Sunday, July 31, 2016
Gaines Street changes coming
http://www.tallahassee.com/story/news/2016/07/31/railroad-avenue-properties-get-new-owners/87684056/?utm_source=dlvr.it&utm_medium=twitter
Has the development craze on Gaines Street finally crossed into the Bohemian confines of the All Saints District?
In time, maybe.
Three weeks ago, the Nahoom family, beneficiaries of the late businessman and restaurant supply store owner F. Joseph Nahoom, sold 1.5 acres of prime Railroad Avenue real estate to Blue Dog Investments. The Havana-based company is controlled by lobbyist Paul Bradshaw, founder of Southern Strategy Group, and wife Sally Bradshaw, a Republican political consultant who was once chief of staff to former Gov. Jeb Bush.
The $2.45 million purchase gives the Bradshaws the properties along the east side of Railroad Avenue from Gaines Street south to All Saints Street — including the Crepevine, The Side Bar Theatre, All Saints Cafe and a group of local shops and restaurants at the corner of All Saints Street.
The Bradshaws will have to win over an All Saints neighborhood with a healthy skepticism toward development. The area has struggled to maintain its funky, independent ecosystem as developers erect apartment buildings, hotels, grocery stores and restaurants along Gaines Street.
But Paul Bradshaw said there are no immediate redevelopment plans and the current tenants aren't going anywhere for now.
"It is not our intention to displace the tenants that are there," he said, "and we're going to be reaching out to them to negotiate leases and keep them in place."
Any changes to the site, Bradshaw said, wouldn't happen for years.
While there are no firm plans, he's "kicking around some concepts." Ultimately, he's planning a mixed-use development, a project that's "residential and retail and captures the vibe of the All Saints District."
The residential units, Bradshaw said, would be built out of shipping containers.
"We would look at upcycling components and making it energy efficient," he said.
The Bradshaws, accomplished players in the political realm, aren't novices to the world of real estate. Since 2002, the couple has purchased 20 properties in Leon County, nearly half of those within the last year, for a combined $12 million, according to the Leon County Property Appraiser. The properties are located in emerging economic centers in downtown, Gaines Street, Midtown and West Tennessee Street.
The couple also owns the 1123 @ Midtown complex, home to Paisley Cafe. Later this year, Sally Bradshaw plans to open a bookstore there called Midtown Reader.
The sale has drawn mixed reactions from tenants and the neighborhood.
Joe Burgenstall, president of the All Saints Community Association, also the area's merchant's association, is confident the district can work with Blue Dog.
"They've done some really good developments that really fit the character of neighborhoods," Burgenstall said. "We've reached out to him and hope to have a dialogue so that his plans can contribute to the neighborhood's intentions for the future."
That future, Burgenstall said, is built on accessibility for local small businesses and maintaining an organic culture. Those ends, he said, are dependent on affordable rents.
"If done right, the small businesses that are displaced during construction should be able to afford to come back into the new retail spaces with reasonable rent increases and maintain the character and legacy of the neighborhood," he said. "Some of the developer's projects have done just this, so we're optimistic, but there's a lot of trepidation and concern among the tenants about what the future will look like."
Dan Gilbertson, the owner of the Crepevine and The Side Bar Theatre, explained that not only are his businesses not leaving but he's working with Bradshaw to bring more food options to the corner of Railroad Avenue and Gaines Street. Gilbertson, who also owns Potbelly's, plans to bring a new restaurant to the area.
"I think he's going to do right by the people and the community," Gilbertson said.
Gary "Yostie" Yost, the owner of Yostie's Chili Parlor, part of a group of shops at the corner of Railroad Avenue and All Saints Street, said he's "mildly concerned" his rent may go up with a new landlord. Two years ago, he acquired the storefront to start selling chili dogs and has just recently built a base of loyal customers.
He doesn't oppose development, although he wishes builders wouldn't disrupt local businesses.
"You can't stop development, you've just got to go with the flow," he said. "For me, I'd like to see it stay like this for five or 10 years, but it's not going to happen."
Saturday, July 30, 2016
Matich gives best players' lounge award to FSU and new video board update
http://espn.go.com/video/clip?id=17179460
Matich gives best players' lounge award to FSU
Ariya Massoudi
Take a look at the size of the new $15 Mil scoreboard at Doak. Brand new sound system as well. by @HunterDykepic.twitter.com/m6OKuBfctY
24 retweets 49 likes
Thursday, July 28, 2016
$3 million planned gift largest in FSU Panama City history
Very generous gift from non FSU grads.
Never been sure the PC campus does much to advance FSU much at the elite level. Heard some even say it is more of drain, but lots of power behind that campus (just not enough to really advance FSU).
http://pc.fsu.edu/About-Us/2016/3-million-planned-gift-largest-in-FSU-Panama-City-history
"FSU Panama City has announced the largest gift in campus history, a $3 million planned gift from Bob and Judy Fleming.
Bob Fleming has named FSU Panama City as a benefactor in his estate to establish the Robert H. and Jacqueline K. Fleming Endowed Scholarship Fund. Jacqueline Fleming, Bob’s late wife, was a teacher who valued education.
“Education makes all the difference in the world,” said Bob Fleming, who earned his bachelor’s degree in textiles from NC State University. He credited his college education with a successful career that spanned from apprentice to salesman to business owner. He also was integral in developing fabrics better equipped for athletic uniforms for well-known athletic companies, such as Champion, Wilson and Russell.
Judy Fleming, Bob’s current wife, earned her bachelor’s degree from Auburn University and worked as a flight attendant for American Airlines.
Although the couple have no direct affiliations with Florida State University, they said they have always been fans of FSU and wanted to give back to the campus in their local community.
“This gift is to help our community and the people in the surrounding area who really want an education and need a little support,” Judy Fleming said. “We want to help deserving students who need it and would be appreciative of it.”
The Fleming scholarship fund has the potential to provide financial aid to up to 80 students annually with preference given to first-generation college students.
“Providing affordable access to a quality education is a priority at Florida State, and this generous gift from Bob and Judy Fleming will help change the lives of many talented and aspiring students,” said Tom Jennings, Ph.D., vice president for University Advancement and president of the FSU Foundation. “This gift from the Flemings — who are not alumni of Florida State — illustrates the strong support our Panama City campus has within the community.”
This announcement, which is part of Florida State’s $1 billion Raise the Torch campaign, comes during Dean Carol Edwards’ last week leading the Panama City campus.
“I am so happy to have been a part of this transformational gift to FSU Panama City,” she said. “The Flemings are such dear people with a sincere desire to help deserving students achieve the dream of a college degree. Their generosity will help students for generations to come.”
Incoming Interim Dean Randy Hanna said the gift will help the campus draw more students who otherwise might not be able to afford college.
“I recently had the pleasure of thanking the Flemings for their generous commitment to the campus,” Hanna said. “Being a first-generation student myself, I appreciate that this scholarship will serve this particular student population, allowing FSU Panama City to grow and better meet the financial needs of our students. A gift like this sets us up for a bright future, and I look forward to working with the Flemings to continue to meet the needs of our students.”
Never been sure the PC campus does much to advance FSU much at the elite level. Heard some even say it is more of drain, but lots of power behind that campus (just not enough to really advance FSU).
http://pc.fsu.edu/About-Us/2016/3-million-planned-gift-largest-in-FSU-Panama-City-history
"FSU Panama City has announced the largest gift in campus history, a $3 million planned gift from Bob and Judy Fleming.
Bob Fleming has named FSU Panama City as a benefactor in his estate to establish the Robert H. and Jacqueline K. Fleming Endowed Scholarship Fund. Jacqueline Fleming, Bob’s late wife, was a teacher who valued education.
“Education makes all the difference in the world,” said Bob Fleming, who earned his bachelor’s degree in textiles from NC State University. He credited his college education with a successful career that spanned from apprentice to salesman to business owner. He also was integral in developing fabrics better equipped for athletic uniforms for well-known athletic companies, such as Champion, Wilson and Russell.
Judy Fleming, Bob’s current wife, earned her bachelor’s degree from Auburn University and worked as a flight attendant for American Airlines.
Although the couple have no direct affiliations with Florida State University, they said they have always been fans of FSU and wanted to give back to the campus in their local community.
“This gift is to help our community and the people in the surrounding area who really want an education and need a little support,” Judy Fleming said. “We want to help deserving students who need it and would be appreciative of it.”
The Fleming scholarship fund has the potential to provide financial aid to up to 80 students annually with preference given to first-generation college students.
“Providing affordable access to a quality education is a priority at Florida State, and this generous gift from Bob and Judy Fleming will help change the lives of many talented and aspiring students,” said Tom Jennings, Ph.D., vice president for University Advancement and president of the FSU Foundation. “This gift from the Flemings — who are not alumni of Florida State — illustrates the strong support our Panama City campus has within the community.”
This announcement, which is part of Florida State’s $1 billion Raise the Torch campaign, comes during Dean Carol Edwards’ last week leading the Panama City campus.
“I am so happy to have been a part of this transformational gift to FSU Panama City,” she said. “The Flemings are such dear people with a sincere desire to help deserving students achieve the dream of a college degree. Their generosity will help students for generations to come.”
Incoming Interim Dean Randy Hanna said the gift will help the campus draw more students who otherwise might not be able to afford college.
“I recently had the pleasure of thanking the Flemings for their generous commitment to the campus,” Hanna said. “Being a first-generation student myself, I appreciate that this scholarship will serve this particular student population, allowing FSU Panama City to grow and better meet the financial needs of our students. A gift like this sets us up for a bright future, and I look forward to working with the Flemings to continue to meet the needs of our students.”
Wednesday, July 27, 2016
FSU fans remember
Great that ESPN is supposedly going to start a linear network with a check.
But FSU remembers what kind of partner they have truly been. Fun thread on warchant that details it all.
https://floridastate.forums.rivals.com/threads/i-want-to-personally-thank-espn.134371/page-2
Nothing like having a loyal business partner
Lets all take a moment to thank the good people at ESPN for the fair coverage
But FSU remembers what kind of partner they have truly been. Fun thread on warchant that details it all.
https://floridastate.forums.rivals.com/threads/i-want-to-personally-thank-espn.134371/page-2
Nothing like having a loyal business partner
Lets all take a moment to thank the good people at ESPN for the fair coverage
Labels:
#ESPNSECbias
Saturday, July 23, 2016
Jimbo Factoid of the Day
Friday, July 22, 2016
"ESPN is our partner now, so we can expect positive coverage" ?
https://floridastate.forums.rivals.com/threads/acc-network-5-key-questions-and-answers-for-florida-state-fans.133768/
New
Jimbo, Wilcox, and revenue....
FSU recently lost a nutritionist to Minn. because FSU wouldn't match her pay raise. This did not make Jimbo happy. He also knows Clemson has a dedicated nutritionist for football when he has to share one with all sports....again, not happy.
This beings and ends with his AD Wilcox who does not want to support football at the SEC level....and Jimbo isn't thrilled about it. This interview supports what I have heard.
What makes it worst.....Wilcox has a hardon for an Olympic Sports indoor facility that will be VERY expensive and likely eat into Jimbo's desires for an elite football program. If he doesn't get that at FSU....he will at LSU or Bama......and Wilcox would be straight up screwed and looking like a fool.
FSU, ACC are playing with the big boys now in a new world of college football. Can't just complain about the game now and enjoy the goodies. Wilcox is playing a dangerous game here.
https://floridastate.rivals.com/news/fisher-excited-about-acc-network-says-extra-revenue-essential-for-fsu
"Fisher stressed that more revenue is needed to keep up with the competition -- especially with the heavyweights in the SEC and Big 10.
“We have to understand what’s going on in the landscape of our business because we aren’t just talking about winning an ACC championship, we are talking about a national championship,” he said. “When we go to schedule and compete against these guys, you can’t take a knife to a gun fight. And you have to be ready to battle.”
Fisher said he would like to see more of an investment in keeping and adding football support staff in areas like nutrition and academics. He says these personnel are essential to a program’s success and are greatly undervalued.
“There are a ton of things that people don’t think are very important that as critical as getting good players,” Fisher said. “You have to have good players because that’s the ingredients for the cake. But if you don’t have flour and sugar, that cake won’t taste right. All these things, people don’t think about that.
“If you don’t, don’t make a mistake because it will make a difference. Hopefully we are committed to doing it, which I think we are, and we have to continue to do it.”
This beings and ends with his AD Wilcox who does not want to support football at the SEC level....and Jimbo isn't thrilled about it. This interview supports what I have heard.
What makes it worst.....Wilcox has a hardon for an Olympic Sports indoor facility that will be VERY expensive and likely eat into Jimbo's desires for an elite football program. If he doesn't get that at FSU....he will at LSU or Bama......and Wilcox would be straight up screwed and looking like a fool.
FSU, ACC are playing with the big boys now in a new world of college football. Can't just complain about the game now and enjoy the goodies. Wilcox is playing a dangerous game here.
https://floridastate.rivals.com/news/fisher-excited-about-acc-network-says-extra-revenue-essential-for-fsu
"Fisher stressed that more revenue is needed to keep up with the competition -- especially with the heavyweights in the SEC and Big 10.
“We have to understand what’s going on in the landscape of our business because we aren’t just talking about winning an ACC championship, we are talking about a national championship,” he said. “When we go to schedule and compete against these guys, you can’t take a knife to a gun fight. And you have to be ready to battle.”
Fisher said he would like to see more of an investment in keeping and adding football support staff in areas like nutrition and academics. He says these personnel are essential to a program’s success and are greatly undervalued.
“There are a ton of things that people don’t think are very important that as critical as getting good players,” Fisher said. “You have to have good players because that’s the ingredients for the cake. But if you don’t have flour and sugar, that cake won’t taste right. All these things, people don’t think about that.
“If you don’t, don’t make a mistake because it will make a difference. Hopefully we are committed to doing it, which I think we are, and we have to continue to do it.”
10 best LOOKING stadiums in college football
Shocked an SEC article voted Doak #1, but props to em.
https://www.seccountry.com/sec/10-best-stadiums-in-college-football
"There are nicer stadiums, louder stadiums and even unique stadiums, but when it comes down to looks, what are the 10 best stadiums in college football? Let’s take a look."
Capacity: 82,300
Built: 1950
Last Renovation: 2003
There’s not a better looking stadium in the country than Florida State’s Doak Campbell Stadium. The entire thing is covered with bricks and gives it a castle-like look that is unique only to the Seminoles. Add in the awesome pregame festivities, and it’s hard to find a better stadium."
https://www.seccountry.com/sec/10-best-stadiums-in-college-football
"There are nicer stadiums, louder stadiums and even unique stadiums, but when it comes down to looks, what are the 10 best stadiums in college football? Let’s take a look."
"1. Doak Campbell Stadium
Florida State SeminolesCapacity: 82,300
Built: 1950
Last Renovation: 2003
There’s not a better looking stadium in the country than Florida State’s Doak Campbell Stadium. The entire thing is covered with bricks and gives it a castle-like look that is unique only to the Seminoles. Add in the awesome pregame festivities, and it’s hard to find a better stadium."
Thursday, July 21, 2016
ACC Meeting Tweets (To Be Updated)
David Teel
Luke DeCock
ACC Network won't have any trouble getting carriage. Guarantee the February 2020 UNC-Duke game will air on ACCN. Worked for ESPN2.
Luke DeCockVerified account
The ACC should also have two Notre Dame football games it can move to ACCN in 2019. Plus ESPN negotiating muscle. Won't be an issue.
David TeelVerified account
1-on-1 w/Swoff: Says Notre Dame will receive full share of #ACCNetwork revenue, as opposed to the 1/5 share it gets from overall rights.
Luke DeCockVerified account
ESPN is not taking over the ACC's website as part of the network deal, so that may remain an unwieldy mess. Disappointing.
Andrew Carter
Ultimate Q surrounding ACC Network - its profitability and availability - won't be known for quite some time. Still three years from launch.
Jon Solomon
ESPN president John Skipper: ESPN will fully own ACC Network and it will get its own channel, not inherit ESPNU or ESPNews.
Joe Ovies
RE: ’19 launch of ACC Network. All parties involved say it won’t be flipped from ESPNU or ESPNN. I remain a healthy skeptic on the matter.
Joe Ovies
“ACC Network Extra” essentially an ESPN3 rebrand. I am disappoint.pic.twitter.com/qGt51Npn9X
11 retweets 6 likes
Joe Ovies @joeovies 1h1 hour ago
Also of note: Not a single bit of financial information. Doubt they’ll be forthcoming in the breakout session.
David HaleVerified account @DavidHaleESPN 1h1 hour ago
The announcement of ACC Network marks end of an era at Media Days, but another tradition lives on: awful WiFi.
Andrew Carter @_andrewcarter 1h1 hour ago
ACC's grant of rights was announced on April 22, 2013. Between now and then: 1,186 days. How long this took to get to this point.
Ariya Massoudi @AriyaMassoudi 1h1 hour ago
In all seriousness, the ACC Network's success will be dependent on FSU continuing its dominance in football. No other sport gets more eyes.
Pack Pride @PackPride 1h1 hour ago
Swofford: The Grant of Rights has been signed by all 15 schools for the duration of the deal with ESPN.
Warchant.com @Warchant 1h1 hour ago
ESPN president John Skipper does the Seminole "Chop" in announcing the ACC Network. Updates http://Warchant.com pic.twitter.com/kzRVHilpCC
10 retweets 21 likes
Ariya Massoudi @AriyaMassoudi 1h1 hour ago
ESPN President John Skipper: "We are proud to be the ACC's partner". Right after he does the tomahawk chop.
Bret Strelow@bretstrelow 2h2 hours ago
John Swofford says at ACC football media days that conference will move to 20 league basketball games when ACC Network starts in 2019
ACC Football @theACCfootball 2h2 hours ago
ESPN and the #ACC will launch the #ACCNetwork in 2019: http://theacc.co/20160721release #ACCKickoffpic.twitter.com/6oonEe3iRy
116 retweets 146 likes
Andrew Carter @_andrewcarter 2h2 hours ago
ACC's syndicated content on Raycom will continue through 2019, and the launch of the ACC channel.
Labels:
ACC
ESPN ACC Network Revenue Prediction (Updated)
Saved for future note.
https://floridastate.forums.rivals.com/threads/acc-network-from-the-acc-media-days-event.133711/
I have been told that payouts before the network will not be insignificant. Looks like the network numbers are projected to be around $ 8 million per team but that was just a projection and I got that number from a pretty solid source. THese numbers are hard to project anyway and even harder to compare as each conference uses different formula's to produce their numbers. I agree with JMG. This is a great move. Solidifies the ACC and puts FSU in a great position going forward. For those who don't like the GOR, I understand, but it is the best thing for the conference and what is good for the ACC should be good for FSU. Lets face it, the SEC ain't coming to call and neither is the BIG. The Big 12 is a fiasco we should want nothing to do with.
I have never really been on board with Swofford. I don't think he is in Gene Corrigan's league as far as ACC commish goes, but I have to say, he seems to have done good work here.
even if its not at 8 million it should be fairly close to that. I believe the SEC's last figures were around 7 so we should be in the ballpark.
http://www.usatoday.com/story/sports/ncaaf/columnist/george-schroeder/2016/07/21/acc-media-days-tv-network-means-stability/87413384/
"There are the obvious financial ramifications of adding a conference network. Though no one would discuss specifics, once launched in August 2019, the ACC’s network will likely add between $5 million and $8 million to each school’s budget (and for the next two years, in the run-up to launch, the ACC’s rights deal will increase). It will lift the ACC into third place in revenue among Power Five leagues, behind the Big Ten and SEC but ahead of the Big 12 and Pac-12. It’s not necessarily a bonanza, but it’s not insignificant."
David Teel @DavidTeelatDP 3m3 minutes ago
https://floridastate.rivals.com/news/acc-network-in-focus-5-key-questions-and-answers-for-fsu-fans
"“We know that we’re going to be in the upper echelon of networks, along with the Big Ten and the SEC,” FSU athletics director Stan Wilcox told Warchant.com. “And we know what numbers they’ve been hitting in the past. So we’re able to kind of project off of that. We’re very optimistic that we’re going to be doing just as good or even better than both of those leagues.” "
http://www.dailypress.com/sports/teel-blog/dp-teel-time-acc-announces-network-post.html
Wasserman Media Group consultant Dean Jordan and ESPN president John Skipper were among the legions whom the conference gathered Thursday at its annual football kickoff to confirm and fete the network’s creation, a collaboration with ESPN.
“If the network performs even moderately,” Jordan said, “it will put the ACC in a situation where they’ll be very, very competitive financially with the upper tier of the collegiate industry.”
http://espn.go.com/college-sports/story/_/id/17102933/acc-espn-agree-20-year-rights-deal-lead-2019-launch-acc-network
The long-awaited ACC Network will launch by August 2019, with the Atlantic Coast Conference and ESPN agreeing to a 20-year deal and rights extension through the 2035-36 academic year in an announcement made Thursday.
The ACC also extended its conference grant of rights deal nine years through 2035-36, a source told ESPN.
The conference's grant of rights makes it untenable financially for a school to leave, guaranteeing in the 20 years of the deal that a school's media rights, including revenue, for all home games would remain with the ACC regardless of the school's affiliation.
The ACC's new grant of rights also automatically extends Notre Dame's contract with the conference as a member in all sports but football through 2035-36, a source said. If the Irish forgo football independence in the next 20 years, they are contracted to join the ACC.
While the linear network will launch by 2019, the ACC Network's digital channel will start this fall.
The addition of the ACC Network will increase the league's overall value, putting it in line with the top Power 5 conferences.
"When the ACC Network revenues are included, the ACC will be very competitive with the upper tier [Big Ten and SEC] of the Power 5 leagues," a source said.
http://www.scacchoops.com/speculating-on-how-much-the-acc-network-could-earn
https://floridastate.forums.rivals.com/threads/acc-network-from-the-acc-media-days-event.133711/
I have been told that payouts before the network will not be insignificant. Looks like the network numbers are projected to be around $ 8 million per team but that was just a projection and I got that number from a pretty solid source. THese numbers are hard to project anyway and even harder to compare as each conference uses different formula's to produce their numbers. I agree with JMG. This is a great move. Solidifies the ACC and puts FSU in a great position going forward. For those who don't like the GOR, I understand, but it is the best thing for the conference and what is good for the ACC should be good for FSU. Lets face it, the SEC ain't coming to call and neither is the BIG. The Big 12 is a fiasco we should want nothing to do with.
I have never really been on board with Swofford. I don't think he is in Gene Corrigan's league as far as ACC commish goes, but I have to say, he seems to have done good work here.
even if its not at 8 million it should be fairly close to that. I believe the SEC's last figures were around 7 so we should be in the ballpark.
http://www.usatoday.com/story/sports/ncaaf/columnist/george-schroeder/2016/07/21/acc-media-days-tv-network-means-stability/87413384/
"There are the obvious financial ramifications of adding a conference network. Though no one would discuss specifics, once launched in August 2019, the ACC’s network will likely add between $5 million and $8 million to each school’s budget (and for the next two years, in the run-up to launch, the ACC’s rights deal will increase). It will lift the ACC into third place in revenue among Power Five leagues, behind the Big Ten and SEC but ahead of the Big 12 and Pac-12. It’s not necessarily a bonanza, but it’s not insignificant."
David Teel
Consultant Dean Jordan says if #ACCNetwork "performs even moderately," league will be "very, very competitive financially." #ACCKickoff
https://floridastate.rivals.com/news/acc-network-in-focus-5-key-questions-and-answers-for-fsu-fans
"“We know that we’re going to be in the upper echelon of networks, along with the Big Ten and the SEC,” FSU athletics director Stan Wilcox told Warchant.com. “And we know what numbers they’ve been hitting in the past. So we’re able to kind of project off of that. We’re very optimistic that we’re going to be doing just as good or even better than both of those leagues.” "
http://www.dailypress.com/sports/teel-blog/dp-teel-time-acc-announces-network-post.html
Wasserman Media Group consultant Dean Jordan and ESPN president John Skipper were among the legions whom the conference gathered Thursday at its annual football kickoff to confirm and fete the network’s creation, a collaboration with ESPN.
http://espn.go.com/college-sports/story/_/id/17102933/acc-espn-agree-20-year-rights-deal-lead-2019-launch-acc-network
Brett McMurphyCollege football reporter
The ACC also extended its conference grant of rights deal nine years through 2035-36, a source told ESPN.
The conference's grant of rights makes it untenable financially for a school to leave, guaranteeing in the 20 years of the deal that a school's media rights, including revenue, for all home games would remain with the ACC regardless of the school's affiliation.
The ACC's new grant of rights also automatically extends Notre Dame's contract with the conference as a member in all sports but football through 2035-36, a source said. If the Irish forgo football independence in the next 20 years, they are contracted to join the ACC.
While the linear network will launch by 2019, the ACC Network's digital channel will start this fall.
The addition of the ACC Network will increase the league's overall value, putting it in line with the top Power 5 conferences.
"When the ACC Network revenues are included, the ACC will be very competitive with the upper tier [Big Ten and SEC] of the Power 5 leagues," a source said.
http://www.scacchoops.com/speculating-on-how-much-the-acc-network-could-earn
Speculating on how much the ACC Network could earn
Posted: 8/3/2016 7:00:38 AM
Now that the ACC Network is definitely coming, how much could it make?
SportsBusinessDaily.com says the ESPN could ask for an $1.30 in-state subscriber fee and .25 outside of an ACC State.
Sources expect ESPN to price the ACC Network similar to SEC Network, which at launch was around $1.30 per subscriber per month in-market and around 25 cents per subscriber per month out-of-market.
I think this is rather ambitious if true, and for the purpose of this article let’s say ESPN can get $.90 for an in-market subscriber rate. The Big 10 was $1 and the Pac 12 at $.80. If the SEC is at .25 in their out state markets, we’ll say the ACC can get .15.
83% of American Households pay for TV. Cordcutting is real, but it is also a bit exaggerated. A linear cable channel will still be a viable revenue producer for another 10-15 years at least.
Now I’m going to take a very conservative estimate, we’ll figure in a bit more cord cutting and say 75% of American households will pay for TV in 2019.
Here is the number of households per state.
I believe South Carolina, North Carolina, and Virginia will get full carriage.
.90 in state monthly in state carriage rate
South Carolina 1.83 Million x .75 x .9 = $1.23 Million
North Carolina 3.79 Million x .75 x .9 = $2.55 Million
Virginia 3.08 Million x .75 x .9 = $2.56 Million
Florida, Kentucky, and Georgia could get full carriage, but I will say they get 75%. I understand Georgia Tech is not the flagship school of the state of Georgia, but there are two reasons why Georgia will get strong ACC Carriage. I’ve lived in Georgia and you can find regional ACC games all across the state. There are tons of Florida State, Clemson, and other ACC alumni in the Atlanta Metro area as well.
Florida 7.33 Million x .75 x .75 x .90 = $3.17 Million
Georgia 3.59 Million x .75 x .75 x .90 = $1.81 Million
Kentucky 1.71 Million x .75 x 75 x .90 = .86 Million
The Northeast states are a bit trickier, but please don’t suggest there isn’t a benefit. The 2 non-descript brands of Maryland and Rutgers added to the Big 10 Networks bottom line.
We’ll say the Northeast ACC schools can draw 50% of the cable households.
New York 7.28 Million x .75 x .50 x .90 = $2.4 Million
Massachusetts 2.55 Million x.75 x .50 x .90 = $.86 Million
Pennsylvania 4.95 Million x .75 x .50 x .90 = $1.67 Million
Notre Dame is an interesting case, as their Olympic sports will be on the ACC Network and they will get a full share of the ACC Network. Who knows what the ACC Network can show regarding Irish football, but I believe you’ll see the Irish play at least 1 football game a year on the ACC Network. We’ll call Indiana a 25% carriage state.
Indiana 2.5 Million x .75 x .25 x .90 = $.42 Million
That’s a total of $17.2 Million for instate monthly fees. x 12 Months – that’s $210 Million for 19.5 Million in state ACC households.
Depending on your source the SEC Network has anywhere from from 60-80 Million subscribers. We’ll split the difference and say the SEC has 70 Million. If the ACC just gets 1/3 of the SEC subscribers, then that’s 23.1 Million subscribers. We already have 19.5 Million instate ACC Households. That’s 3.6 Million more at a .15 fee. or $.54 Million.
That is an additional $6.5 Million to the $210 Million. So the ACC Network could earn near $217 Million in a single year. We subtract about $100 Million in operating costs. I always wonder how that’s rarely figured in when people total up conference networks. Conference networks don’t run for free.
That’s $117 Million, divide by 2 since ESPN takes half the profits. We’re at $58.5 Million for the ACC divided by 15 and that’s nearly $4 Million at $3.9 Million the ACC should make even in this extremely conservative estimate case. There may be some start up costs in year 1, so keep that in mind.
If the ACC can get full get a $1 subscription fee the number grows to $4.68 Million team, and if ESPN can get the $1.30 in state fee and .25 out of state – Then we are at $315 Million which turns out to just over $7 Million per program.
We are still at the modest 24 Million subscribers.
You may ask if the ACC Network was going to be so profitable why wasn’t it started sooner? That’s easy… Most of ESPN carriage contracts aren’t up until the 2019 and 2020 time frame. and cable operators still need to be convinced to add another channel. That is something that will be worked out in the next 3 years.
Even the much maligned Pac 12 makes $1-$1.5 million, and now has reached a couple of new carriage deals. Expect Pac 12 profits to begin to rise.
At the end of the day, The ACC Network is going to be a significant money maker, and I expect it to be in the $4-$6 Million range with very real the potential for more."
http://csnbbs.com/thread-786249.html
LouC 8/3
"Whit Babcock was on Sirius with Mark Packer a couple hours ago. They were talking about the ACC network, and he very explicitly reiterated that the deal will put the ACC on the level of B1G and SEC and separate them from the PAC and B12. Now, I'll still believe it when I see it on 2020 but he was unequivocal, and I don't think he's a guy that you would normally chalk up to be a liar or stupid. So that's encouraging.
I do expect the Big 12 to expand and improve their deal, and the Pac to eventually get carriage and start picking up, so I don't expect there to be significant separation really or at least for long, but if we're in the B1G/SEC neighborhood we'll be ok. "
SportsBusinessDaily.com says the ESPN could ask for an $1.30 in-state subscriber fee and .25 outside of an ACC State.
Sources expect ESPN to price the ACC Network similar to SEC Network, which at launch was around $1.30 per subscriber per month in-market and around 25 cents per subscriber per month out-of-market.
I think this is rather ambitious if true, and for the purpose of this article let’s say ESPN can get $.90 for an in-market subscriber rate. The Big 10 was $1 and the Pac 12 at $.80. If the SEC is at .25 in their out state markets, we’ll say the ACC can get .15.
83% of American Households pay for TV. Cordcutting is real, but it is also a bit exaggerated. A linear cable channel will still be a viable revenue producer for another 10-15 years at least.
Now I’m going to take a very conservative estimate, we’ll figure in a bit more cord cutting and say 75% of American households will pay for TV in 2019.
Here is the number of households per state.
I believe South Carolina, North Carolina, and Virginia will get full carriage.
.90 in state monthly in state carriage rate
South Carolina 1.83 Million x .75 x .9 = $1.23 Million
North Carolina 3.79 Million x .75 x .9 = $2.55 Million
Virginia 3.08 Million x .75 x .9 = $2.56 Million
Florida, Kentucky, and Georgia could get full carriage, but I will say they get 75%. I understand Georgia Tech is not the flagship school of the state of Georgia, but there are two reasons why Georgia will get strong ACC Carriage. I’ve lived in Georgia and you can find regional ACC games all across the state. There are tons of Florida State, Clemson, and other ACC alumni in the Atlanta Metro area as well.
Florida 7.33 Million x .75 x .75 x .90 = $3.17 Million
Georgia 3.59 Million x .75 x .75 x .90 = $1.81 Million
Kentucky 1.71 Million x .75 x 75 x .90 = .86 Million
The Northeast states are a bit trickier, but please don’t suggest there isn’t a benefit. The 2 non-descript brands of Maryland and Rutgers added to the Big 10 Networks bottom line.
We’ll say the Northeast ACC schools can draw 50% of the cable households.
New York 7.28 Million x .75 x .50 x .90 = $2.4 Million
Massachusetts 2.55 Million x.75 x .50 x .90 = $.86 Million
Pennsylvania 4.95 Million x .75 x .50 x .90 = $1.67 Million
Notre Dame is an interesting case, as their Olympic sports will be on the ACC Network and they will get a full share of the ACC Network. Who knows what the ACC Network can show regarding Irish football, but I believe you’ll see the Irish play at least 1 football game a year on the ACC Network. We’ll call Indiana a 25% carriage state.
Indiana 2.5 Million x .75 x .25 x .90 = $.42 Million
That’s a total of $17.2 Million for instate monthly fees. x 12 Months – that’s $210 Million for 19.5 Million in state ACC households.
Depending on your source the SEC Network has anywhere from from 60-80 Million subscribers. We’ll split the difference and say the SEC has 70 Million. If the ACC just gets 1/3 of the SEC subscribers, then that’s 23.1 Million subscribers. We already have 19.5 Million instate ACC Households. That’s 3.6 Million more at a .15 fee. or $.54 Million.
That is an additional $6.5 Million to the $210 Million. So the ACC Network could earn near $217 Million in a single year. We subtract about $100 Million in operating costs. I always wonder how that’s rarely figured in when people total up conference networks. Conference networks don’t run for free.
That’s $117 Million, divide by 2 since ESPN takes half the profits. We’re at $58.5 Million for the ACC divided by 15 and that’s nearly $4 Million at $3.9 Million the ACC should make even in this extremely conservative estimate case. There may be some start up costs in year 1, so keep that in mind.
If the ACC can get full get a $1 subscription fee the number grows to $4.68 Million team, and if ESPN can get the $1.30 in state fee and .25 out of state – Then we are at $315 Million which turns out to just over $7 Million per program.
We are still at the modest 24 Million subscribers.
You may ask if the ACC Network was going to be so profitable why wasn’t it started sooner? That’s easy… Most of ESPN carriage contracts aren’t up until the 2019 and 2020 time frame. and cable operators still need to be convinced to add another channel. That is something that will be worked out in the next 3 years.
Even the much maligned Pac 12 makes $1-$1.5 million, and now has reached a couple of new carriage deals. Expect Pac 12 profits to begin to rise.
At the end of the day, The ACC Network is going to be a significant money maker, and I expect it to be in the $4-$6 Million range with very real the potential for more."
http://csnbbs.com/thread-786249.html
LouC 8/3
"Whit Babcock was on Sirius with Mark Packer a couple hours ago. They were talking about the ACC network, and he very explicitly reiterated that the deal will put the ACC on the level of B1G and SEC and separate them from the PAC and B12. Now, I'll still believe it when I see it on 2020 but he was unequivocal, and I don't think he's a guy that you would normally chalk up to be a liar or stupid. So that's encouraging.
I do expect the Big 12 to expand and improve their deal, and the Pac to eventually get carriage and start picking up, so I don't expect there to be significant separation really or at least for long, but if we're in the B1G/SEC neighborhood we'll be ok. "
Neal Studd to Replace Frank Bradley at Florida State
https://swimswam.com/neal-studd-replace-frank-bradley-florida-state/
"Florida State will appoint Neal Studd as their new head swimming coach for the 2016-2017 season after terminating former head coach Frank Bradley 6 weeks ago.
Studd has served as the only head coach in Florida Gulf Coast history, where he started the program in 2007 and has won 7 CCSA Conference Championships, a 28-1 all-time dual meet record, and 5 CCSA Coach of the Year honors.
“I am going to miss FGCU for sure. It has been a wonderful place to work with and they’ve been great people to work for,” Studd said. “I’m going to miss my team who I have great relationships with and respect for.
“I am excited that at Florida State we have every opportunity to take the program to the very highest levels. It’s an outstanding place with great resources and I can’t wait to coach men again, too.”
Florida Gulf Coast, despite having a less-than-full scholarship load and no men’s program, has developed into one of the most successful mid-major programs in the country. That includes a 220.5-132.5 victory in a two-day dual meet in November – the team’s second-straight win in the head-to-head series.
The Eagles were the high-scoring mid-major team at the 2015 NCAA Championships with 37.5 points for 26th place. That was only 2 spots lower than Florida State placed that year.
Studd’s appointment was announced to the Florida State team on Wednesday.
Hailing from the UK, Studd is a former varsity captain at Florida Atlantic University, where he also served on the coaching staff for 8 season. Studd also spent some time outside of swimming working with Morgan Stanley."
"Fantastic hire by FSU. If anyone doubts what Neal can do, just look at the results. 2-0 over FSU women in the last two years – he has quietly built the 2nd best program in the state of Florida and was gaining on the Gators. Laugh all you want – try doing what he did – starting a program from scratch then taking it to top-25 without full cost of attendance or even fully funded…and did it without a football team on campus as well. Anyone doubting this hire is speaking from emotion, not logic or reason. Thankfully this is an objective sport – the watch seldom lies!"
Wednesday, July 20, 2016
Where Would ACC Football Be Without FSU?
http://www.thedailynole.com/content.php/906-Where-Would-ACC-Football-Be-Without-FSU
"Florida State's football success often comes with a caveat from fans who pull for a school in another conference: the Seminoles play in the ACC.
For anyone paying attention, there's no doubt that FSU can play with anyone. Over the past decade, the Seminoles have knocked off Alabama, BYU (twice), Oklahoma State, Notre Dame (twice), Florida (five times), Auburn and Wisconsin, just to name a few.
With that said, it is worth pondering where the ACC might be as a football conference had the Seminoles not joined in 1992. There's no question that FSU has not only been the class of the ACC since joining, but all-time, it's the conference's golden child.
In 24 years in the ACC, Florida State has claimed the conference's crown 15 times. That's tied for the most with Clemson, who was a charter member of the conference which formed in 1953.
Since joining the conference, Florida State has also claimed three national championships, winning titles in 1993, 1999 and most recently, 2013. That's as many as the rest of the conference combined. Maryland won a title in the ACC's inaugural year of 1953, Clemson claimed a national championship in 1981 and in 1990, Georgia Tech shared the national title with Colorado.
Since 1992 when Florida State joined the ACC, the conference has managed to go just 12-17 in major bowl games. That includes alliance, BCS and New Year's Six bowls. Eight of those 12 victories belong to Florida State.
Upon FSU's entrance into the conference, the ACC has only had 12 conference match-ups of top-10 schools with last season's ACC Championship between Clemson and North Carolina being most recent. Eight of those contests however, have featured the Seminoles and FSU is 7-1 in those games."
"They bring a lot to the table," [Gene Corrigan] said. "Their football team had more national television exposure last year than all our teams had together."
http://articles.baltimoresun.com/1990-09-15/sports/1990258033_1_join-the-acc-florida-state-acc-conference
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Recruiting Factoid of the Day
Pick Six Previews @PickSixPreviews 47m47 minutes ago
Our weighted average recruit index (5-year):
1 Alabama (surprise)
2 Ohio State
3 LSU
4 FSU
5 Florida
6 UGA
7 Auburn
8 USC
9 A&M
10 Texas
College Avenue 1907
The Grove
'College Ave., #Tallahassee' - postmarked #OTD 1907 @TLHDowntown @FLMemorypic.twitter.com/heCEvmyVIa
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How much revenue will the ACC "Network" provide?
So this is all a guess, but I think it is safe to say the floor is $3 Million (which would be a huge fail) and the ceiling is $8 Million (which would be a huge win). The middle ground (and likely safest?) is Teel's at $5 Million......which given the 20 years GOR.......would likely be a slight fail.
Who knows....all a guess right now.
http://www.dailypress.com/sports/teel-blog/dp-teel-time-more-acc-network-post.html
"As I mentioned in Monday night's post, the SEC, Big Ten and Pacific 12 networks show the difficulty in projecting how much revenue the ACC's new venture might generate. Clay Travis took a very detailed stab at it in his Outkickthecoverage.com column, but let's take a different approach.
Matching the SEC and Big Ten's estimated per-school network shares of $7.5 million-$10 million annually is a pipe dream given the ACC's smaller fan base, so let's set a modest base of $5 million.
Multiply the $5 million by 14 fulltime members and you get $70 million. A quarter share for Notre Dame -- that's the Irish's take of other conference revenue -- bumps the total to $71.25 million.
But the ACC doesn't distribute 100 percent of revenue to its schools. The most recent rate was 92.5 percent. So to send $71.25 million to members, the league would need $77.03 million in annual network windfall.
Since ESPN will split profits with the ACC, the network would need to net $154.06 million. Travis estimates annual network expenses at $100 million, bringing the needed revenue to $254.06 million.
Can the ACC Network, by 2019-20, generate that much in subscription fees, with monthly rates ranging from $1 to 25 cents based on location? In a cord-cutting era, can ESPN get the ACC Network in the 60 million-plus homes it likely would take to produce those fees?
The answers will be years in the making."
http://www.outkickthecoverage.com/what-s-the-acc-network-worth-071916
"According to ESPN The ACC Network is coming, now the big questions is this: will it launch successfully and what's it worth?
So let's dive into the numbers and find out what the market might look like in 2019.
Right now the ACC has teams in nine states -- New York, Massachusetts, Pennsylvania, Virginia, North Carolina, South Carolina, Kentucky, Florida, and Georgia. In those nine states there are roughly 29 million cable and satellite subscribers.
Of these nine ACC states, North Carolina has four teams and Virginia and Florida have two teams each. So over half the conference is locked into three states. The other six states have the remaining six teams.
With that in mind let's look at the five biggest questions looming to determine what the ACC Network's value is.
And we begin with the most important question:
1. Will there be enough demand to force cable and satellite companies in Pennsylvania, New York, Massachusetts, Kentucky, Georgia, and South Carolina to carry the network on their main tier of channels?
I'm going to assume that there are probably enough people who will demand the ACC Network in Virginia, North Carolina, and Florida -- the three ACC states with multiple teams -- to get the channel carried in those states on a prime broadcasting tier -- that is, the main cable and satellite packages that most people buy.
But what about beyond those three states with eight teams in them?
How will the six states with six teams break down?
Potentially the channel is carried in three Southern states Georgia, Kentucky and South Carolina with three schools, Georgia Tech, Louisville, and Clemson, which are clearly the second most popular teams in their states. Put these states squarely in the maybe camp.
Especially if SEC fans in these states decide to fight against the channel's inclusion.
But what about the remaining three states, where nearly half of the ACC residents live? Will cable and satellite companies in New York, Pennsylvania or Massachusetts really lose that many subscribers if they don't carry Syracuse, Pittsburgh, or Boston College basketball and football games? Heck, where do each of these respective teams even rank in their states when it comes to overall popularity?
Remember, Time Warner fought the NFL in New York City forever. Do you really think that many Syracuse fans are truly changing cable or satellite subscribers over the ACC Network? How about Pitt fans in Philly or anyone in Massachusetts over Boston College?
I find it hard to believe that the ACC Network will ever be standard on cable and satellites in these three northern states.
That's the ACC's highest population and weakest link.
2. Will the ACC network launch have more in common with the successful launch of the SEC Network or the tortured launches of the Pac 12 and the Longhorn Network?
There's evidence to support both sides of the debate. Sure, ESPN is powerful and was able to pull off an extraordinarily successful launch of the SEC Network, but that was partly a function of how much cable and satellite companies feared the wrath of SEC fans. There is no area of the country more passionate for college sports than the 11 SEC states. And the SEC teams were the unquestioned dominant college sports teams in all of their states except Texas, where A&M is number two behind Texas. (In Tennessee, Arkansas, Kentucky, Mississippi, Georgia, Alabama, and South Carolina, 7 of the 11 states in the SEC, the single most popular team in the states, college or pro, is an SEC team. Is that true in any ACC states other than North Carolina and, maybe, Virginia?)
Second, the SEC Network launched at the perfect time, just before the cable and satellite bundle began to substantially fray.
Third, are there enough ACC fans to scare cable and satellite companies with changing their providers over this carriage issue? Clearly most companies called the Pac 12's bluff and haven't seen a loss in revenue. The same was true of the Longhorn Network even with ESPN's steadfast attempts to get it picked up.
So does the ACC have more in common with the SEC or the Pac 12 and the Longhorn Network?
That won't matter in North Carolina, Virginia and Florida where I predict cable and satellite companies buckle, but it will matter a great deal in the other six states.
3. Okay, what's the ACC Network worth?
There are roughly 29 million cable and satellite subscribers in the nine ACC states.
Let's say, in a miracle that won't come to pass, that you could get $1 a month from those 29 million subscribers. That would lead to revenue of $350 million a year. You'd have to knock out roughly a hundred million for the costs of the network and then you'd split the remaining revenue between ESPN and the ACC. That would come out to $125 million or $8.9 million a school in the ACC footprint. (I'm not giving Notre Dame any revenue here even though, plainly, they would be entitled to some as well.)
But that number won't happen because, as I said above, there's no way that the ACC Network is carried standard in, at a minimum, the states of New York, Pennsylvania, and Massachusetts.
So you're probably looking more likely at half those subscribers, or around 15 million, paying a dollar a month. (You'd also get another $3 a year from roughly 30 million out of state subscribers -- your national rate, of around .25 a month, is much lower than your in state rates. So you can toss in another $90 million in out of footprint revenue.)
That gives you $180 million in revenue, minus $100 million a year to run the network, plus the $90 million in the out of state footprint revenue.
That knocks down the distribution to around $6 million a school.
(Advertising would be nominal because it's a regional network. The SEC Network has not, for example, done substantial ad revenue thus far. Nor has the Big Ten Network. You'll know what I mean if you watch the advertisements on those networks.)
As if that weren't challenging enough, here's the additional problem: how many cable and satellite subscribers will there be in 2019? Right now ESPN is losing around 3.5 million subscribers a year, will that continue, could it even accelerate? What's more, will there be an appetite for a new sports channel in a rapidly debundling cable era? In other words, have the best days of national and regional sports networks already passed us by?
We don't know.
Which brings me to two final questions.
4. What's the best move the ACC could make?
Adding Notre Dame and Texas.
A 16 team ACC with Notre Dame and Texas as full members could be a gamechanger for the ACC Network because it would add the state of Texas -- and its eight million cable and satellite subscribers -- along with the national cachet of Notre Dame.
The challenge here? Notre Dame and Texas already have lucrative television deals with NBC and the ESPN/Longhorn Network, respectively. Also, as an added difficulty, Texas would have to extricate itself from the Big 12 and leave behind the other Texas schools in a vastly weakened conference. That seems very difficult.
What's more, it's downright impossible to get Texas by 2019 given the rights deals the Longhorns have already signed. Given that NBC already gets all of Notre Dame's home games, how many Notre Dame football games could actually air on the ACC Network even if the Fighting Irish joined the ACC as full members? One or two at most, probably.
But if you're thinking of best case scenarios for the ACC, that's it.
5. Okay, so what's the best case scenario that could happen for the ACC Network in 2019?
Given prevailing market conditions and the continued assault upon the cable bundle, I don't think there's any way ESPN tries to launch a brand new network in 2019.
Instead, I think they'll decide to turn ESPNU into the ACC Network. (Given that the SEC Network now carries most SEC events along with ESPN and ESPN2 and that many Big Ten games will be heading to Fox, there isn't that much content on ESPNU from the SEC and the Big Ten. Plus, the Pac 12 and the Big 12 would prefer that their games air on ESPN and ESPN2 since they're available in more homes. So ESPNU could make sense for the ACC.)
Right now the ESPNU is in roughly 70 million households and brings in .22 a month in subscriber revenue. That's $184.8 million a year in revenue. I believe ESPN will try and take the ESPNU rates up to around $1 a month in the nine state ACC footprint and keep the rate outside the footprint pretty much the same, potentially going up a dime or so.
If ESPN could bump up the revenue of the ACC Network to the point where 19 million cable and satellite subscribers are paying $1 a month -- that would be the subscribers in the six states of North Carolina, Virginia, Florida, Kentucky, Georgia, and South Carolina -- then you'd make $228 million more in revenue for ESPNU even if you're fighting carriage battles in Pennsylvania, New York and Massachusetts. Combine the revenue from the ACC's Southern states with the $110 million more in revenue from the 37 million subscribers in other parts of the country outside the ACC footprint, then substract the $100 million in channel operating costs, and you're talking about around $8 million per ACC school off the ACC Network.
That's the best case scenario I can see for the ACC Network.
But that's if everything goes very well.
Will it?
We'll find out in a couple of years."
Who knows....all a guess right now.
http://www.dailypress.com/sports/teel-blog/dp-teel-time-more-acc-network-post.html
"As I mentioned in Monday night's post, the SEC, Big Ten and Pacific 12 networks show the difficulty in projecting how much revenue the ACC's new venture might generate. Clay Travis took a very detailed stab at it in his Outkickthecoverage.com column, but let's take a different approach.
Matching the SEC and Big Ten's estimated per-school network shares of $7.5 million-$10 million annually is a pipe dream given the ACC's smaller fan base, so let's set a modest base of $5 million.
Multiply the $5 million by 14 fulltime members and you get $70 million. A quarter share for Notre Dame -- that's the Irish's take of other conference revenue -- bumps the total to $71.25 million.
But the ACC doesn't distribute 100 percent of revenue to its schools. The most recent rate was 92.5 percent. So to send $71.25 million to members, the league would need $77.03 million in annual network windfall.
Since ESPN will split profits with the ACC, the network would need to net $154.06 million. Travis estimates annual network expenses at $100 million, bringing the needed revenue to $254.06 million.
Can the ACC Network, by 2019-20, generate that much in subscription fees, with monthly rates ranging from $1 to 25 cents based on location? In a cord-cutting era, can ESPN get the ACC Network in the 60 million-plus homes it likely would take to produce those fees?
The answers will be years in the making."
http://www.outkickthecoverage.com/what-s-the-acc-network-worth-071916
"According to ESPN The ACC Network is coming, now the big questions is this: will it launch successfully and what's it worth?
So let's dive into the numbers and find out what the market might look like in 2019.
Right now the ACC has teams in nine states -- New York, Massachusetts, Pennsylvania, Virginia, North Carolina, South Carolina, Kentucky, Florida, and Georgia. In those nine states there are roughly 29 million cable and satellite subscribers.
With that in mind let's look at the five biggest questions looming to determine what the ACC Network's value is.
And we begin with the most important question:
1. Will there be enough demand to force cable and satellite companies in Pennsylvania, New York, Massachusetts, Kentucky, Georgia, and South Carolina to carry the network on their main tier of channels?
I'm going to assume that there are probably enough people who will demand the ACC Network in Virginia, North Carolina, and Florida -- the three ACC states with multiple teams -- to get the channel carried in those states on a prime broadcasting tier -- that is, the main cable and satellite packages that most people buy.
But what about beyond those three states with eight teams in them?
How will the six states with six teams break down?
Potentially the channel is carried in three Southern states Georgia, Kentucky and South Carolina with three schools, Georgia Tech, Louisville, and Clemson, which are clearly the second most popular teams in their states. Put these states squarely in the maybe camp.
Especially if SEC fans in these states decide to fight against the channel's inclusion.
But what about the remaining three states, where nearly half of the ACC residents live? Will cable and satellite companies in New York, Pennsylvania or Massachusetts really lose that many subscribers if they don't carry Syracuse, Pittsburgh, or Boston College basketball and football games? Heck, where do each of these respective teams even rank in their states when it comes to overall popularity?
Remember, Time Warner fought the NFL in New York City forever. Do you really think that many Syracuse fans are truly changing cable or satellite subscribers over the ACC Network? How about Pitt fans in Philly or anyone in Massachusetts over Boston College?
I find it hard to believe that the ACC Network will ever be standard on cable and satellites in these three northern states.
That's the ACC's highest population and weakest link.
2. Will the ACC network launch have more in common with the successful launch of the SEC Network or the tortured launches of the Pac 12 and the Longhorn Network?
There's evidence to support both sides of the debate. Sure, ESPN is powerful and was able to pull off an extraordinarily successful launch of the SEC Network, but that was partly a function of how much cable and satellite companies feared the wrath of SEC fans. There is no area of the country more passionate for college sports than the 11 SEC states. And the SEC teams were the unquestioned dominant college sports teams in all of their states except Texas, where A&M is number two behind Texas. (In Tennessee, Arkansas, Kentucky, Mississippi, Georgia, Alabama, and South Carolina, 7 of the 11 states in the SEC, the single most popular team in the states, college or pro, is an SEC team. Is that true in any ACC states other than North Carolina and, maybe, Virginia?)
Second, the SEC Network launched at the perfect time, just before the cable and satellite bundle began to substantially fray.
Third, are there enough ACC fans to scare cable and satellite companies with changing their providers over this carriage issue? Clearly most companies called the Pac 12's bluff and haven't seen a loss in revenue. The same was true of the Longhorn Network even with ESPN's steadfast attempts to get it picked up.
So does the ACC have more in common with the SEC or the Pac 12 and the Longhorn Network?
That won't matter in North Carolina, Virginia and Florida where I predict cable and satellite companies buckle, but it will matter a great deal in the other six states.
3. Okay, what's the ACC Network worth?
There are roughly 29 million cable and satellite subscribers in the nine ACC states.
Let's say, in a miracle that won't come to pass, that you could get $1 a month from those 29 million subscribers. That would lead to revenue of $350 million a year. You'd have to knock out roughly a hundred million for the costs of the network and then you'd split the remaining revenue between ESPN and the ACC. That would come out to $125 million or $8.9 million a school in the ACC footprint. (I'm not giving Notre Dame any revenue here even though, plainly, they would be entitled to some as well.)
But that number won't happen because, as I said above, there's no way that the ACC Network is carried standard in, at a minimum, the states of New York, Pennsylvania, and Massachusetts.
So you're probably looking more likely at half those subscribers, or around 15 million, paying a dollar a month. (You'd also get another $3 a year from roughly 30 million out of state subscribers -- your national rate, of around .25 a month, is much lower than your in state rates. So you can toss in another $90 million in out of footprint revenue.)
That gives you $180 million in revenue, minus $100 million a year to run the network, plus the $90 million in the out of state footprint revenue.
That knocks down the distribution to around $6 million a school.
(Advertising would be nominal because it's a regional network. The SEC Network has not, for example, done substantial ad revenue thus far. Nor has the Big Ten Network. You'll know what I mean if you watch the advertisements on those networks.)
As if that weren't challenging enough, here's the additional problem: how many cable and satellite subscribers will there be in 2019? Right now ESPN is losing around 3.5 million subscribers a year, will that continue, could it even accelerate? What's more, will there be an appetite for a new sports channel in a rapidly debundling cable era? In other words, have the best days of national and regional sports networks already passed us by?
We don't know.
Which brings me to two final questions.
4. What's the best move the ACC could make?
Adding Notre Dame and Texas.
A 16 team ACC with Notre Dame and Texas as full members could be a gamechanger for the ACC Network because it would add the state of Texas -- and its eight million cable and satellite subscribers -- along with the national cachet of Notre Dame.
The challenge here? Notre Dame and Texas already have lucrative television deals with NBC and the ESPN/Longhorn Network, respectively. Also, as an added difficulty, Texas would have to extricate itself from the Big 12 and leave behind the other Texas schools in a vastly weakened conference. That seems very difficult.
What's more, it's downright impossible to get Texas by 2019 given the rights deals the Longhorns have already signed. Given that NBC already gets all of Notre Dame's home games, how many Notre Dame football games could actually air on the ACC Network even if the Fighting Irish joined the ACC as full members? One or two at most, probably.
But if you're thinking of best case scenarios for the ACC, that's it.
5. Okay, so what's the best case scenario that could happen for the ACC Network in 2019?
Given prevailing market conditions and the continued assault upon the cable bundle, I don't think there's any way ESPN tries to launch a brand new network in 2019.
Instead, I think they'll decide to turn ESPNU into the ACC Network. (Given that the SEC Network now carries most SEC events along with ESPN and ESPN2 and that many Big Ten games will be heading to Fox, there isn't that much content on ESPNU from the SEC and the Big Ten. Plus, the Pac 12 and the Big 12 would prefer that their games air on ESPN and ESPN2 since they're available in more homes. So ESPNU could make sense for the ACC.)
Right now the ESPNU is in roughly 70 million households and brings in .22 a month in subscriber revenue. That's $184.8 million a year in revenue. I believe ESPN will try and take the ESPNU rates up to around $1 a month in the nine state ACC footprint and keep the rate outside the footprint pretty much the same, potentially going up a dime or so.
If ESPN could bump up the revenue of the ACC Network to the point where 19 million cable and satellite subscribers are paying $1 a month -- that would be the subscribers in the six states of North Carolina, Virginia, Florida, Kentucky, Georgia, and South Carolina -- then you'd make $228 million more in revenue for ESPNU even if you're fighting carriage battles in Pennsylvania, New York and Massachusetts. Combine the revenue from the ACC's Southern states with the $110 million more in revenue from the 37 million subscribers in other parts of the country outside the ACC footprint, then substract the $100 million in channel operating costs, and you're talking about around $8 million per ACC school off the ACC Network.
That's the best case scenario I can see for the ACC Network.
But that's if everything goes very well.
Will it?
We'll find out in a couple of years."
Labels:
ACC Finances
Tuesday, July 19, 2016
Brando Prediction
Don't buy it, but like recording it.
https://www.facebook.com/timbrandoshow/posts/1283024828374675
"You may recall back in May I tweeted that I felt the ACC Network announcement was just around the corner and that within 3 to 5 years the Network would be born. Earlier this week my friend SportsBusiness Journal / SportsBusiness Daily's John Ourand reported it and by 2019 they'll hit the air, and will begin operating digitally this season. A lot can happen between now and 2019 but I suspect even with cable television’s changing landscape the LIVE sports properties are always worth greater investment. That's a constant you can count on. I also believe Notre Dame will, if not by 2019, shortly thereafter will become a full time member of the ACC. Only thing that never changes in sports and television? Is change! All the best and I'll catch up again with you before our opener September 3rd in West BY GOD Virginia! :)
-Timmy B"
https://www.facebook.com/timbrandoshow/posts/1283024828374675
"You may recall back in May I tweeted that I felt the ACC Network announcement was just around the corner and that within 3 to 5 years the Network would be born. Earlier this week my friend SportsBusiness Journal / SportsBusiness Daily's John Ourand reported it and by 2019 they'll hit the air, and will begin operating digitally this season. A lot can happen between now and 2019 but I suspect even with cable television’s changing landscape the LIVE sports properties are always worth greater investment. That's a constant you can count on. I also believe Notre Dame will, if not by 2019, shortly thereafter will become a full time member of the ACC. Only thing that never changes in sports and television? Is change! All the best and I'll catch up again with you before our opener September 3rd in West BY GOD Virginia! :)
-Timmy B"
Labels:
Predictions
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