Fox's option paid $20M a year for the CCG.
3. Big 12 CCG sold to ESPN for exactly what the Big 12 was asking as per SBJ.
4. You should get your damn facts right.
justacoog @rphdjd 13h13 hours ago
Replying to
@flugempire @theDudeofWV
Need to kickstart OU and UT out and start adding schools to rebuild the B 12 that deserve to be there
Christopher Lambert @theDudeofWV 8h8 hours ago
wrong on all counts... but what do we expect from the guy who claimed Fox supported Big 12 expansion.
Mark Kochenderfer @MarkKochenderfe 13h13 hours ago
Replying to
@flugempire @theDudeofWV
Have the official details been made public? I recall the article and SBJ a few weeks ago but that’s been disputed as inaccurate by just about everybody. I honestly don’t think I understand the details of this deal.
Greg Flugaur @flugempire 13h13 hours ago
First
“OSU athletic director Mike Holder said that his department is unlikely to reap much revenue from the new agreement, “but there’s a great opportunity for exposure on a platform that’s really exciting.”
Greg Flugaur @flugempire 13h13 hours ago
Second,
https://www.google.com/amp/amp.awfulannouncing.com/espn/espn-big-12-streaming-championship-game-pricing.html …
Greg Flugaur @flugempire 13h13 hours ago
Third,
“The Big 12 wanted around $20 million for each game. ESPN wanted to pay much less. It became clear pretty quickly that they couldn’t come to terms on money, so they had to get more creative”
Greg Flugaur @flugempire 13h13 hours ago
“That’s where streaming rights came into play. ESPN had embarked on a strategy of buying as many rights as it could for ESPN+. It was particularly interested in college sports, believing that schools’ rabid fans are more likely to buy a $5 monthly subscription”.
Greg Flugaur @flugempire 13h13 hours ago
“It’s notable that ESPN only wound up paying $40 million for this deal, which would be $13.33 million per conference championship game without even considering the value of the streaming content they’re adding. So that’s not close to what the Big 12 wanted”
40m for entire deal.
Doug @NebGradDubDub 11h11 hours ago
Replying to
@flugempire @theDudeofWV @MarkKochenderfe
No. This is the lack of worthin the B12 deal outside of OU and Texas
Christopher Lambert @theDudeofWV 10h10 hours ago
Replying to
@NebGradDubDub @flugempire @MarkKochenderfe
It maintains the CCG payout, adds more $ than the schools (except WVU) participating for the first 6 years received for T3 TV rights AND cemented the Big 12's relationship with ESPN.
Greg Flugaur @flugempire 10h10 hours ago
It doesn’t do any of those things. It does add exposure for 8 Big 12 schools for their 3T content.
Christopher Lambert @theDudeofWV 10h10 hours ago
Replying to
@NebGradDubDub @flugempire @MarkKochenderfe
My advice to you guys... stop trying to pick the Big 12 deal apart and start figuring out the math of the B1G adding OU and explain how BTN maintains revenue levels given cord-cutting stats in B1G states.
Greg Flugaur @flugempire 10h10 hours ago
BTN may not be able to obtain 8-9 mil per school with additions of OU +1.
But Big Ten Tier 1/2 become even more valuable.
Duke Ian MacNeal @Ian_MacNeal 9h9 hours ago
OU is a national brand and plays great football. They’ll add value anywhere they land.
Christopher Lambert @theDudeofWV 10h10 hours ago
Replying to
@NebGradDubDub @flugempire @MarkKochenderfe
What is so #$%&ing hard to understand about this deal. ESPN picked up what Fox opted out of... including T3 football.
Greg Flugaur @flugempire 10h10 hours ago
ESPN paid much lower than FOX was going to pay Big 12 for CCG’s.
Big 12 3T content was thrown in for basically no cost to ESPN to get deal done.
40 Million for 3 CCG’s and 3T.
40 mil is the deal.
Balerion the Dread! @zainmujtaba 10h10 hours ago
Oh come now! don’t bother
@theDudeofWV with inconvenient facts!
Christopher Lambert @theDudeofWV 8h8 hours ago
Anybody who thinks the Big 12 does anything without the approval and buy-in of Texas and Oklahoma shouldn't be allowed to comment on Big 12 matters.
Bruce Harris @JBruceHarris 8h8 hours ago
I’m just agreeing that Big 12 should go ahead and run OU and texas out of the conference...seems legit
Christopher Lambert @theDudeofWV 8h8 hours ago
Replying to
@JBruceHarris @rphdjd @flugempire
The Big 12 and Fox had a bad breakup. A nasty breakup. ESPN stepped in and covered Fox's option & added money to the pot. Plus there are no more appearance regulations which means the top half of the conf is on national TV more.
Greg Flugaur @flugempire 8h8 hours ago
ESPN did not add money to the pot. ESPN low balled the crap out Big 12 for the 3 CCG’s. Way below Big 12 future projections. No revenue added. Go read what Oklahoma State Holder said about the deal.
Christopher Lambert @theDudeofWV 8h8 hours ago
Replying to
@JBruceHarris @rphdjd @flugempire
If you add in the sister-deal with Leerfield IMG its even better. The Big 12 is doing to distribute over $45M for 2019 and it will be over $50M per member for the remainder of the contract.
Greg Flugaur @flugempire 7h7 hours ago
Each Big 12 school already had sponsorship deals in their 3T individual rights. This IMG deal just bundles some the rights together to sell. Only Dude would make this bigger than what it truly is.
Christopher Lambert @theDudeofWV 8h8 hours ago
Replying to
@JBruceHarris @rphdjd @flugempire
Plus go back thru Greg's timeline and read where he was trying to bust my chops claiming that OU lost money on producing their 1 T3 football game. Now he's trying to claim OU wouldn't want out of that? Fox wouldn't let OU out.
Greg Flugaur @flugempire 8h8 hours ago
I’m correcting all of your factual errors. So are other people. 40 million for the whole deal(3 CCG + 3T content of over 50 events of the 8 schools for 6 years) That’s it. 40 million.
Christopher Lambert @theDudeofWV 8h8 hours ago
Replying to
@JBruceHarris @rphdjd @flugempire
The reason I'm testy is that the B1G boys keep throwing stupid, incorrect stuff at me. Like the Big 12 lost $90M or took less for its CCG. The facts are ESPN already owned the rights to the CCG. This money is for not expanding.
Greg Flugaur @flugempire 8h8 hours ago
Replying to
@theDudeofWV @JBruceHarris @rphdjd
You got everything wrong.
OU is not providing any 3T content to ESPN*. Zero. OU won’t be producing any games for ESPN+. OU, of course, will be road team at times. But OU gave up no 3T rights in this ESPN+ deal.
Greg Flugaur @flugempire 8h8 hours ago
Replying to
@theDudeofWV @JBruceHarris @rphdjd
ESPN did not already own the 3 odd year Big 12 CCG. ESPN just got them in an incredibly low ball bid with Big 12.
Christopher Lambert @theDudeofWV 6h6 hours ago
By the way I’m working to clarify what I believe is a factual misstatement about the contract. I believe ESPN is paying $22M for the B12 CCG & the B12 is selling T3 TV rights to ESPN for a separate amount.
Balerion the Dread! @zainmujtaba 6h6 hours ago
@theDudeofWV everything in the press has made it clear that ESPN is getting a great deal and the Big 12 essentially either took a major haircut for the CG, or a minor haircut on the CG and 8 programs gave up their T3 content for free.
Greg Flugaur @flugempire 6h6 hours ago
Replying to
@zainmujtaba @theDudeofWV @BucsHawk
Yep.
Pretty simple to understand.
Also UT & OU have nothing to do with the deal.
Deal is an Improvement for 3T exposure of the 8 Big 12 schools.
BucsHawks @BucsHawk 49m49 minutes ago
Okay, I finally caught up on more reading and did come across this article. Mainly the top paragraph about 40 million plus paying for existing deals. First I had seen of that.
Greg Flugaur @flugempire 28m28 minutes ago
Replying to
@BucsHawk @theDudeofWV
40 million for 3T content on ESPN+ and 3CCG’s in 19,21,23.
This is the deal.
ME: Who needs Netflix, Amazon Prime or Hulu when you could have the shitfest between the Dood and the Flug on Twitter? ¯\_(ツ)_/¯