Big 12 signs new TV deal with ESPN and FOX

[OrangeXtreme]

 

[longtimefan]

Which would be a maximum of $32M per school per year for 6 years--not counting the league's cut.

 

[Chris02M]

Not accurate. They’re already making 42.6m per school so this would increase it to 50m or more depending on bowls, etc. At least according to ESPN

the 50 includes playoff and bowl monies and ncaa money

 

[qdawgg]

the 50 includes playoff and bowl monies and ncaa money

 

[KaiserUEO]

someone needs to tell them...nobody cares about that non P4 conference.

 

[Jake]

Which would be a maximum of $32M per school per year for 6 years--not counting the league's cut.

Not good. This is only going to motivate ACC football powers to bolt. Reinforces that they are leaving $ on the table in the ACC.

 

[OrangeXtreme]

 

[Toga]

Reports: Big 12 reaches new media rights deal with ESPN, Fox worth more than $2 billion

The Big 12 has reportedly reached a six-year extension with ESPN and Fox through 2030-31.

www.yahoo.com

 

[Chris02M]

i was talking existing playoff money as we will get a big bump when the 12 team playoff as well

 

[FRANKIEFAN]

Every member of that conference could be left out of a major conference easily in another round of realignment its a good deal for them its the AAC and MWC on steroids.

Big Ten has better markets and the schools in the big markets in the Big 12 are second rate (Texas) they will get good exposure and the stands will be full for games they are adding solid teams.

ACC is in better shape but isn't good enough at football to expect that kind of pay day. Look at how badly the media will NC State and Miami to be good every year to give Clemson some company at the top and how badly they are let down. ACC does have the better footprint than the SEC head to head overall but their markets are far more college sports crazy. (Would you rather be advertising ot people in the Carolinas and Virginia or Louisiana/Mississippi/Alabama?)

 

[corpjet]

ACC has to do something with their current deal, esp when the Pac12 money will be greater. Too much money being left on the table.

We/ACC really missed the boat signing such a long term deal in an ever changing college media/tv landscape.

 

[anomander]

Not good. This is only going to motivate ACC football powers to bolt. Reinforces that they are leaving $ on the table in the ACC.

Yup. Not good for the ACC

 

[Sherman20]

Not good. This is only going to motivate ACC football powers to bolt. Reinforces that they are leaving $ on the table in the ACC.

Your observation makes no sense. The projected ACC money in 2025-26 will be higher than what the new Big12 schools will be getting. I believe the projections are well over $50 million per school (not including the new playoff, of course). The ACC may very well gobble up the Big12 and the PAC-12’s best brands to reopen the contract if need be. Clemson, FSU, Miami, UNC, etc. are more valuable than anyone in the Big12 and on par with Oregon, Washington, Stanford. I think the ACC will eventually open up a western flank with several PAC-12//Texas/western schools.

 

[OttoinGrotto]

Your observation makes no sense. The projected ACC money in 2025-26 will be higher than what the new Big12 schools will be getting. I believe the projections are well over $50 million per school (not including the new playoff, of course). The ACC may very well gobble up the Big12 and the PAC-12’s best brands to reopen the contract if need be. Clemson, FSU, Miami, UNC, etc. are more valuable than anyone in the Big12 and on par with Oregon, Washington, Stanford. I think the ACC will eventually open up a western flank with several PAC-12//Texas/western schools.

Pretty sweet when the Atlantic Ocean touches the Pacific Ocean.

Call it the Panama Conference.

 

[sutomcat]

Your observation makes no sense. The projected ACC money in 2025-26 will be higher than what the new Big12 schools will be getting. I believe the projections are well over $50 million per school (not including the new playoff, of course). The ACC may very well gobble up the Big12 and the PAC-12’s best brands to reopen the contract if need be. Clemson, FSU, Miami, UNC, etc. are more valuable than anyone in the Big12 and on par with Oregon, Washington, Stanford. I think the ACC will eventually open up a western flank with several PAC-12//Texas/western schools.

Agree.

That $32 million number is likely the average each school will get over the life of the contract. There are escalators for inflation that are substantial for all of these contracts. So they might get $28 per for next year, $32 million in 2026 and $36 million or so at the end of the contract in 2030.

I think this is a slight cut in pay for the schools over what they are already getting now but if it is an average payout over the life of the contract, it means they will fall significantly behind the ACC in revenue for the first time.

Also, there is no announcement of a network for the B12. Pretty sure with Comcast now on board, the ACCN is going to net each school somewhere between $5 and $10 million per year.

Bowl money and playoff money is I think about the same for the B12 and the ACC. The B12 might actually get a little more bowl money since the ACC was really weak when the last round of bowl contracts was done. I expect the ACC will get more playoff money on average. NCAA payouts for the basketball tournament will probably favor the ACC but even with Texas and Oklahoma, the B12 is still good in hoops and the money difference should not be really significant.

Most significantly, I don’t see a GOR announced. That means the B12 is inherently unstable until 2030. If another conference wants to poach a B12 school, they can do it with no problem the rest of the decade.

I think the article says the P12 is looking at an even more significant haircut. You can bet they won’t be signing a GOR with their next contract as well. All these schools want to be free to leave their bad situation if a better offer ever comes.

You can bet the SEC, B1G and the ACC will have regular discussions with ESPN (and Fox and others for the B1G) over h whether it makes fiscal sense to take more schools from the B12 and P12. If it does, they will be raided.

 

[kcsu]

Agree.

That $32 million number is likely the average each school will get over the life of the contract. There are escalators for inflation that are substantial for all of these contracts. So they might get $28 per for next year, $32 million in 2026 and $36 million or so at the end of the contract in 2030.

I think this is a slight cut in pay for the schools over what they are already getting now but if it is an average payout over the life of the contract, it means they will fall significantly behind the ACC in revenue for the first time.

Also, there is no announcement of a network for the B12. Pretty sure with Comcast now on board, the ACCN is going to net each school somewhere between $5 and $10 million per year.

Bowl money and playoff money is I think about the same for the B12 and the ACC. The B12 might actually get a little more bowl money since the ACC was really weak when the last round of bowl contracts was done. I expect the ACC will get more playoff money on average. NCAA payouts for the basketball tournament will probably favor the ACC but even with Texas and Oklahoma, the B12 is still good in hoops and the money difference should not be really significant.

Most significantly, I don’t see a GOR announced. That means the B12 is inherently unstable until 2030. If another conference wants to poach a B12 school, they can do it with no problem the rest of the decade.

I think the article says the P12 is looking at an even more significant haircut. You can bet they won’t be signing a GOR with their next contract as well. All these schools want to be free to leave their bad situation if a better offer ever comes.

You can bet the SEC, B1G and the ACC will have regular discussions with ESPN (and Fox and others for the B1G) over h whether it makes fiscal sense to take more schools from the B12 and P12. If it does, they will be raided.

Spot on Tom.
The ACC is in as good a position as possible. People complain about the financial situation but completely under value the GOR.
Without it the ACC would have lost NC GT FSU Miami and Clemson. SU would be in a horrible position.
The GOR has and will continue to provide the ACC with time to improve its financial situation.
I fully expect the ACC to benefit financially from an arrangement with the PAC. I also believe that ND will remain independent and continue their membership and partnership with the ACC which has significant value.
We will end up in 3rd position financially which is fine. SU will have more than enough resources to compete against its conference foes and with the new scheduling format of the ACC in combination with the 12 team playoff remain a tier 1 football and basketball school.
We are extremely fortunate to be in the ACC and should be grateful for the stability that the leagues Grant if Rights agreement provides.

 

[HRE Otto IV]

Agree.

That $32 million number is likely the average each school will get over the life of the contract. There are escalators for inflation that are substantial for all of these contracts. So they might get $28 per for next year, $32 million in 2026 and $36 million or so at the end of the contract in 2030.

I think this is a slight cut in pay for the schools over what they are already getting now but if it is an average payout over the life of the contract, it means they will fall significantly behind the ACC in revenue for the first time.

Also, there is no announcement of a network for the B12. Pretty sure with Comcast now on board, the ACCN is going to net each school somewhere between $5 and $10 million per year.

Bowl money and playoff money is I think about the same for the B12 and the ACC. The B12 might actually get a little more bowl money since the ACC was really weak when the last round of bowl contracts was done. I expect the ACC will get more playoff money on average. NCAA payouts for the basketball tournament will probably favor the ACC but even with Texas and Oklahoma, the B12 is still good in hoops and the money difference should not be really significant.

Most significantly, I don’t see a GOR announced. That means the B12 is inherently unstable until 2030. If another conference wants to poach a B12 school, they can do it with no problem the rest of the decade.

I think the article says the P12 is looking at an even more significant haircut. You can bet they won’t be signing a GOR with their next contract as well. All these schools want to be free to leave their bad situation if a better offer ever comes.

You can bet the SEC, B1G and the ACC will have regular discussions with ESPN (and Fox and others for the B1G) over h whether it makes fiscal sense to take more schools from the B12 and P12. If it does, they will be raided.

I believe there is a GOR and that they gave up their Tier 3 rights to ESPN+.

 

[sutomcat]

I believe there is a GOR and that they gave up their Tier 3 rights to ESPN+.

Correct. HokieMark has more details.

Given there wasn't much competition out there, the B12 did really well. Impressed they are apparently going to be able to get everyone to sign a GOR.

OT: Thoughts on Big XII TV Contract

This blog is about ACC Football - past glory, what went wrong, and how to fix it and get back to the glory days again.

accfootballrx.blogspot.com

 

[721Comstock]

ACC has to do something with their current deal, esp when the Pac12 money will be greater. Too much money being left on the table.

We/ACC really missed the boat signing such a long term deal in an ever changing college media/tv landscape.

I’ll beg to differ.

If NOT for the longer-term deal - and more importantly the GOR that went along with it -
The ACC would already have been poached heavily a la the B12 and PAC.
It might not even exist today.

I have no doubt that teams like Clemson, FSU, and The Ewe (lol) would jump at the chance to cash
$€¢ or B1G checks.

 

[elimunelson]

I’ll beg to differ.

If NOT for the longer-term deal - and more importantly the GOR that went along with it -
The ACC would already have been poached heavily a la the B12 and PAC.
It might not even exist today.

I have no doubt that teams like Clemson, FSU, and The Ewe (lol) would jump at the chance to cash
$€¢ or B1G checks.

Agreed. We're in a stay of execution. This will change when the GOR loses its financial muscle. But for now, we're in great position. Ultimately we're a gypsy. At some point the town will push us out and we'll be wandering for our next port

 

[HRE Otto IV]

Not worried about our future. IMO either we end up in a 30 team B1G with a Northeastern division of Notre Dame, Penn State, Boston College, and Rutgers... or we are playing in a conference of leftovers along with West Virginia, Pitt, Boston College, Temple, and UConn.

The former we would win the division once in a blue moon, but we would be playing big time football. The latter we could win the division pretty often and make the playoffs. But it would be like playing in the New Big East, which isn't as attractive. Although IMO the BBall would be more attractive.

Either way we get back to being a Northeastern team playing yearly Northeastern opponents.

 

[anomander]

Your observation makes no sense. The projected ACC money in 2025-26 will be higher than what the new Big12 schools will be getting. I believe the projections are well over $50 million per school (not including the new playoff, of course). The ACC may very well gobble up the Big12 and the PAC-12’s best brands to reopen the contract if need be. Clemson, FSU, Miami, UNC, etc. are more valuable than anyone in the Big12 and on par with Oregon, Washington, Stanford. I think the ACC will eventually open up a western flank with several PAC-12//Texas/western schools.

When is the ACC TV deal up? I assumed it wasn’t until the GOR expired? I don’t have much knowledge about this and curious to see the options. I would take my comment back about being in trouble if we are able to negotiate a new TV/Streaming deal before the GOR expires.

 

[JKinPhilly]

When is the ACC TV deal up? I assumed it wasn’t until the GOR expired? I don’t have much knowledge about this and curious to see the options. I would take my comment back about being in trouble if we are able to negotiate a new TV/Streaming deal before the GOR expires.

This B12 deal will expire and be re-negotiated before the ACC gets a change to re-negotiate our current deal. We are going to be left behind quicky

 

[anomander]

This B12 deal will expire and be re-negotiated before the ACC gets a change to re-negotiate our current deal. We are going to be left behind quicky

That’s what I thought

 

[whobut03]

This B12 deal will expire and be re-negotiated before the ACC gets a change to re-negotiate our current deal. We are going to be left behind quicky

You're assuming the B12 doesnt get poached between now and then.

It's been said but ACC has the GOR. In 10 years, who knows how we will be consuming content.