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Syracuse Athletics
Syracuse Football Board
AP: FB schools to get $100M
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[QUOTE="nzm136, post: 560389, member: 2531"] No, I didn't mean a one-time payment from SU to UCONN for $30 million, I meant a one-time payment from anyoen to a rival. I figure UCONN will get a gain of $30 million, we will have a loss of $11 million (plus this year), and they will make $2 million/yr in TV money, but we will make $17-19 million in TV money on average over the course of the next TV contract (right now its 17, but i think the renegotiatiosn will be 19-20). In 2 years, we will have made 34 million, and they will have made 34 million (plus we will have higher bowl/NCAA tourney/conference tourney payouts). By year 3, we will have covered the $11 million plus tourney credits and the tiem value of money and then some. Then the 17 million from year 4 will cover the IPF. Add in differences in conference post season payouts and we cover the 4 million BE TV payout for those two years. That $30 million seems like a lot, but if they stay in the yet to be named conference for 3 more years, then they still come out behind. [/QUOTE]
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AP: FB schools to get $100M
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