Financial breakdown of UConn's move to the Big East

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Financial breakdown of UConn's move to the Big East

Postby TheBasketballOpinion » Thu Aug 08, 2019 10:59 am

https://connecticut.rivals.com/news/fin ... e-big-east

"Production costs

After the possible loss of SNY, this has been the part that has gotten people most up-in-arms. Mainly that a portion of the $7 million guaranteed to each school annually would go directly toward producing games shown on ESPN+. A UConn source estimated that the 25-or-so basketball games relegated to ESPN+ each year would cost the school between $250,000 and half a million dollars. That’s before you even consider the 50 olympic sports streamed per year under the deal. A conservative estimate could put the price tag on annual production costs at between $500,000 and $1,000,000.

Knock another million off the true value of that deal."


Big East:
Value of Big East deal with FOX: $4.2 million per year, per team
Value of current deal with SNY: About $1 million per year
Expected value of football deal with SNY: About $1 million per year
Potential football buy game: $1 million per year
Bowl game payout: $310,000, based on 2019
Men’s Basketball Fund: $1.6 million
AAC exit fee: $1 million per year, after 2020
TOTAL: $8.1 million


AAC:
Value of new AAC deal: About $7 million per year, per team
Bowl Game Payout: $2.05 million per team in 2019
Men’s Basketball Fund: $725,000
ESPN+ Production costs: About $1 million per year
Additional travel: About $2 million per year
TOTAL: $6.75 million
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Financial breakdown of UConn's move to the Big East

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Re: Financial breakdown of UConn's move to the Big East

Postby paulxu » Thu Aug 08, 2019 2:30 pm

I'm fascinated by the fact that ESPN got the AAC to pay for their production costs while putting games on a new, pay for another subscription sub network.

Does that exist in other places? Seems to me that ESPN screwed them royally.
...he went up late, and I was already up there.
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Re: Financial breakdown of UConn's move to the Big East

Postby Django » Thu Aug 08, 2019 4:21 pm

TheBasketballOpinion wrote:https://connecticut.rivals.com/news/financial-breakdown-of-uconn-s-move-to-the-big-east

"Production costs

After the possible loss of SNY, this has been the part that has gotten people most up-in-arms. Mainly that a portion of the $7 million guaranteed to each school annually would go directly toward producing games shown on ESPN+. A UConn source estimated that the 25-or-so basketball games relegated to ESPN+ each year would cost the school between $250,000 and half a million dollars. That’s before you even consider the 50 olympic sports streamed per year under the deal. A conservative estimate could put the price tag on annual production costs at between $500,000 and $1,000,000.

Knock another million off the true value of that deal."


Big East:
Value of Big East deal with FOX: $4.2 million per year, per team
Value of current deal with SNY: About $1 million per year
Expected value of football deal with SNY: About $1 million per year
Potential football buy game: $1 million per year
Bowl game payout: $310,000, based on 2019
Men’s Basketball Fund: $1.6 million
AAC exit fee: $1 million per year, after 2020
TOTAL: $8.1 million


AAC:
Value of new AAC deal: About $7 million per year, per team
Bowl Game Payout: $2.05 million per team in 2019
Men’s Basketball Fund: $725,000
ESPN+ Production costs: About $1 million per year
Additional travel: About $2 million per year
TOTAL: $6.75 million


Thanks that's the best, simplest breakdown I've seen (although the AAACK fans will still have reading comprehension issues) so far. The big thing that stands out is that UCONN would have been locked into that 6.7 mil for 12 more years while the exit fee will go away and the new Big East and UCONN media deals (Fox and SNY) will go up, as well as our NCAA credits with more final fours and NCs.

Smart move. But don't bother trying to explain that to the geniuses at yegg central.
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Re: Financial breakdown of UConn's move to the Big East

Postby scoscox » Thu Aug 08, 2019 4:36 pm

paulxu wrote:I'm fascinated by the fact that ESPN got the AAC to pay for their production costs while putting games on a new, pay for another subscription sub network.

Does that exist in other places? Seems to me that ESPN screwed them royally.


They really got fleeced thoroughly and a lot of them don’t even seem to realize it or will refuse to acknowledge it
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Re: Financial breakdown of UConn's move to the Big East

Postby GoldenWarrior11 » Thu Aug 08, 2019 5:29 pm

When you start shooting down Frank, who is one of the most knowledgeable and insightful posters on realignment, then you know you the tin-foil hats are out in full force.
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Re: Financial breakdown of UConn's move to the Big East

Postby scoscox » Thu Aug 08, 2019 6:19 pm

My man attackcoog would rather die before acknowledging the possibility that UConn might make more money in the big east
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Re: Financial breakdown of UConn's move to the Big East

Postby Django » Thu Aug 08, 2019 6:54 pm

scoscox wrote:My man attackcoog would rather die before acknowledging the possibility that UConn might make more money in the big east


a couple Bearcats and Bulls have acknowledged it’s a good move for UCONN, the CUSA fans are the most bitter. Makes sense, those two schools had power conference football and are in college football crazed states so the American is their best option. I think the big 12 was really stupid not to bring in the two Florida schools. They will pay the price when Texas and Oklahoma bolt and that conference disintegrates.
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Re: Financial breakdown of UConn's move to the Big East

Postby Husky_U » Fri Aug 09, 2019 6:13 am

Temple fans sooooooooooooo salty. Still butthurt over the Big East never offering them full membership and kicking out their football.

The UMass fans are really cute too.
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Re: Financial breakdown of UConn's move to the Big East

Postby kayako » Fri Aug 09, 2019 12:02 pm

Husky_U wrote:Temple fans sooooooooooooo salty. Still butthurt over the Big East never offering them full membership and kicking out their football.


You should remind them that only Nova sells out Liacouras Center. Truly pathetic.
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Re: Financial breakdown of UConn's move to the Big East

Postby VCE » Fri Aug 09, 2019 1:53 pm

But, what about all of that ESPN+ exposure UConn will be missing out on??

:lol:

That one Cincy fan is a nutcase. Stever level of delusion
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