A day doesn't pass that remembering the headline "Louisville has accepted offer to join ACC" doesn't haunt me.
Flug seems to have it right. The Big Ten takes their money and sees where the industry is in 6-7 years and when the time comes they can pick the schools they want.
Maybe the Big 12 expands - but I doubt it - it's pointless.
Definitely not pointless for the Big 12 to expand if they can go east and convert the LHN to a Big 12N. Even if it's only for 5 years, why would you want to make $20M per year when you could be making $25-30M?
Definitely not pointless for the Big 12 to expand if they can go east and convert the LHN to a Big 12N. Even if it's only for 5 years, why would you want to make $20M per year when you could be making $25-30M?
The Big 12 network is going to throw off 5-10 million per team - so 5-10x more than the PAC 12 network and as much as the BTN?
Not a chance.
Additional $10 million a year per school is probably way too high, but $5 million isn't inconceivable considering the value of a network and subsequent revenue earned surrounding a league title game.
Except college football is not the nfl. 10 years from now a mls game will score a higher rating nationally. I consider myself a huge sports fan. Outside of UConn, I barely watch college games. I won't tune in to Fox to watch Ohio state vs Michigan. I won't tune in for Indiana vs Michigan state. I simply don't care. 95% of America will agree.
Not so different from bcu, except no one anywhere gives two ts about bcu outside of the few affiliated with bcu.Cincinnati couldn't get a Big 12 Network on basic cable in Ohio. No one in Ohio gives two ts about UC outside of those affiliated with UC.
Why is the Big 10 (and SEC) worth so much more than every other league? Are their apples to apples ratings to support that gap?
Great question and one we should all ask. There isn't an available calculator, abacus, function, formula or block set that can definitely show me why UConn is valued at $2M/yr and Rutgers, Iowa, Illinois, Northwestern, Purdue, Minnesota, and Maryland are valued at $50M/yr. I don't care how long they've been playing football. I don't care that they are AAU (we are talking sports TV contracts, not research dollars anyway). I don't care if their states are larger than Connecticut. None of those athletic departments are 25x more valuable than UConn. I'm not saying this to stir up an argument with our B1G visitors. I'm just saying that there is no logical explanation that can be made to me to explain why those schools have been added to or grandfathered into a league that will pay them more money on a TV deal by the end of January than what we will get over the course of an entire year.
No argument from me. I doubt there is any metric that can be produced that would demonstrate how individually Purdue, Vanderbilt or any team is worth 25x more than what UCONN is worth. Its not realistic. That said in the cases of The B1G and SEC the real value is in the whole over the sum of their parts. UCONN has no such luxury being paired with 11 teams that likely carry less individual value than themselves.
Ultimately, this is probably the reason. The huge fanbases of Michigan, OSU, Nebraska, Penn State, etc elevate the lower half of the conference to its new stratosphere. Ditto in the SEC. Alabama, LSU, Georgia, etc elevate Vanderbilt to being 20x more valuable than UConn. Can you imagine if all of the heavyweights just decided to join together into a mega, super, uber conference? Take the top heavyweights from each conference and form a college Premier League. Each school would probably command over $100M/yr from TV alone. Probably much more since there are no conference also-rans and deadweights to lower the value of the conference.
In any event, it's no less frustrating to us UConn fans to see all of these power schools valued at 10x, 15x, and now 25x more than UConn when there is absolutely zero logic to explain it in apples-to-apples terms.
While I certainly agree that the math doesn't support this value, does it really matter? Fox was willing to pay that, math be damned. Capitalism at its best (or worst). I watched the Big Short last night and I feel that in ways that pertain to tv rights, etc. the college landscape is going down a similar path. Its unsustainable. It ignores intrinsic value. Someone will get burned. The bubble will burst.So there is math showing that an average Big 10 game is worth 25x what an average AAC game is worth?
Why is the Big 10 (and SEC) worth so much more than every other league? Are their apples to apples ratings to support that gap?
John Gasaway: I Ain't Afraid of no Sports BubblesWhile I certainly agree that the math doesn't support this value, does it really matter? Fox was willing to pay that, math be damned. Capitalism at its best (or worst). I watched the Big Short last night and I feel that in ways that pertain to tv rights, etc. the college landscape is going down a similar path. Its unsustainable. It ignores intrinsic value. Someone will get burned. The bubble will burst.
I guess I cited a blog post about basketball and the NCAA tournament in a thread about football contracts, but if there is a threat to non P5 / non P2 basketball, I think it's more long term than immediate term.Built a nice strawman there....