OT - New TV deal for SEC with ESPN - Up from $55M a year to $300M a year

[GhostofMBA]

https://www.msn.com/en-us/finance/companies/new-tv-deal-that-replaces-cbs-with-espn-could-mean-2423-million-plus-annually-for-each-sec-school/ar-BBYecdY

I believe this is for football only?

New TV deal that replaces CBS with ESPN could mean $23M annually for each SEC school. Currently each school gets $4M a year for the deal.

The shilling for the SEC for everything will be monstrous from ESPN. It will be interesting what the other Power 5 schools are thinking or wanting to do. This deal is huge and changes more than just football. This will have a trickle effect with the other sports programs at these schools. Not that the NCAA was meaningless before, but will it be nonexistent in enforcement in the future? How will this affect the MBB landscape as other structures are being built to support the other programs on campus? Has the clock finally struck midnight for the big time dreamers of getting back to the dance for schools in ISU's position? Is this the beginnings of the split in D1 basketball like football (FBS/FCS)?

 

[isuquinndog]

Why is this the deal to get the split going? It's been going on for a while. Not saying they won't split, just wondering why THIS one is the one that does it.

ACC - https://www.nytimes.com/2019/08/22/sports/ncaafootball/acc-network-espn.html
Pac 12 - https://www.bruinsnation.com/2011/5/4/2153940/breaking-down-the-pac-12s-new-tv-deal-with-espn-fox-pac-12-network
Big East - https://www.sportsbusinessdaily.com/Daily/Issues/2013/03/21/Media/Big-East-MWC.aspx
Big 10 - https://outline.com/vaRZGu

 

[Chi-bird]

For all the issues and imperfections of the NCAA, it still did a relatively-good job of holding college athletics to a high standard of fairness and inclusion of all schools and sports programs (to a degree). Sure, there is perhaps the major college football exception, but for the most part, college athletics had a feel to it that was closer to high school athletics than to the pros.

What we have today is ESPN essentially running college football. They have replaced the not-for-profit NCAA with their for-profit ways. Some might say this is a good thing, and time will tell. They said, what we are seeing is just how much the almighty dollar affects decisions from conference affiliation to scheduling. The short term benefits (perhaps more $$$ in the pockets of the universities) will need to be considered against the potential long term adverse affects of de-amateurising college athletics.

It’s one thing to try to convince alums to donate and invest in their schools teams. It’s a while other challenge to try and get alums to do the same when they see those teams as something too far removed from something they resonate with. Why should a graduate, potentially saddled with student debt feel the need to offset costs for sports programs when they are raking in millions of dollars annually from contracts that made the teams and players and overall fan experience less accessible? People don’t donate to profession teams and tend to spend when the team is doing well. Will see how it translates for college athletics.