NJRedMan
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RE: Information on the imminent media deal
(01-06-2013 02:26 PM)johnbragg Wrote: (01-06-2013 02:08 PM)NJRedMan Wrote: (01-06-2013 01:46 PM)Title Wrote: Lets make this simple. If its one penny less, if im correct, you can count out Butler. And from everything I'm seeing today that would go for Creighton and Xavier as well. And of course Gonzaga would have the position.
So, that's what you are left with for your "best" non-BCS conference. Only problem? It wouldn't be
Are you James Danko the president of Butler?
Are you also the president of Xavier and Creighton?
Why don't we stop talking like we are the ones making the decisions. Also, I highly doubt Butler walks away from 4.999999999999 million because GTown gets 5.0000000000001 million.
Redman, if the press report is accurate, they have a point. They're looking at significantly less money--$5M vs $2.222M if it's 10 teams, $5M vs $1.333M if it's 12 teams. And they're looking at a huge slap in the face.
And if one candidate--especially Xavier, Butler or VCU--publicly turns down this arrangement, it emboldens the others to do the same. And I really don't think that Fox Sports would be happy with the news that instead of Butler, Xavier and VCU or Creighton, it's Dayton, Richmond and Wichita State. (No disrespect, just a clear step down from one group of three to the other.)
I still say this is almost as pointless as the "Would we take Cincy/UConn" argument--what was reported can't be real. No way.
I think the offer is real, but I don't think the other stuff is. I mean why would ESPN be reporting on a Fox offer to the BBall schools unless it can once again sow the seed of instability and get members to question if they want to join. Same ole espn.
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01-06-2013 02:50 PM |
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Jet915
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RE: Information on the imminent media deal
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01-06-2013 03:39 PM |
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NJRedMan
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RE: Information on the imminent media deal
This is from the article.
"It is believed the "Catholic 7" would divide its share of the television rights evenly and split the rest among what ideally will become the other three-to-five schools that it adds to form a 10- to 12-team conference. One source said it is likely the new schools wouldn't share the same amount as the "Catholic 7," which would allow the former Big East basketball schools to earn in the $5 million range. It's thought that free agent schools such as the ones in the Atlantic 10 would be fine with making less than half of that on an annual basis because they currently pull in $400,000 a year."
It doesn't say thats the plan, it says its the thought that those schools would be okay with that.
So two things. It hasn't been proposed just whoever Rovell was talking to cough* Andy Katz cough* thinks they would be okay with that. And if it actually has then those schools have in essence agreed to it in some sort of form.
I don't believe this at all and think it's just Andy Katz being the butt munch that he is.
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01-06-2013 04:15 PM |
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vu97
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RE: Information on the imminent media deal
What everyone if failing to realize is footing the bill to start this new league. Do you think it is cheap to retain Pilson's services and the legal council. Let's not forget the millions of dollars it will take to secure the Big East name. There are tens of millions of dollars that the 7 are ponying up to get this thing off the ground. How would it be fair for 3 schools to come in without absorbing any of the startup costs.
The best thing to do would be charge the entering schools a fee to join that takes into account the start up costs of the league and then have all schools share equally. I think the way the deal will be structured is to have the entering schools receive less money to start as a way of offsetting a joining fee. I would assume after several years, all schools would be on equal footing.
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01-06-2013 05:13 PM |
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johnbragg
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RE: Information on the imminent media deal
(01-06-2013 05:13 PM)vu97 Wrote: What everyone if failing to realize is footing the bill to start this new league. Do you think it is cheap to retain Pilson's services and the legal council. Let's not forget the millions of dollars it will take to secure the Big East name. There are tens of millions of dollars that the 7 are ponying up to get this thing off the ground. How would it be fair for 3 schools to come in without absorbing any of the startup costs.
The best thing to do would be charge the entering schools a fee to join that takes into account the start up costs of the league and then have all schools share equally. I think the way the deal will be structured is to have the entering schools receive less money to start as a way of offsetting a joining fee. I would assume after several years, all schools would be on equal footing.
If that's the case, and that's reasonable, then either the source or the reporter did a terrible job of explaining. "Using some of the TV contract to compensate the C-7 for startup expenses" and "Since the new schools are making $400,000 now, they'll be happy with $2.5M while the C-7 get $5M" are two very different things.
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01-06-2013 06:14 PM |
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EPJr
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RE: Information on the imminent media deal
(01-06-2013 12:57 AM)Title Wrote: Universities aren't going to join a conference that is fundamentally set up to be unequal.
Its just not happening, whatever dollar figure
you are right, who do they think there are - Texas?
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01-06-2013 07:19 PM |
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NJRedMan
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RE: Information on the imminent media deal
(01-06-2013 07:19 PM)EPJr Wrote: (01-06-2013 12:57 AM)Title Wrote: Universities aren't going to join a conference that is fundamentally set up to be unequal.
Its just not happening, whatever dollar figure
you are right, who do they think there are - Texas?
Or Boise?
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01-06-2013 08:06 PM |
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itsmejpt
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RE: Information on the imminent media deal
There's got to be something else that is either missing from the report or not being put across properly. Either it's a temporary imbalance to pay for start up or something is just being misreported or something else. Setting up a conference that way financially makes no sense. Having members that don't make as much is like adding UConn or Cincy to my mind, it ruins the chemistry.
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01-06-2013 09:49 PM |
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NJRedMan
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RE: Information on the imminent media deal
(01-06-2013 09:49 PM)itsmejpt Wrote: There's got to be something else that is either missing from the report or not being put across properly. Either it's a temporary imbalance to pay for start up or something is just being misreported or something else. Setting up a conference that way financially makes no sense. Having members that don't make as much is like adding UConn or Cincy to my mind, it ruins the chemistry.
I honestly think his "source" is totally ESPN in house.
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01-06-2013 09:52 PM |
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aughnanure
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RE: Information on the imminent media deal
(01-06-2013 06:14 PM)johnbragg Wrote: (01-06-2013 05:13 PM)vu97 Wrote: What everyone if failing to realize is footing the bill to start this new league. Do you think it is cheap to retain Pilson's services and the legal council. Let's not forget the millions of dollars it will take to secure the Big East name. There are tens of millions of dollars that the 7 are ponying up to get this thing off the ground. How would it be fair for 3 schools to come in without absorbing any of the startup costs.
The best thing to do would be charge the entering schools a fee to join that takes into account the start up costs of the league and then have all schools share equally. I think the way the deal will be structured is to have the entering schools receive less money to start as a way of offsetting a joining fee. I would assume after several years, all schools would be on equal footing.
If that's the case, and that's reasonable, then either the source or the reporter did a terrible job of explaining. "Using some of the TV contract to compensate the C-7 for startup expenses" and "Since the new schools are making $400,000 now, they'll be happy with $2.5M while the C-7 get $5M" are two very different things.
Or ESPN is trying to damage the perception of a league they will not have a TV deal with again. Will there be some unequal revenue sharing? Probably. But it will be short-term. Think future everyone and breathe.
Also, if this league starts next year - the C7 is probably fronting a large portion of the 3-5 schools' exit fees to get it started ASAP (along with their own exit fees, purchase of Big East name, etc).
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01-06-2013 11:53 PM |
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SubGod22
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RE: Information on the imminent media deal
(01-06-2013 02:26 PM)johnbragg Wrote: (01-06-2013 02:08 PM)NJRedMan Wrote: (01-06-2013 01:46 PM)Title Wrote: Lets make this simple. If its one penny less, if im correct, you can count out Butler. And from everything I'm seeing today that would go for Creighton and Xavier as well. And of course Gonzaga would have the position.
So, that's what you are left with for your "best" non-BCS conference. Only problem? It wouldn't be
Are you James Danko the president of Butler?
Are you also the president of Xavier and Creighton?
Why don't we stop talking like we are the ones making the decisions. Also, I highly doubt Butler walks away from 4.999999999999 million because GTown gets 5.0000000000001 million.
Redman, if the press report is accurate, they have a point. They're looking at significantly less money--$5M vs $2.222M if it's 10 teams, $5M vs $1.333M if it's 12 teams. And they're looking at a huge slap in the face.
And if one candidate--especially Xavier, Butler or VCU--publicly turns down this arrangement, it emboldens the others to do the same. And I really don't think that Fox Sports would be happy with the news that instead of Butler, Xavier and VCU or Creighton, it's Dayton, Richmond and Wichita State. (No disrespect, just a clear step down from one group of three to the other.)
I still say this is almost as pointless as the "Would we take Cincy/UConn" argument--what was reported can't be real. No way.
If this is the deal and how it played out, no chance in hell Wichita State would take it.
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01-07-2013 09:06 AM |
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Title
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RE: Information on the imminent media deal
No one of consequence will.
That's why this whole thing is so absurd. Fox isn't about to present any contract without having the teams defined.
No one is joining under those conditions, so Fox is going to have a problem with close conditions. ----> Those conditions won't exist
(This post was last modified: 01-07-2013 09:39 AM by Title.)
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01-07-2013 09:37 AM |
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thegalen
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RE: Information on the imminent media deal
I'll quote a scene from the movie "The Grifters" here:
"Cut your score in half, right down the middle. Worse than that, you take a partner, you put an apple on your head, and hand the other guy a shotgun."
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01-07-2013 10:33 AM |
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nathanhm
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RE: Information on the imminent media deal
I don't know why everyone is freaking out. Its probably just a graduated payout at first to offset the legal and financial costs the C7 had to undertake to get the conference off the ground.
If Georgetown / Marquette / Villanova / St. John's didn't demand a bigger share of the pie from DePaul, Seton Hall, and Providence, I can't imagine they would set up an inequitable system that benefits most of the members of the new league but not all of them.
Most leagues have entrance fees, exit fees, etc. I could see the new members needing some financial help to get their ducks in order. It will come out of their share.
(This post was last modified: 01-07-2013 10:56 AM by nathanhm.)
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01-07-2013 10:56 AM |
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johnbragg
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RE: Information on the imminent media deal
(01-07-2013 10:56 AM)nathanhm Wrote: I don't know why everyone is freaking out.
Because the text of what the source said is bonkers.
I completely agree with you that this caste system thing isn't happening. But I can't blame people for panicking.
That said, please do not panic. All is well.
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01-07-2013 11:00 AM |
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MUAvalanche
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RE: Information on the imminent media deal
(01-07-2013 11:00 AM)johnbragg Wrote: That said, please do not panic. All is well.
A Kevin Bacon moment? All is well.
I agree with those who suggest that any difference in payout will be a graduated payment for costs fronted by the C7 to get the conference off the ground as opposed to a slight against the new members. As least it better be.
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01-07-2013 12:16 PM |
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Jet915
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RE: Information on the imminent media deal
More conference fodder, this time from a Providence source on the Xavier board (xavierhoops.com):
"More breaking news, it's being reported by sources close to PC that the conference will be 12, the 3 I said before plus SLU and Creighton, and Fox Sports is going to announce the TV deal on Wednesday. Supposedly all conference games will be shown on FOX which will be in 80 million homes.
Now let me just say the source for this info is usually pretty accurate, so even though I believe it, I wouldn't bet my life on it."
Interesting thing about this is that on the SLU board (billikens.com), someone else mentioned that there will be an announcement on Wednesday and that "they would be happy."
(This post was last modified: 01-08-2013 10:38 AM by Jet915.)
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01-08-2013 10:16 AM |
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NJRedMan
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RE: Information on the imminent media deal
(01-08-2013 10:16 AM)Jet915 Wrote: More conference fodder, this time from a Providence source on the Xavier board (xavierhoops.com):
More breaking news, it's being reported by sources close to PC that the conference will be 12, the 3 I said before plus SLU and Creighton, and Fox Sports is going to announce the TV deal on Wednesday. Supposedly all conference games will be shown on FOX which will be in 80 million homes.
Now let me just say the source for this info is usually pretty accurate, so even though I believe it, I wouldn't bet my life on it.
Interesting thing about this is that on the SLU board (billikens.com), someone else mentioned that there will be an announcement on Wednesday and that "they would be happy."
Uh you've only listed 4 schools. You listed Creighton twice.
Butler
Xavier
SLU
Creighton
???????
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01-08-2013 10:34 AM |
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Jet915
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RE: Information on the imminent media deal
Dayton is the other. I copied and pasted it from the person who posted it, I don't have any sources.
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01-08-2013 10:37 AM |
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johnbragg
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RE: Information on the imminent media deal
I'd say we're making a serious mistake with Saint Louis over VCU. VCU's history, even before the last few years, stacks up with any of the non-Xavier candidates, and VCU could easily be the dominant basketball program in the state of Virginia, 8M strong. SLU hasn't shown an ability to compete at a near-Big East level, except marginally under Majerus.
VCU would be my No. 10, never mind No. 12.
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01-08-2013 10:46 AM |
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