Aresco: Big East Has Deal With CBS For Men's Basketball

[Water Pony]

"Commissioner Mike Aresco, on a conference call to announce that CBS Sports and the yet-to-be-renamed Big East Conference have entered into an agreement to broadcast men's basketball games through the 2019-20 season, said Tuesday that the conference could have a name by mid- to late April and that another team could soon be added."

Looks like another $2m per year for the to-be-named conference for select BB games.

"The basketball contract with CBS stipulates 12 network appearances each season, with half the games being conference games. CBS will have the first selections among conference, nonconference and neutral site games."

http://www.courant.com/sports/college/h ... 2847.story

[PonyKai]

Two million total, or two million per school?

[PK]

Two million total, or two million per school?

If it were per school, it would be bigger than the ESPN deal. So it is most likely 2 mil total. That brings us to a grand total of 1.67 mil per school each year minus conference expenses. Whoopee!

[SMU2007]

I realize the Catholic 7 generate a lot more basketball interest - but their deal is worth $3 mil per school and ours is $2 mil split between 10 schools?

[GiddyUp]

So absurd

[PK]

I realize the Catholic 7 generate a lot more basketball interest - but their deal is worth $3 mil per school and ours is $2 mil split between 10 schools?

Well it is only for "up to 12 games" a year and I'm sure Fox will be doing all of the Big East (Catholic 7) games so that has to have some impact on the number. ESPN is the one who really f'd us over. Only good thing about the ESPN deal is we won't be on some obscure cable channel with our games.

[SMU2007]

OK that does make some more sense. Thanks PK.

[WordUpBU]

I realize the Catholic 7 generate a lot more basketball interest - but their deal is worth $3 mil per school and ours is $2 mil split between 10 schools?

1- ESPN is paying for both FB and a lot of BB. So the CBS deal is only part of it.

2- In addition to that FOX overpaid so they'd form a new league and grab Butler, Xavier, Creighton, +2 other hoops bigs. They need winter content and getting Marquette, Nova, Georgetown, Butler, Creighton, Xavier, and others helps them get quality games.

[WordUpBU]

Two million total, or two million per school?

If it were per school, it would be bigger than the ESPN deal. So it is most likely 2 mil total. That brings us to a grand total of 1.67 mil per school each year minus conference expenses. Whoopee!

Where are you getting 1.67?

My estimates are 21mm from ESPN per year (126mm over 6 years) and 2mm from CBS.

This is split over 11 members (Navy doesn't join until 2015 and even then keeps their own home tv deal for a couple years before they'd be integrated into a renegotiated deal) and comes out to 2.09mm per school.

[RGV Pony]

Two million total, or two million per school?

If it were per school, it would be bigger than the ESPN deal. So it is most likely 2 mil total. That brings us to a grand total of 1.67 mil per school each year minus conference expenses. Whoopee!

Where are you getting 1.67?

My estimates are 21mm from ESPN per year (126mm over 6 years) and 2mm from CBS.

This is split over 11 members (Navy doesn't join until 2015 and even then keeps their own home tv deal for a couple years before they'd be integrated into a renegotiated deal) and comes out to 2.09mm per school.

Plus the exit fees etc divvied up

[StallionsModelT]

Depending on how the exit fees are divided amongst the existing and new members, SMU could potentially be looking at 5-6M per season. Even with the awful TV revenue from the new ESPN deal that is a marked improvement from the chicken scratch we made in CUSA.

[WordUpBU]

Depending on how the exit fees are divided amongst the existing and new members, SMU could potentially be looking at 5-6M per season. Even with the awful TV revenue from the new ESPN deal that is a marked improvement from the chicken scratch we made in CUSA.

That might be optimistic however SMU is surely getting more than they did in CUSA.

[StallionsModelT]

It will all depend on how much of the exit fees the new members are going to get. 126M is a lot of cash. Hopefully we are playing hardball with UConn, Cincy, and USF and not letting them run off with the bulk of the money.

[PK]

Two million total, or two million per school?

If it were per school, it would be bigger than the ESPN deal. So it is most likely 2 mil total. That brings us to a grand total of 1.67 mil per school each year minus conference expenses. Whoopee!

Where are you getting 1.67?

My estimates are 21mm from ESPN per year (126mm over 6 years) and 2mm from CBS.

This is split over 11 members (Navy doesn't join until 2015 and even then keeps their own home tv deal for a couple years before they'd be integrated into a renegotiated deal) and comes out to 2.09mm per school.

The 126 mil is over a 7 year period (see below), thus 18 mil per year plus the 2 mil equals 20 mil which I divided by 12 schools. Yes, we won't have 12 schools the whole time, but it is an approximation of the payout per school. If the CBS deal is actually 3 mil, then the per shcool approximation for 12 schools is 1.75...minus conference expenses.

FYI. From the article at the beginning of this thread:

The conference and ESPN announced a seven-year, $126 million contract last month, keeping the network as the league's primary rights holder.

http://www.courant.com/sports/college/h ... 2847.story

[StallionsModelT]

So armed with that information we can probably assume the following:

$2M from ESPN TV deal
$2M from exit fees
$400K from CBS TV deal

Roughly $4-5M per year. That's not awful especially when compared to the less than $1M we were getting in CUSA. Wasnt our TV deal in CUSA worth about $750K per season?