I'm beginning to think the University of Chicago, Sewanee and Holy Cross were brilliant to largely get out this game early on.
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Thread: UConn
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08-25-2024, 06:01 PM #21
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08-25-2024, 06:56 PM #22
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Really curious on the wording in the new Big East media agreement with Fox/NBC on losing a member/members. This quote from Big East commissioner from August is interesting. "These are contractual relationships. If a school wants to leave, conferences provide for that. ... So you try to protect yourself a little bit with an exit fee that will help make up for whatever revenues might be lost because a team is leaving, and thatÂ’s what we have with UConn and everybody else".
https://www.newstimes.com/sports/uco...k-19719636.php
If the Big 12 invites UCONN ( still not 100% sure it happens) then Fox/NBC might dictate expansion to offset. That is where it will get very interesting.
I have deeper thoughts on where College Basketball might be heading with SEC,Big Ten and Big 12 power leading to a change in the Tournament and other changes. I will save those thoughts for a different time. In the meantime I hope the UCONN situation gets resolved either way quickly.
Separately, Big 12 Commissioner is probably the biggest threat to the current Big East. I hope he moves onto another job in the next couple years because he really values Basketball properties.
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08-25-2024, 07:42 PM #23
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08-25-2024, 07:52 PM #24
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08-25-2024, 08:08 PM #25
If UCONN leaves, then the Big East obviously will lose available content - televised UCONN games - that have otherwise been factored into the new media agreement(s).
$7.3 million per school per year will go down, but would hopefully settle at a figure that would still be better than the per school payout when the deal was originally put together in 2013 by Fox. In other words, even with the loss of UCONN, will the Big East, back to its "original" 10 from the 2013 reset, be deemed to be a more valuable property than when it reset back then?
Now you get to the question of expansion. I will submit for the nth time that expansion HAS TO BE ACCRETIVE TO THE EXISTING (REMAINING) MEMBERS. The Big East will have no desire to bring in a new school that dilutes the annual per team payout. I would think that Fox would not directly care, as they'll end up picking up UCONN on the flipside with their Big 12 programming - they'll be able to fill their viewership windows otherwise. They won't want to hurt their own property by making it make less money.
The cocktail napkin sketch for all of this to me, where the emphasis is on both cosmetic and financial objectives, fleshes out to involving the Big East finding a way to bring in Gonzaga. Cosmetic in the sense that the Big East lands a basketball-centric power to replace UCONN. Financial in the sense that such a replacement will at least be sum zero or mildly accretive (assumed).
Bringing in Gonzaga is fraught with issues and risks, but they at least would be absolutely aligned: Catholic/Jesuit and basketball first.
EDIT: It will absolutely suck to go under $7 milion for the annual payout, but it is what it is.Last edited by xudash; 08-25-2024 at 09:52 PM.
X A V I E R
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08-26-2024, 02:41 PM #26
I feel it's remarkable when a large state university can't field a quality football program.
UConn falls into this category.
They have no business playing football in the Big 12.
The rest of their programs (baseball, men's and women's basketball, soccer, etc.) are also better off in a league like the Big East.
If they want to leave, it's a shame but the BE will be fine."All I need are some tasty waves, a cool buzz and I'm fine.--Jeff Spicoli"
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08-26-2024, 02:57 PM #27
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Is that accurate? I have heard anecdotally it's not accurate so take that for what it's worth, and this is USA today so again who really knows for sure but here's the link.
https://sports.usatoday.com/ncaa/finances
This is a fun site:
https://www.sportico.com/business/co...te-1234646029/
A Few notes:
I don't think schools are in the business of losing money, nor making moves to where they are not going to make money. IMHO UCONN would definitely benefit from going to the Big 12, and with Yomark at the helm, I completely disagree that that conference has a bad long term outlook. Let's be honest, winning is secondary...if UCONN football can just be mediocre in that conference, most likely it's a financial windfall compared to where they are now.
Louisville had possibly the worst two year span in the history of big time college basketball athletics and I know for a fact they still made money the last two years.
Lastly, I understand that this is operating rev/exp and capital is a whole different matter, but just a hunch that a lot of those dollars are student/donor driven and the athletic programs pump in a small amount.Last edited by Xville; 08-26-2024 at 03:12 PM.
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08-26-2024, 03:23 PM #28
Your USA Today link does not work.
What are you saying isn't accurate: that there are only a handful of programs that operate at a surplus? You need to consider the revenue line item that reads "Direct Institutional Support." That, I believe, is funding coming from student fees, in most cases. From my way of looking at it, I strip that out, because student fees could otherwise be used for something like, well like something having to do with education, since that is what these places are primarily in the business of providing. That line item is a subsidy, and there is no other way of looking at it.
Now consider when revenue sharing / direct compensation comes into play. That is going to blow up a lot of these schools.X A V I E R
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08-26-2024, 03:45 PM #29
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I believe there are a lot more than 20 currently that operate at a surplus, I believe it's probably more like 40-50. I understand what you mean by the line item though...even though for a school like Clemson they are operating athletically at a profit even taking into consideration that line item. (I do wonder what all that line item encompasses.)
As far as rev share/ direct compensation, I agree it will hurt a lot of schools. However, I'm sure that for the P4 and probably the big east, they will just add it to the cost of the tickets/donations and be just fine. In the end, as others have said here previously, we will be the ones paying for it, not the schools. However, at least we'll get some entertainment out of it i guess.
Take X for example...27 home games is that right? average 10k a game....10 dollar "NIL surcharge" 2.7 million dollars....probably another million a year or so in private donations etc and X is where they need to be.
Regardless, all im saying is that UCONN is on its hands and knees because they believe they can make more money in the big 12, and having an average/medicore football team. I agree with them.Last edited by Xville; 08-26-2024 at 03:57 PM.
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08-26-2024, 04:17 PM #30
27 home games? That's more like 17 or 18, no?
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