Figures also show how the ACC has the right region....but just can't figure out how to capitalize on it.
The real reason the Big Ten added Maryland and Rutgers -- survival
"The Big Ten Network is in more than 52 million homes, and as of 2013, it had produced a total of $42.5 million in revenue per school"
"That's because the league figures to cash in even more when it negotiates its next Tier 1 TV deal for 2017-18 and beyond. The market for live sports rights has skyrocketed since the Big Ten began its current 10-year, $1 billion ESPN deal in '07. A document obtained by the Lafayette (Ind.) Journal and Courier shows the conference projecting a staggering $44.5 million annual revenue distribution to each of the 12 current members in 2017-18, up from an already national-best $25.7 million last year, with TV accounting for a whopping $33 million of that. (Multiple sports television consultants confirmed to SI that the $33 million is realistic.) Rutgers and Maryland won't receive full shares until 2020-21, but they add at least 15% in value simply because the package will now include 15% more league games before demographics and market forces even enter the picture. Whether the quality of the games improves is another matter."
No comments:
Post a Comment