Arizona Knight
Walk On
- Joined
- Sep 15, 2011
- Messages
- 146
- Like
- 16
This is the key. The Big Ten is likely going to get 500 million per year. If 250 for half is the overpay part. I don't think the Big ten will average 44.5m per year.
Recent reports indicate that Big Ten schools are projecting $44.5 million in annual revenue by the first year of the new TV contract (2017-18) for 12 of its 14 schools. Maryland and Rutgers aren’t fully vested until they’ve been in the conference six years. The majority of that revenue will come from the league’s media contracts. The Big Ten Network pays $8 million per school annually. If the new deal eventually reaches $500 million per year, as Commissioner Jim Delany has sought, that would average $35.7 million per school once all of the schools are able to take a full share. Combined with the BTN revenue, the Big Ten’s annual revenue would reach a whopping $44 million per school.
Even if the other half goes for $200mm we are still looking at $32mm/year. Also, the $8mm/year for the BTN was the 2014 payout. 2015 has not been announced yet but it will be another jump as revenue increases and profits withheld due to on boarding of Maryland and Rutgers expire. By 2017 the BTN payout will be something tangibly greater than $8mm. If you go conservatively with 10 that's $42mm before NCAA, CCG (although that may be rolled into T1 deal), CFP, Bowls, etc. Full members will be north of $50mm in 2017.