OT Big Ten reaches seven-year media rights deal with CBS, Fox and NBC for football, basketball through 2029-30

[billybud]

Analyzing College Football Television Ratings | Sports Economist

I’m obsessed with conference realignment, and the influence that big money television contracts have had on college football. Ever since the NCAA lost the

thesportseconomist.com

 

[CL82]

Peacock is free for Xfinity (Comcast) customers. However Comcast does not service parts of the NYC metro (at least not Stamford when I lived there), Ohio, most of Michigan, Wisconsin or the Los Angeles Market. So Peacock is going to get a huge bump in subscribers. Have to figure that new reach for Peacock contributes to the media deal value for the BIG.

P.S. I have Peacock but hope the Big East stays an exclusive Fox property because I believe they have the best production for college basketball games. And FS1 should have plenty of CBB slots available with far less BIG games.

Plus, Peacock is a crap product with frequent random dropouts.

 

[CL82]

The whole thing will eventually collapse, including whatever money Rutgers is going to get. Not in the next 10 years for Rutgers but soon.

Watch what happens soon when some of these schools believe they need to build out their facilities to the tune of $1 billion (what it takes to go mecca on training facilities and expanding stadiums). They are going to hock the future of these schools, and it will end in tears.

Rutty just hit up New Jersey taxpayers for 100 million.

 

[AZHuskiePop]

The whole thing will eventually collapse, including whatever money Rutgers is going to get. Not in the next 10 years for Rutgers but soon.

Watch what happens soon when some of these schools believe they need to build out their facilities to the tune of $1 billion (what it takes to go mecca on training facilities and expanding stadiums). They are going to hock the future of these schools, and it will end in tears.

It seems to be a dog chasing his tail
The more you make the more you spend so that deficits are inevitable.
The difference with these schools is hopefully these huge media deals spare taxpayers and students who really have little or no interest in sports from bearing the brunt of the deal.
To be fair you start out with a huge deficit on 90% of your sports because they generate little or no revenue . I remember looking at the UConn’s womens programs a few years ago and they were -$29,000,000 non revenue neutral mens programs added close the that to that deficit .
The only significant revenue came from BB and football .
I don’t think the numbers have gotten better
The difference with a B1G school is a media , deal , live gate, bowl , and other revenue put the cost with a the fans giving the taxpayers and students some relief.
Then again big time football (especially but not exclusively)has huge benifits to a state
When you consider alumni and just fans travel to games Hotels , rentals meals ,and other recreational activities are all heavily taxed.plus jobs.
the number could be huge. The Alabama / Auburn football by some estimates brings in $ 500,000,0000 annually to the state . Making if not the biggest industry in the state.at least one of the biggest. Alabama is an anomaly but that state revenue is usually overlooked.
The problem like athletic directors and politicians as spending other peoples money typically is not done efficiently.

 

[upstater]

Rutty just hit up New Jersey taxpayers for 100 million.

ugh. but perhaps doable over the next 10+ yrs of the contract.

When schools go to $500m - $1b in the build out, that's when I'd worry about the revenue stream running out.

20 years ago U Michigan paid $450m to build out the Big House and remodel Chrysler Arena. I bet you the cost now for stadium and arena rehabs is much much closer to $1b.

Up here in Buffalo the state and locality is paying $2.45b for a Bills stadium that has no roof.

If the whole edifice of college sports collapses, you're going to see mass resignations by presidents at these institutions, or else the new people will be caught holding the bag

 

[upstater]

It seems to be a dog chasing his tail
The more you make the more you spend so that deficits are inevitable.
The difference with these schools is hopefully these huge media deals spare taxpayers and students who really have little or no interest in sports from bearing the brunt of the deal.
To be fair you start out with a huge deficit on 90% of your sports because they generate little or no revenue . I remember looking at the UConn’s womens programs a few years ago and they were -$29,000,000 non revenue neutral mens programs added close the that to that deficit .
The only significant revenue came from BB and football .
I don’t think the numbers have gotten better
The difference with a B1G school is a media , deal , live gate, bowl , and other revenue put the cost with a the fans giving the taxpayers and students some relief.
Then again big time football (especially but not exclusively)has huge benifits to a state
When you consider alumni and just fans travel to games Hotels , rentals meals ,and other recreational activities are all heavily taxed.plus jobs.
the number could be huge. The Alabama / Auburn football by some estimates brings in $ 500,000,0000 annually to the state . Making if not the biggest industry in the state.at least one of the biggest. Alabama is an anomaly but that state revenue is usually overlooked.
The problem like athletic directors and politicians as spending other peoples money typically is not done efficiently.

But... people tend to forget that athletic departments don't bond out for the building of stadiums. This is money loaned to the academic side, and it's paid for either by the school directly or with some reimbursement from the sports side.

So, depending on the size of the loan, it's a big risk. If college sports go kaboom, the school is going to foot the bill for a very expensive but useless stadium

 

[CL82]

But... people tend to forget that athletic departments don't bond out for the building of stadiums. This is money loaned to the academic side, and it's paid for either by the school directly or with some reimbursement from the sports side.

So, depending on the size of the loan, it's a big risk. If college sports go kaboom, the school is going to foot the bill for a very expensive but useless stadium

Yeah, but what is the likelihood of a complete collapse of big-time college athletics? I think fairly low.

That said if you want an example of the phenomena you are talking about, you need to go no further than East Hartford. Connecticut build a stadium in anticipation of UConn being a part of what was about to become the P5. Did the state ever realize a decent ROI from that investment? I’m not trying to assign any blame here. It was entirely unforeseeable that an in-state company would finance the evisceration of the Big East and leave UConn on the outside looking in at big time football dollars.

 

[Ha Who]

Yeah, but what is the likelihood of a complete collapse of big-time college athletics? I think fairly low.

That said if you want an example of the phenomena you are talking about, you need to go no further than East Hartford. Connecticut build a stadium in anticipation of UConn being a part of what was about to become the P5. Did the state ever realize a decent ROI from that investment? I’m not trying to assign any blame here. It was entirely unforeseeable that an in-state company would finance the evisceration of the Big East and leave UConn on the outside looking in at big time football dollars.

Is that you Senator press conference?

 

[CL82]

Is that you Senator press conference?

Nope. Is that you AD “buuut weeeee wanted to be the New England school?”

 

[upstater]

Yeah, but what is the likelihood of a complete collapse of big-time college athletics? I think fairly low.

That said if you want an example of the phenomena you are talking about, you need to go no further than East Hartford. Connecticut build a stadium in anticipation of UConn being a part of what was about to become the P5. Did the state ever realize a decent ROI from that investment? I’m not trying to assign any blame here. It was entirely unforeseeable that an in-state company would finance the evisceration of the Big East and leave UConn on the outside looking in at big time football dollars.

On the other hand, the Rent cost $90m to build. Imagine now a school like Indiana saddled with $500m in debt and the state isn't picking up the tab.

But yes, this is the sort of screwery I imagine might occur eventually, but on a huge scale.