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Chicago State FloSports Deal
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joshadam84 Offline
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Posts: 552
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I Root For: Chicago State
Location: Indiana
Post: #10
RE: Chicago State FloSports Deal
Just a random update on this.

I’d anticipate an announcement by Chicago State no later than the new fiscal year— so July 1st or earlier. The article originally listed potential revenue of $750k, then later was removed. My understanding of the contract is it’ll be more incentive based. CSU will get a base amount each year, and could receive a “bonus” if they reach a certain number of viewers for their events. So the $750k would be near the top of the potential earnings amount during the 5-year period if the Cougars were to reach the target.

Finally, the big part referenced in the article was on football. And from what I understand, the context it was referenced in is in the base amount of revenue Chicago State would receive. Basically, the base amount increases effective the year Chicago State has home football games aired on FloSports — which in the yearly breakdown was in 2022-23. No additional specifics on it— just referencing that FloSports would have those rights as well.

So hopefully this will be something clarified further when CSU makes their formal announcement. Regardless if it happens, the fact the Cougars were able to secure a media rights agreement providing additional income is another great step in the right direction by the athletic department. They have an online auction going on now, established the Cougar Pride Fund, and are building a solid group of administrators to help elevate the department. This in turn should enable the department to invest more into their programs, which is much needed.
05-24-2021 04:38 PM
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Messages In This Thread
Chicago State FloSports Deal - joshadam84 - 03-25-2021, 07:45 PM
RE: Chicago State FloSports Deal - Todor - 03-26-2021, 05:32 PM
RE: Chicago State FloSports Deal - Todor - 03-29-2021, 10:01 AM
RE: Chicago State FloSports Deal - Todor - 03-31-2021, 02:30 AM
RE: Chicago State FloSports Deal - joshadam84 - 05-24-2021 04:38 PM



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