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Has the Big Ten signed an extension?
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AllTideUp Offline
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Post: #1
Has the Big Ten signed an extension?
Their contract was set to expire in 2023, but Dennis Dodds is talking about some pretty firm projects going into 2025 and the end of the next decade.

Found this article that highlights some of the info:

BT Powerhouse reports:

They're projecting $70 million by the end of the next decade.
08-17-2019 12:33 AM
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JRsec Offline
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RE: Has the Big Ten signed an extension?
(08-17-2019 12:33 AM)AllTideUp Wrote:  Their contract was set to expire in 2023, but Dennis Dodds is talking about some pretty firm projects going into 2025 and the end of the next decade.

Found this article that highlights some of the info:

BT Powerhouse reports:

They're projecting $70 million by the end of the next decade.

ATU, what I believe has happened is that the Big 10 has signed an extension of the present contract early and that they will continue with the same pay as they are getting now and the escalators will continue to take them to 60 million by 2025 and to about 70 million by 2029-30. If you figure an escalator of about 1.35 million per year which is roughly what the SEC gets now it takes them to those numbers.

What that means to me is that rights have peaked with their last contract. That gives the SEC a solid target of 275 million to stay ahead of them provided we keep the same escalators in place moving forward. 250 million ties us with them. 275 puts us ahead to stay. But either way nobody is catching either of us and it makes Oklahoma's decision that much harder. At the current Big 10 payout they'll be at 56.5 by 2021-2. If we took the 250 well be at 56+ by 2020-21 with escalators in place if Sankey has a brain in his body. I doubt we get much of bump from ESPN in 2034. The numbers tank with a major reduction in Boomers by 2035.

If they did take the extension (and it certainly seems that way) that means that the only way they or we get another big bump is by adding two major brands.

If we renew early to get the cash infusion now it would be smart. It puts us slightly ahead but more importantly makes the gap between the B1G/SEC and ACC all the more likely to create some intense anxiety. Remember when I used to say that monetary difference and time and pressure would do their work. Where here is where it is likely to start doing just that.

Until now we've been thinking Oklahoma and Texas. Should the SEC win those and our gap grows by another 4 or 5 million the Big 10 will have options. Some options to the West and perhaps even some options to the East.

And the Big 12 will be staring our and the B1G's numbers square in the face when they try to renegotiate the Big 12 rights.

If this has happened and if the SEC gets what has been aired this could be the start of much bigger moves and some sooner than anyone thought possible.

On the other hand the Big 10 may have renewed early because they are not adding. And if that's the case we might not either unless as they said in 2012 a crown jewel comes knocking.
08-17-2019 12:56 AM
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AllTideUp Offline
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Post: #3
RE: Has the Big Ten signed an extension?
(08-17-2019 12:56 AM)JRsec Wrote:  
(08-17-2019 12:33 AM)AllTideUp Wrote:  Their contract was set to expire in 2023, but Dennis Dodds is talking about some pretty firm projects going into 2025 and the end of the next decade.

Found this article that highlights some of the info:

BT Powerhouse reports:

They're projecting $70 million by the end of the next decade.

ATU, what I believe has happened is that the Big 10 has signed an extension of the present contract early and that they will continue with the same pay as they are getting now and the escalators will continue to take them to 60 million by 2025 and to about 70 million by 2029-30. If you figure an escalator of about 1.35 million per year which is roughly what the SEC gets now it takes them to those numbers.

What that means to me is that rights have peaked with their last contract. That gives the SEC a solid target of 275 million to stay ahead of them provided we keep the same escalators in place moving forward. 250 million ties us with them. 275 puts us ahead to stay. But either way nobody is catching either of us and it makes Oklahoma's decision that much harder. At the current Big 10 payout they'll be at 56.5 by 2021-2. If we took the 250 well be at 56+ by 2020-21 with escalators in place if Sankey has a brain in his body. I doubt we get much of bump from ESPN in 2034. The numbers tank with a major reduction in Boomers by 2035.

If they did take the extension (and it certainly seems that way) that means that the only way they or we get another big bump is by adding two major brands.

If we renew early to get the cash infusion now it would be smart. It puts us slightly ahead but more importantly makes the gap between the B1G/SEC and ACC all the more likely to create some intense anxiety. Remember when I used to say that monetary difference and time and pressure would do their work. Where here is where it is likely to start doing just that.

Until now we've been thinking Oklahoma and Texas. Should the SEC win those and our gap grows by another 4 or 5 million the Big 10 will have options. Some options to the West and perhaps even some options to the East.

And the Big 12 will be staring our and the B1G's numbers square in the face when they try to renegotiate the Big 12 rights.

If this has happened and if the SEC gets what has been aired this could be the start of much bigger moves and some sooner than anyone thought possible.

On the other hand the Big 10 may have renewed early because they are not adding. And if that's the case we might not either unless as they said in 2012 a crown jewel comes knocking.

Honestly, that's how it initially struck me.

If the Big Ten renewed then perhaps they were just getting the formalities out of the way. It makes sense that if they believed another power player might come aboard then waiting could prove to add the bigger windfall.

Then again, perhaps it's a move to offer a more concrete proposal to a school like Oklahoma. Perhaps a move done in anticipation of the SEC cementing their own deal?
08-17-2019 01:35 AM
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JRsec Offline
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Post: #4
RE: Has the Big Ten signed an extension?
(08-17-2019 01:35 AM)AllTideUp Wrote:  
(08-17-2019 12:56 AM)JRsec Wrote:  
(08-17-2019 12:33 AM)AllTideUp Wrote:  Their contract was set to expire in 2023, but Dennis Dodds is talking about some pretty firm projects going into 2025 and the end of the next decade.

Found this article that highlights some of the info:

BT Powerhouse reports:

They're projecting $70 million by the end of the next decade.

ATU, what I believe has happened is that the Big 10 has signed an extension of the present contract early and that they will continue with the same pay as they are getting now and the escalators will continue to take them to 60 million by 2025 and to about 70 million by 2029-30. If you figure an escalator of about 1.35 million per year which is roughly what the SEC gets now it takes them to those numbers.

What that means to me is that rights have peaked with their last contract. That gives the SEC a solid target of 275 million to stay ahead of them provided we keep the same escalators in place moving forward. 250 million ties us with them. 275 puts us ahead to stay. But either way nobody is catching either of us and it makes Oklahoma's decision that much harder. At the current Big 10 payout they'll be at 56.5 by 2021-2. If we took the 250 well be at 56+ by 2020-21 with escalators in place if Sankey has a brain in his body. I doubt we get much of bump from ESPN in 2034. The numbers tank with a major reduction in Boomers by 2035.

If they did take the extension (and it certainly seems that way) that means that the only way they or we get another big bump is by adding two major brands.

If we renew early to get the cash infusion now it would be smart. It puts us slightly ahead but more importantly makes the gap between the B1G/SEC and ACC all the more likely to create some intense anxiety. Remember when I used to say that monetary difference and time and pressure would do their work. Where here is where it is likely to start doing just that.

Until now we've been thinking Oklahoma and Texas. Should the SEC win those and our gap grows by another 4 or 5 million the Big 10 will have options. Some options to the West and perhaps even some options to the East.

And the Big 12 will be staring our and the B1G's numbers square in the face when they try to renegotiate the Big 12 rights.

If this has happened and if the SEC gets what has been aired this could be the start of much bigger moves and some sooner than anyone thought possible.

On the other hand the Big 10 may have renewed early because they are not adding. And if that's the case we might not either unless as they said in 2012 a crown jewel comes knocking.

Honestly, that's how it initially struck me.

If the Big Ten renewed then perhaps they were just getting the formalities out of the way. It makes sense that if they believed another power player might come aboard then waiting could prove to add the bigger windfall.

Then again, perhaps it's a move to offer a more concrete proposal to a school like Oklahoma. Perhaps a move done in anticipation of the SEC cementing their own deal?

I had a brief chat with a solid Big 10 poster from Iowa. He suggested that Delaney didn't expect a big bump the next time around and even if he hoped for one he wouldn't say so for fear of disappointing folks if the numbers weren't right or demographics shifted, or whatever. He thinks Dodds was told it was okay to project out using the escalators in place and if Delaney can get a bump later on, even a small one, it will look like a victory. So he's not sure it is an extension.

But all of the big numbers the Big 10 and SEC can make stick will only reinforce the possibility of movement and if we land just one of Texas and Oklahoma and the Big 10 gets the other #2's might open up from elsewhere.

We will be looking at a difference over a decade of in excess of 200 million to ACC schools and PAC schools.

Hypothetical here but what if Texas wanted to move to the Big 10 with Notre Dame and North Carolina got antsy over the massive difference too? That's when a flood of surprise moves could happen early. The ACC is struggling now to make in the low 30's. Lets say they get a 3 to 5 million bump for the ACCN. They'll still be at least 23 million behind 60. That's 230 million over 10 years. That's a lot of leverage.

Also should the P5 breakaway completely from the NCAA UNC suddenly is worth a lot more.

I wonder how a GOR would be enforced if a breakaway occurs, especially if the same network winds up with the rights.

It's going to get interesting.
08-17-2019 01:56 AM
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AllTideUp Offline
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Post: #5
RE: Has the Big Ten signed an extension?
(08-17-2019 01:56 AM)JRsec Wrote:  
(08-17-2019 01:35 AM)AllTideUp Wrote:  
(08-17-2019 12:56 AM)JRsec Wrote:  
(08-17-2019 12:33 AM)AllTideUp Wrote:  Their contract was set to expire in 2023, but Dennis Dodds is talking about some pretty firm projects going into 2025 and the end of the next decade.

Found this article that highlights some of the info:

BT Powerhouse reports:

They're projecting $70 million by the end of the next decade.

ATU, what I believe has happened is that the Big 10 has signed an extension of the present contract early and that they will continue with the same pay as they are getting now and the escalators will continue to take them to 60 million by 2025 and to about 70 million by 2029-30. If you figure an escalator of about 1.35 million per year which is roughly what the SEC gets now it takes them to those numbers.

What that means to me is that rights have peaked with their last contract. That gives the SEC a solid target of 275 million to stay ahead of them provided we keep the same escalators in place moving forward. 250 million ties us with them. 275 puts us ahead to stay. But either way nobody is catching either of us and it makes Oklahoma's decision that much harder. At the current Big 10 payout they'll be at 56.5 by 2021-2. If we took the 250 well be at 56+ by 2020-21 with escalators in place if Sankey has a brain in his body. I doubt we get much of bump from ESPN in 2034. The numbers tank with a major reduction in Boomers by 2035.

If they did take the extension (and it certainly seems that way) that means that the only way they or we get another big bump is by adding two major brands.

If we renew early to get the cash infusion now it would be smart. It puts us slightly ahead but more importantly makes the gap between the B1G/SEC and ACC all the more likely to create some intense anxiety. Remember when I used to say that monetary difference and time and pressure would do their work. Where here is where it is likely to start doing just that.

Until now we've been thinking Oklahoma and Texas. Should the SEC win those and our gap grows by another 4 or 5 million the Big 10 will have options. Some options to the West and perhaps even some options to the East.

And the Big 12 will be staring our and the B1G's numbers square in the face when they try to renegotiate the Big 12 rights.

If this has happened and if the SEC gets what has been aired this could be the start of much bigger moves and some sooner than anyone thought possible.

On the other hand the Big 10 may have renewed early because they are not adding. And if that's the case we might not either unless as they said in 2012 a crown jewel comes knocking.

Honestly, that's how it initially struck me.

If the Big Ten renewed then perhaps they were just getting the formalities out of the way. It makes sense that if they believed another power player might come aboard then waiting could prove to add the bigger windfall.

Then again, perhaps it's a move to offer a more concrete proposal to a school like Oklahoma. Perhaps a move done in anticipation of the SEC cementing their own deal?

I had a brief chat with a solid Big 10 poster from Iowa. He suggested that Delaney didn't expect a big bump the next time around and even if he hoped for one he wouldn't say so for fear of disappointing folks if the numbers weren't right or demographics shifted, or whatever. He thinks Dodds was told it was okay to project out using the escalators in place and if Delaney can get a bump later on, even a small one, it will look like a victory. So he's not sure it is an extension.

But all of the big numbers the Big 10 and SEC can make stick will only reinforce the possibility of movement and if we land just one of Texas and Oklahoma and the Big 10 gets the other #2's might open up from elsewhere.

We will be looking at a difference over a decade of in excess of 200 million to ACC schools and PAC schools.

Hypothetical here but what if Texas wanted to move to the Big 10 with Notre Dame and North Carolina got antsy over the massive difference too? That's when a flood of surprise moves could happen early. The ACC is struggling now to make in the low 30's. Lets say they get a 3 to 5 million bump for the ACCN. They'll still be at least 23 million behind 60. That's 230 million over 10 years. That's a lot of leverage.

Also should the P5 breakaway completely from the NCAA UNC suddenly is worth a lot more.

I wonder how a GOR would be enforced if a breakaway occurs, especially if the same network winds up with the rights.

It's going to get interesting.

Makes sense. Seems like an official extension would have been announced by the network if nothing else.

For us, I think it will come down to what CBS is willing to help us with as to how well we can penetrate some of these other conferences. ESPN will be less motivated to help us out unless they can reduce their overall bit.
08-17-2019 10:33 AM
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JRsec Offline
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Post: #6
RE: Has the Big Ten signed an extension?
(08-17-2019 10:33 AM)AllTideUp Wrote:  
(08-17-2019 01:56 AM)JRsec Wrote:  
(08-17-2019 01:35 AM)AllTideUp Wrote:  
(08-17-2019 12:56 AM)JRsec Wrote:  
(08-17-2019 12:33 AM)AllTideUp Wrote:  Their contract was set to expire in 2023, but Dennis Dodds is talking about some pretty firm projects going into 2025 and the end of the next decade.

Found this article that highlights some of the info:

BT Powerhouse reports:

They're projecting $70 million by the end of the next decade.

ATU, what I believe has happened is that the Big 10 has signed an extension of the present contract early and that they will continue with the same pay as they are getting now and the escalators will continue to take them to 60 million by 2025 and to about 70 million by 2029-30. If you figure an escalator of about 1.35 million per year which is roughly what the SEC gets now it takes them to those numbers.

What that means to me is that rights have peaked with their last contract. That gives the SEC a solid target of 275 million to stay ahead of them provided we keep the same escalators in place moving forward. 250 million ties us with them. 275 puts us ahead to stay. But either way nobody is catching either of us and it makes Oklahoma's decision that much harder. At the current Big 10 payout they'll be at 56.5 by 2021-2. If we took the 250 well be at 56+ by 2020-21 with escalators in place if Sankey has a brain in his body. I doubt we get much of bump from ESPN in 2034. The numbers tank with a major reduction in Boomers by 2035.

If they did take the extension (and it certainly seems that way) that means that the only way they or we get another big bump is by adding two major brands.

If we renew early to get the cash infusion now it would be smart. It puts us slightly ahead but more importantly makes the gap between the B1G/SEC and ACC all the more likely to create some intense anxiety. Remember when I used to say that monetary difference and time and pressure would do their work. Where here is where it is likely to start doing just that.

Until now we've been thinking Oklahoma and Texas. Should the SEC win those and our gap grows by another 4 or 5 million the Big 10 will have options. Some options to the West and perhaps even some options to the East.

And the Big 12 will be staring our and the B1G's numbers square in the face when they try to renegotiate the Big 12 rights.

If this has happened and if the SEC gets what has been aired this could be the start of much bigger moves and some sooner than anyone thought possible.

On the other hand the Big 10 may have renewed early because they are not adding. And if that's the case we might not either unless as they said in 2012 a crown jewel comes knocking.

Honestly, that's how it initially struck me.

If the Big Ten renewed then perhaps they were just getting the formalities out of the way. It makes sense that if they believed another power player might come aboard then waiting could prove to add the bigger windfall.

Then again, perhaps it's a move to offer a more concrete proposal to a school like Oklahoma. Perhaps a move done in anticipation of the SEC cementing their own deal?

I had a brief chat with a solid Big 10 poster from Iowa. He suggested that Delaney didn't expect a big bump the next time around and even if he hoped for one he wouldn't say so for fear of disappointing folks if the numbers weren't right or demographics shifted, or whatever. He thinks Dodds was told it was okay to project out using the escalators in place and if Delaney can get a bump later on, even a small one, it will look like a victory. So he's not sure it is an extension.

But all of the big numbers the Big 10 and SEC can make stick will only reinforce the possibility of movement and if we land just one of Texas and Oklahoma and the Big 10 gets the other #2's might open up from elsewhere.

We will be looking at a difference over a decade of in excess of 200 million to ACC schools and PAC schools.

Hypothetical here but what if Texas wanted to move to the Big 10 with Notre Dame and North Carolina got antsy over the massive difference too? That's when a flood of surprise moves could happen early. The ACC is struggling now to make in the low 30's. Lets say they get a 3 to 5 million bump for the ACCN. They'll still be at least 23 million behind 60. That's 230 million over 10 years. That's a lot of leverage.

Also should the P5 breakaway completely from the NCAA UNC suddenly is worth a lot more.

I wonder how a GOR would be enforced if a breakaway occurs, especially if the same network winds up with the rights.

It's going to get interesting.

Makes sense. Seems like an official extension would have been announced by the network if nothing else.

For us, I think it will come down to what CBS is willing to help us with as to how well we can penetrate some of these other conferences. ESPN will be less motivated to help us out unless they can reduce their overall bit.

ESPN will be about keeping enough content for streaming, but keeping it at the best price they can acquire it. The next three years will tell us about the ACCN's value to the ACCN and to ESPN. But utilizing the brands they have access to to the full extent of their value will be key as well.

But don't dismiss the possibility that the Big 10 found out that waiting might not be to their advantage but that neither do they want anyone to know they've extended. If the public knew they couldn't get a boost it might make things easy for the SEC with regard to schools they may be both seeking.

It's going to get interesting.
08-17-2019 10:42 AM
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