Sources: @Big12Conference may have a new deal with Fox and ESPN in as little as week

3,311 Views | 30 Replies | Last: 3 yr ago by ABC BEAR
gobears20
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[url=https://twitter.com/dennisdoddcbs/status/1582889020933435394?s=46&t=ig4PQZD0i1y75pfB4fsCRA][/url]
Quote:


Asked how a new media rights figure could surpass $43 million per program, Yormark told CBS Sports, "I'm a good salesman." He stressed the value of live sports -- the unknown of who is going to win -- which has long been the attraction of TV rights.

I don't believe in flat," Yormark said of his conference. "We've got to go up. We've made a very compelling case. We're also selling a future vision. If you buy into my vision of where we're going to take this conference, how we nationalize, how we build our brands -- in partnership -- then you'll hopefully get to a point where you rationalize the number that I need in order to do this deal."
gobears20
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IowaBear
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60 million?! I'll believe that when I see it! I'll be extremely happen for the conference and it's future if it's more than 45 mill
gobears20
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They are probably including the future CFP
Aberzombie1892
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IowaBear said:

60 million?! I'll believe that when I see it! I'll be extremely happen for the conference and it's future if it's more than 45 mill
Yeah no one believes that the next Big 12 media deal revenues will amount to that much - it likely won't even be $35M per team (media rights only - not CFP, not bowls, not sponsorships, not NCAA tournament units).
CorsicanaBear
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Who knows? Maybe we finally have a commissioner who's doing his job, pushing the joint interests of all conference members, instead of just looking out for UT. Even so, a $60mm TV only deal seems like a lot.
Illigitimus non carborundum
BearlyBeloved
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bear2be2
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Aberzombie1892 said:

IowaBear said:

60 million?! I'll believe that when I see it! I'll be extremely happen for the conference and it's future if it's more than 45 mill
Yeah no one believes that the next Big 12 media deal revenues will amount to that much - it likely won't even be $35M per team (media rights only - not CFP, not bowls, not sponsorships, not NCAA tournament units).
The number being thrown around yesterday was $400 million for Tier 1 and 2 rights. That would be $33.33 million per school before Tier 3 agreements and all of the stuff you mention.
BearlyBeloved
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BearlyBeloved said:




Aberzombie1892
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bear2be2 said:

Aberzombie1892 said:

IowaBear said:

60 million?! I'll believe that when I see it! I'll be extremely happen for the conference and it's future if it's more than 45 mill
Yeah no one believes that the next Big 12 media deal revenues will amount to that much - it likely won't even be $35M per team (media rights only - not CFP, not bowls, not sponsorships, not NCAA tournament units).
The number being thrown around yesterday was $400 million for Tier 1 and 2 rights. That would be $33.33 million per school before Tier 3 agreements and all of the stuff you mention.


Who is reporting that?
Stefano DiMera
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One thing that was not included in the OP that was on the original story by Dodds is one way he plans to raise revenue is raising ticket prices for the Big 12 tournament.

Also read he was interested in moving it around and rotating sites. Don't know if he's thinking the same for football.
PartyBear
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I saw a report last week that thus far the best the Pac is doing is 16 million per school. Offer has not been accepted at this point.
CTbruin
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It's going to be fun watching the "crow" eating..........
CorsicanaBear
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Quote:

Also read he was interested in moving it around and rotating sites. Don't know if he's thinking the same for football.
There are appropriate venues in the conference footprint for basketball in Houston, Dallas, KC and Orlando. This presumes the games need to be played in an NBA facility.

There are appropriate venues for football in the footprint only in Dallas and Houston. This presumes the games need to be played in a domed NFL facility or an NFL outdoor facility in the south.
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Mr Tulip
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Seeing as how the payouts would be the confidential-est of confidential information, affecting negotiations between several conferences and myriad potential broadcast partners, I simply can't believe that anyone with any actual knowledge of real numbers has said anything.

In short, payout numbers are WAGs until the ink is dry.
PartyBear
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Mr Tulip said:

Seeing as how the payouts would be the confidential-est of confidential information, affecting negotiations between several conferences and myriad potential broadcast partners, I simply can't believe that anyone with any actual knowledge of real numbers has said anything.

In short, payout numbers are WAGs until the ink is dry.
Well the commissioner did say without specificity that the pay out is expected to be higher than it currently is even without Texas and OU. I cant believe a guy like the new commissioner would say something like that without knowing pretty firmly the neighborhood of where things will end up.
Stefano DiMera
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Yeah .plus a carefully crafted leak could be to his advantage..if we have hard numbers and are looking to expand..that gives us an advantage on PAC 12 who still doesn't have a deal or hard numbers.
Adriacus Peratuun
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CorsicanaBear said:

Quote:

Also read he was interested in moving it around and rotating sites. Don't know if he's thinking the same for football.
There are appropriate venues in the conference footprint for basketball in Houston, Dallas, KC and Orlando. This presumes the games need to be played in an NBA facility.

There are appropriate venues for football in the footprint only in Dallas and Houston. This presumes the games need to be played in a domed NFL facility or an NFL outdoor facility in the south.
The full impact of transitioning to a national conference with modern marketing will surprise folks.

New York, Orlando, Miami, Las Vegas, Seattle, Denver, etc. will allow the New B12 to showcase its brand in ways that KC never allowed. Expect scheduling to be up for discussion also. B12 positioning in the 2 week conference championship window [MBB & WBB] hasn't been ideal.

FB…….tighter rotation than BB but still rotating and more locations than current.
Vegas Baby Vegas. South Beach. And some JerryWorld thrown in.

Stefano DiMera
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Yep.. exactly..the locations don't have to be related to campus sites..I'd throw NYC. Chicago and others in mix..he's gonna go where the money is (I.e big corporate sponsors)
monsterbear61
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Adriacus Peratuun said:

CorsicanaBear said:

Quote:

Also read he was interested in moving it around and rotating sites. Don't know if he's thinking the same for football.
There are appropriate venues in the conference footprint for basketball in Houston, Dallas, KC and Orlando. This presumes the games need to be played in an NBA facility.

There are appropriate venues for football in the footprint only in Dallas and Houston. This presumes the games need to be played in a domed NFL facility or an NFL outdoor facility in the south.
The full impact of transitioning to a national conference with modern marketing will surprise folks.

New York, Orlando, Miami, Las Vegas, Seattle, Denver, etc. will allow the New B12 to showcase its brand in ways that KC never allowed. Expect scheduling to be up for discussion also. B12 positioning in the 2 week conference championship window [MBB & WBB] hasn't been ideal.

FB…….tighter rotation than BB but still rotating and more locations than current.
Vegas Baby Vegas. South Beach. And some JerryWorld thrown in.


New York market... are you thinking Syracuse, or maybe letting UCONN in because they are like Kansas in BBall/Football? (No knock on KU here... I hope they continue to improve at Football after this weekend).
monsterbear61
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monsterbear61 said:

Adriacus Peratuun said:

CorsicanaBear said:

Quote:

Also read he was interested in moving it around and rotating sites. Don't know if he's thinking the same for football.
There are appropriate venues in the conference footprint for basketball in Houston, Dallas, KC and Orlando. This presumes the games need to be played in an NBA facility.

There are appropriate venues for football in the footprint only in Dallas and Houston. This presumes the games need to be played in a domed NFL facility or an NFL outdoor facility in the south.
The full impact of transitioning to a national conference with modern marketing will surprise folks.

New York, Orlando, Miami, Las Vegas, Seattle, Denver, etc. will allow the New B12 to showcase its brand in ways that KC never allowed. Expect scheduling to be up for discussion also. B12 positioning in the 2 week conference championship window [MBB & WBB] hasn't been ideal.

FB…….tighter rotation than BB but still rotating and more locations than current.
Vegas Baby Vegas. South Beach. And some JerryWorld thrown in.


I was wondering if UCONN might be a good addition to the conference for BBall, kind of like Kansas? Bad to mediocre football, but a great basketball brand.... and an East Coast market.
Stefano DiMera
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I think we're taking about possible championship site locations..not future members.
bear2be2
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Aberzombie1892 said:

bear2be2 said:

Aberzombie1892 said:

IowaBear said:

60 million?! I'll believe that when I see it! I'll be extremely happen for the conference and it's future if it's more than 45 mill
Yeah no one believes that the next Big 12 media deal revenues will amount to that much - it likely won't even be $35M per team (media rights only - not CFP, not bowls, not sponsorships, not NCAA tournament units).
The number being thrown around yesterday was $400 million for Tier 1 and 2 rights. That would be $33.33 million per school before Tier 3 agreements and all of the stuff you mention.
Who is reporting that?
It was on The Marchand and Ourand Sports Media Podcast.

And just for clarity's sake that was their read on the Big 12's asking price, not necessarily what the league would end up getting. But they seemed to think time was on the Big 12's side and there was movement on a deal.

You can hear that segment on the link below. They start that discussion a little before the 22-minute mark.

https://podcasts.apple.com/us/podcast/episode-55-tbs-analyst-and-baseball-hall-of-famer/id1587364692?i=1000583147975
CorsicanaBear
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Quote:

Vegas Baby Vegas
Vegas always depresses me. The only part that isn't fake is the part where they take your money (from the faux Eiffel tower to, well, everything else). A town full of people who don't understand probability (not just related to the games of chance). Too many people doing things they can't afford to do (on many levels). All of this creates a miasma of desperation that all the lights and shows cannot dispel.
Illigitimus non carborundum
Stranger
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CorsicanaBear said:

Quote:

Vegas Baby Vegas
Vegas always depresses me. The only part that isn't fake is the part where they take your money (from the faux Eiffel tower to, well, everything else). A town full of people who don't understand probability (not just related to the games of chance). Too many people doing things they can't afford to do (on many levels). All of this creates a miasma of desperation that all the lights and shows cannot dispel.


that's damn near Shakespearean
I'm a Bearbacker
boognish_bear
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boognish_bear
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Brian Ethridge
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boognish_bear said:


Greg is correct.

26-28m currently but paid out 42.6m

The low end, not including Tier 3, is 47m after the other additional revenue streams for all conference members. Add in Tier 3 and CFP and 60m is plausible as deal is expected to be near 1.9b for 12 team playoff.
Wolf 359
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Here is the take, on the current media rights negotiations, of the resident "Media Insider" on a fellow Big-12 member's fan board. He posted some numbers for the last year of the anticipated 5 year back-loaded TV agreement. Although his number are higher, they pretty much track with what has been discussed above.

For entertainment purposes only . . .
Quote:

A few corrections to some narratives floating around out there...


- The Big 12 argued its new 12-member alignment is worth, on the open market, $500mm total starting in 2025 for 5 or 6 years, plus a "make right" if ESPN wants to move TX/OU out early (would look like higher fees over the next two years). The response to that wasn't as negative as anticipated. $400mm as the AAV for the 5-6 year extension is the current "median," and I think it's a number both sides can say yes to.

- For reference, the current Big 12 contract has a $250mm AAV and is scheduled to peak around $275mm total in 2024-2025. That's for the existing ten members, including OU and Texas. The extension would, in effect, build off that $275mm number and accelerate into the latter part of this decade.

- Why would ESPN and FOX be interested? From what I see, the primary reason is that they see this as the best CFB rights available anytime soon, and they know they'll have to pay more if they wait two years. Better to wrap it up now, and the two sides are aligned: Big 12 wants stability and certainty too and wants to get their $$ now vs. after the CFP and NBA take bigger chunks of the shrinking pie. Both FOX and ESPN need the content, especially FOX, and ESPN needs to protect ESPN+ from churn.

- The biggest items remaining are A) Fees, B) Term, and C) TX/OU exit. ESPN wants them into the SEC ASAP, FOX wants to be compensated... I have good news: There is a path to get this done. FOX needs more Tier 1 content, and ESPN has plenty with the SEC and ACC. All ESPN really wants here is some football for its networks and ESPN+, all the basketball, and Tier 3 for ESPN+, and they are willing to give Tier 1 to FOX or at least change the selection criteria to preference FOX in the selection draft. Is that enough to get it done? Maybe, maybe not.

- The Big 12 will stand firm on the exit fee but will negotiate on the penalty to allow TX/OU to leave if it helps get a good rights deal done.

- A recent straw poll of Big 12 Presidents showed that this deal if brought to the board would get approved. Any interest in waiting so that we can call Amazon or WBD is "low" I'm told.

- If you are curious, this is what a 2027-2028 revenue distribution could look like for the Big-12 individual schools:

Media Rights/Fees/Licensing: $35 million
CFP Share: $32 million
NCAA Revenue: $5 million
Other: $1 million

Total Big 12 Annual Distribution per member: $73 million

SEC/Big Ten will probably be $100-125 million by that point.

ACC: LOL
PartyBear
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With numbers that good Oregon and UW will want in if the B10 still thinks they would lessen their payouts. I assume these numbers are flexible for expansion can go up right away if the XII if we add programs that increase the value. In other word I assume there are clauses that allow expansion without having to wait for the next expiration date.
ABC BEAR
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CorsicanaBear said:

Quote:

Vegas Baby Vegas
Vegas always depresses me. The only part that isn't fake is the part where they take your money (from the faux Eiffel tower to, well, everything else). A town full of people who don't understand probability (not just related to the games of chance). Too many people doing things they can't afford to do (on many levels). All of this creates a miasma of desperation that all the lights and shows cannot dispel.
Vegas is the land of great opportunity. The current push is to become a sports-centric city utilizing its current facilities and promoting a new NBA quality arena currently under construction on the South Strip and a new retractable dome facility announced this week for the North Strip.

The folks here know how to promote events and draw people to them. The XII would do well having Vegas in the tournament city rotation.

FWIW - I.m having breakfast today at Mon Ami Gabi on the street side terrace under the fake Eiffel tower. It's great for business meetings and people watching. It would be even better if the street was filled with fans from XII schools.
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