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Isn't today the day for the ESPN/BE response?
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CommuterBob Offline
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Post: #21
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 03:14 PM)stever20 Wrote:  well, the beauty is we'll know by end of the day who is right.

the problem I see:
" ESPN shall accept or reject a Reoffer by COnference no later than seven days from its receipt."

that means they can accept a reoffer by the conference. I'm sorry, but I'm almost certain that means if ESPN accepts the reoffer, they get it.

I go back to the CUSA deal...
http://sports.espn.go.com/ncf/news/story?id=6274628

"At best, they violated our right to be given an opportunity to consider a final offer."

So to me, saying they get to consider a final offer means they have the right to take the final offer.

I'd expect a hefty lawsuit if ESPN accepts the offer, and Big East tries to go with NBC. Just like with CUSA.

The CUSA case was a different scenario as CUSA and ESPN had initially agreed to the framework of a deal, then CUSA rejected the deal (mostly because of the Tuesday and Wednesday games) while the final details were being worked out. Then CUSA went to the market to get their deal from CBS. That's why ESPN sued. And in the end, all ESPN ended up with was the CCG (and they still payout about $1M for that). CUSA didn't go through the proper process to get to the open market and they still ended up with an open-market deal.

Here, the BE went through the proper process to get to the open market and are offering ESPN a chance to be the last bidder.
02-21-2013 03:20 PM
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CommuterBob Offline
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Post: #22
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 03:03 PM)Attackcoog Wrote:  
(02-21-2013 02:38 PM)stever20 Wrote:  The chance to match the offer means if ESPN accepts the offer, they get it. I mean think about it logically and not emotionally. Say the property was American Idol. Free agent. Same clause. CBS says we'll pay AI 300 million dollars to do the show. Fox then if they agree to pay 300 million dollars keeps the show. If they don't agree, CBS gets it.

Or to put it in another way, the Big East is a restricted free agent.

Your reading something into the text that is not there. The advantage ESPN has written into thier contract is that no current expiring media property can sign with another network without first giving ESPN the current bid that is about to be accpeted and letting ESPN have one last crack at the property. Thats all. Its not an eternal servitude contract---especially since it states in writing that ESPN may simply not be capable of matching the conditions of a competing offer. It also, if you notice, leaves ESPN the option to do what ever it wishes now that it knows the other offer. It can simply buy a portion of the rights or bring in a partner that would allow ESPN to meet (or beat) the competing bid on price and exposure. Being the last bidder with full knowledge of the competing bid is a HUGE advantage.

BINGO.
02-21-2013 03:22 PM
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ECUPirated Offline
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Post: #23
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 02:53 PM)CommuterBob Wrote:  
(02-21-2013 02:38 PM)stever20 Wrote:  The chance to match the offer means if ESPN accepts the offer, they get it. I mean think about it logically and not emotionally. Say the property was American Idol. Free agent. Same clause. CBS says we'll pay AI 300 million dollars to do the show. Fox then if they agree to pay 300 million dollars keeps the show. If they don't agree, CBS gets it.

Or to put it in another way, the Big East is a restricted free agent.

I thought that too at first, but then I read the actual language from the CUSA contract and read from others saying it isn't like an RFA. The clause is really there to basically prevent ESPN from being completely excluded from a chance to bid. It's not an exclusivity offer like a restricted free agent would be. Aresco blew the initial offer by putting it at $300M/year knowing ESPN would never accept that to get the Conference out to the open market. But he also had to know that any offer that he got on the open market would have to be taken back to ESPN for a match/counter if his bid was just ludicrous (as it was). If it's truly a RFA scenario, do you really think Aresco would have blown the bid? This isn't his first rodeo.

All this clause really does is give ESPN the last chance to sell their network vs. anyone in the open market. If the BE doesn't like ESPN's offer, they do not have to accept it.

This is how I see it.

1. I don't see how a contract can be expiring and the nBE would legally be required to resign with ESPN just because they match an offer to renew said contract.

2. If this were true (nBE must resign with ESPN if they match) and NBC understood this to be the case and really wanted content for their network, why would they come with such a low ball offer.

3. If true, it makes the renegotiation window between ESPN and the nBE pointless if ESPN can just come in later after the nBE went to the open market and match a low offer and the BE is forced to accept it.

Makes no sense. I agree with your assertion. The clause simply gives ESPN one more chance to keep the BE in it's inventory IF the BE were to accept ESPN's matching offer otherwise the nBE goes where it wants.
(This post was last modified: 02-21-2013 03:26 PM by ECUPirated.)
02-21-2013 03:25 PM
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LSUtah Offline
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Post: #24
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 10:34 AM)apex_pirate Wrote:  Who will be the first to say the ESPN response is proof that the Big East is not wanted?

Matt Sarz

I have not read the entire thread yet, so I will go there. If ESPN does not match the offer, it is because of the uncertainty that Cinci and UCONN will still be there in xx (fill in the blank) months.
02-21-2013 03:27 PM
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stever20 Offline
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Post: #25
RE: Isn't today the day for the ESPN/BE response?
like I said, we'll see today/tonight/tomorrow. I know McMurphy reported it as what I'm saying.

speaking of McMurphy- just was looking to see if he had anything new:
McMurphyESPN Brett McMurphy
Discussions b/w ESPN & Big East still ongoing concerning Big East's media rights deal
02-21-2013 03:28 PM
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CommuterBob Offline
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Post: #26
RE: Isn't today the day for the ESPN/BE response?
ESPN has "matched" the NBC offer according to Blaudschun. http://ajerseyguy.com/?p=5238

Now it's up to the BE to decide which offer they want.

Quote:Those moves will start to speed up once the Big East decides its television status with either ESPN or NBC as the prime rights holder. ESPN on Thursday “matched’ the NBC offer of a week ago.

The issue now being discussed by Big East officials is what constitutes “matching”.

Quote:After taking a week to finalize its strategy, ESPN on Thursday . ESPN ”matched’ the offer, but whether the criteria of matching includes promotion and programming slots equal to what NBC is offering remains unsettled.

Although the multi-year offer (6 or 7 years) from NBC will bring the Big East schools only between $20 and 23 million annually, the league was counting on prime time exposure on NBC and its cable outlets as well as additional exposure on other networks to carry them through the transition as smaller, but perhaps more unified conference in football and basketball.
(This post was last modified: 02-21-2013 03:53 PM by CommuterBob.)
02-21-2013 03:40 PM
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westwolf Offline
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Post: #27
RE: Isn't today the day for the ESPN/BE response?
Why should the nBE command more TV $$$ than CUSA received a few years ago. Aren't they the same?
02-21-2013 03:43 PM
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Attackcoog Offline
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Post: #28
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 03:43 PM)westwolf Wrote:  Why should the nBE command more TV $$$ than CUSA received a few years ago. Aren't they the same?

In a word...No.
02-21-2013 03:48 PM
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ECUPirated Offline
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Post: #29
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 03:43 PM)westwolf Wrote:  Why should the nBE command more TV $$$ than CUSA received a few years ago. Aren't they the same?

How bout inflation? Some of the other conferences that renewed deals didn't simply get a raise because they added "good teams". Media deals in general for sports across the entire spectrum have gone up. So the real question is why should any network not have to pay more regardless of which conference it is. Obviously nobody in their right mind expects SEC/PAC 12 numbers, but it doesn't mean the numbers shouldn't be higher than what was offered 5-10-15 years ago.
02-21-2013 03:50 PM
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stever20 Offline
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Post: #30
RE: Isn't today the day for the ESPN/BE response?
the story seems very conflicting:
After working on a multi-year package with NBC Sports Network for football and basketball which will pay between $20 and 25 million per year, the Big East on Thursday also had to ponder a matching offer from ESPN, which is the current primary broadcaster holder for football and basketball for the conference.
(makes it sound as if Big East gets to choose which network gets it)

After taking a week to finalize its strategy, ESPN on Thursday . ESPN ”matched’ the offer, but whether the criteria of matching includes promotion and programming slots equal to what NBC is offering remains unsettled.
(makes it sound as if ESPN matches everything, they get it).
02-21-2013 03:50 PM
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TIGER-PAUL Offline
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Post: #31
RE: Isn't today the day for the ESPN/BE response?
I read it as ball in BE's court now...
02-21-2013 03:53 PM
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stever20 Offline
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Post: #32
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 03:53 PM)TIGER-PAUL Wrote:  I read it as ball in BE's court now...

frankly this article is so confusing it's tough to tell which side the ball is on right now.
02-21-2013 03:57 PM
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Post: #33
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 03:43 PM)westwolf Wrote:  Why should the nBE command more TV $$$ than CUSA received a few years ago. Aren't they the same?

Think about it.....really..think about it.

The nBE doesnt have Rice, UAB, UTEP and Marshall and instead has Cincy, UConn, Temple and Navy.

So ARE they the same?

I'm assuming Tulsa is in play both ways here.

Is 2010 and 2014 the same?
02-21-2013 03:57 PM
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Derby Offline
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Post: #34
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 03:43 PM)westwolf Wrote:  Why should the nBE command more TV $$$ than CUSA received a few years ago. Aren't they the same?

um... no. but good try.
02-21-2013 03:59 PM
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goodknightfl Offline
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Post: #35
RE: Isn't today the day for the ESPN/BE response?
These writers have no more idea than us bozo's here exactly how this all works. I wouldn't put much into anything they write.

Everyone keeps bringing up CUSA, but no one knows exactly what the BE deal with ESPN says or does not say.
02-21-2013 04:26 PM
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Post: #36
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 03:43 PM)westwolf Wrote:  Why should the nBE command more TV $$$ than CUSA received a few years ago. Aren't they the same?

Argh...it drives me nuts that people think this.

Not-cUSA: cincy, uconn, temple, usf, navy
cUSA: houston, SMU, tulane, ucf, ecu, memphis

NBE took the cream of the crop from cUSA in terms of Tv/markets... the ones that were paying the bills for their conference and deserved much better deal.

And please don't try and pull USF/cincy are just cUSA... they've been in big east since 2003, and worthy enough of a 13 million/season deal that was passed, along with uconn. Navy is obviously worth a lot more than cUSA, and temple was core big east and easily the best available team in MAC. Bring in Tulsa and you leeched out all the real 'value' of cUSA.

Now is it better than ACC grouping worth 17-19M? No. Is it better than old big east grouping offered at 11-13M? No. But is it still hands down a helluva lot better than cUSA makeup a few years ago? Yes. Espin or nbc gets a deal on this content.
(This post was last modified: 02-21-2013 04:53 PM by rutgers4life.)
02-21-2013 04:43 PM
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MinerInWisconsin Offline
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Post: #37
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 04:43 PM)rutgers4life Wrote:  
(02-21-2013 03:43 PM)westwolf Wrote:  Why should the nBE command more TV $$$ than CUSA received a few years ago. Aren't they the same?

Argh...it drives me nuts that people think this.

Not-cUSA: cincy, uconn, temple, usf, navy
cUSA: houston, SMU, tulane, ucf, ecu, memphis

NBE took the cream of the crop from cUSA in terms of Tv/markets... the ones that were paying the bills for their conference and deserved much better deal.

And please don't try and pull USF/cincy are just cUSA... they've been in big east since 2003, and worthy enough of a 13 million/season deal that was passed, along with uconn. Navy is obviously worth a lot more than cUSA, and temple was core big east and easily the best available team in MAC. Bring in Tulsa and you leeched out all the real 'value' of cUSA.

Now is it better than ACC grouping worth 17-19M? No. Is it better than old big east grouping offered at 11-13M? No. But is it still hands down a helluva lot better than cUSA makeup a few years ago? Yes. Espin or nbc gets a deal on this content.

The BE is getting $20-23 million per year for their deal and C-USA is getting $14 million per year.

The BE is getting what the market will pay. NBC offered this amount and apparently no one (CBS, Fox) wanted to raise the ante. It's better than what the newbies were getting in their old conferences but not enough to write home about. Cincy, USF and UConn fans are fit to be tied. They need out yesterday.
(This post was last modified: 02-21-2013 05:02 PM by MinerInWisconsin.)
02-21-2013 05:01 PM
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goodknightfl Offline
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Post: #38
RE: Isn't today the day for the ESPN/BE response?
ESPN in a sense matched the offer today, Some reports seem to say a bit more $$ but no way to match the TV exposure. BE prez have to meet to vote on offer. Will be interesting to see where it all ends up.

Miner the NBE is getting 20 to 23 plus another 2 or 3 from CBS.

So 23 to 26 is more like the final.
(This post was last modified: 02-21-2013 05:07 PM by goodknightfl.)
02-21-2013 05:06 PM
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stever20 Offline
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Post: #39
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 05:01 PM)MinerInWisconsin Wrote:  
(02-21-2013 04:43 PM)rutgers4life Wrote:  
(02-21-2013 03:43 PM)westwolf Wrote:  Why should the nBE command more TV $$$ than CUSA received a few years ago. Aren't they the same?

Argh...it drives me nuts that people think this.

Not-cUSA: cincy, uconn, temple, usf, navy
cUSA: houston, SMU, tulane, ucf, ecu, memphis

NBE took the cream of the crop from cUSA in terms of Tv/markets... the ones that were paying the bills for their conference and deserved much better deal.

And please don't try and pull USF/cincy are just cUSA... they've been in big east since 2003, and worthy enough of a 13 million/season deal that was passed, along with uconn. Navy is obviously worth a lot more than cUSA, and temple was core big east and easily the best available team in MAC. Bring in Tulsa and you leeched out all the real 'value' of cUSA.

Now is it better than ACC grouping worth 17-19M? No. Is it better than old big east grouping offered at 11-13M? No. But is it still hands down a helluva lot better than cUSA makeup a few years ago? Yes. Espin or nbc gets a deal on this content.

The BE is getting $20-23 million per year for their deal and C-USA is getting $14 million per year.

The BE is getting what the market will pay. NBC offered this amount and apparently no one (CBS, Fox) wanted to raise the ante. It's better than what the newbies were getting in their old conferences but not enough to write home about. Cincy, USF and UConn fans are fit to be tied. They need out yesterday.

Add 2-4 million for the CBS deal they're getting.
BE 22-27 million per year (2.2-2.7 mil per year per school)
CUSA 14 million per year (1 mil per year per school)

getting over 150% more is a pretty big deal. Especially with only a 500k exit fee.
02-21-2013 05:07 PM
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MinerInWisconsin Offline
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Post: #40
RE: Isn't today the day for the ESPN/BE response?
(02-21-2013 05:07 PM)stever20 Wrote:  
(02-21-2013 05:01 PM)MinerInWisconsin Wrote:  
(02-21-2013 04:43 PM)rutgers4life Wrote:  
(02-21-2013 03:43 PM)westwolf Wrote:  Why should the nBE command more TV $$$ than CUSA received a few years ago. Aren't they the same?

Argh...it drives me nuts that people think this.

Not-cUSA: cincy, uconn, temple, usf, navy
cUSA: houston, SMU, tulane, ucf, ecu, memphis

NBE took the cream of the crop from cUSA in terms of Tv/markets... the ones that were paying the bills for their conference and deserved much better deal.

And please don't try and pull USF/cincy are just cUSA... they've been in big east since 2003, and worthy enough of a 13 million/season deal that was passed, along with uconn. Navy is obviously worth a lot more than cUSA, and temple was core big east and easily the best available team in MAC. Bring in Tulsa and you leeched out all the real 'value' of cUSA.

Now is it better than ACC grouping worth 17-19M? No. Is it better than old big east grouping offered at 11-13M? No. But is it still hands down a helluva lot better than cUSA makeup a few years ago? Yes. Espin or nbc gets a deal on this content.

The BE is getting $20-23 million per year for their deal and C-USA is getting $14 million per year.

The BE is getting what the market will pay. NBC offered this amount and apparently no one (CBS, Fox) wanted to raise the ante. It's better than what the newbies were getting in their old conferences but not enough to write home about. Cincy, USF and UConn fans are fit to be tied. They need out yesterday.

Add 2-4 million for the CBS deal they're getting.
BE 22-27 million per year (2.2-2.7 mil per year per school)
CUSA 14 million per year (1 mil per year per school)

getting over 150% more is a pretty big deal. Especially with only a 500k exit fee.

Oh don't get me wrong, I'd take that raise in a minute. I'm just letting the Rutgers guy know he is being too generous to the BE while backhanding C-USA. I should know by now that it is part of the American culture to pi$$ on the guy below you, apparently.
02-21-2013 05:20 PM
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