Current Big XII TV Contract...$2.6B over 13 years (through 2025)...Each School receives $20M annually.
Here's my first question (I'm fairly certain this has been answered somewhere earlier in this thread, but GTFOOMF if you expect me to take the 15 hours to read it all)...
IF the BXII Adds teams through expansion...does the Big XII get to immediately renegotiate that deal, or is the same deal in place until 2025?
IF the answer is yes, then it makes perfect sense to add teams now. If the answer is no, I can understand waiting since I for one think the current rate of spending for TV contracts is NOT sustainable for 13 more years, and when we renegotiate in 2025 the world will be a far different place than it is now.
The other thing that nobody seems to be bringing up...The big 10 & SEC both have their own networks that they receive additional sub fees from when they add new markets...the BXII has no such network, so unless renegotiation of the ESPN/FOX deals is possible immediately upon expansion, we ain't expanding. (which leads to a 2nd question...does current TV deal prohibit BXII from forming their own network?)
