Here are some quick numbers to see how this works if SNY stays involved:
AAC deal was $7 million for everything annually full stop until 2032 (12 years).
Under the Big East, you have the following:
- we will assume $10 million AAC buyout amortized over 12 years is a loss of $830k annually
- a buy in to the Big East of $3.5 million amortized over 12 years is a loss of $290k annually
- I believe Big East TV deal nets about $4 million annually per member
- current SNY deal was $1.1 million annually for some MBB, a lot of WBB, and 1 FB game along with Geno Auriemma show and some pre, post, game and year end shows
- let's conservatively bump this up to $1.5 million annually for the same arrangement but with more FB
- now factor in a figure thrown around today of $2 million in travel savings
To summarize,
without factoring in
higher attendance with regional rivalries in MBB/WBB, increased tournament shares from NCAA tournament, or an increase in donations, the Big East deal annually nets out $6.4 million annually based on the conservative estimates and limited info we have today.
I now see why UConn looked at the AAC TV deal and said no thanks.