...and can't wait to see your new stadium!! I think you should name it, 'Done Deal Stadium', especially with groundswell of support the project has picked up.
Joe P.
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ESPN buys second half of B1G rights for $190M/year
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...and can't wait to see your new stadium!! I think you should name it, 'Done Deal Stadium', especially with groundswell of support the project has picked up.
Joe P.
$31 million for Fox and ESPN.
Plus BTN money on top of that
Also, don't forget, this is just for Football
MBB deal is coming soon as well.
Plus BTN money on top of that
Also, don't forget, this is just for Football
MBB deal is coming soon as well.
the article was only speculating on tv numbers, which are now out. everything else is known info.
It's exactly what was originally reported. 240m from Fox + 10m from CBS = 250m.
You're not accounting for that other 10m for the rights to the Big Ten Basketball Tourney semis and championship game.
Yea but the reports were that Fox was paying as much as 250M nothing about CBS. In total the number ends up being the same but there were no mentions of CBS before. Before you'd think that CBS piece might be on top of Fox's 250M. Now it's included in the total figure. I actually said in past threads the reports said "as much as" so it's not necessarily 250M and that 250M could be based on Fox getting all the bells and whistle and if they didn't it might not be that high depending on how many bells and whistles they got. In the end it's semantics and doesn't really matter at all. It's basically the same whether Fox paid 240M or 250M.
http://www.cbssports.com/college-fo...orted-short-new-tv-deal-with-fox-makes-sense/
http://www.sportsbusinessdaily.com/Daily/Closing-Bell/2016/04/19/Big-Ten.aspx
SBJ reported that Fox will pay as much as $250 million per year for the rights to approximately 25 football games and 50 basketball games.
The deal runs six years and could cost Fox as much as $250M per year, depending on the amount of rights the Big Ten conference puts in its second package.
Lets see if ESPN bought it to better control the competition for their SEC and ACC products. $150M is not chump change, but if they use the investment to prop up their other partner products we'll see it in the schedule and availability of the games they control.
...and can't wait to see your new stadium!! I think you should name it, 'Done Deal Stadium', especially with groundswell of support the project has picked up.
Joe P.
Hah. This media deal is just another step closer to separate the distinction between P5 and G5, with how the deals are shaping out. Soon the G5 will become the new FCS.
Are you sure about that. I thought both halves consisted of 25 football games and 50 basketball games and now we know CBS got small piece as well. The rest is to the BTN. What's left?
It would have been easier to keep track of the money if we stayed in the AAC. We knew what we had there in an equal share, and there was none of this phase in stuff.
The point was that 4 of the 5 #s you posted ($~$12.5M, $4.7M, $4.4M, $740,000) were from that article.
Keeping an eye on the long term, it's tremendous. But right now, RU is not earning much more in conference payouts than it did in the BE.
True, but it's a snapshot in time, and expected as an entry into THE league. These contracts allow us to spend against those earnings, so all isn't lost in the short term.
This is a huge for the department and school, and validates everything that was sold prior to our entry.
Congratulations to Delany, the maestro. It isn't a surprise why he is one of the most powerful people in all of sport. His vision, implementation, and negotiation skills are second to none.
Hard to do with every article having different #s but here goes based on this link http://www.cheatsheet.com/sports/the-5-most-valuable-conferences-in-college-sports.html/?a=viewall
B1G - ~$53M in 2017
SEC - $34M in 2015
Pac12 - $25.5M in 2015
B12 - $25.3M in 2015
ACC - $22.1M in 2015
Depending on the article, these #s differ by a million or more.
ARE YOU CRAZY? Rutgers had to pay the BE just be in it.[roll] What's the most Rutgers ever earn from the BE/AAC? Was it something like $8 million in its last year or so. This past year I thought it was said Rutgers earned something like $12 or 13 million. It's going to up with the new deal even before Rutgers is a full invested member for the B1G Network deal. Rutgers is missing a lot of the B1G Network money and they don't get much of the old tier 1 TV deal. Rutgers should receive more from the new tier 1 deal. The big difference in what you see from Rutgers and the other members is the B1G Network money.
It would be nice if our B1G rev share was $32M-$40m (new FOX/ESPN/CBS TV deal & CFP & NCAA $) & just excluded the $12.5M or so from BTN but we have no idea if that's what will happen.
I think you're misinterpreting what I'm saying. Long term there is NO downside for Rutgers. This is fantastic on top of fantastic. I have no idea how much the conference payout last year was, but figures I heard were a little lower in the range of 9 mill. In any case, the point is in the short term we're competing against B1G teams while making BE/AAC money.
Fantastic - as I said in an earlier post, I really have no idea. I just heard single digit x millions, but numbers just don't seem to be consistent from one source to the next.
If this is the case then we're screwed and the B1G is going to bury us. If we receive no significant increase next year we will receive around $14 mil. with the ramp up. All others(except Maryland) will receive over $60 mil. once the new contract starts including our share.
That hardly seems fair or reasonable from anyone's viewpoint. So in essence what your saying is with this new contract our buy in actually increased proportionally to the new TV contract. I know we weren't in a great bargaining position but whoever signed that contract was a complete and utter idiot. I highly doubt that's the situation here. From my understanding we agreed to pay a specific buy in amount to be paid over a 7 year period. This buy in amount equates to buying equity into the B1G network.
Yes, although the Big Ten figure is an estimate, so we don't know if they went through and tried to include every single thing. Some o the other numbers are wrong though.
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You have it right our 1st payout from the B1G was not much more than our last year in the Big East, our payouts ramp up from there. Year two we will get a bigger payout several million more till fully vested in equity in the B1G Network. The question is, is that B1G Network amount a set amount(which I believe) or is it an escalation amount, meaning we signed a new contract you now owe us this(I highly doubt). Only a complete utter idiot would agree to this.
Looks like we are locked in to the amounts we agreed to in our contract unless we appeal for, and conference approves, a special bonus
http://www.nj.com/rutgersfootball/i...fox_sports_to_reportedly_pay_big_ten_264.html
http://www.nj.com/rutgersfootball/i...fox_sports_to_reportedly_pay_big_ten_264.html
So according the the Sargeant article this new TV deal would start in 2017, which is year 3 of our 6 year phase in plan. So that means that we will collect full share in the final 3 years of this deal. Is that correct?
With Fox getting to pick which games it wants to show it will be interesting to see if RU gets on Fox next year. We know RU is a ratings draw, but we will see how that works for Fox.
I think it's very reasonable to argue that the original deal should stand for the original revenues but in those areas where revenues were specifically enhanced by the inclusion of new members that accretive revenue should be divided equally. The deals were structured so as not to reduce payouts to existing members, but I would be very surprised to see accretive revenue not be shared equally by all members.
New TV contracts start in year 4 of our 6 years integration plan. FY2015 (yr. 1 - complete), FY2016 (ends on 6/30/2016); FY2017 (this upcoming season and last year of the current contract) and year 4 starts the new contract. Thus, Rutgers will be a full member for the last 3 years of the new TV contracts.
According to Sarge on nj.com, we will not see any of the increase until we become full share members in 2021.
The breakdown is this: $10.86 million in 2015-16, $11.2 million in 2016-17, $11.6 million in 2017-18, $14.9 million in 2018-19 and $19.3 million in 2019-20.
Well the nj.com article basically states what my line of thinking was with regards to an earlier ramp up of B10 revenues. But I'm not so discouraged by it as others. Would it be nicer to get more faster? Sure but it's not the end of the world. I posted this in another thread in the past and I don't feel like typing it all out again like I do too often so this is my line of thinking with regards to earlier revenue share:
As far as getting revenues sooner, of course that would be great but I don't see the worry that we'll have fallen so far behind everyone else the longer it takes. In my mind, I feel like there's a point of diminishing returns with every extra dollar they make more than we do. I mean these type of programs are already in front of us in terms of facilities, recruiting tools, coaching etc...There are still only 80 some odd scholarships to give no matter how much you spend.
In my mind the gap actually closes as the years go by because the return on every extra dollar we get over time is greater than our conference brethren who have had better resources than us forever. Just being in the B10 alone without any money has helped close the gap. The benefits from every boost we get in exposure and finances is greater than the benefits others get to me because they've already had all these advantages over us forever. And again there are only 80 some odd scholarship no matter how much they spend. We have to be smarter with our dollars because we'll never match some of these programs but I think the gap naturally closes over time to a degree rather than widens even if the absolute finances suggest otherwise.
So while not an elevator to the top it is closer to an escalator than just taking the stairs.
Not bad.
Agree.
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