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New Big12 Deal: reported to be 2.6 B with ABC/ESPN/FOX & 20 million per school

Darth Snow

Darth Snow

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Big 12, ABC/ESPN & Fox will announce 13-year media rights deal Friday worth $2.6B, worth $20M per school, sources told @espn
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http://twitter.com/McMurphyESPN

Couldn't match the pac 12 $ after all. Now to take a look at how they break down the tier 1/2/3 rights. That looks like the right # for all tier 1 and 2 rights to me.
 
That helps to make sense of the numbers and why Larry Scott tried so hard to get UT and OU to join the Pac and add in all 3rd tier rights. We'd probably all be getting an extra $10-15 million a year out of the conference media deals and pushing $40 million a year. UT's arrogance cost them a ton of coin.
 
Pac 12 schools have some extra cash coming their way from the P12N ... does the B12?
 
duaneallman8 said:
So how does this not match the Pac12 deal? I thought it was worth 20m per school as well.
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1. Our deal kept a lot of the tier 1 and 2 content (read: football and basketball);
2. Pretty sure our deal has a higher average.
 
Big 12, ABC/ESPN & Fox will announce 13-year media rights deal Friday worth $2.6B, worth $20M per school, sources told @espn
Click to expand...

How does each team end up with $20M/year? Does the BIG XII not take anything? More accurate to divide the yearly compensation by 11, i.e. $18M/year per team average over the life of the contract.
 
And is it $20MM (or $18MM - our former conference mates weren't exactly strong on math), per school - or is it, more likely, 40 for Uterus, 30 for Okie, and 15 or less for everyone else?
 
I imagine the BigPlusMinus conference is still looking to expand, at least to 12. Someone else will be looking for their slice of the pie.
 
skibum said:
And is it $20MM (or $18MM - our former conference mates weren't exactly strong on math), per school - or is it, more likely, 40 for Uterus, 30 for Okie, and 15 or less for everyone else?
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It's split evenly. The conference agreed to equal sharing of first and second tier which is what this contract is. It's the third tier, where a lot of the non-football powers are going to make less then the Texas and OU's of the conference. Think the Pac's average was $21 million per university, excluding whatever the Pac-12 network nets per team.

It's a good deal for their conference, but they likely would have retained some of the teams that left had Beebe been much less of a moron, and gotten the teams to agree to equal sharing of the first and second tier to begin with. Would also be a lot more productive for them to have a Big XII network for all of the games not picked up by ESPN/FOX, but of course Texas is standing in the way of that.

We're still in a much better place, as with the Pac-12 network we're eventually going to hit a lot more of the country then each of the Big XII schools (with the possible exception of Texas), can hope to hit on their own. Just going to take a while for it to take off
 
http://www.big12sports.com/ViewArticle.dbml?DB_LANG=C&ATCLID=205680799&DB_OEM_ID=10410

Official announcement. And facts of agreement:


Terms

♦ 13-year agreement.
♦ 2012-13 athletic season through 2024-25.

Finances

♦ Combined with current revenue streams the Conference will provide annual average per institution television revenue at the highest level of college athletics.
♦ Coupled with FOX agreement signed in April 2011, provides a significant increase in the Conference's television rights.

Platforms

♦ Big 12 events to be carried on various ESPN and FOX platforms including ABC, ESPN, ESPN2, ESPNU, ESPN3, FOX, FX, FSN, Fox College Sports (FCS), and FOX Sports Digital Platforms.

Programming

♦ No warehousing of rights.
♦ Institutions have option to retain rights to one home football game and a minimum of four men's basketball games per season for distribution via permitted member institution outlets and third-party licenses including the FSN Regional Networks and FOX College Sports.
♦ No exclusive telecast windows, except for ESPN men's basketball "Big Monday" and "Saturday College GameDay" telecasts featuring Big 12 teams.

Annual Football Coverage

♦ Every Big 12 controlled football game.
♦ ABC/ESPN: 19 games per year thru 2015, increasing to 23 games annually in 2016 (minimum 13-15 full national exposures via ABC, ESPN, ESPN2, ESPNU or in combination with reverse mirror); maximum four-five games on ESPNU.
♦ FOX: Approximately 38 games with minimum of six contests annually on FOX broadcast and six games on a national cable outlet.
♦ Member Retained Game: One member-retained game, which must be carried on a FOX platform if returned.
♦ Television partners have a maximum four six-day picks between them per season.
♦ Minimum four Thursday games each season (including Labor Day weekend and Thanksgiving Day); and one Labor Day Sunday appearance.
♦ Maximum of four games scheduled for 8:15 p.m. local time starts per season with the following restrictions: no program required to play more than twice; host more than once; play consecutive weekends; and six-day pick only with Conference consent.

Annual Men's Basketball Coverage

♦ ESPN to televise 100-105 games per season, with 43 games on ESPN or ESPN2 (or sublicense to ABC, CBS, FOX) including a minimum of 30 intra-conference games.
♦ Up to 40 games on ESPNU.
♦ Option to sublicense up to 20 games to another national cable outlet.
♦ Up to six games per season for live origination on ESPN3.
♦ Remaining games on broadcast syndication with Big 12 Network branding.
♦ Minimum four games each season retained for individual permitted member institution outlets.
♦ A collective minimum of 50 games per season designated for permitted member institution outlets and third-party licensees (any games returned to ESPN are subtracted from the 50-game threshold).

Exposure

♦ FOX Sports Media Group platforms to carry a minimum of 40 non-football events annually
♦ Minimum of 31 women's basketball games per season on ESPN, ESPN2, ESPNU or FSMG platforms.
♦ ESPN networks retain option for up to 25 additional women's basketball and/or other sports contests per season.
♦ Championship events, except men's basketball, on FSMG platforms.
 
Serious Question:

How does the PAC-12 Network only being on a dozen households across the country affect our payout?
 
Darth Snow said:
1. Our deal kept a lot of the tier 1 and 2 content (read: football and basketball);
2. Pretty sure our deal has a higher average.
Click to expand...

If a tier 1 football game is played but no one can watch it, does it make a noise?
 
This new Big 12 deal has thrown some gasoline on my anger with Comcast & the Pac-12 Network plus used car salesman Larry Scott. The former Stanford AD is their new commissioner and he probably knows the pros and cons of the Pac-12 Network and used this to the Big 12's advantage. I know the Big 12 schools will earn less than the Pac-12 schools BUT what about the fans in this case? From my perspective, the Big 12 fans have the upper hand at this point.
 
NashBuff said:
This new Big 12 deal has thrown some gasoline on my anger with Comcast & the Pac-12 Network plus used car salesman Larry Scott. The former Stanford AD is their new commissioner and he probably knows the pros and cons of the Pac-12 Network and used this to the Big 12's advantage. I know the Big 12 schools will earn less than the Pac-12 schools BUT what about the fans in this case? From my perspective, the Big 12 fans have the upper hand at this point.
Click to expand...
:lol: oh :wow:
 
NashBuff said:
This new Big 12 deal has thrown some gasoline on my anger with Comcast & the Pac-12 Network plus used car salesman Larry Scott. The former Stanford AD is their new commissioner and he probably knows the pros and cons of the Pac-12 Network and used this to the Big 12's advantage. I know the Big 12 schools will earn less than the Pac-12 schools BUT what about the fans in this case? From my perspective, the Big 12 fans have the upper hand at this point.
Click to expand...

What exactly did Bob Bowlsby learn from the P12 Network that made it advantageous for the Big 12 to essentially sell ALL (except the worst game of the year for each team) of their football games to Fox and ESPN for less money that the P12 sold 44/80 of our games, and the games kept are NOT the worst 36 either. The P12 contract with ESPN/Fox is out of this world compared to the B12, especially given that in the last set of contracts, P12 was getting far less than the B12 in media rights.

DTV is known to play hardball in their contract negotiations. CU vs Sac State isn't the prime content that will make people change TV providers. If the deal isn't done by Cal-USC, sure you can call Scott a dumbass. Before then, it's just business. A few cents on the price adds up to millions of dollars over the length of these contracts so we also don't want Scott giving away anything to DTV just to get things done earlier than they need to be.

B12 has nothing left to sell as a network. If P12 suddenly asked for less money per sub, DTV would sign up in a second.
 
HouBuff said:
Serious Question:

How does the PAC-12 Network only being on a dozen households across the country affect our payout?
Click to expand...

The good thing about getting cable companies on board was that the network is guaranteed to be profitable. How profitable? Don't know. But startup costs were substantial and would have been a big risk to build up w/o guaranteed money. Cable still is 75% of the market, and the agreement does cover most of every major P12 city - with small pockets left out. 'In Market' rate per sub is 80-90 cents, while out of market is 10-20 cents. The money is coming in... obviously dish and direct would make it better. But the availability on the out of market national level is more embarrassing in terms of significantly reduced visibility, not lost money.

p12 could have done what the BTN did and try to get DTV on board nationally to start with (giving 1/2 ownership to Fox helped this happen), but that would not provide enough guaranteed money to ensure no loss from the startup costs. it took a while before cable agreed to carry BTN so there is a big risk there.
 
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