calumnus said:
sycasey said:
Econ141 said:
philbert said:
sycasey said:
Econ141 said:
philbert said:
JRL.02 said:
Really interesting story here. The Big 12 contemplated adding Stanford and California, but four schools blocked it… Iowa state, Oklahoma State, Texas Tech, and Kansas State. Why? Their media contract is set to 16 members or something. https://t.co/n5mQYRGSxM
interesting. would Calfurd have accepted the invite if it was for a full share?
I think more interesting is the fact that this confirms Cal and Stanford, despite being in a large media market aren't worth 30mm. We are in fact dilutive in the B12 which is quite sobering.
Not sure that's accurate. It's more that the B12 had filled the four slots the networks had allocated them and more add-ons would be dilutive. It's down to Cal and Stanford not being proactive about finding new conferences and other schools jumping at their chances.
Stanford would be valued above the Arizona schools and Colorado (pre-Deion) in a vacuum for sure.
That's my interpretation as well.
Doesn't "more add-ons would be dilutive" mean that we would be worth less than the 30-whatever million they were willing to pay Colorado and Arizona?
No, because the $30 million spots were limited and got filled up before Cal and Stanford bothered trying to get them. The market was not truly open at that point. In a fully open market (say, where conferences could draft all the schools from scratch) I don't think Cal and Stanford go after all four of those others.
And in fact ESPN is paying a full $40 million share to the ACC for each of Cal and Stanford (and SMU) and reportedly was so eager to make it happen they offered additional money to cover the additional travel.
SMU was G5. If the three of us combined are worth more than $120 million to ESPN, I'm pretty sure Cal and Stanford are worth something north of $40 million each. Now a sizable chunk of our value will be retained by the other ACC schools, but that was the price of admission especially due to 4 schools having leverage and our bad negotiating position.
Who is giving you all this incorrect information.?
The entire ACC distribution ia around $39-40 million on average. The ESPN contract is for $30 million.
Cal and Stanford will receive a partial share of ACC Tier 1 media revenue estimated at about $25 million annually. Cal and Stanford will get a 30% share in the first seven years, followed by 70% in year eight and 75% in year nine before getting the full amount. SMU will forgo all ACC media rights distribution for nine years. All three schools will immediately get full revenue shares from the ACC Network, the College Football Playoff, bowl games and NCAA men's basketball tournament units. Cal and Stamford also participate in the incentive plan of some of the media money forego. For example, if they make the football playoffs, the get a decent portion of the tier 1 media rights they forego.
The reason a full share was paid for each team was because that is what the ACC/'ESPN contract provided. They also must have liked the redistribution of money to other teams particularly Clemson and FSU, with the hope they have less incentive to go to the Fox B1G. Cal probably was playing with UCLA money to some significant degree in dropping its media share, I was not aware ESPN chipped in travel money. Do you have a source for that?
Here some sources for you:
https://apnews.com/article/acc-conference-realignment-expansion-stanford-cal-smu-95e7d6f990dd35a638f9bef72fe96ee7https://www.espn.com/college-football/story/_/id/38278920What Cal, Stanford, SMU ACC expansion means, what's nextESPNhttps://www.espn.com college-football
story acc-...The league announces Wednesday it would begin incentivizing wins in the postseason for ACC teams.
Check out this story on tallahassee.com:
https://www.tallahassee.com/story/sports/2023/05/24/atlantic-coast-conference/70252946007/