Seems pretty obvious Sankey and Petitti jointly decided "let's get the money straight, then we can figure out the rest later."
From the figures Ross Dellenger provided, a ballpark estimate of the split of ESPN's $1.3B package breaks down as follows:
B1G/SEC (34 members):
- collectively receives 58% of the $1.3B ($754M)
- each school receives a share of 1.7% ($22M)
BIG XII/ACC (33 members not including ND)
- collectively receives 32% of the $1.3B ($429M)
- each school receives a share of 1.0% ($13M)
NOTRE DAME
- receives a share of 1.0% of the 1.3B ($13M)
AAC/MWC/SBC/MAC/CUSA (64 members)
- collectively receives 9% of the $1.3B ($152M)
- each school receives a share of 0.24% ($1.4M)
Again, these are ballpark calculations and likely on the high side. There's overhead and administrative costs to consider, plus as Ross mentions UConn's share is TBD.
Basically, though:
P2: 1¾ share per member
M2: 1 share per member
G5: ¼ share per member
- - - - -
Will be interesting to see if those numbers change (and the gap widens) if/when the P2 decide to expand again. It's basically a lock any SEC/B1G additions will come from among ACC/Notre Dame/Big XII. It's just as certain neither Sankey or Petitti will ask current SEC/B1G members to take a haircut on their ~$22M CFP shares.
Without an M2 (or M1) per share cut (G5 crumbs not worth touching), the math doesn't work if new M2 to P2 schools are allotted the full $22M upon joining. So unless there's some built in escalator with ESPN, the guess is new P2 schools would stay at $13M until the next CFP agreement begins in 2032.
Worth noting that there are advantages for Sankey and Petitti in not letting new members receive a full share from Day One.
1. Appeases bean-counting existing members by making new members earn equity over a 6-year span
2. Avoids accusations the P2 conferences are enticing M2 schools with a higher CFP payout