(02-22-2019 01:54 PM)HuskyU Wrote:  They got this done real quick. I would have liked them to shop around if it was less than $10 Mil. Then and again, ESPN could have said "$7 Mil, best and final. If you go to market, we drop it."

I gotta think that the deal getting done quick is a very good sign. Didint take long for the Big East to ink their financially lucrative deal. Aresco has made it clear from the start he thought ESPN had been an excellent partner. He also made it clear he thought the AAC was EXTREMELY undervalued in the current deal. My guess is ESPN agreed to a deal with the exposure Aresco wanted at the price the Aresco wanted. It was basically a situation where all Aresco had to do is take "yes" for an answer--no need to go to the open market.

Interesting. I really hope we aren't as far off in our board estimations as we were for the first deal.

I've come to expect bad news when I hear something like this. I'm going to hedge and say we are going to be disappointed. That way I'll be happy if I'm wrong.

I've been saying no more that 2-4 million per school. If it is 8 I'll be pleasantly surprised.

(02-22-2019 01:26 PM)KnightNasty Wrote:  Well he ain't going to say that he is pissed, lol. I hope its good...

Lmao

(02-22-2019 03:06 PM)OKIcat Wrote:  After listening, I'm reading between the lines that this deal could have been completed more quickly because ESPN has leverage to enhance the package with other non-financial offerings such as:
--new or modified bowl affiliations in those properties the network controls;
--new football and basketball match-ups for primetime with schools in P5 conferences that are contractually connected with ESPN;
--other inducements, such as an annual P5 conference challenge in basketball.

It appears we'll know all this very soon.

Don't forget ESPN's ability to pay us more than $2M in 2019-20, which is the last year of the current deal.

(02-22-2019 03:06 PM)Billy Bob Bearcat Wrote:  

(02-22-2019 03:03 PM)Foreverandever Wrote:  

(02-22-2019 02:43 PM)CoastalJuan Wrote:  

(02-22-2019 02:33 PM)Foreverandever Wrote:  Math isn't some peoples strong points here. About a week would easily put us in the open market period.

You do realize that an agreement can be inked this week and not announced until next week, right?

Hmmmmmm


What would be the benefit of waiting? If a deal was signed we'd here the reports of agreed to. That's not what was implied.

What is implied is that everything will wrap up in a week or so. Not that things are done.

Well then why would the Memphis guy be so pleased? Probably because as we all know we can't sign for less than ESPN offers. So he would know what the minimum amount the conference could get was.

I never understood why mystery books and shows ever did well the more I am on the internet the more I get it though.

My assumption is they have an agreement in principle, but you give the lawyers time to go over the contract. Announce sometime next week when it is actually signed.

If the deal was done except for the paperwork they wouldn't have any reason to wait to announce it, they want the publicity from it, helps promote the league and the media partner. In just over a week March Madness will be in effect with conference tournaments. That will run over any announcement. They could wait till the final four weekend, but so much goes on there it won't get the same attention especially with CBS dominating the narratives. There is no benefit in waiting to announce. Minor details are unlikely to derail such an agreement.

(02-22-2019 03:12 PM)bearcatfan Wrote:  I've been saying no more that 2-4 million per school. If it is 8 I'll be pleasantly surprised.

If Aresco/Presidents/ADs/Coaches were expecting 2-4 million and were offered 8 million they would not be pleasantly surprised. They would 100% **** their pants.

(02-22-2019 03:06 PM)Billy Bob Bearcat Wrote:  

(02-22-2019 03:03 PM)Foreverandever Wrote:  

(02-22-2019 02:43 PM)CoastalJuan Wrote:  

(02-22-2019 02:33 PM)Foreverandever Wrote:  Math isn't some peoples strong points here. About a week would easily put us in the open market period.

You do realize that an agreement can be inked this week and not announced until next week, right?

Hmmmmmm


What would be the benefit of waiting? If a deal was signed we'd here the reports of agreed to. That's not what was implied.

What is implied is that everything will wrap up in a week or so. Not that things are done.

Well then why would the Memphis guy be so pleased? Probably because as we all know we can't sign for less than ESPN offers. So he would know what the minimum amount the conference could get was.

I never understood why mystery books and shows ever did well the more I am on the internet the more I get it though.

My assumption is they have an agreement in principle, but you give the lawyers time to go over the contract. Announce sometime next week when it is actually signed.

Exactly.

(02-22-2019 03:03 PM)Foreverandever Wrote:  

(02-22-2019 02:43 PM)CoastalJuan Wrote:  

(02-22-2019 02:33 PM)Foreverandever Wrote:  Math isn't some peoples strong points here. About a week would easily put us in the open market period.

You do realize that an agreement can be inked this week and not announced until next week, right?

Hmmmmmm


What would be the benefit of waiting? If a deal was signed we'd here the reports of agreed to. That's not what was implied.

What is implied is that everything will wrap up in a week or so. Not that things are done.

Well then why would the Memphis guy be so pleased? Probably because as we all know we can't sign for less than ESPN offers. So he would know what the minimum amount the conference could get was.

I never understood why mystery books and shows ever did well the more I am on the internet the more I get it though.

1. Waiting provides time to get everyone on the same page so it can be announced collectively. Do you think that the conference and every one of our football teams announced the football schedule the minute it was completed? No, they released information in waves, got everyone on the same page, and announced together. This isn't the kind of thing that gets officially announced during an ESPN interview.

2. We could certainly sign for less than ESPN's offer if their offer is only good for the period of exclusivity. I'm not necessarily saying that's the case, but you're acting like "as we all know" like they can't draw up offers/contracts any way they'd like.

All I'm saying is that I don't think he'd open his mouth about it if it wasn't effectively a done deal. Saying that there will be an announcement next week, and that he's pleased doesn't imply that they plan to announce "we've decided to test the market, see you in a month or so" next week.

Something is better than nothing.

(02-22-2019 03:10 PM)Attackcoog Wrote:  

(02-22-2019 01:54 PM)HuskyU Wrote:  They got this done real quick. I would have liked them to shop around if it was less than $10 Mil. Then and again, ESPN could have said "$7 Mil, best and final. If you go to market, we drop it."

I gotta think that the deal getting done quick is a very good sign. Didint take long for the Big East to ink their financially lucrative deal. Aresco has made it clear from the start he thought ESPN had been an excellent partner. He also made it clear he thought the AAC was EXTREMELY undervalued in the current deal. My guess is ESPN agreed to a deal with the exposure Aresco wanted at the price the Aresco wanted. It was basically a situation where all Aresco had to do is take "yes" for an answer--no need to go to the open market.

my thinking as well

(02-22-2019 03:10 PM)Attackcoog Wrote:  

(02-22-2019 01:54 PM)HuskyU Wrote:  They got this done real quick. I would have liked them to shop around if it was less than $10 Mil. Then and again, ESPN could have said "$7 Mil, best and final. If you go to market, we drop it."

I gotta think that the deal getting done quick is a very good sign. Didint take long for the Big East to ink their financially lucrative deal. Aresco has made it clear from the start he thought ESPN had been an excellent partner. He also made it clear he thought the AAC was EXTREMELY undervalued in the current deal. My guess is ESPN agreed to a deal with the exposure Aresco wanted at the price the Aresco wanted. It was basically a situation where all Aresco had to do is take "yes" for an answer--no need to go to the open market.

The big east deal was pretty much done before the C7 split. The biggest issue was the OBE had schools out independently or as a group talking to tv people about where to go. The other schools operating in good faith got blindsided which is why they got left crumbs and everybody else made out better.

Aresco had an opportunity to do something similar using Navy to check in with all the important media companies and get a good guess of what they thought. So perhaps you are correct, just as valid is he knows where to go to get paid if ESPN try's to lowball us because like the old big east schools he went around and asked.

Pretty clear that most of the people commenting have not actually listened to the interview. Here are some bits.

"We're wrapping up a media deal. We'll have an announcement for you in about a week to week and a half, We have some good synergy and good convergence on these issues.

"It's been a long process. It's been a very thoughtful and detailed process. One that is going to move the conference forward in a meaningful way. It's one that recognizes the value of this conference, recognizes the value of these universities and for us it recognizes the value of the University of Memphis. That's important for all of us.

"I'm absolutely pleased, no question about it.

"Iv'e been one of the three people involved in it."

Went on to say they don't have "large margins" so this deal will be "critical" for them going forward.

Some conclusions for me...

We're wrapping up...meaning they have an agreement and just need to finalize it.

"It's been a very thoughtful and detailed process" tells me that ESPN couldn't just walk all over us. We had the data to back up our asking price and a good idea of what others might want to pay.

He said he is absolutely pleased...and he previously said he would be happy with $8 million.

I know that most of the teams in this conference are from C-USA but please remember that you are now in the AAC.

Having said that you should expect 100s of times more than C-USA in contract worth... and no, we will never get what the B1G or SEC are getting, but we should be a lot closer to the BIG XII and PAC-12 than any of the other non ENTITLED conferences.

(02-22-2019 01:53 PM)baruna falls Wrote:  I believe the Memphis president has been very aggressive in his desire for the AAC to cut a good deal. If he is pleased then I am pleased,

A long time ago, he said 6 to 8, so I imagine pleased means at least $6M.

(02-22-2019 01:30 PM)Tigersmoke4 Wrote:  

(02-22-2019 01:28 PM)HuskyU Wrote:  What were the numbers the Memphis Pres threw out before?

8-12 million. ,,,,,, or was it "p6" range? Not sure I'm optimistic.

Rudd never said 8 to 12. He said 6 to 8. Bowen later said 8 to 10, but recently changed,it to 6 to 8.

Aresco said P6 money.

(02-22-2019 04:05 PM)TripleA Wrote:  

(02-22-2019 01:53 PM)baruna falls Wrote:  I believe the Memphis president has been very aggressive in his desire for the AAC to cut a good deal. If he is pleased then I am pleased,

A long time ago, he said 6 to 8, so I imagine pleased means at least $6M.

He also said 8-10, doesn't mean much... we could potentially get half of that (I doubt he would be pleased, or even sgng that offer)... we could potentially get twice those numbers as well.

(02-22-2019 03:47 PM)Square Knight Wrote:  Pretty clear that most of the people commenting have not actually listened to the interview. Here are some bits.

"We're wrapping up a media deal. We'll have an announcement for you in about a week to week and a half, We have some good synergy and good convergence on these issues.

"It's been a long process. It's been a very thoughtful and detailed process. One that is going to move the conference forward in a meaningful way. It's one that recognizes the value of this conference, recognizes the value of these universities and for us it recognizes the value of the University of Memphis. That's important for all of us.

"I'm absolutely pleased, no question about it.

"Iv'e been one of the three people involved in it."

Went on to say they don't have "large margins" so this deal will be "critical" for them going forward.

Some conclusions for me...

We're wrapping up...meaning they have an agreement and just need to finalize it.

"It's been a very thoughtful and detailed process" tells me that ESPN couldn't just walk all over us. We had the data to back up our asking price and a good idea of what others might want to pay.

He said he is absolutely pleased...and he previously said he would be happy with $8 million.

My take as well after listening to his comments. The fact that he is happy and in the past said 8 to 12 was in reach, I am sticking with 11 to 12 . He sounded very happy.😎

Sent from my Moto E (4) Plus using CSNbbs mobile app

(02-22-2019 04:01 PM)GoOwls111 Wrote:  I know that most of the teams in this conference are from C-USA but please remember that you are now in the AAC.

Having said that you should expect 100s of times more than C-USA in contract worth... and no, we will never get what the B1G or SEC are getting, but we should be a lot closer to the BIG XII and PAC-12 than any of the other non ENTITLED conferences.

I expect $100m per year, $4m per year won't surprise me, and anything in between is...something to argue/cheer/complain about on the board.

I think:
2X the current deal=ok
3X=Good
4X=Pleased
5X=Great!