If our administration couldn’t even have talked the Big East into waiving the entry fee then I feel like we might not have spent our due diligence setting up this move. UConn brings way more value to the Big East than the Big East brings to UConn (in my opinion). Big East should be welcoming us with open arms. We’re worth at least $20M/year in tv money to them which means just having us in the league should be increasing revenue of each school by $2M/year.
Entrance fee is the last thing they should have been bargaining over. More important:
- Ability to leave freely if a P5 offer comes. No grant of rights.
- Ownership/control of media rights not taken up by Fox so that they can have year-round SNY content and do a sizable cable package. Validating value of UConn on cable not only monetizes UConn's regional fans, it helps prove value to P5 conferences with networks. Say we get $8 million from SNY for Big East Tier 3 and indy football games, that would likely be equivalent to $20 million on ACC network with ACC competition, more on BTN with Big Ten competition.
There could be all kind of other provisions in the agreement, e.g. help with exit fee, that may have been important to UConn.