Reports 24.5 Million Per Pac 12 Team From ESPN

[curtisd316]

Also reports Arizona is scheduled to have a meeting Wednesday July 27th things are about to get interesting

Edited July 25, 2022 by curtisd316

[Pennsylvania Duck]

On 7/25/2022 at 7:16 PM, curtisd316 said:

Also reports Arizona is scheduled to have a meeting Wednesday July 27th things are about to get interesting

Are they meeting with Big 12?

[curtisd316]

https://twitter.com/wingoz/status/1551681041303224327?s=20&t=VgOExY-omRoxV3X4ywvXFA

[DCDuckfan]

So that's a drop of about $5.5M if the reports of current revenue being $30M is accurate.  

 

That's an easy offer to walk away from.  If the Ducks join the B1G or SEC, they're going to get north of $65M so there is literally no reason to even consider that offer.  

[NJDuck]

On 7/25/2022 at 7:34 PM, DCDuckfan said:

So that's a drop of about $5.5M if the reports of current revenue being $30M is accurate.  

 

That's an easy offer to walk away from.  If the Ducks join the B1G or SEC, they're going to get north of $65M so there is literally no reason to even consider that offer.

I agree.  Wait it out at this time.  It's a shame we lost a recruit lean as well to USC due to realignment.  Ugh.

[1Ducker1]

Another click bait.

[McDuck]

Is that the reported amount from ESPN?  If so it doesn't include revenue from other sources, like the Pac-12 network.  I looked at the reporting for fiscal year 2019-20 (pandemic year).  That broke out television rights fees as $96 million from 'Network' and $265 million from 'conference' for a total of $361,867,380.  

 

Any financial experts care to translate the numbers?

 

Pac-12 announces 2019-2020 financial results

PAC-12.COM

---

Consolidated revenue reported at $534M with total distributions at $403M, increases of 1% and 4% year-on-year Seven-year period since start of ESPN and Fox partnerships and launch of Pac-12...

 

 

[BYUTexan]

On 7/25/2022 at 6:34 PM, DCDuckfan said:

So that's a drop of about $5.5M if the reports of current revenue being $30M is accurate.  

 

That's an easy offer to walk away from.  If the Ducks join the B1G or SEC, they're going to get north of $65M so there is literally no reason to even consider that offer.  

And if that offer from the B1G never comes... then what?  The Pac 12 is a slowly sinking ship, and has been before the defections of UCLA and USC, but especially without those two.  

[AllOregon]

That lower initial offer may not be a bad thing RIGHT NOW for UO. Gives them leverage to wait and not sign long term GOR.

 

But also this is a negotiation. Nobody offers best and final, early on.  Everyone has been saying they expect it to hit $30M per and stretch hopes were for $40M per.  This first pass is easily in line with heading there, and also if you factor in other media $ sources at play, including streaming.

 

As many have said, no way would I want to be in BIG12s shoes… it’s actually laughable that essentially no PAC team but Zona and Beavis were outdrawn by any current Big12 team in avg TV audience since 2015.

Edited July 26, 2022 by AllOregon
Typo

[Mike West]

On 7/25/2022 at 4:34 PM, DCDuckfan said:

So that's a drop of about $5.5M if the reports of current revenue being $30M is accurate.  

 

That's an easy offer to walk away from.  If the Ducks join the B1G or SEC, they're going to get north of $65M so there is literally no reason to even consider that offer.  

I also read somewhere the MWC gets $270 a year.  ESPN is low balling the PAC12 hoping they're desperate.

 

Wait...until 2024.  See what they do (are they trying to wreck the conference?)

[AllOregon]

On 7/25/2022 at 11:49 PM, Mike West said:

I also read somewhere the MWC gets $270 a year

Nope.  That is over 6 years.  Big difference. MWC teams are getting $4M per year from that.

[AllOregon]

Time to dump Arizona and bring in San Diego St.

Clearly Zona is leaking these reports to their basketball beat writer.for a reason, including the unsubstantiated one of UO and UW requesting higher % shares.  Then they leak othey are meeting with big 12 Wednesday.

 

Clearly it is posturing.  But nobody else in PAC is yet leaking this stuff (which might mean his sources are garbage or intentionally misleading him to get others to act).

 

Either way, let them go.  They bring no value or football pedigree  All PAC and current Big12 teams have more avg TV viewers except Beavis and the 2 Kansas schools.  Zona, good luck peddling that to get equal shares in Big12, if you are not happy splitting a quarter of a Billion+ per year, when you contribute peanuts to it.  They are thinking with their hoops brains maybe, but this is about money, which means football.

 

SDSU is a better add all around, and it is not worth Arizona’s drama anymore.

[Tandaian]

Um, ESPN is being a really bad negotiating partner.  In 2011, the Pac 12 signed a 12 year deal for 225 mil per season.  So, 18.75 mil per team.  Sports has more than doubled in price, so even with the LA market gone, they are low balling the Pac 12 big time.

 

Do we know if this TV deal is for 100% content or are we still relying on the Pac 12 network?

[Mike West]

On 7/26/2022 at 12:18 AM, AllOregon said:

Nope.  That is over 6 years.  Big difference. MWC teams are getting $4M per year from that.

If that's the case, how are they able to operate?  It costs at least $3M to operate any football team with 85 players.  Heck the scholarships cost more than $3M. 

 

I recognize they get a couple of million from P5 schools a game, but we're taking razor thin margins in order to stay in business. 

[AllOregon]

Yep. Is also why UCLA was $100m in debt and why realignment is all about $