Smoke your cigars and enjoy the band while you can....

[kstater]

how does that compare to other conferences, that's all I care about

SEC is hoping to get 30 Million with their new deal with an SEC network included.

[CyberToothCat]

http://www.sportsbusinessdaily.com/Special-Content/News/2012/Big-12-ESPN.aspx

The Big 12 is on the verge of a blockbuster TV contract that will put its media revenue among the top tier of college conferences, despite losing several marquee programs in the last two years.

The Big 12 and ESPN are nearing an extension that will earn the conference — combined with its Fox TV contract — $2.5 billion over the next 13 years, according to industry sources. The ESPN extension would run through 2025 and sync up with Fox’s deal.

By network, the Big 12 stands to make $1.3 billion from ESPN and $1.2 billion from Fox over the life of the two deals. ESPN’s old contract with the Big 12 ran through 2016, but the two sides are close on a nine-year extension that will increase the conference’s average revenue from its current $150 million a year to nearly $200 million annually. Each Big 12 school stands to make roughly $5 million more a year in the new contract over the old deal.

What they heck?

Ol Chuck is retiring in mid-summer and the Big 12 is actively searching for a new commissioner.  Some reports have hinted at some dude named Ebersol, who has a ton of TV connections, as the frontrunner.  The new commissioner is expected to bring a bunch of new ideas and energy into the conference and take us to (financial) heights we've never seen before.

So.... Chuck is going to lock us into a 13-year deal just prior to stepping down and this bold visionary takes charge?  This makes no sense.  Wouldn't the Big 12 want to wait until we actually have, you know, a full-time commissioner in place before negotiating and signing a new TV deal?

And what about the idea of playing the field?  When our contract with ESPN expires in a couple of years, we'll be able to renegotiate with ESPN, Fox, NBC, and anyone else that might be interested.  Do we want to lock ourselves into a long-term deal without testing those waters?

This article seems completely out of left field.

[bws]

The SEC payout was around 19.5 million according to this link

http://www.al.com/sports/index.ssf/2012/02/sec_payout_reached_195_million.html

 Apparently they can now renegotiate, but no one knows how much more they will get.

The ACC is around 16-17. According to that article the Pac 12 is at around 21 and I think the BIG 10 is around 22 each including their Tier 3.

This is a pretty good deal for the Big 12, they probably want to do the safe thing and lock it in now.

[steve dave]

um, yeah, if we are getting more than the ACC, pac12, big 10 and sec I would like to lock it up immediately.  however, I don't believe we really would be comparing apples to apples...would we?  WOULD WE!? 

[sonofdaxjones]

The question on a conference network is always:  Will it pay my school more than our current Tier III rights do/will in the near future?

The BTN paid each school $7.9 million for FY 2011 for example.   The big question, could a Big 12 Network match that?  Probably not.  A conference Tier III network would have to pay out at least $5 million a year to make it wort it for a school like K-State, for ku, it would need to be more.   

That article is a bit out of left field, and the only way I will feel better is knowing that the contract is open to re-negotation IF the Big 12 adds schools.

[bws]

My guess is that after everyone renegotiates and its all settled, K-State will probably be making more than all the ACC schools, will be right near the Pac 12 after our third tier distribution, and behind the Big 10 and SEC.

Darren Rovell tweeted tonight that we may be starting to see a ceiling on media deals, if thats true the SEC is probably not going to make nearly as much by adding two mediocre athletic schools as their fanboy bloggers think. Projections of 35 million per school have been thrown around and that seems pretty extreme. That's what UT will be making now with their ridiculously overpriced third tier deal plus this. And they are the only school in the country that is even close to worth that.

[kstater]

This new deal is based on a 10-team league and sources said it could be worth even more per school if the Big 12 expands to 11 or 12 teams.

http://www.cbssports.com/collegefootball/story/17774745/big-12-negotiating-media-rights-deal-worth-at-least-26-billion

[Katpappy]

This new deal is based on a 10-team league and sources said it could be worth even more per school if the Big 12 expands to 11 or 12 teams.

http://www.cbssports.com/collegefootball/story/17774745/big-12-negotiating-media-rights-deal-worth-at-least-26-billion

Great, now I guess we'll go after Clemson and Florida State... oh darn. 

[Norm93]

My guess is that after everyone renegotiates and its all settled, K-State will probably be making more than all the ACC schools, will be right near the Pac 12 after our third tier distribution, and behind the Big 10 and SEC.

Darren Rovell tweeted tonight that we may be starting to see a ceiling on media deals, if thats true the SEC is probably not going to make nearly as much by adding two mediocre athletic schools as their fanboy bloggers think. Projections of 35 million per school have been thrown around and that seems pretty extreme. That's what UT will be making now with their ridiculously overpriced third tier deal plus this. And they are the only school in the country that is even close to worth that.

He's probably right.  Cable and satellite companies (not that I have much sympathy for them) are starting to push back harder on carriage fees.  Not only are collegiate sports contracts increasing, but the NFL just received another increase this year. 

[Katpappy]

http://www.sportsbusinessdaily.com/Special-Content/News/2012/Big-12-ESPN.aspx

The Big 12 is on the verge of a blockbuster TV contract that will put its media revenue among the top tier of college conferences, despite losing several marquee programs in the last two years.

The Big 12 and ESPN are nearing an extension that will earn the conference — combined with its Fox TV contract — $2.5 billion over the next 13 years, according to industry sources. The ESPN extension would run through 2025 and sync up with Fox’s deal.

By network, the Big 12 stands to make $1.3 billion from ESPN and $1.2 billion from Fox over the life of the two deals. ESPN’s old contract with the Big 12 ran through 2016, but the two sides are close on a nine-year extension that will increase the conference’s average revenue from its current $150 million a year to nearly $200 million annually. Each Big 12 school stands to make roughly $5 million more a year in the new contract over the old deal.

What the heck?

Ol Chuck is retiring in mid-summer and the Big 12 is actively searching for a new commissioner.  Some reports have hinted at some dude named Ebersol, who has a ton of TV connections, as the frontrunner.  The new commissioner is expected to bring a bunch of new ideas and energy into the conference and take us to (financial) heights we've never seen before.

So.... Chuck is going to lock us into a 13-year deal just prior to stepping down and this bold visionary takes charge?  This makes no sense.  Wouldn't the Big 12 want to wait until we actually have, you know, a full-time commissioner in place before negotiating and signing a new TV deal?

And what about the idea of playing the field?  When our contract with ESPN expires in a couple of years, we'll be able to renegotiate with ESPN, Fox, NBC, and anyone else that might be interested.  Do we want to lock ourselves into a long-term deal without testing those waters?

This article seems completely out of left field.

810 AM Sports Talk announced this morning that this is a done deal... at least that was what I was told.  Can anyone confirm?

[AbeFroman]

More money than the SEC? So blessed.

[Katpappy]

  The Big 12 is about to get a lifeline from ESPN.

The conference stands on the verge of an extension for its Tier 1 broadcast rights (i.e. top games) that would extend the current deal with ESPN through 2025 and be worth about $1.3 billion to the conference. That translates into an increase of about $5 million per year per school.

Sports Business Daily first reported the story Tuesday. Sources briefed on the deal confirmed the information.

The Fox deal, announced last April, is worth $1.17 billion and also will run through 2025.
Combined, the two deals should preserve the Big 12 for the life of the contract. Members had agreed to grant their TV rights to the conference for six years in a show of stability earlier this year. Now, sources said, the member schools are likely to extend those rights for the life of the contract -- effectively preventing any more defections.

The Big 12 has seen four founding members leave in the past two years.

"This is a big deal," one source said.

[MadCat]

  The Big 12 is about to get a lifeline from ESPN.

The conference stands on the verge of an extension for its Tier 1 broadcast rights (i.e. top games) that would extend the current deal with ESPN through 2025 and be worth about $1.3 billion to the conference. That translates into an increase of about $5 million per year per school.

Sports Business Daily first reported the story Tuesday. Sources briefed on the deal confirmed the information.

The Fox deal, announced last April, is worth $1.17 billion and also will run through 2025.
Combined, the two deals should preserve the Big 12 for the life of the contract. Members had agreed to grant their TV rights to the conference for six years in a show of stability earlier this year. Now, sources said, the member schools are likely to extend those rights for the life of the contract -- effectively preventing any more defections.

The Big 12 has seen four founding members leave in the past two years.

"This is a big deal," one source said.

I think we should agree for a bigger payment and appear to be in dire straits for the next 12 years or so. 

[WildcatNkilt]

What will we do with all this money?   

[joda]

What will we do with all this money?   

Pay recruits

[Katpappy]

What will we do with all this money?   

Get Clemson & Florida State! 

[bws]

Found this on shaggy, interesting talk from an ACC message board about FSU and Clemson and this was posted before the ESPN/Big 12 deal became public.

If you click on the guys profile he has quite a few other interesting posts regarding expansion, including some regarding the Big 12 since the recent media deal was announced yesterday..

http://the-boneyard.com/threads/acc.15197/page-2#post-191064

Florida State & Clemson are far more realistic than you realize. I'm a valuations analyst, and have worked with every network in the business on determining the value of teams, sports, conferences, etc to networks.......everything from the SEC for CBS to the Olympics for NBC. The ACC is essentially a pretty gazelle, feeding along the banks of the Okavongo river delta, unaware that as they drink, crocodiles are sneaking up on them under the murky water. "Fans" look at the Big XII and think they're weak and vulnerable. Far from it. They "were" vulnerable, but they're not anymore. They are one of only 2 conferences that has signed over all of their Tier 1 and Tier 2 TV rights to their conference (the Pac-12 is the other). If any team leaves the conference in the next 6 years, the conference retains the revenue and TV rights from all of their home games. And, there's talk of extending that to 10 years. So, nobody's leaving, b/c they'd forfeit all of their TV revenue for 6 years.

Further, as it stands, the Big XII makes more than the ACC, and that's not changing. Staring this year, the ACC will make just under $13M per team. It's actually less than that, b/c they're on an accelerated plan, which increases the payout year after year for the 12 year contract with ESPN/ABC. At best, with Pitt & Syracuse in the fold, that number will move to $15M per team. The Big XII on the other hand, is slated to make $15M per team. But, they will be signing a new contract with ABC or NBC in the next couple of years (to start in 2016), and that contract WILL BE in the $100M - $125M per year range (based on 19 games purchased per year for football). That will put their total Tier 1 & Tier 2 payout at $19M - $25M per team per year. But, where the Big XII really hurts the ACC is in the fact that the ACC payout is for Tier 1, 2 & 3.. The Big XII will get $19M - $25M per team for just Tier 1 & Tier 2. On top of that number, all teams have the right to sell their Tier 3, as Texas did w/ the Longhorn Network. Texas brings in $15M per year (also and escalating contract), with $5M per year going to academics (so $10M net). Kansas will make over $8M this year. Oklahoma State will make approximately $7M. Iowa State will make $3M. You get the picture. So, on top of the $19M - $25M, all Big XII teams will make at least $1M more, and up to $10M more, just on Tier 3.

Presently, the Big XII's Fox Sports contract is undervalued. If they add any teams, they can open up that contract as well. Now, take all of that and imagine adding the Florida and South Carolina markets to their contracts. I can tell you, based on both team's valuation, it will put the conference in the $28M - $34.5M per team per year range. So, tell me again how crazy the FSU and Clemson Presidents would be to listen to the Big XII.......

I have no inside info on if the Big XII has contacted or will contact those teams. That's not the side of the business I'm on. But, I can tell you that if they do...........they would be able to make an offer that literally no other conference could make, aside from possibly the SEC. And, the reason I say possibly the SEC is b/c they're currently working with ESPN and CBS to rework their contracts. I think it's possible they could get into the upper $20M range with those additions, and if both networks are being fair (which they don't have to be, b/c they have no competition with the SEC is under contract), that number will be in the low $30M range. I realize it sounds absurd that the Big XII could make an offer that no one else could make (save for maybe the SEC once their TV contracts are reworked), especially giving the turmoil in that conference and the defections they've faced. But, the SEC can't add Florida or South Carolina, b/c they already own it. And, Big Ten sure isn't coming calling. So, FSU's value & Clemson's value isn't as high to the SEC as it would be to the Big XII. If there were some sort of 3-4 team package of Miami, Florida State, Georgia Tech, Clemson, NC State, etc..........the Big XII absolutely would hit the $30M per team per year mark. Absolutely zero question about it.

The ACC is a crocodile meal; they just don't know it yet. B/c, there isn't a single team in the country they can add, other than Notre Dame, that will put their annual revenue into the realm of the Big Ten or SEC, or the Big XII once their Tier 1 deal is done. So, unless they put up a monumental buy out (which they tried and was shot down by.........Florida State, Clemson, Maryland, and Miami), or they convey their TV rights to the conference for a lengthy period of time (it's already been proposed and shot down), there is nothing that will prevent the SEC, Big Ten, and Big XII from poaching them. If Notre Dame suddenly decides they want to join a conference, then the ACC is safe, b/c the TV payouts will come up. That is literally the only thing that can save them from poaching, unless there's a change of heart on signing over media rights or raising the buyout to $40M+.

[Katpappy]

Found this on shaggy, interesting talk from an ACC message board about FSU and Clemson and this was posted before the ESPN/Big 12 deal became public.

If you click on the guys profile he has quite a few other interesting posts regarding expansion, including some regarding the Big 12 since the recent media deal was announced yesterday..

http://the-boneyard.com/threads/acc.15197/page-2#post-191064

Florida State & Clemson are far more realistic than you realize. I'm a valuations analyst, and have worked with every network in the business on determining the value of teams, sports, conferences, etc to networks.......everything from the SEC for CBS to the Olympics for NBC. The ACC is essentially a pretty gazelle, feeding along the banks of the Okavongo river delta, unaware that as they drink, crocodiles are sneaking up on them under the murky water. "Fans" look at the Big XII and think they're weak and vulnerable. Far from it. They "were" vulnerable, but they're not anymore. They are one of only 2 conferences that has signed over all of their Tier 1 and Tier 2 TV rights to their conference (the Pac-12 is the other). If any team leaves the conference in the next 6 years, the conference retains the revenue and TV rights from all of their home games. And, there's talk of extending that to 10 years. So, nobody's leaving, b/c they'd forfeit all of their TV revenue for 6 years.

Further, as it stands, the Big XII makes more than the ACC, and that's not changing. Staring this year, the ACC will make just under $13M per team. It's actually less than that, b/c they're on an accelerated plan, which increases the payout year after year for the 12 year contract with ESPN/ABC. At best, with Pitt & Syracuse in the fold, that number will move to $15M per team. The Big XII on the other hand, is slated to make $15M per team. But, they will be signing a new contract with ABC or NBC in the next couple of years (to start in 2016), and that contract WILL BE in the $100M - $125M per year range (based on 19 games purchased per year for football). That will put their total Tier 1 & Tier 2 payout at $19M - $25M per team per year. But, where the Big XII really hurts the ACC is in the fact that the ACC payout is for Tier 1, 2 & 3.. The Big XII will get $19M - $25M per team for just Tier 1 & Tier 2. On top of that number, all teams have the right to sell their Tier 3, as Texas did w/ the Longhorn Network. Texas brings in $15M per year (also and escalating contract), with $5M per year going to academics (so $10M net). Kansas will make over $8M this year. Oklahoma State will make approximately $7M. Iowa State will make $3M. You get the picture. So, on top of the $19M - $25M, all Big XII teams will make at least $1M more, and up to $10M more, just on Tier 3.

Presently, the Big XII's Fox Sports contract is undervalued. If they add any teams, they can open up that contract as well. Now, take all of that and imagine adding the Florida and South Carolina markets to their contracts. I can tell you, based on both team's valuation, it will put the conference in the $28M - $34.5M per team per year range. So, tell me again how crazy the FSU and Clemson Presidents would be to listen to the Big XII.......

I have no inside info on if the Big XII has contacted or will contact those teams. That's not the side of the business I'm on. But, I can tell you that if they do...........they would be able to make an offer that literally no other conference could make, aside from possibly the SEC. And, the reason I say possibly the SEC is b/c they're currently working with ESPN and CBS to rework their contracts. I think it's possible they could get into the upper $20M range with those additions, and if both networks are being fair (which they don't have to be, b/c they have no competition with the SEC is under contract), that number will be in the low $30M range. I realize it sounds absurd that the Big XII could make an offer that no one else could make (save for maybe the SEC once their TV contracts are reworked), especially giving the turmoil in that conference and the defections they've faced. But, the SEC can't add Florida or South Carolina, b/c they already own it. And, Big Ten sure isn't coming calling. So, FSU's value & Clemson's value isn't as high to the SEC as it would be to the Big XII. If there were some sort of 3-4 team package of Miami, Florida State, Georgia Tech, Clemson, NC State, etc..........the Big XII absolutely would hit the $30M per team per year mark. Absolutely zero question about it.

The ACC is a crocodile meal; they just don't know it yet. B/c, there isn't a single team in the country they can add, other than Notre Dame, that will put their annual revenue into the realm of the Big Ten or SEC, or the Big XII once their Tier 1 deal is done. So, unless they put up a monumental buy out (which they tried and was shot down by.........Florida State, Clemson, Maryland, and Miami), or they convey their TV rights to the conference for a lengthy period of time (it's already been proposed and shot down), there is nothing that will prevent the SEC, Big Ten, and Big XII from poaching them. If Notre Dame suddenly decides they want to join a conference, then the ACC is safe, b/c the TV payouts will come up. That is literally the only thing that can save them from poaching, unless there's a change of heart on signing over media rights or raising the buyout to $40M+.

What will we do with all this money?   

Get Clemson & Florida State! 

Also Miami and Notre Dame! 

[jtksu]

Super DNR.  Highlights?

[scottwildcat]

Super DNR.  Highlights?

our tv deal is good
we can offer money to ACC teams
SEC is the only conference that could compete with us for ACC teams
SEC gains little to no share with a lot of ACC teams because they are already in all those states
Big Shot Financial Longhorn seems like he is legit
ACC is mumped unless IrishAggy comes to them for football

[AbeFroman]

Super DNR.  Highlights?

The ACC is essentially a pretty gazelle, feeding along the banks of the Okavongo river delta, unaware that as they drink, crocodiles are sneaking up on them under the murky water.

Big XII Crocodiles 

[SkinnyBenny]

Big XII Crocodiles 

HELLO, WE ARE THE KANSAS STATE DOBERMANS OF THE CROCODILE LEAGUE. NICE TO EAT YOU.

[Panjandrum]

Big XII Crocodiles 

HELLO, WE ARE THE KANSAS STATE DOBERMANS OF THE CROCODILE LEAGUE. NICE TO EAT YOU.

 

[AbeFroman]

Big XII Crocodiles 

HELLO, WE ARE THE KANSAS STATE DOBERMANS OF THE CROCODILE LEAGUE. NICE TO EAT YOU.

 

[CatsNShocks]

The epic Cigars thread has taken so many turns. I used to hate (but still had to) read this thread, now I relish in it.