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So this article says that each big ten school will receive $60 mil starting 2017 just from the Fox contract. Does Rutgers get this or does it go into the pool of money that Rutgers would eventually get?
Yes I would suggest a lot of it has to go into BTN stuff. .. which NewsCorp (Fox) owns a chunk of.I think the $50-60 million per school per year figure represents the Fox contract, the contract for the other 50% of the games (ESPiN or NBC?) and the other revenues that come to the schools through the conference (bowl money, BTN earnings, NCAA tournament payouts, etc.). Since the Fox contract is about $250 million per year total, that would mean around $16 million on average per school for 14 schools, leaving some for the conference operations as well.
So this article says that each big ten school will receive $60 mil starting 2017 just from the Fox contract. Does Rutgers get this or does it go into the pool of money that Rutgers would eventually get?
Thanks for the link.
"In effect, we’re about to enter into a world where Rutgers and Northwestern are going to earn significantly more TV money than Florida State, Oklahoma, USC and even Alabama and Notre Dame."
Mentioning us is a bit of a jab but I love it anyway!