From the Clemson Blog today..
http://cemetery-hill.com/2012-articles/may/big-12-tv-contract-agreed-in-principle.html
An automatic escalator clause of $2 million per team added in expansion. This means if the Big 12 goes to 12 teams each team gets $24 million, 14 teams each team gets $28 miilion, 16 teams each team gets $32 million. This opens the door for it to be attractive for other teams to leave their conference and join the Big 12.
no way this is true, right?
I'm a nerd. I tried to do the math.
Currently, the rumored contract is worth $200 million per year, divided 10 ways so $20 million per team per year.
Add 2 schools to expand to 12 and each team automatically increases their take to $24 million per year?
12 teams X $24 million each = $288,000,000.
Do FSU and Clem make the Big 12's contract worth $88 million more than before? A Big 12 CCG would be worth $20 to $25 million, similar to the big 10 and PAC title games so that's part of the increase. Maybe, possibly FSU and Clem add the remaining $63 to $68 million value? Probably not. I bet it would have to be FSU and Notre Dame to get this pay raise.
And if we add 4 schools to expand to 14, each team would automatically increase their share to $28 million per year. No way.
14 teams X $28 million each = $392 million.
This means that adding FSU/Clem/Miami/MD would essentially double our contract? From $200 million per year to $392 million per year. No possible way.
Expanding to 16 is even more ridiculous. If the ACC teams were worth this much, they'd be getting mad cash from the newly renegotiated ACC contract.