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Post by grayman on Dec 26, 2023 17:18:38 GMT -8
Also regarding the Big 12 adding teams, I thought I had read that they had the ability to add more under the pro rata agreement. Found this: "The Big 12 negotiated a pro rata clause into its contract, meaning the conference is assured of getting a raise if it expands with another Power Five school." ESPN was the only network that contracted the Pro Rata clause (Fox can opt to match it) and it it was capped at 4 teams, which would have been the four corner schools. ESPN is something like 70% of total contact. I have no idea if they renegotiated to allow for more expansion...but I do know it is only ESPN that agreed to the otiginal expansion clause. It's what the four Pac-12 teams were brought in under and this was taken from a story about the Big 12 possibly adding Gonzaga as a basketball school. Yes, it's ESPN. Bottom line is the Big 12 can add teams. |
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Post by drunkandstoopidbeav on Dec 26, 2023 17:25:01 GMT -8
ESPN was the only network that contracted the Pro Rata clause (Fox can opt to match it) and it it was capped at 4 teams, which would have been the four corner schools. ESPN is something like 70% of total contact. I have no idea if they renegotiated to allow for more expansion...but I do know it is only ESPN that agreed to the otiginal expansion clause. It's what the four Pac-12 teams were brought in under and this was taken from a story about the Big 12 possibly adding Gonzaga as a basketball school. Yes, it's ESPN. Bottom line is the Big 12 can add teams. "Capped at 4 teams". Apparently done, unless ESPN wants to upgrade the cap limit. ESPN has money problems for now, supposedly expecting more layoffs from what I read somewhere. That article said they thought Disney might say yes to Apple next year and sell it. |
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Post by grayman on Dec 26, 2023 17:25:51 GMT -8
There's no cap in the agreement as far as I can find.
It does make adding schools like Gonzaga or San Diego State more problematic.
There's nothing in the pro-rata agreement that would preclude adding OSU and WSU and/or ACC schools if Yormark/Big 12 wants to.
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Post by grayman on Dec 26, 2023 17:29:07 GMT -8
It's what the four Pac-12 teams were brought in under and this was taken from a story about the Big 12 possibly adding Gonzaga as a basketball school. Yes, it's ESPN. Bottom line is the Big 12 can add teams. "Capped at 4 teams". Apparently done, unless ESPN wants to upgrade the cap limit. ESPN has money problems for now, supposedly expecting more layoffs from what I read somewhere. That article said they thought Disney might say yes to Apple next year and sell it. ESPN turns a profit. Disney has been losing money in other areas. |
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Post by orangeattack on Dec 26, 2023 17:46:39 GMT -8
I think people are too quick to dismiss the idea of a disruptor entering the fray, and too quick to dismiss the idea of that disruptor being effective. Streaming is the future of all media consumption, and partnering with Apple gives a completely new audience to advertise to, just like every time I open my Amazon Prime app to watch the latest episode of Reacher and am greeted with a fullscreen streaming ad for NFL on Prime which gives an immediate click into the game (if it's live) you can't even comprehend the "ah what the hell, that sounds good" factor. If they're using the PAC12 network apparatus to film the "Hard Knocks" style behind the scenes videos, and if they partner with the sites that are already producing streaming content (think Angie Machado's podcasts and Beaverblitz practice coverage).. oh man. The potential to tie it all together is so much higher than a traditional network on cable. I just don't think that ESPN/Fox truly have a stranglehold forever. Apple has indicated some interest, it didn't work out - but that doesn't mean they won't absolutely get serious about it. Totally agree...but when. I've also read Apple wants to buy ESPN...so maybe that is their ultimate goal in all this. Let ESPN create the best college football product then swoop in. I don't think the dregs of the ACC plus the G4 has more value than the Pac 12 Apple was negotiating with. When is the million-dollar question, but at this point the world of college football is moving at absolute warp speed so my money would be on sooner rather than later. As for the dregs of the ACC plus some G4 teams, I disagree. Remember that Apple was negotiating with the Pac12 but with knowing that SC and UCLA were already gone. The dregs of the ACC probably draws quite a few more eyeballs than the 10 member UW/UO headlined Pac12. And that deal was 30 million but had the potential to stretch as high as 50. It's for this reason that OSU/WSU have to be cautious in their plans to expand, and why they can't simply do a reverse merger with the MWC unless there is absolutely zero other option on the table. |
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Post by RenoBeaver on Dec 26, 2023 17:57:13 GMT -8
ESPN was the only network that contracted the Pro Rata clause (Fox can opt to match it) and it it was capped at 4 teams, which would have been the four corner schools. ESPN is something like 70% of total contact. I have no idea if they renegotiated to allow for more expansion...but I do know it is only ESPN that agreed to the otiginal expansion clause. It's what the four Pac-12 teams were brought in under and this was taken from a story about the Big 12 possibly adding Gonzaga as a basketball school. Yes, it's ESPN. Bottom line is the Big 12 can add teams. Not with Fox attached to it and not if they reached their ESPN limit adding 4 corner teams |
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Post by grayman on Dec 26, 2023 17:59:55 GMT -8
It's what the four Pac-12 teams were brought in under and this was taken from a story about the Big 12 possibly adding Gonzaga as a basketball school. Yes, it's ESPN. Bottom line is the Big 12 can add teams. Not with Fox attached to it and not if they reached their ESPN limit adding 4 corner teams Again, show me the "ESPN limit." There is none as far as I can find. |
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Post by RenoBeaver on Dec 26, 2023 18:16:25 GMT -8
Totally agree...but when. I've also read Apple wants to buy ESPN...so maybe that is their ultimate goal in all this. Let ESPN create the best college football product then swoop in. I don't think the dregs of the ACC plus the G4 has more value than the Pac 12 Apple was negotiating with. When is the million-dollar question, but at this point the world of college football is moving at absolute warp speed so my money would be on sooner rather than later. As for the dregs of the ACC plus some G4 teams, I disagree. Remember that Apple was negotiating with the Pac12 but with knowing that SC and UCLA were already gone. The dregs of the ACC probably draws quite a few more eyeballs than the 10 member UW/UO headlined Pac12. And that deal was 30 million but had the potential to stretch as high as 50. It's for this reason that OSU/WSU have to be cautious in their plans to expand, and why they can't simply do a reverse merger with the MWC unless there is absolutely zero other option on the table. Oregon, Colorado, and UW were 3 of the top 11 most watched teams in 2023. The only ACC team in top 10 was FSU. The only other top 20 team was Clemson. Utah, OSU, and WSU were top 32. Miami Duke and Louisville are included in that group. Pac 12 had 3 of top 10 highest rated intraconference games. The only ACC team on that list is FSU playing an SEC team. frontofficesports.com/at-least-theres-no-debating-college-footballs-most-watched-team/I don't think Syracuse, NCState, Wake, BC, etc are big TV draws. Nor are Cal Stanford or ASU but at least they are in big TV markets. Anyways...the only answer here is time. I don't disagree whatsoever with your point, and quite frankly hope to see it. But we do know the framework with which this all exists right now without having to speculate on if and when Apple (or peacock) making a big splash to save college football from itself. |
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Post by drunkandstoopidbeav on Dec 26, 2023 18:24:46 GMT -8
"Capped at 4 teams". Apparently done, unless ESPN wants to upgrade the cap limit. ESPN has money problems for now, supposedly expecting more layoffs from what I read somewhere. That article said they thought Disney might say yes to Apple next year and sell it. ESPN turns a profit. Disney has been losing money in other areas. ESPN still turns a profit, but it's shrinking. Add to that the fact that cable is losing eyeballs and Disney apparently has been shopping it. finance.yahoo.com/news/espn-used-disney-cash-cow-190702041.htmlDisney makes money. They have had 3 money losing quarters in the last couple of years. The reported a profit that was above expectations recently. |
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Post by grayman on Dec 26, 2023 18:40:39 GMT -8
My guess is this is more of a panic move by Bob Iger than a big sign that ESPN is on the brink of going down the tubes. It very well could be a boon for ESPN. I do agree that streaming is the future of sports broadcasting. Pretty sure ESPN is going to try to lock that in as much as it can. |
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Post by greshambeaver on Dec 27, 2023 2:31:59 GMT -8
Not for me. It goes against everything I have been saying was stupid for the other P12 teams to do travel-wise, especially Stanford and Cal. I would prefer adding Stanford and Cal to the Mountain West schools rather than aligning with a group 3000 miles away. But that's just me. |
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Post by wilkyisdashiznit on Dec 27, 2023 13:11:22 GMT -8
ESPN turns a profit. Disney has been losing money in other areas. ESPN still turns a profit, but it's shrinking. Add to that the fact that cable is losing eyeballs and Disney apparently has been shopping it. finance.yahoo.com/news/espn-used-disney-cash-cow-190702041.htmlDisney makes money. They have had 3 money losing quarters in the last couple of years. The reported a profit that was above expectations recently. Disney has had exactly three losing quarters since the Great Recession and two were COVID-19 related. The interesting thing is that the third was last quarter. 40% of Disney's operating budget is ESPN-related. ESPN, under its old model was losing profits, because of cord-cutters. However, ESPN is starting to see more money from streaming, which appears to more than making up for the loss of cord-cutters for the time being. Disney is in the market to dump ESPN, though, and a big reason is the inability to recover from COVID-19 and the concern that something like that happens again. That said, I am not so sure that anyone can make ESPN work as well as Disney with Disney also owning ABC. |
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