- Aug 2, 2015
- Reaction Score
I think all SEC additions have gotten a full share from Day 1.You don't need to worry about the LHN.
ESPN offered Texas the LHN (and $15 million annually) to keep it away from joining the PAC (and FOX TV) back in 2010; mission accomplished. Texas joining the SEC now is a huge win for ESPN.
LHN would be dissolved altogether; ESPN is losing money on that deal for sure. Texas gains more (revenue) by joining the SEC than by remaining in the Big 12 with the LHN revenue.
In other words, neither Texas nor ESPN will fight to keep LHN alive.
The only possible concession I could see the SEC making for Texas and Oklahoma would be providing them 100% the same revenue as existing conference members in year one; typically, new member schools earn less than 100% equal revenue the first few years before becoming "equal" revenue partners.
TV markets still matter but not nearly as much as they did 10 years ago when everything that happened was about cable carriage fees.