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I know the article was posted in the other thread, but these are interesting:
1. With the move, the school also looks at saving upward of $2 million a year in travel and believes there will be at least a $2 million increase in revenue related to men’s basketball. If those figures reach fruition, the entire $17 million exit and $3.5 million Big East entry fees would be covered in five years.
2. While reports centered on a $7 million average payout a year from the AAC from a new 12-year, $1-billion media deal, the first-year payout is around $5 million and builds from there. There also was the cost assumed by the schools for producing ESPN+ broadcasts. The substantial weight for UConn would have in men’s and women’s basketball. SNY has done a high-level job with the women and there would have been expectations to maintain quality. UConn fans don’t want dime-store hoops broadcasts.
3. Eventually, UConn would have needed to produce 75 total games a year across its athletic teams. If 15-20 were men’s and women’s basketball that might be $15,000-$20,000 a game, the school could have been looking at $300,000-$400,000 fairly quickly. Factor in more than 50 other events, at $3,000 to $5,000, that’s at least $500,000 a year.
4. In immediate glow of June’s Big East announcement, UConn sold 3,000 basketball season tickets. Confirmation of the exit should provide more momentum. “I think we’ll see another spike in the next week,” Benedict said.
1. With the move, the school also looks at saving upward of $2 million a year in travel and believes there will be at least a $2 million increase in revenue related to men’s basketball. If those figures reach fruition, the entire $17 million exit and $3.5 million Big East entry fees would be covered in five years.
2. While reports centered on a $7 million average payout a year from the AAC from a new 12-year, $1-billion media deal, the first-year payout is around $5 million and builds from there. There also was the cost assumed by the schools for producing ESPN+ broadcasts. The substantial weight for UConn would have in men’s and women’s basketball. SNY has done a high-level job with the women and there would have been expectations to maintain quality. UConn fans don’t want dime-store hoops broadcasts.
3. Eventually, UConn would have needed to produce 75 total games a year across its athletic teams. If 15-20 were men’s and women’s basketball that might be $15,000-$20,000 a game, the school could have been looking at $300,000-$400,000 fairly quickly. Factor in more than 50 other events, at $3,000 to $5,000, that’s at least $500,000 a year.
4. In immediate glow of June’s Big East announcement, UConn sold 3,000 basketball season tickets. Confirmation of the exit should provide more momentum. “I think we’ll see another spike in the next week,” Benedict said.
