The commissioner included a game in the deal that he didn't have rights to. Fox owns the majority of the big 10 network which owns the big10 grant of rights. Most of the increased money is going to get siphoned off by Fox. NBC and CBS are paying a ton of money and they want marquee games and it seems like that might not happen unless Fox gets paid off which negates to point of bringing in NBC and CBS |
How do you know this ? The teams are pleased with their projected payouts during the 7 year deal which will reach $90 million--possibly more--per team. Are you suggesting that the Big Ten Conference member teams were misled as to their annual payouts under the new 7 year TV deal ? The former Big Ten Commissioner's deal which 'which included a game in the deal that he didn't have rights to" is a simple matter of reimbursing the projected lost. Not a problem under the new highly lucrative deal. |
Exactly correct. |
Only the first two sentences of the quoted post are "exactly correct". The last two sentences are misleading at best. |
|
https://theathletic.com/3518414/2022/08/18/big-ten-tv-deal-details-rights/
Article states that the Big Ten deals are worth about $8 billion over the next seven years. The first two paragraphs are interesting. |
Well then offer your rebuttal to that poster. |
The division of money is stated in the contract. "unless Fox gets paid off" = there is a contract in place with specific details. NBC & CBS are big enough to protect their interests through contractual terms. The contract controls the relationships with the parties to the contract. |
The contract that the previous commissioner didn't have fully approved. |
|
While it is interesting to read about Big Ten Conference expansion news & rumors, sometimes the best and most accurate news is information that is not known to the media or to the public. For example: The move by USC & UCLA to the Big Ten was kept secret until very late in the process as was the SEC's blockbuster deal with Texas & Oklahoma. Along this line of thought, I do not find any information about current negotiations for Notre Dame to move to the Big Ten Conference despite the lack of progress in the Notre Dame/NBC negotiations over a TV contract that is set to expire relatively soon (at the end of the 2024 football season).
Notre Dame football currently earns a total of roughly $26 million from its NBC deal and its ACC football deal combined. Rumors are that Notre Dame is seeking $75 million per year from NBC--a substantial raise from its current $22 million per year ND receives from NBC. According to recent news reports, no deal is in the works. NBC is part of the Fox Sports/Big Ten Network/Big Ten Conference deal. If Notre Dame gives up its semi-independent status to join the Big Ten Conference, Notre Dame would possibly receive about $100 million per year for the next 6 years(as it will miss the first year of the 7 year contract). Of course, this is speculation, but the new Big Ten/Fox deal projects $90 million per year per Big Ten team and the contract contains an escalator clause if the Big Ten Conference expands further beyond the addition of USC & UCLA. More money & a better chance for a National Championship might be enough to attract Notre Dame to the Big Ten Conference. As things are now, according to my understanding, if Notre Dame makes the College Football Playoffs, Notre Dame is not eligible for a bye in the first round of the playoffs. If true, then this greatly reduces the chances for Notre Dame of winning a national championship in football. |
Please stop trying to derail the thread with misinformation. The contract has been fully approved by all parties to the contract. |
Please stop spreading misinformation. |
"Nearly three months before the season kicks off and those TV deals begin, the Big Ten does not have completed longform contracts, which include the fine print details." https://www.espn.com/college-football/story/_/id/37693310/big-ten-new-commissioner-television-deal-coaches-uncertainty |
| Just means that some details need to be worked out. Absent fraud or something tantamount to fraud, the contract has been agree upon by all parties to the contract. |
The contracts are signed. The longform just clarifies details remaining to be worked out. |
"These deals aren't done, and they aren't what they were represented to be from the standpoint of the NBC deal and the availability of all members to participate in November games in primetime," said an industry source. Interviews with nearly a dozen sources in and around the Big Ten and the college sports industry paint a picture of Petitti sprinting to navigate details left unresolved from his predecessor. As a result, there's a trail of unhappy athletic directors seeing money disappearing from their bottom line, frustrated television executives and big-name coaches irked about the lack of transparency in details that weren't communicated to them. https://www.espn.com/college-football/story/_/id/37693310/big-ten-new-commissioner-television-deal-coaches-uncertainty |