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Post by easyheat on Apr 5, 2023 22:26:28 GMT -8
Apple is concerned with a future loss of viewers with streaming. They are waiting for ESPN to take a bigger share of the package. Scheduling of events is also playing a part in it.
For example, 2 years ago the B1G playing in the central and eastern time zones, played 18 games with an audience of 3.5m viewers or more. Playing in the pacific and mountain time zones, the PAC-12 played 2 games with 3.5m+ viewers.
Under the leadership of Larry Scott, the PAC-12 school payday in 2019 was $33.6m. The B1G was $54.3m. In 2023, the B1G schools will receive an estimated $70m and possibly over $100m by 2027. Kliavkoff and the PAC-12 are expected to receive an estimated $30-31m with their new media rights package. The new Big-12 package has been reported to be around $32m.
A lot of media money went into that BIG-10 package. We were late and the $ gap has widened, others have increased their revenue, while we lost ground with Scott.
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Post by wilkyisdashiznit on Apr 5, 2023 23:27:16 GMT -8
Apple is concerned with a future loss of viewers with streaming. They are waiting for ESPN to take a bigger share of the package. Scheduling of events is also playing a part in it. For example, 2 years ago the B1G playing in the central and eastern time zones, played 18 games with an audience of 3.5m viewers or more. Playing in the pacific and mountain time zones, the PAC-12 played 2 games with 3.5m+ viewers. Under the leadership of Larry Scott, the PAC-12 school payday in 2019 was $33.6m. The B1G was $54.3m. In 2023, the B1G schools will receive an estimated $70m and possibly over $100m by 2027. Kliavkoff and the PAC-12 are expected to receive an estimated $30-31m with their new media rights package. The new Big-12 package has been reported to be around $32m. A lot of media money went into that BIG-10 package. We were late and the $ gap has widened, others have increased their revenue, while we lost ground with Scott. $54.3 was for the first 12 teams. Maryland took home $27.6. Rutgers took home $11.4. And those numbers include a bunch of non-media numbers. The real Big Ten media deal is $31.4 million per team. Then, you get into bowl payments, bowl media payments, NCAA Tournament payments, other associated postseason payments, and payments for marque matchups. The real reason for the current delta is that the Big Ten has out-competed the Pac-12 to this point. The Big Ten's next media deal is $62.5 million per team. And it is not guaranteed to get to that number for several years. Even if the Pac-12 deal is "only" $31 million, that means that each of the remaining Pac-12 teams will be making about $10 million more per year, as long as they can keep their bowl contracts together and keep putting teams into the postseason in the other sports. If the Pac-12 was making the non-media money that the Big Ten is, the Pac-12 would be making more money per team than the Big Ten. But it's not. There is a ton of squishiness to all of the reported numbers, so you should take a lot of what is being reported with a grain of salt. The Big Ten and SEC and their media supporters are the writers of their own press releases. |
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Post by easyheat on Apr 6, 2023 20:35:54 GMT -8
I'll sum what The Athletic, ESPN and others reported.
The payments to individual schools in the B1G Media deal will increase gradually but really ramps up in 2024 when USC and UCLA become members. Like most media rights contracts, it is back-loaded. No disagreement there.
The players sharing the B1G media rights are CBS, NBC, Fox with NBC's Peacock doing some streaming. The B1G also held discussions with Apple, Amazon, TBS and ESPN.
The package was announced by a number of media outlets as being a 7 year contract in excess of $7 Billion. The Sports Business Journal said it is $8 Billion.
The annual numbers varied from $70m and $80m, eventually reaching as much as $100+m per team. The agreement runs from 7-1-23 through the completion of the 2029-'30 athletic year.
There were several B1G Athletic Directors that commented and one I remembered was Illinois' Whitman, who said the UI would see $70-75 million early in the contract.
Regardless of the numbers, my point has been that Scott retreated as opposed to attacking the expansion opportunities for the PAC-12 when that was clearly the direction college athletics was headed. The hubris was stunning and it has resulted in watching two super-conferences develop with the 3 remaining Power-5 conferences on the sidelines. The conference was asleep and now finds itself hoping for half of the riches the SEC and Big-10 are gleaning.
It has crossed my mind more than once, "what could Rick Barnes do with $70 mil every year?"
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Post by wilkyisdashiznit on Apr 7, 2023 0:09:26 GMT -8
I'll sum what The Athletic, ESPN and others reported. The payments to individual schools in the B1G Media deal will increase gradually but really ramps up in 2024 when USC and UCLA become members. Like most media rights contracts, it is back-loaded. No disagreement there. The players sharing the B1G media rights are CBS, NBC, Fox with NBC's Peacock doing some streaming. The B1G also held discussions with Apple, Amazon, TBS and ESPN. The package was announced by a number of media outlets as being a 7 year contract in excess of $7 Billion. The Sports Business Journal said it is $8 Billion. The annual numbers varied from $70m and $80m, eventually reaching as much as $100+m per team. The agreement runs from 7-1-23 through the completion of the 2029-'30 athletic year. There were several B1G Athletic Directors that commented and one I remembered was Illinois' Whitman, who said the UI would see $70-75 million early in the contract. Regardless of the numbers, my point has been that Scott retreated as opposed to attacking the expansion opportunities for the PAC-12 when that was clearly the direction college athletics was headed. The hubris was stunning and it has resulted in watching two super-conferences develop with the 3 remaining Power-5 conferences on the sidelines. The conference was asleep and now finds itself hoping for half of the riches the SEC and Big-10 are gleaning. It has crossed my mind more than once, "what could Rick Barnes do with $70 mil every year?" The second-to-last paragraph. Scott attacked expansion opportunities but was thwarted by small-minded Presidents, who have no business making decisions like they were making. USC at the end was actively trying to blow up the conference to ease the exit. If the conference had gone to a more capitalistic catch what you kill approach, it may have saved the day. There were other issues, which have been discussed ad nauseum. The Big Ten + four + those LA County scumbags is going to implode. And we should all be looking forward and not back. |
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Post by rgeorge on Apr 7, 2023 11:50:01 GMT -8
I'll sum what The Athletic, ESPN and others reported. The payments to individual schools in the B1G Media deal will increase gradually but really ramps up in 2024 when USC and UCLA become members. Like most media rights contracts, it is back-loaded. No disagreement there. The players sharing the B1G media rights are CBS, NBC, Fox with NBC's Peacock doing some streaming. The B1G also held discussions with Apple, Amazon, TBS and ESPN. The package was announced by a number of media outlets as being a 7 year contract in excess of $7 Billion. The Sports Business Journal said it is $8 Billion. The annual numbers varied from $70m and $80m, eventually reaching as much as $100+m per team. The agreement runs from 7-1-23 through the completion of the 2029-'30 athletic year. There were several B1G Athletic Directors that commented and one I remembered was Illinois' Whitman, who said the UI would see $70-75 million early in the contract. Regardless of the numbers, my point has been that Scott retreated as opposed to attacking the expansion opportunities for the PAC-12 when that was clearly the direction college athletics was headed. The hubris was stunning and it has resulted in watching two super-conferences develop with the 3 remaining Power-5 conferences on the sidelines. The conference was asleep and now finds itself hoping for half of the riches the SEC and Big-10 are gleaning. It has crossed my mind more than once, "what could Rick Barnes do with $70 mil every year?" The second-to-last paragraph. Scott attacked expansion opportunities but was thwarted by small-minded Presidents, who have no business making decisions like they were making. USC at the end was actively trying to blow up the conference to ease the exit. If the conference had gone to a more capitalistic catch what you kill approach, it may have saved the day. There were other issues, which have been discussed ad nauseum. The Big Ten + four + those LA County scumbags is going to implode. And we should all be looking forward and not back. Plus I'm not sure why the panties are all in a bunch over the timeline?? I believe the Pac12 deal still has about 14-15 months on it and it is a VERY complicated process with tons of intricate details. The B10 announced their "supposed" deal (does anyone really know the initial vs actual #s in deals like this?) about 10-11 months before their deal was up. Similar negotiations in terms of expansion and divvying up shares, looking at market updates, etc. is still on track with that timeframe in July August. I'd rather see a well thought out/researched and executed deal than some rush to get one done. I truly think there will be no TV deal announced until any new partners are added to the conference. Stuff will be leaked, but I could see one huge announcement of both. Once that is settled then the Pac12 can sit down and finalize the SOPs for payouts/shares. I do see the real (IMHO 100%) possibility of some type of "equal" sharing of a pot of money, then extra payouts each year for schools with teams reaching higher levels of play (bowl tiers, playoff, NCAA tourney, etc). |
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