New TV rights deal

[NYC-bluejay]

Thanks for the breakdown - anyone have any idea when we’ll see the official numbers?

[WBR Tom]

Thanks for the breakdown - anyone have any idea when we’ll see the official numbers?

It’s paywalled, but John Ourand reports it’s an $80m AAV over the six year agreement, or basically twice the previous deal ($480m for six years versus $500m over 12).

That’s incredible. It’s not Big Ten/SEC money, and not B12/ACC money either, but it’s basically the best of the rest. The American’s current deal is $83m per year including football, a deal negotiated when Houston and Cincy were still there. The MW gets $45m per year including football. For a hoops only league to get $80m per shows how valuable the Big East is viewed by TV execs.

Great work by Val and Co on this. Yeah, Peacock is a trade off but when even the NFL and NBA are putting postseason games on streaming, it’s wishful thinking to hope the Big East would be 100% linear. I’m not crazy about it either but it is what it is. At least the TNT Sports piece will be linear (though it sounds like it’ll be split between TNT, TBS and TruTv).

Silver lining: with streaming games you never have to deal with the previous game running long like on CBSSN and cutting off the start of the Jays game.

[Django]

Paint Touches did a great job of breaking down the comparison of Big Time Basketball’s budgets:

https://painttouches.com/2024/07/01/how ... -espn-sec/

And then there’s the ACC. Hoo boy, if you ever want to make someone mad, just tell them DePaul and Butler will be doubling what Duke and North Carolina are getting directly from TV revenue for their basketball.

[gtmoBlue]

Andrei Greska's article from August 2022 - Paint Touches
https://painttouches.com/2022/08/26/wha ... hts-worth/

This is the August 2022 original, complete article. Django's is the july 2024 updated version, with less overall information.
An in-depth breakdown of the projected value of Big East basketball.
Compaares to similarly venued sports, similarly attended sports (soccer/F1)
Compares to P4, compares to AAC, etc.

Bottom line his charts indicate the present value of Big East hoops is $100 Million/year.
He took the position that the conference will 'settle' for $80 Million/year. Spot on.

Sooo...Yes! We got lowballed...again. Even with 'almost' doubling the previous contract.

We settled for $480 Million over 6 years, ($80 mill/yr). $7.3($7.27) Mill/school/yr.
Using Greska's figures the BE's actual value is $600 Million over 6 years, ($100 Mill/yr). $9.1($9.09) Mill/school/yr

Greska's 2year old work is spot on. Way to go Andrei.

[Django]

Andrei Greska's article from August 2022 - Paint Touches
https://painttouches.com/2022/08/26/wha ... hts-worth/

This is the August 2022 original, complete article. Django's is the july 2024 updated version, with less overall information.
An in-depth breakdown of the projected value of Big East basketball.
Compaares to similarly venued sports, similarly attended sports (soccer/F1)
Compares to P4, compares to AAC, etc.

Bottom line his charts indicate the present value of Big East hoops is $100 Million/year.
He took the position that the conference will 'settle' for $80 Million/year. Spot on.

Sooo...Yes! We got lowballed...again. Even with 'almost' doubling the previous contract.

We settled for $480 Million over 6 years, ($80 mill/yr). $7.3($7.27) Mill/school/yr.
Using Greska's figures the BE's actual value is $600 Million over 6 years, ($100 Mill/yr). $9.1($9.09) Mill/school/yr

Greska's 2year old work is spot on. Way to go Andrei.

We were robbed!!!

We will have to make up the difference with NCAA credits and filling the CHI every game. And UCONN can make up their pigskin shortfall by scheduling 13 body bag games and selling their football stadium

BTW, this is my dream deal of a lifetime if true:

https://twitter.com/NtlChampsDotNet/sta ... _&ref_url=